Twitter ordered to pay $8 million for breaking Boulder lease – The Denver Post

X Corp., the social media company formerly known as Twitter, has been ordered to pay more than $8 million to its former landlord in Boulder after a judge determined it broke its lease. “Twitter was not entitled to a credit for rent due on Dec. 1, 2022, and its nonpayment of rent for December and thereafter was a breach,” Judge Nancy Salomone wrote May 23. In 2020, Twitter agreed to lease 64,500 square feet of the 70,000-square-foot Railyards at S’PARK office building, which was then under construction at 3401 Bluff St. The lease called for the company to stay 10 years, until 2032. It lasted a little more than one year. Twitter stopped paying rent in late 2022, was evicted and sued its former landlord for wrongful eviction, and was sued for back rent. A five-day trial was held this past March. The triple-net lease between Twitter and S’PARK’s owners, The John Buck Co. in Chicago, provided Twitter with a tenant improvement allowance of $5.8 million. As Salomone noted in her verdict last week, “The central dispute in this litigation is whether Twitter satisfied the lease conditions precedent to accessing that tenant improvement allowance.” The 192-page lease for 3401 Bluff
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