John Letherman

FM Stone Commercial Moves

ELKHART, Ind. (February 27, 2012) – FM Stone Commercial, a local commercial real estate services firm, and its parent company, The Tiedemann Group, proudly announce their move into 7,148 SF of newly constructed offices in Suite 175 of the Lexington Business Centre, 530 E. Lexington Avenue in Elkhart.

The space was transformed over 15 weeks by the FM Construction team and the following contractors: Select Drywall & Paint did all drywall; Gaylor was the electrical contractor; Griffen Plumbing & Heating did all plumbing work; and Stahl Heating & Air Conditioning did all HVAC work. LaSalle Bristol provided all floor coverings.

“Our commitment since the beginning has been to do things right. We think you will agree when you see the quality finishes and high-tech amenities this space has to offer,” said Carl Tiedemann, CEO & President. “We partnered with Acruity Business Consulting in order to create a state-of-the-art, technologically-savvy environment. We also teamed up with Business Furnishings and interior designer Jennifer Franklin for help with color and carpet selections, space planning and new office furniture. Initial plans were drawn up by architect Tom Borger.”

Other facts:

  • Three existing tenants were moved and demolition completed before construction began on September 5, 2011. In just 21 days, with a crew of six FM Construction employees, all the framing was completed.

  • Over 22,000 feet of new cabling for high-speed data and high-definition video connectivity was run.

  • Almost 8,500 lineal feet of trim has been masterfully placed throughout the offices – much of it stained cherry. 

FM Stone Commercial Sells Former Ace Hardware Building on Cassopolis Street in Elkhart to Premier Motors

FM Stone Commercial represented both the buyer and seller in the sale of the former Palmer Ace Hardware at 1635 Cassopolis Street in Elkhart to Premier Motors. This will be the fourth Elkhart County location and the third location in Elkhart for the locally- owned car dealership.

John Letherman, CCIM, represented the seller in the purchase and Brent Miller, SIOR, represented the buyer, Premier Motors. Premier Motors plans to make improvements to the 19,420-square-foot building which sits on 2.88 acres on busy State Road 19 on the north side of the city. Premier Motors expects to open its newest location in mid-January 2012. 

FM Stone Sells Feed The Children Organization A New Facility

FM Stone Commercial represented the seller in the sale of the former Burnstine distribution center building at 22365 Elkhart East Boulevard to the Feed The Children organization. The organization will relocate from the former Bayer campus, which is nearly 1 million square feet, to the newer 65,072-square-foot facility on 7.43 acres on the east side of the city. The city had gifted the former Bayer site to Feed The Children in 2003 for $1, and the organization decided to give the gift right back. But the gift back will be even greater—Feed the Children intends to pay to clear all the outdated buildings from the site which was originally built for Miles Laboratory in 1938. 

“This is a great day for the city of Elkhart,” explained John Letherman, CCIM, with FM Stone Commercial who represented the seller in the purchase of the new facility. “Feed The Children iscommitted to reinvesting in the Elkhart community. It is going to take that 26-acre Bayer site and clear it back to a green space perfect for economic development. What we are ultimately going to have is a shovel-ready site with sewer, water, utilities and roads in place so the City of Elkhart will be able to respond quickly if a business wants to come in to the community.”

Last year Feed The Children distributed nearly 10 million pounds of food and supplies from Elkhart.“Elkhart has been very good to Feed The Children,” said Pete Sosenko, senior vice president of operations. “Vacating the antiquated and outmoded Bayer property and relocating to a more cost effective and functional facility was a tough yet necessary decision for our organization. We are committed to staying here and we applaud community leaders for working with us to find the best solution for our immediate and future needs.”