Sale of Great Lakes Marine Service Center in Grafton complete

Organizations:

The last two buildings of the former Great Lakes Marine Service CenterĀ in Grafton have been purchased by Motorsport Composites for $1 million.

Jim and Kathleen Burt owned the property at 2133 County W, which included four buildings. Grafton-based Motorsport Composites purchased two 15,000-square-foot buildings at the southern portion of the property Sept. 18.

Mark Schnoll and Jim Larkin from Colliers International, brokered the deal.

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In June, Port Washington-based Molded Dimensions Inc. purchased a 12,000-square-foot and 9,200-square-foot building for $600,000 from the Burts. NAI MLG brokered the deal.

ā€œThis property sat on the market for a while but we found two great companies that didnā€™t need all the space so we were able to split it and now two businesses can grow,ā€ Larkin said.

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