Love's Coming to Elkhart

8-29-2017 -- The southwest corner of the US 20 Bypass and CR 17 in Elkhart County will soon be seeing some building activity. Love’s Travel Stop will be constructing a 24-hour convenience store and fuel station on the north side of the 47-acre property it recently purchased. The new Love’s Travel Stop location is expected to include an attached Hardee’s fast food restaurant. Love’s also expects to develop the south side of the property with lots for commercial and industrial development. The new Love’s Travel Stop is expected to employ about 50 people. The deal, which had been in development for about two years, was put together by FM Stone’s John Letherman, CCIM, and Pete Letherman, CCIM, SIOR.

Penn Store-It Buys 2 Buildings

8-24-2017 -- Richard Hobson assisted in the sale of 202-204 Beech Road in Osceola. Penn-Store-It LLC is the new owner of the 6,400 SF in two industrial buildings. The new owner intends to covert the buildings into storage units starting immediately. He currently owns another storage facility at 1104 Lincolnway West in Osceola which is just around the corner from this new location on Beech

Thor Buys Wakarusa Building

8-11-2017 -- Thor Motor Coach Inc. is the new owner of 54,000 SF of industrial space at 1060 E. Waterford Street in Wakarusa. Brent Miller, SIOR, assisted in the sale. Thor Motor Coach will use the building for Class C motorhome production. “We want to make sure we solidify our relationships and this begins with providing our dealers with our popular motorhomes in a more timely fashion," said Dana Simon, vice president of sales for Thor Motor Coach. “The expansion plans we have in place will allow us to continue our rapid sales growth into future years.” Along with other new expansions in Bristol and Elkhart, Thor Industries, the parent company of Thor Motor Coach, expects to be adding 400 new jobs across the county. 

G&C Properties Buys Goshen Lots

8-4-2017 -- Pete Letherman, SIOR, CCIM, assisted in the sale of two lots at 1853 and 1905 Ardmore Court in Goshen. Located in the new Waterford Commons Business Park along CR 27 (Dierdorff Road) just south of CR 38 (Kercher Road), the two lots totaling 4.21 acres were sold to G&C Properties LLC. G&C Properties is constructing a 13,200 SF service and sales center on the lots where the service of recreational vehicles will be main focus. “We believe there is great demand for service,” said Glenn Troyer of G&C Properties. “Our main focus will be to the high-end motor home and fifth wheel consumer.” The building is expected to be completed in September.