FM Stone Commercial’s John Letherman, CCIM, recently assisted Jayco, Inc. in the sale of 14.29 acres at State Road 13 and the Toll Road in Middlebury. The buyer was STCR Real Estate, LLC. The property sold consists of an 11.11-acre industrial parcel and a 2.179-acre roadway parcel which was reserved for the extension of Greenfield Parkway to SR 13. SR 13 is located immediately west of the industrial parcel. Jayco formerly owned both vacant land and manufacturing buildings in the Greenfield Industrial Park. This sale is the final disposition of all Jayco parcels in the Greenfield Industrial Park area.
Because of extensive new industrial building in Greenfield Industrial Park, the roadway parcel has drawn the attention of the Elkhart County Economic Development Corporation (EDC). The EDC has proposed a project which would extend Greenfield Parkway to SR 13, thereby connecting the businesses in Greenfield Industrial Park directly with the Middlebury Toll Road Interchange which lies immediately west of SR 13. STCR has indicated a desire to work in cooperation with any effort to extend Greenfield Parkway to SR 13 at the Toll Road Interchange. At the present time, the EDC is working with the Indiana Department of Commerce and INDOT to gain assistance with the extension of Greenfield Parkway.
Jayco employs nearly 1,600 people who make camping trailers, travel trailers, fifth wheels, motor homes and toy trailers. Jayco products are distributed by a network of over 300 dealers in the United States and Canada.
About FM Stone Commercial
FM Stone Commercial is one of the largest and most experienced real estate firms in Northern Indiana. From its headquarters in Elkhart County, it services a market area of Northcentral Indiana and Southwest Michigan. FM Stone Commercial agents combine market knowledge and technological sophistication, delivering unsurpassed professional commercial real estate services to clients. Serving with honor and integrity, FM Stone uses teamwork to help clients make wiser, better informed decisions, resulting in maximum real estate values. For further information, visit www.fmstone.com.
About Jayco Inc.
Jayco is the world’s largest privately held manufacturer of recreation vehicles. The company manufactures and markets RVs under the Jay Series, Baja, Jay Feather, White Hawk, Jay Flight, Swift, Skylark, Eagle, Eagle Super Lite, Pinnacle, Octane ZX, Seismic, Greyhawk, Melbourne, Seneca, and Embark brand names. For more information on Jayco, visit www.jayco.com.