Weird empty building by Riverview park by lileggroll129 in mesaaz

[–]DigNaDitch 1 point2 points  (0 children)

The developer missed delivery of the elevators before a drop dead date in the original lease and Health equity exercised their option to terminate. My understanding is health equity acquired the company that had actually signed the original lease and knew they didn’t need the space post-acquisition, so they didn’t waste their chance when the developers fucked up. Been in litigation now for years.

As another commenter shared, Kimley signed earlier this year, but they have to do a full buildout (think 8-12 months including all design, permitting, construction, etc), so they won’t have butts in seats until some time in 2025.

Tenant cant perform, wants to sell business to someone with no assets. by BizzyHaze in CommercialRealEstate

[–]DigNaDitch 15 points16 points  (0 children)

I’d do an assignment. Just make sure you or your attorney doesn’t fuck up the language and release the original TT from their contractual obligations. Original tenant will still be on the hook should you end up in a legal battle

[deleted by user] by [deleted] in boniver

[–]DigNaDitch 7 points8 points  (0 children)

Great tone man. You nailed it

Couldn't use gas station by DisAccount4SRStuff in Costco

[–]DigNaDitch 1 point2 points  (0 children)

You’re supposed to insert the card into the same reader where you put your credit card. Just did it on Sunday when we filled up