Need help editing articles? Start out with the new Introduction to Editing Articles Video.

Furr Building

From Bloomingpedia

The Furr Building at 1600 W. Bloomfield Road is the home of BKD, Avenues Realty Group, Prologic Redemption Solutions, a dental office, an accountant, and formerly Indiana Data Processing. Situated on a two-acre lot, the building is made of limestone and glass and has over 28000 square feet of office space.

The building became part of a controversy during the federal trial of the owners of Indiana Data Processing, after ostensibly changing hands twice in 2008: "IOS Building LLC" sold the building in April to "1600 W. Bloomfield Road LLC"; that company then sold to MRHC Real Estate Holdings of El Segundo, California. Both prices were over $4 million, but the property almost immediately went back on the market.

Former IDP employee Kari Costello, who was owed money by the company, contended that a large share of the sale proceeds went to Bruce Furr and his family via fraudulent transfers.<ref>Leonard, Mike (March 25, 2009). "Bankruptcies, battles in Furr, IOS case". Bloomington Herald Times. Retrieved on March 26, 2009.</ref> According to the Costello legal team, "1600 West Bloomfield Road LLC" was principally owned by Furr's daughter, Carol Gillard. "IOS Building LLC", presumably a Furr-controlled company, was also a principal owner of Avenues Realty along with realtor Tracee Lutes.

References

<References />