Las Vegas Furniture Mart Tenant Can't Break Lease

June 8, 2012  by in UnCategorized   

By Aggregated Content in Lighting on June 9, 2012 from http://www.lvrj.com/business/furniture-mart-tenant-can-t-break-free-of-lease-158290675.html

A World Market Center tenant lost an unusual attempt to break its lease early after the business it generated at the semiannual shows fell short of expectations.

Bel Air Lighting Inc., a wholesaler based in Valencia, Calif., contended during a five-day trial that it had agreed to take a World Market Center showroom based on promises that it could be on a floor with other lighting companies in Building C's 10th floor.

However, Building C opened in mid-2008, as the economy was in a downward spiral, and the lighting destination floor was dotted with vacancies.

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