10-23-2020 — VAV Operations is the new owner of the former Chemical Bank branch at 511 W. Lincoln Avenue in Goshen. The 7,900 SF building will be used by VAV’s brand Lighthouse Autism Center, which provides autism therapy services to centers in Indiana and Michigan. There are already two centers in Elkhart and this will be first in Goshen. The seller was TCF National Bank. FM Stone brokers Scott Griffith and Pete Letherman, SIOR, CCIM, assisted in the sale.
Hobson & Welsh Assist in Sale
10-19-2020 — Sharon Welsh and Richard Hobson assisted in the sale of 723 Bower Street in Elkhart. This 2,790 SF office building was on the market for 174 days before being sold to Northern Investments LLC. The new owner intends to update the building and then lease it out as a multi-tenant office or retail building to several tenants. Hobson and Welsh represented the seller, Hess Building LLC, in the sale.
The RV Factory To Open 2nd Location
The RV Factory is the new owner of the 35,243 SF industrial building at 3504 Henke Street in Elkhart. FM Stone’s Brent Miller, SIOR, assisted in the sale. The RV Factory is the manufacturer of the Luxe line of fifth wheel RVs and toy haulers. The company specializes in building and delivering directly from the factory to the consumer using materials that are purchased for each individual RV and brought in just in time. This will be a second Elkhart location for The RV Factory.
Chubb Steel Buys 98,442 SF Building
10-5-2020 — Chubb Steel is the new owner of the 98,442 SF industrial building at 1900 W. Hively Avenue in Elkhart. The building was formerly occupied by Zurn and had been on the market for almost 1,600 days prior to being sold. Pete Letherman, SIOR, CCIM, represented the seller, Zurn Pex Inc., in the sale and Bill Kuhns represented Chubb Steel. The building purchase will allow Chubb Steel to have both a weld shop and a final shop in the new location. The steel fabrication business already has three other plants in the area.
Keystone Purchases Two Goshen Buildings
9-28-2020 — Keystone RV is the new owner of two Goshen industrial buildings at 2313 & 2321 Eisenhower Drive North. Keystone RV purchased the buildings from P&R Holdings LLC. FM Stone brokers Brent Miller, SIOR, and Scott Griffith assisted in sale negotiations. It is unknown what Keystone plans to do with the two 5,928 SF buildings.