Valpo Sells Mail Office to Gaming Company
The real estate company operated by Valparaiso University has sold the university’s former mail center to a gaming accessory manufacturer. AVRO Development LLC says it closed on the sale of the property to Litko Aerosystems Inc., which is based in Valparaiso.
Litko says the 8,100-square foot facility will be used to expand operations and grow business.
“With our business being in close proximity to Valparaiso University, it gives us the opportunity to collaborate with professors, students, and others on campus. We are looking to attract talent that is interested in being part of a high-tech direct-to-consumer ecommerce operation,” said Kenneth Litko, president & chief executive officer of LITKO Game Accessories.
The university says the sale is part of AVRO Development’s land initiative called ‘Vitalize Valpo,’ a strategy to spur land and economic development activity in Valparaiso, near the Valparaiso University campus.
“We are excited to play a small role in Litko’s ability to grow their operations right here at home in Valpo. This is one of many steps on the path towards maximizing the potential of our expansive real estate portfolio” said Luke Aeschliman, President of AVRO Development.