Wednesday, August 27, 2014

Wallace-Bajjali closes on Coca-Coca building

After three delays, Wallace-Bajjali has finally closed on the Coca-Coca building.

Joplin Redevelopment Corporation Chairman Gary Duncan told KZRG that Wallace-Bajjali paid $550,000 for the building.

At one point, Wallace-Bajjali had pushed using the building as a post office, but the U. S. Postal Service was not interested. It appears at this point the firm has no concrete idea on how or if the building will be used.

This is the first property Wallace-Bajjali has bought back from the JRC.


5 comments:

Anonymous said...

It actually was only two delays kind sir...

Anonymous said...

Mission Accomplished!!!

Anonymous said...

What was the real estimated value of the property ? I heard less than 200K?

Anonymous said...

So Wallace-Bajjali couldn't pay their SEC fines until they got Joplin's money, and now they couldn't pay for Joplin's building until...they got Amarillo's money?!?! Hmmmm...Ponzi scheme, anyone?

Anonymous said...

No thank you