May 9, 2008
Ellsworth firm sues Mass. developer
An Ellsworth real estate company is suing a Massachusetts-based developer who brought a Lowe's home improvement store to town for breach of contract.
Beechland Corp. recently filed the lawsuit in U.S. District Court in Bangor against Topsfield Real Estate Corp. of Topsfield, Mass., which in 2005 paid Beechland $1.6 million for land that now holds a Lowe's retail store, according to the Bangor Daily News. According to the lawsuit, the sales contract required Topsfield to pick up part of the tab associated with improvements to the site.
Beechland claims Topsfield Real Estate refused to pay $150,000 for costs associated with building a new pumping station at the site of the Lowe's store, the paper said.
Beechland Corp. recently filed the lawsuit in U.S. District Court in Bangor against Topsfield Real Estate Corp. of Topsfield, Mass., which in 2005 paid Beechland $1.6 million for land that now holds a Lowe's retail store, according to the Bangor Daily News. According to the lawsuit, the sales contract required Topsfield to pick up part of the tab associated with improvements to the site.
Beechland claims Topsfield Real Estate refused to pay $150,000 for costs associated with building a new pumping station at the site of the Lowe's store, the paper said.
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