Inside the Collapse of Artesian Builds: From $20,000,000 to Bankrupt
Posted: Wed Jul 13, 2022 9:58 am
A little FYI: That warehouse they moved into is huge (3 full height loading docks!), and the rent could easily have been nearly 5 figures a month. I have some experience as my wife used to own a 10 dock 100,000 sq ft warehouse in Miami (about the size of the whole building they were in although ours was one tenant and this one is subdivided), and I know what our tenant was paying us. It's insane that they filed for bankruptcy just days after moving in.