Boston Market ordered to pay $590K to Golden HQ landlord

  • 📰 denverpost
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

A judge in Golden ordered the fast-casual restaurant chain to pay $589,538 in back rent and fees to Tebo Properties in Boulder, which owns the building at 14103 Denver West Parkway that Boston Market has made its headquarters since 1996.

On Thursday, Judge Meegan Miloud in Golden ordered the fast-casual restaurant chain to pay $589,538 in back rent and fees to Tebo Properties in Boulder, which owns the building at 14103 Denver West Parkway that Boston Market has made its headquarters since 1996.

Court documents that BusinessDen obtained in January show Boston Market shrank its footprint there from 63,000 to 27,655 square feet in 2019 but still struggled to pay its monthly rent of $58,000 during the pandemic. Tebo allowed it to defer payments until 2021 but the debt only piled higher and Tebo sued Boston Market at the start of 2023 to collect.

Boston Market was served the lawsuit Jan. 18 but never responded in court, so Tebo asked Miloud to issue a default judgment against the company. She did so Thursday. In February, Tebo sued Boston Market for a second time, accusing it of unlawfully occupying 14103 Denver West Parkway. Boston Market ignored that lawsuit as well, so a judge ordered the Jefferson County Sheriff’s Office to remove Boston Market from the property.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BTC Dips Below $28K, While LDO, BCH Defy Market Sentiment With 7% Jumps (Market Watch)Lido DAO (LDO) and Bitcoin Cash (BCH) are the two exceptions from the top 50 altcoins with notable gains.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline – Market Updates Bitcoin NewsThe meme coin PEPE reached an all-time price high on May 5, 2023, but it has since plunged over 50% from that position.
Source: BTCTN - 🏆 531. / 51 Read more »