First Amendment to the Purchase and Sale Agreement, dated April 20, 2021, among Alpine Income Property OP, LP, Bluebird Arrowhead Phoenix LLC, Golden Arrow Clermont FL LLC, Bluebird Germantown MD LLC, Golden Arrow Charlotte NC LLC, CTLC Golden Arrow Katy LLC, and Bluebird Renton WA LLC, filed as Exhibit 2.1a with this Quarterly Report on Form 10-Q for the quarter ended March 31, 2021
Exhibit 2.1a
FIRST AMENDMENT TO
PURCHASE AND SALE AGREEMENT
This FIRST AMENDMeNT TO purchase AND SALE AGREEMENT (this “Amendment”) is made and entered into as of April 20, 2021 (the “Amendment Date”), by and between ALPINE INCOME PROPERTY OP, LP, a Delaware limited partnership (the “Purchaser”) and BLUEBIRD ARROWHEAD PHOENIX LLC, a Delaware limited liability company, GOLDEN ARROW CLERMONT FL LLC, a Delaware limited liability company, BLUEBIRD GERMANTOWN MD LLC, a Delaware limited liability company, GOLDEN ARROW CHARLOTTE NC LLC, a Delaware limited liability company, CTLC GOLDEN ARROW KATY LLC, a Delaware limited liability company, and BLUEBIRD RENTON WA LLC, a Delaware limited liability company (collectively, the “Seller” or “Sellers”).
W i t n e s s e t h:
Whereas, Seller and Purchaser entered into that certain Purchase and Sale Agreement dated April 2, 2021 (collectively, the “Contract”), for those certain six (6) separate premises of property owned by Seller and located in the Cities and States more particularly described in the Contract; and
WHEREAS, Seller and Purchaser desire to amend and modify the Contract as more particularly set forth herein.
Now, therefore, in consideration of the foregoing, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties do hereby agree as follows:
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IN WITNESS WHEREOF, Seller and Purchaser have caused this Amendment to be executed effective as of the Amendment Date.
| PURCHASER: ALPINE INCOME PROPERTY OP, LP, a Delaware limited partnership By:Alpine Income Property GP, LLC, a Delaware limited liability company, its general partner By:Alpine Income Property Trust, Inc., a Maryland corporation, its sole member By: /s/ Steven R. Greathouse Steven R. Greathouse Chief Investment Officer |
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| SELLER: BLUEBIRD ARROWHEAD PHOENIX LLC, a Delaware limited liability company By:Golden Arrow 6 LLC, a Delaware limited liability company, its sole member By:CTO Realty Growth, Inc., a Maryland corporation, successor-by-merger with CTO Realty Growth, Inc., a Florida corporation, f/k/a Consolidated-Tomoka Land Co., its sole member By: /s/ Steven R. Greathouse Steven R. Greathouse Chief Investment Officer |
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| SELLER: GOLDEN ARROW CLERMONT FL LLC, a Delaware limited liability company By:Golden Arrow 6 LLC, a Delaware limited liability company, its sole member By:CTO Realty Growth, Inc., a Maryland corporation, successor-by-merger with CTO Realty Growth, Inc., a Florida corporation, f/k/a Consolidated-Tomoka Land Co., its sole member By: /s/ Steven R. Greathouse Steven R. Greathouse Chief Investment Officer |
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| SELLER: BLUEBIRD GERMANTOWN MD LLC, a Delaware limited liability company By:Golden Arrow 6 LLC, a Delaware limited liability company, its sole member By:CTO Realty Growth, Inc., a Maryland corporation, successor-by-merger with CTO Realty Growth, Inc., a Florida corporation, f/k/a Consolidated-Tomoka Land Co., its sole member By: /s/ Steven R. Greathouse Steven R. Greathouse Chief Investment Officer |
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| SELLER: GOLDEN ARROW CHARLOTTE NC LLC, a Delaware limited liability company By:Golden Arrow 6 LLC, a Delaware limited liability company, its sole member By:CTO Realty Growth, Inc., a Maryland corporation, successor-by-merger with CTO Realty Growth, Inc., a Florida corporation, f/k/a Consolidated-Tomoka Land Co., its sole member By: /s/ Steven R. Greathouse Steven R. Greathouse Chief Investment Officer |
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| SELLER: CTLC GOLDEN ARROW KATY LLC, a Delaware limited liability company By:Golden Arrow 6 LLC, a Delaware limited liability company, its sole member By:CTO Realty Growth, Inc., a Maryland corporation, successor-by-merger with CTO Realty Growth, Inc., a Florida corporation, f/k/a Consolidated-Tomoka Land Co., its sole member By: /s/ Steven R. Greathouse Steven R. Greathouse Chief Investment Officer |
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| SELLER: BLUEBIRD RENTON WA LLC, a Delaware limited liability company By:Golden Arrow 6 LLC, a Delaware limited liability company, its sole member By:CTO Realty Growth, Inc., a Maryland corporation, successor-by-merger with CTO Realty Growth, Inc., a Florida corporation, f/k/a Consolidated-Tomoka Land Co., its sole member By: /s/ Steven R. Greathouse Steven R. Greathouse Chief Investment Officer |
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