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

News
Research
Year-End 2022 Industrial Market Report
February 2023

Year-End 2022 Industrial Market Report

Brokerage
Events
News
NAI Global’s “How’s Biz” Show Features EVP Kelly Disser
January 2023

NAI Global’s “How’s Biz” Show Features EVP Kelly Disser

Brokerage
Events
News
Connect Industrial Midwest Conference Set for February 22
January 2023

Connect Industrial Midwest Conference Set for February 22