Stay updated with breaking news from Bradleyj obrien. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Docket: Real estate lawsuit roundup for 4.22.21 DIA Land Co., LLC v. Sixt Rent a Car, LLC Plaintiff says defendant holds a commercial lease, dated on/about April 8, 2018, and assigned to plaintiff Aug. 28, 2019, for real property and improvements at 25200 E. 68 th Ave., an airport parking facility near Denver International. The term is through Dec. 21, 2023, plaintiff says, and when the premises were expanded, beginning Jan. 1, 2019, the annual base rent was set at $720,000, to be paid monthly, and rising to $810,366.36 for the final year of the contract. Plaintiff says it provided significant assistance during the pandemic and that defendant reaffirmed its commitment to the premises and said it had plans for expansion, but in/around the week of Aug. 17, 2020, defendant abandoned the premises, removing property, and has caused damages. Plaintiff says the rent obligation due and owing is in excess of $2,372,381.55. ....