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Analytics software provider alleges real estate investment trust breached lease agreement

FLORIDA RECORD

Sunday, December 22, 2024

Analytics software provider alleges real estate investment trust breached lease agreement

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CLEARWATER — An analytics software provider is suing a Maryland real estate investment trust, alleging breach of a lease agreement for property in St. Petersburg.

Omnicell Inc. filed a complaint Dec. 19 in Pinellas County Circuit Court against IC Industrial Reit, alleging failure to maintain a building’s roof, the structural load-bearing walls and a slab in a safe, orderly and good operating condition.

According to the complaint, in June 2017, Omnicell discovered water was coming through the foundation seal and into the interior office spaces at 2003 Gandy Blvd. N., St. Petersburg, that the plaintiff had leased from the defendant. Due to the presence of toxic mold, the suit says, Omnicell was unable to use the leased premises for its intended purpose. 

Omnicell says it was caused to suffer damages expected to exceed $2.6 million. The plaintiff alleges IC Industrial Reit has refused to repair the numerous deficiencies in the leased premises and failed to meet its obligations to bear the cost of toxic mold remediation.

Omnicell seeks trial by jury, judgment declaring the defendant is responsible for costs of repair, remediation, damages of more than $15,000, interest, court costs and attorney fees. It is represented by attorney Timothy A. Andreu of Bradley Arant Boult Cummings LLP in Tampa.

Pinellas County Circuit Court case number 18-8317-CI

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