Brick & Fire Pizza and Wine Co. considers move from Church Street
At least one Church Street Station tenant says his business is hurting because of the entertainment complex’s financial troubles and legal woes.
John Dobson, CEO of Brick & Fire Pizza and Wine Co., said he already lost thousands of dollars when the bankruptcy hearings of previous owner F.F. Station LLC — Lou Pearlman’s former company — seized his security deposit and first and last months’ rent.
Orlando developer Cameron Kuhn bought the property in 2007, but now faces a possible foreclosure on it by mortgage holder Tremont Net Funding of Boston.
As a result, Dobson’s restaurant may leave Church Street Station freecreditreport.com. “I’m trying to make a plan with Tremont or Kuhn, to give them a percentage of our revenue or let us pay a lower base rent,” Dobson said. “There’s no way anyone can afford $30 per square foot here with the economy and the circumstances surrounding Church Street Station.”
If he is can’t reach an agreement, he says he’ll cut his losses and move.
Related story: Kuhn, lender fight over naming receiver for Church St. Station
Filed under: marketing by Finance Boss