1-13-2021 -- GWT Hopebridge 4 LLC is the new owner of the 12,062 SF office building at 505 S. Third Street in downtown Elkhart on the corner of Third and Marion Street. The building, commonly known as Atrium Court, will be the newest location for a Hopebridge Autism Therapy Center. Hopebridge Autism Therapy Centers provide personalized therapy for children touched by behavioral, physical, social, communication and sensory challenges. This will be the first Elkhart County location for the center. The company is headquartered in Indianapolis and currently operates in four other states: Arizona, Georgia, Kentucky and Ohio, with additional states planned in 2021. FM Stone Broker Sharon Welsh assisted in the sale between Marcott Family Partners LLC and GWT Hopebridge 4 LLC. Renovations to the building will soon be underway and Hopebridge Autism Therapy Center hopes to be open as soon as possible in its new location.
Hobson Sells Duplex Investment
12-16-2020 — Jaymison Haussler & Leliana Fredrickson are the new owners of the two-duplex investment property at 418-420 S. 28th Street in South Bend. The 1,660 SF duplex was previously owned by Midwest Innkeepers LP. FM Stone Broker Richard Hobson represented Midwest Innkeepers in the transaction.
Truma Buys Elkhart Land
12-10-2020 — FM Stone Senior Vice President Brent Miller, SIOR, assisted Truma in the purchase of 3.8 acres of land at 14 Harman Drive in Elkhart. The land is across the street from Truma’s new North American headquarters which was built in 2018. The 71-year-old company is a system supplier of heaters, air conditioning systems, hot water generators, maneuvering assistants and gas supply for the recreational vehicles industry. Truma, which gets its name from former president Harry S. Truman, first came to Elkhart in 2013. The seller of the land was Y&L Investment LLC.
Welsh Sells Investment Property
11-30-2020 — FM Stone broker Sharon Welsh represented the seller in an investment sale of a commercial building at 113-115 State Street in Elkhart. The 5,476 SF two-story building has two retail suites on the main level and two apartments upstairs. Sharon represented the seller, Equity Trust Corp. The buyer was Lion Gate Investment LLC.
MX5 & Associates Leases 10,000 SF
11-5-2020 — MX5 & Associates is the new tenant in 10,000 SF of industrial space in Suite 2 at 24615 CR 45 in Elkhart. Bill Kuhns assisted in the lease negotiations between MX5 & Associates and Jack and Nancy Wait. MX5 & Associates, door manufacturers who distribute their product nationwide, is expanding into the new, larger space.