Business & Tech
Zere Real Estate Wins Settlement in Planet Fitness Lease Deal Dispute
After five-year dispute, Zere wins settlement over lease deal.
Zere Real Estate has won a settlement with AVR Realty over commission for the lease deal after a five-year dispute, according to a report on LIBN.com.
Zere’s senior managing director Paul Caiola said he introduced Planet Fitness to the 11,000-square-foot space ithat AVR Realty was representing. According to a Zere statement, Caiola was cut out of the negotiations. The amount of the settlement was no disclosed.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
“It is outrageous that landlords, developers and their attorneys treat commercial real estate brokers like they do not matter,” Zere President and CEO Marie Zere said in the statement.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
We’ve removed the ability to reply as we work to make improvements. Learn more here
