Taylor’s acquisition of Standard Register properties suddenly appears in records

Taylor Corp. recently recorded its ownership deed of former Standard Register properties in Dayton -- resulting in the sudden appearance of nearly $4 million in real estate transactions in Montgomery County records.

Taylor acquired Standard Register out of bankruptcy in 2015.

The county this week recorded nearly $4 million in total real estate sales on and around former Standard Register properties in Dayton. Records showed that about 28 pieces of real estate in and around the former 600 Albany St. headquarters of Standard Register sold for a total of $3.87 million.

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The buyer is listed in each transaction as Standard Register Inc. The seller is listed as Standard Register Co.

The mainly industrial properties recorded as being sold include 626 Albany St., 249 Homestead Ave., 254 Pontiac Ave., 723 Morehouse Ave., 175 Campbell St. and others.

Larry D. Taylor, a Taylor Corp. vice president, said in an email that: “We realized the deed from when Taylor acquired the assets out of bankruptcy had never been recorded and, therefore, just took care of doing so now. “

Standard Register Co. was a business documents company that had operated in Dayton for more than 100 years. It had its headquarters at 600 Albany St., and owned several properties around the corporate campus buildings.

The company fell on hard times, and in 2015, Taylor Corp., a North Mankato, Minn. company, acquired the Dayton company’s assets for about $307 million.

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In March 2016 — some seven months after acquiring the assets of Standard Register — Taylor changed the Standard Register name to Taylor Communications.

That wasn’t the only change. Taylor, a business communications company, announced a move from the Albany campus in the spring of 2017 to a downtown Dayton location, 111 W. First St., where it operates now.

A little over a year ago, Taylor Communications placed its campus off Albany Street on the market.

Attorneys asked the Ohio secretary of state’s office to dissolve Standard Register Inc. in April 2018.

Asked if a new owner was ready to acquire the former Standard Register properties, Taylor said: “Nothing going on.”

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