WICHITA — BRIC Development, the group that owned the former Feist Publications building near K-96 and Webb until December, is suing former tenant Yellowbook.
“It’s just a failure to pay rent,” says Eric Metz, BRIC’s attorney.
Metz says in 2001, Feist signed a lease with BRIC, which built the building for the company. In 2004, Yellowbook acquired Feist and eventually took over the lease.
“Basically, there’s unpaid rent for approximately 16 months,” Metz says.
No one with Yellowbook could immediately be reached for comment.
This isn’t the first time BRIC sued Yellowbook. In 2007, BRIC filed a lawsuit over what it claimed was Yellowbook’s failure to pay almost $200,000 in property taxes, which the group said was holding up refinancing of its loan on the property.
Yellowbook also faced a lawsuit from Feist in 2009 for what Feist claimed was a violation of the purchase agreement that set a five-year period allowing Yellowbook to use the Feist name.