Pete Letherman

StairSupplies Grows in Goshen

2-20-2018 -- StairSupplies is growing in Goshen. The company recently negotiated a lease for the new 20,000 SF building at 1755 Ardmore Court in Goshen. Pete Letherman, SIOR, CCIM, assisted in the transaction with landlord Ardmore Court Enterprises LLC. This will be a second Goshen location for StairSupplies. The company, which is a stair part manufacturer and vendor for treads, stair railings, handrails, wood and iron baluster, newels and other stair supplies, also has a location at 1722 Eisenhower.

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Forest River Buys in Ligonier

10-31-2017 -- Pete Letherman, SIOR, CCIM, assisted Forest River in purchasing the 118,337 SF industrial building at 710 Gerber Street in Ligonier. The building, which includes 10 acres, was purchased from Kropf Family Real Estate LLC. Forest River plans to create about 130 jobs before year’s end at this new location which will produce Puma brand travel trailers. The building was most recently used by Creative Wood, a furniture maker. Forest River, a Berkshire Hathaway company, produces recreational vehicles, pontoon boats, cargo trailers and buses. The company, headquartered in Elkhart, operates multiple manufacturing facilities throughout the Midwest and West Coast. 

Lakota Trailers Buys 21,270 SF Industrial Building in Bristol

9-5-2017 -- Lakota Trailers, a maker of horse trailers with and without living quarters, is the new owner of 21,270 SF of industrial space on 8 acres at the southeast corner of I-80/90 and State Road 13 in Bristol. Lakota plans to use the new space to expand its operations. Pete Letherman, SIOR, CCIM, assisted in the deal. AWT Inc. was the seller.

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.