A retired Procter & Gamble executive who is one of the largest investors in Fayetteville developer Ben Israel's real estate projects filed three lawsuits against Israel and his companies Monday.
Tom Muccio of Springdale filed a lawsuit against Commerce Park II LLC seeking to recover $ 1. 03 million that he loaned the limited liability company Dec. 21, 2006. The 60, 000-square-foot office building developed by Israel at 2049 Joyce Blvd. in Fayetteville has been foreclosed but has not yet been sold in a foreclosure sale.
Muccio's Next Chapter Resources LLC filed a lawsuit against Dixie Development, Dixie Construction and Armac Consulting Engineers for breech of contract on lease agreements for the top two floors of the Commerce Park building.
