Sisters of St. Francis Health Services, Inc. v. EON Properties, LLC

OPINION

BAKER, Judge.

Here, a company that owns commercial property entered into a lease agreement and a series of amendments with a hospital. The amendments reduced the hospital’s space, thereby allowing a new tenant to lease that space under a separate lease and reducing the hospital’s rent obligation. However, one amendment provided that if the new tenant exercised its option to vacate after thirty-six months, then the hospital would be responsible for the new tenant’s rent for the last two years of the new tenant’s five-year lease. The new tenant exercised its option to vacate, thus…