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Leona Group has decided not to purchase the Taylor University Fort Wayne campus

September 29, 2010
The Leona Group has decided not to purchase the Taylor University Fort Wayne campus. Here is the press release as it was provided to us by a good friend of the neighborhood, Michael Mortensen at the TUFW Alumni and Friends Resource Center:

“Leona Group, LLC, officials have advised Taylor University that they are not going to be pursuing purchase of property that was part of the former Taylor University Fort Wayne (TUFW) campus.

In April, Leona and Taylor began exploring the possibility of a purchase agreement of the campus buildings and grounds located on the south side of Rudisill Ave.

Taylor President, Dr. Eugene B. Habecker, said Taylor will continue to maintain the campus and is actively seeking interested parties who can purchase the property.

“We recognize that a college campus is a unique asset, the sale of which is not like selling a home or individual building,” he said. “We are confident that we will be able to locate a buyer or buyers who will put this historic campus to its highest and best use.”

Jim Garringer
Director of Media Relations
Taylor University

See also:

Taylor U. Loses Its Buyer for Local Site, Journal Gazette, by Holly Abrams – http://www.journalgazette.net/apps/pbcs.dll/article?AID=/20100930/LOCAL04/309309976

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