The owner of The Promenade of Wayzata retracted an eviction lawsuit filed against Anthropologie earlier this year, alleging that months of rent had not been paid and that the retailer owed more than $100,000. The legal dispute between the landlord and retailer has not ended.
Wayzata Bay West Retail has filed a voluntary dismissal notice in Hennepin County Eviction Court on April 21. However, other litigation between the parties in Hennepin County District Court is still ongoing.
In the original lawsuit, the company claimed that Anthropologie (owned by Philadelphia's Urban Outfitters Inc., NASDAQ: URBN) failed to pay rent in September, October and November 2022 as well as for January 2023.
According to the lawsuit, as of February 1, Anthropologie owed Wayzata Bay West Retail $128.464 in unpaid rent. The rest was attorneys' fees.
Anthropologie filed a suit in early April, claiming that Wayzata Bay West Retail was not meeting the terms of the lease. According to the filing, the upscale store only has to pay a cheaper alternative rent of 5% on the gross sales generated by the tenant in the leased space.
Anthropologie's lawsuit claims that Wayzata Bay West Retail violates the co-tenancy provision of the lease because it does not surround Anthropologie's store with enough other "first-class" retailers such as Lulu Lemon or PaperSource.
Wayzata Bay West Retail has not yet responded to Anthropologie’s lawsuit as of Wednesday afternoon.