fbpx
February 2012

...

The Redevelopment Commission for the City of Valparaiso acquired the former Northcoast Distributors building at 705 Silhavy Rd. in Valparaiso, IN from Leetz Properties for $4 million, or about $33 per square foot.

The single-story, 123,000-square-foot industrial building was built in 1993 on 9.1 acres in the Porter County Industrial submarket.

Northcoast is currently building a new headquarters to total 215,630 square feet in Valparaiso. Expected completion of the new site is March 2012, which is when the company will move out of its current building, which it’s currently leasing from the city. Northcoast is staying in Valparaiso in part due to City tax abatement incentives.

Chris Gary from NAI Hiffman represented the seller.

Recent Blog Posts

Brokerage
News
Consumption, Construction and Cold Storage
May 2022

Consumption, Construction and Cold Storage

Brokerage
News
Hiffman’s John Basile Represents Buyer in 225,000 SF Cold Storage Facility Sale
May 2022

Hiffman’s John Basile Represents Buyer in 225,000 SF Cold Storage Facility Sale

Brokerage
News
Hiffman Represents Seller in $4.5 M Industrial Sale
May 2022

Hiffman Represents Seller in $4.5 M Industrial Sale