Scott-Reitz Ltd. v. Rein Warsaw Associates
Indiana Court of Appeals
1Opinion of the Court
OPINION
HOFFMAN, Judge.
Appellant-defendant Scott-Reitz Ltd. (Scott) appeals from a judgment in favor of appellee-plaintiff Rein Warsaw Associates (Rein) 1 in a breach of lease action.
In May of 1988, Rein purchased a shopping center in Warsaw, Indiana, known as Marketplace of Warsaw (Marketplace), along with an adjoining parcel of vacant land, and began negotiations with Scott for the lease of a retail grocery store which was to be built as part of an addition to the Marketplace.
On July 26, 1988, a letter of intent was executed by William G. Reitz, Scott's president. According to the letter,…
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