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ELBERFELD, IND. — Huntingbug, Ind.-based Fibertech recently purchased the former ISM building in Elberfeld for $1.6 million. Fairport, N.Y.-based Sppramco II LLC sold the 79,842-square-foot industrial building, which is situated on 15 acres. Steve Martin and Chris Stuard of Sperry Van Ness/Martin Commercial Group brokered the transaction.