FirstCal Industrial 2 Acquisitions, L.L.C. v. Franklin County Board of Revision

{¶ 1} This is an appeal from a decision of the Board of Tax Appeals (“BTA”) that found the value of four parcels of real property. 1 Appellant, FirstCal Industrial 2 Acquisitions, L.L.C., part of a real estate investment trust, challenges the BTA’s determination, which adopted the Franklin County Board of Revision’s (“BOR”) allocation of the bulk-sale price that FirstCal reported on its conveyance-fee statement. FirstCal contends that the BTA’s decision is unreasonable and unlawful because the allocation performed by the BOR lacks a reasonable factual basis and because the BOR and the BTA…