Realty sues city over leases

The exterior of 5100 Springfield St., one of the Wright Point office buildings in Riverside. Located at 5100 and 5200 Springfield, the city of Riverside in 2014 approved a leasing contract with Colliers International to market the buildings. JIM WITMER / STAFF

The exterior of 5100 Springfield St., one of the Wright Point office buildings in Riverside. Located at 5100 and 5200 Springfield, the city of Riverside in 2014 approved a leasing contract with Colliers International to market the buildings. JIM WITMER / STAFF

A commercial realty is suing the city of Riverside in a lawsuit that’s approaching a scheduled jury trial date next month.

Colliers International is suing for nearly $105,000 plus attorneys’ fees and court costs, claiming that Riverside failed to honor a contract with the agency over the leasing of office buildings near Wright-Patterson Air Force Base.

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In its complaint, first filed last September, Colliers said it had a listing agreement with the city to negotiate leases for office park properties at 5100 and 5200 Springfield St. The agreement extended from October 2014 to October 2015, the suit says.

In that time, Colliers said it entered into leases with Radiance Technologies, CDO Technologies and Dynetics Inc.

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In early 2015, Colliers said the city instructed it to leave a first floor of one of the properties off the market, with city of Riverside staff thereafter moving into that space.

“Because the city removed part of the property from the market, the city is obligated to pay Colliers at $17.50 per square foot full service gross,” the realty said in its suit.

Colliers said it has “repeatedly demanded” that Riverside pay it for the leases and for withdrawing the property from the market, to no avail.

In a response filed with the court, the city offered 19 defenses, denying the allegations and saying that any damages Colliers allegedly sustained were due to “the actions of third parties or circumstances over whom this answering defendant had no control.”

A jury trial is tentatively set for Nov. 13 in Montgomery County Common Pleas Court. Dalma Grandjean, an attorney for the city of Riverside, said in a phone message that the case may go to mediation first before a trial.

A message seeking comment was left for an attorney for Colliers.

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