YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

The property housing The Complex Springfield is scheduled for a May 7 trustee’s sale.
SBJ file photo
The property housing The Complex Springfield is scheduled for a May 7 trustee’s sale.

Downtown building slated for foreclosure sale

Posted online

A building off of the square downtown is scheduled for a foreclosure sale next month.

The 307 Park Central East home of music venue The Complex Springfield is slated to be sold to the highest cash bidder on May 7 at the south front door of the historic Greene County Courthouse, 940 Boonville Ave., according to a notice in the April 19 edition of legal-notices publication The Daily Events. The Daily Events publishes trustee’s sales notices after receiving information from the successor trustee attorneys in the cases.

Great Southern Bank is calling due a $500,000 note held by building owner Thomas LLC, according to The Daily Events and a Greene County recorder filing. Gary Thomas, the owner, previously operated Regency Live out of the downtown building. The venue was rebranded in February 2018 as The Complex operated by Utah couple Gabe and Angela Elstein, and the building remained under Thomas’ ownership, according to past Springfield Business Journal reporting.

The 19,000-square-foot building has an appraised value of $500,800, according to Greene County assessor records. It’s located east of Park Central Square, next door to Big Whiskey’s.

Thomas and officials with The Complex could not be reached for comment by deadline.

Separately, in October 2018, the Elsteins were charged in a federal indictment on alleged marijuana trafficking and money laundering in Utah. They allegedly used marijuana proceeds to build The Complex in Salt Lake City, prior to launching in Springfield. The case is ongoing, with a substitution of counsel being the latest action on March 14, according to court records with the U.S. District of Utah.

The Complex Springfield’s website lists many upcoming concerts, including Buckcherry on April 23 and Uncle Kracker on June 20.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: CrossFit Republic

CrossFit Republic LLC changed ownership; Springfield nonprofit Care to Learn relocated; and the Fresh Gallery in downtown Springfield transitioned into a commercial venture.

Most Read
Update cookies preferences