Springdale Warehouse Owner Wins $14M Judgment Against Tenant Over Tornado Damage

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Springdale Warehouse Owner Wins $14M Judgment Against Tenant Over Tornado Damage

A federal judge recently awarded the owner of a 200,000-SF Springdale warehouse a $14.69 million judgment against a tenant that didn’t carry enough insurance on the building that was destroyed by a 2022 tornado. Fort Worth Partners LLC of Springdale sued Nilfisk Inc. of North Plymouth, Minnesota, and Nilfisk Holding A/S of Denmark in 2022 for breach of contract, seeking $30.4 million in replacement costs not covered by Nilfisk’s insurance and an…