Twitter is being sued again by a landlord for allegedly failing to make rent payments for one of its leased US offices—this time for office space in the Bay Area the social media platform never actually occupied.
KKR said in a lawsuit the Twitter owes it $1.3M in back rent for a 66K SF lease at its office building at 1330 Broadway in downtown Oakland.
The global investment giant, which owns the building in partnership with San Francisco developer TMG Partners, filed the complaint in Alameda Superior Court earlier this month, according to a CoStar report.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
