Missouri Court of Appeals, Eastern District / Aug 30, 2022
Green Street 2900 Investors, LLC, Respondent, vs. The St. Louis Woodworks, Inc., Appellant.
Green Street 2900 Investors, LLC, initiated an unlawful detainer action against The St. Louis Woodworks, Inc., after Woodworks remained on the leased property past the lease expiration date. The trial court granted summary judgment for Green Street, concluding that Woodworks' option to renew the lease was unenforceable due to an indefinite rental rate. The appellate court affirmed, holding that the fourth amendment to the lease, which required a "negotiated and agreed" market rate, superseded the original lease's market rent calculation and constituted an unenforceable "agreement to agree."