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PHOENIX-The holder of a promissory note of nearly $4.9 million has asked a judge to place a medical plaza, once occupied by Phoenix Children’s Hospital, into receivership because its Los Angeles-based owners have defaulted on the loan and abandoned the property.

The Bank of Hawaii filed the receivership request in Maricopa Superior Court Sept. 19, stating in court papers that Brill Medical Plaza LP still owes about $3.9 million on its 1988 promissory note used to purchase the medical center at 909 E. Brill St.

Phoenix Children’s Hospital leased the site for monthly rents ranging from $40,450 to $42,877 from 1988 to 2000. The hospital has since vacated the building.

After that tenant moved out, the owners allegedly abandoned the property, turning off the electricity and water and allowing the interior and exterior to fall into disrepair, the court papers state.

Brill Medical Plaza LP is an Arizona limited partnership with the general partners listed as Richard DeStefano, Charles Kairys, Robert Kipper, Harry Lippman and Marc Weisel. GlobeSt.com was unable to locate the owners and the Bank of Hawaii’s attorney did not return telephone calls by press time.

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