John Letherman, CCIM, assisted AZOV Renting & Leasing in the purchase of the former Tops Home Center property at 2805 Old US 20 in Elkhart. The company intends to operate a trucking company from the location. The property consists of 6,932 SF on 4.04 acres and includes a 1,176 SF office, 4,076 SF service building with attached 1,248 SF offices and a 28’x60’ modular office building. The property had only been on the market for 46 days before the offer was received.
FM Stone Commercial Assists Pen-Tech in Leasing First Goshen Location
Scott Griffith, Broker with FM Stone Commercial, recently assisted new business Pen-Tech LLC in leasing its first location in Goshen. Pen-Tech is now occupying 6,000 square feet in Suite 2 at 2420 Dierdorf Road on the south side of the city. According to Pen-Tech owner Bob Penick, the industrial suite in this multi-tenant building is being used to do pre-delivery inspections for RVs.
Pre-delivery inspections are typically done by the RV dealership when it receives the unit from the manufacturer. Some dealers prefer to have those inspections completed by an outside entity, like Pen- Tech, in order to reduce cost, improve quality of the inspection and save time. Pen-Tech receives the RV unit, completes the inspection and then gets the RV directly to the buyer or end-user. Inspections in Pen-Tech’s new space began on June 9.
“Pen-Tech’s goal is to help ensure that the customer is getting the quality product they paid for, and to help prevent any problems from arising when they are using their new RV,” said Sabrina Penick, Bob’s wife. “Bob has 12 years of experience in the RV industry. He has always believed in quality first.”
FM Stone Commercial Hires Broker Scott Griffith
FM Stone Commercial, a local commercial real estate services firm, and its parent company, The Tiedemann Group, are proud to announce the hiring of a new employee at the corporate headquarters in downtown Elkhart. Scott Griffith was named Commercial Real Estate Broker. The Tiedemann Group is an an organization of interrelated companies providing an array of real estate and construction services throughout the Midwest. In addition to FM Stone Commercial, the Tiedemann Group of companies includes FM Stone Construction, J. Wilsey Appraisal Co., Tiedemann Realty Services, Tiedemann Wines, Eastpoint Business Centre and Lexington Business Centre.
As a Commercial Real Estate Broker, Scott specializes in the leasing, buying and selling of all types of commercial properties in Northern Indiana. Prior to joining FM Stone, Scott worked part time for another commercial real estate company in Fort Wayne where he represented properties in Elkhart and St. Joseph counties. Before deciding to pursue a full-time career in commercial real estate with FM Stone, Scott spent more than 15 years working in the concrete industry. Scott and his family live in Goshen.
FM Stone Assists Pro Custom Paint in Securing Third & Fourth Elkhart Facilities
Bill Kuhns, SIOR, Senior Broker with FM Stone Commercial recently assisted Pro Custom Paint in securing its third and fourth area buildings in three years. Pro Custom Paint’s most recent purchases are two industrial buildings totaling 66,647 SF on 7.4 acres at 57974 & 57976 County Road 3 in Elkhart. This latest purchase will allow owner Mike Suski the opportunity to keep growing and diversifying. And he intends to do just that.
Pro Custom Paint is an automotive paint shop catering primarily to the recreational vehicle market. Clients are manufacturers that produce RVs and need custom paint work on the vehicles. And business has been good for the former member of the Newmar management team who started Pro Custom Paint in September of 2010.
“The plan is to consolidate our existing business under one roof,” Suski said. “We will use one of the new buildings which is roughly 33,000 SF, add a new addition of 25,000 SF and move the operations from our two other buildings under one roof for more efficiency. Then we will take our other two buildings (18,000 SF and 20,800 SF) and create two new businesses. One will focus on paint for smaller parts related to the RV, marine and automotive industry and the other will focus on catering to existing RV owners who want things like special paint jobs or need repair work on their vehicles.”
All four of Suski’s buildings are within a quarter mile of each other. And what will happen with the other building he recently purchased? It will be leased out until Suski needs it. This shouldn’t be long considering how things have moved for him so far. Currently employing 50 people, Suski expects to add another 30 employees by the end the 1Q 2014. He hopes to have everything consolidated under one roof by the end of January 2014. Now all he needs now are employees.
FM Stone Assists Girard Systems in Securing New Goshen Facility
Bill Kuhns, SIOR, Senior Broker with FM Stone Commercial assisted Girard Systems and Girard Products LLC in leasing 30,800 SF of industrial space at 2515 Lombardy Drive in Goshen. The move into this south side building is due to the company expanding.
“Our business has dramatically increased and we have outgrown our San Clemente, Calif., facility,” said Marcia Girard, CEO and President of Girard. “Our goal is to be closer to our customers and provide faster service. We have moved Girard Products’ entire Tankless Water Heater operation to Goshen and we will be doing all R&D, testing and order processing and shipping from this location starting in November. We have many new innovative products in development and being in Goshen will allow us to work closely with our OEM customers in their development.”
A leader of green technology in the RV Industry, Girard Products specializes in responsible components that reduce energy consumption, are recyclable, feature dependable long term performance and help reduce the carbon footprint. The Girard Tankless Water Heater is designed to provide endless hot water on demand unlike storage tank water heaters which require time to recover after running out of hot water. More than 30 brands of major RVs are now offering the Girard Tankless Water Heater on their 2013 and 2014 models either as an option or as standard equipment. Girard Systems also has new awnings in development and will begin to expand certain awning and shade production in its new Goshen facility after the first of the year.
FM Stone’s Ross Miller, SIOR, represented the building owners, MFUS Holding, LLC, in the lease transaction.