2-5-15 – Scott Griffith assisted Michiana Metal Finishing in leasing 6,346 SF of industrial space at 1926 Leininger in Elkhart from Leininger Avenue Properties. Bill Kuhns, SIOR, represented the landlord. Michiana Metal Finishing specializes in metal polishing for the RV industry.
Dollar Tree Comes to Elkhart
1-30-15 -- FM Stone is proud to announce that Dollar Tree will open its third Elkhart County store in the former Walgreen’s building at 2200 S. Main Street in Elkhart. FM Stone Real Estate Broker Scott Griffith brokered the sale of the retail building to Millco Acquisition Company LLC who in turn is leasing the building to Dollar Tree. Headquartered in Chesapeake, Va., Dollar Tree is a single-price-point retailer in North America, operating thousands of stores across 48 U.S. states and five Canadian provinces. The company offers a broad mix of merchandise and every item is only $1 (or less). The building is currently undergoing renovations in anticipation of a March 20, 2015, opening.
The building, at the southeast corner of Main and Lusher on the south side of Elkhart, had been on the market with FM Stone Commercial for just 47 days before Griffith secured the offer. It had previously been on the market with several other local and national commercial real estate companies for several years. The building has been vacant since 2008. This is the second major retail development at the corner of Main and Lusher that FM Stone has assisted in. In July of 2012 O’Reilly Automotive purchased 0.991 acres on the northeast corner of that same intersection. The entity built a 7,000 SF O’Reilly Auto Parts store there which opened in 2013. FM Stone’s Brent Miller, SIOR, represented the seller of the land in that transaction.
1926 Leininger, Elkhart, Sold By Kuhns and Griffith
1-15-15 -- Bill Kuhns, SIOR, and Scott Griffith assisted Leininger Avenue Properties in the purchase of 1926 Leininger in Elkhart. This 6,346 SF manufacturing building is expected to be an investment property for the new owner. The sellers were Rick and Lori Ettline. The new owner is currently renovating the building with updates to lights, HVAC, paint, and refurbishing offices.
RXR Xtreme Rides Leasing New Building in Goshen
Scott Griffith and Bill Kuhns, SIOR, assisted RXR Xtreme Rides Inc. in leasing 7,500 SF of retail space at 2115 Lincolnway East in Goshen. RXR Xtreme Rides sells and services all-terrain vehicles, motorcycles, dirt bikes, scooters etc. The company is moving from County Road 38 (Kercher Road) in Goshen to this new location.
Kline Custom Homes Has New Headquarters
Scott Griffith assisted Kline Custom Homes Inc. in the purchase of a new corporate headquarters building at 12200 Adams Road in Granger. Kline Custom Homes began in 1997 as a subcontracting company and has grown to become a custom home builder serving St. Joseph, Elkhart, Berrien and Cass counties. Richard Hobson represented the seller, Mutual Bank, in the sale of this 2,637 SF building on 1.31 acres. The building had been on the market for 17 months.