Landlord sues investment firm, fitness club for breaking lease
Port Arthur CPDC, a Louisiana based company, claims a fitness club and investment firm have broken their lease and failed to pay rent.
Hoping to recover more than $100,000 in damages, CPDC filed suit against Practical Investments and JNelson Fitness on Dec. 16 in Jefferson County District Court.
Court papers show that on Sept. 28, 2006, CPDC and Practical Investments entered into and executed a shopping center lease for the Gulf Breeze Shopping Center in Port Arthur.
On Jan. 23, 2009, Practical Investments assigned the lease to JNelson fitness. Since July 2010, JNelson has allegedly failed to pay rent, court papers say.
The outstanding rent due through Oct. 31 ... is $19,767.35," the suit states. "According to the terms of the lease, the future accelerated rent is calculated at $104,947.27."
CPDC alleges the defendants breached their contract and is suing them for actual damages, plus all court costs.
The company is represented by Houston attorney Carl Dore Jr.
Judge Gary Sanderson, 60th District Court, is presiding over the case.
Case number B188-975