A California developer known for his legal dispute with Facebook co-founder Mark Zuckerberg has bought a Wauwatosa development site

Tom Daykin, Milwaukee Journal Sentinel
·2 min read
4
A 2-acre Wauwatosa site that now has a Red Lobster restaurant will apparently be redeveloped into a new use.
A 2-acre Wauwatosa site that now has a Red Lobster restaurant will apparently be redeveloped into a new use.
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A California developer known for his legal dispute with Facebook co-founder Mark Zuckerberg has bought a Wauwatosa development site.

The 2-acre site, which now houses a Red Lobster restaurant at 2801 N. Mayfair Road, was sold for $6.1 million to Luxone LLC.

That's according to state real estate records posted online Thursday.

Palo Alto, California-based Luxone's registered agent is Mircea Voskerician.

He declined to provide information about his plans for the property.

"I can't comment on anything," Voskerician told the Journal Sentinel.

The Red Lobster site is on a stretch of Mayfair Road between the Mayfair mall complex, which includes the Renaissance Milwaukee West Hotel that opened in 2020, and the Mayfair Collection mixed-use development.

Also, Campbell Capital Group LLC plans to develop a five-story, 244-unit building nearby at 2911 and 2929-2949 N. Mayfair Road.

Related: Possible development at American Family Field could help finance stadium renovations, Brewers exec says. But it's a long way from reality.

Related: A beverage company is moving its operations to Milwaukee's Menomonee Valley under a proposal that's received a Plan Commission endorsement.

Voskerician's San Francisco Bay area developments include condominiums and a hotel, according to local news reports.

But Voskerician might be better known for a legal dispute with Zuckerberg.

Voskerician sued Zuckerberg in 2014.

Voskerician claimed Zuckerberg committed fraud when he bought out Voskerician's contract to purchase a property adjacent to Zuckerberg's home at a discount in exchange for promised business introductions — which didn't materialize.

Zuckerberg denied any such agreement, saying Voskerician was looking to extract more money and embarrass him.

The suit was settled in 2016, according to the Palo Alto Weekly.

Tom Daykin can be emailed at tdaykin@jrn.com and followed on Instagram, Twitter and Facebook.

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This article originally appeared on Milwaukee Journal Sentinel: California developer who sued Mark Zuckerberg buys Wauwatosa site