4-1-2017 -- Koorsen Properties LLC is the new owner of the 15,200 SF industrial building at 3953 Ralph Jones Drive in South Bend. The building is now home to the South Bend location of Koorsen Fire & Security which provides fire, security, communications and mobile safety products and services. Koorsen Fire & Security was founded in 1946 and is a third-generation, family-owned business with more than 27 locations in five states. The company has 12 locations in Indiana. Brent Miller, SIOR, represented the seller, MMC Leasing, in the transaction.
Letherman Assists Katalyst
3-28-2017 -- Katalyst Corporation, an industrial coatings distributor, is the new tenant at Windsor Park (821-831 Windsor Avenue) in Elkhart. Pete Letherman, SIOR, CCIM, assisted in leasing Unit 1, a 2,400 SF suite, to Katalyst. The company, headquartered in Indianapolis, provides high performance protective coatings, industrial coatings, liquid and powder coatings, architectural paints and application tools.
The Tire Man Leases 8,467 SF
3-24-2017 -- Scott Griffith and Bill Kuhns, SIOR, assisted in the lease of 8,467 SF of industrial space at 1611 W. Bristol Street in Elkhart to The Tire Man LLC. The company is a tire distributor selling tires to mechanics, retail tire stores, etc.
Buchanan Metal Forming Leases 36,640 SF in Niles, Michigan
3-17-2017 -- Carl Tiedemann, SIOR, assisted Buchanan Metal Forming in leasing 36,640 SF of space in Suite B of the 614,405 SF industrial building at 2121 Chicago Road in Niles. The suite will provide expansion space for warehousing and light manufacturing for the company that manufactures 100% cold forged components for all major industries.
Miller & Hobson Sell Apartments
3-14-2017 -- Summit Ford Apartments in South Bend has a new owner. This 16,992 SF apartment complex with 32 units was purchased by Skyline Home Investments LLC. Richard Hobson and Ross Miller, SIOR, represented the seller, Summit Ford Apartments LLC, in the $850,000 sale. The property was on the market 10 days.