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WALKER - One of the sorriest local business stories in many a year here has just taken a more pleasant turn.
The vacant Waldorf Road headquarters of Michigan Bulb Co., a subsidiary of the now-bankrupt Foster & Gallagher, recently was purchased through CB Richard Ellis of Grand Rapids LLC.
According to Bob Horn, the agent handling the sale, three parcels of property have been sold over the last two months to two separate buyers.
The properties, amounting to several hundred thousand square feet of space, are a building at 2070 Waldorf, which had served briefly as an information center, the headquarters and its adjoining packing ,and mailing center at 1950 Waldorf, and a warehouse a block away at 2535 Waldorf Court.
Terra Firma LLC, a local investment company, has purchased the 2070 Waldorf and 2535 Waldorf Court buildings, which are 33,800 and 127,700 square feet, respectively. Terra Firma officials asked CB Richard Ellis to find tenants for the properties, and Horn...