Calhoun Square sues Primebar for unpaid rent, $1M in damages - KMSP-TV

Calhoun Square sues Primebar for unpaid rent, $1M in damages

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MINNEAPOLIS (KMSP) -

Answers are surfacing following the abrupt closure of Uptown's Primebar in late March.

Many patrons questioned the quick Calhoun Square vacancy, and now, Finance & Commerce reports the owner of Calhoun Square retail center has sued the former tenant for nearly $127,000 in unpaid rent and over $1 million in damages.

Primebar formerly sat at the corner of Hennepin Avenue and Lake Street and operated for about eight months under owner Restaurants America, which operates 16 restaurants carrying various brands. It owns other Primebar locations in Chicago, Dallas and Wesley Chapel, Fla.

The lawsuit contends that Primebar often failed to stay current on rent -- four checks were "returned for insufficient funds," Finance & Commerce reported.

Standing water in the dining room from a flooded restroom sink led to damages a week after Primebar closed its doors on March 24. The lawsuit said the sink was clogged with paper towels and faucet was left on.

The terms of Primebar's lease entitle Calhoun Square to "1½ times the value of the rent it would have received during the balance of the term less any amounts that could be reasonably avoided" due to Primebar's refusal to pay rent.

Read more:

Uptown's Primebar closes, Calhoun Square corner vacant again
http://www.myfoxtwincities.com/story/21786866/uptowns-primebar-closes-calhoun-square-corner-vacant-again

Information from Finance & Commerce:
http://finance-commerce.com/2013/04/calhoun-square-says-primebar-left-mess-on-way-out/

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