Twitter to be evicted from Colorado office over unpaid rent of 3 months
Twitter may be evicted from its Colorado offices soon after it failed to pay rent and a judge approved the company’s removal from the premises.
The Elon Musk company has been given until the end of July to vacate.
The tech behemoth faced eviction from its S’Park office on Bluff Street in Boulder after its landlord, The John Buck Co, filed a lawsuit against Twitter for failing to replenish its credit line.
When Twitter moved into the space in 2020, it was required to maintain a $968,000 line of credit, which John Buck Co could access if the company fell behind on rent. However, when that credit line was used, the company had 10 days to replace the funds.