Twitter’s office problems roll into Boulder

Elon Musk’s company being evicted after missed rent payments

Elon Musk, 3401 Bluff Street (Google Maps, Getty)
Elon Musk, 3401 Bluff Street (Google Maps, Getty)

Add Boulder to the list of Twitter offices behind on rent.

Elon Musk’s social media giant was hit with an eviction order this week in Colorado, the Denver Business Journal reported. The “writ of restitution” filed by a judge gives the sheriff 49 days from May 31 to evict Twitter.

The company has occupied four office suites at 3401 Bluff Street since 2020, when it signed on for the 65,000-square-foot space. At one point, as many as 300 employees worked out of the location, which is owned by an affiliate of The John Buck Company.

A complaint from the landlord alleged Twitter set up a letter of credit for $968,000, which would need to be replenished in 10 days if the landlord needed to draw from it. The landlord did so in March, the complaint alleged, but it wasn’t restored per the deal, leading the landlord to demand it either be restored immediately or to give back possession of the office.

The John Buck Company did not respond to a request for comment from the publication. Twitter’s press inquiry drew the sophomoric and now-customary response of a poop emoji.

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Musk has shown little misgivings in making a mess of Twitter’s office portfolio since taking control of the company. Last month, the billionaire was noncommittal about whether or not Twitter would remain at its Market Street headquarters in San Francisco. Local officials are investigating the company after allegations that the office turned its headquarters into a hotel for late-night workers.

Shorenstein, the landlord of the headquarters, filed a lawsuit in January alleging nonpayment of rent. Landlords of an Oakland skyscraper have also sued the company over an alleged $1.3 million in unpaid rent. There have been further disputes about office space in Boston and London.

In March, Twitter listed 200,000 square feet for sublease at its office in Manhattan’s Chelsea neighborhood. The buildings involved are owned by Columbia Property Trust, a subsidiary of PIMCO; the property was tied up in a recent default by Columbia.

Holden Walter-Warner

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