Fort Worth Partners, LLC leased a 200,000-square-foot warehouse in Springdale, Ark., to Nilfisk, Inc., a subsidiary of Nilfisk Holding A/S. The lease required Nilfisk to maintain “all-risk” commercial property insurance covering the full replacement cost of the building, excluding the cost of footings, foundations, and other structures below grade. Nilfisk was also responsible for property-related expenses, including taxes, insurance, maintenance, and repairs.
Leave a Reply