Jayco Buys Middlebury Land

12-11-2019 — FM Stone Broker John Letherman, CCIM, sold 7.2 acres of land at the southeast corner of SR 13 and the I-80/90 Toll Road in Middlebury to Jayco Inc. This was the last remaining parcel on that corner that Jayco did not own. The company, which has built RVs, camping trailers, travel trailers, fifth wheels, motorhomes and toy haulers for nearly 50 years, now owns 96.27 acres of land on that southwest corner and additional land at that intersection. The seller of the land was Praful Palan Revocable Living Trust. It is expected that Jayco will most likely hold onto the land for future development opportunities.