Assignment of Purchase and Sale Agreement for Huebner Oaks Shopping Center between Inland Real Estate Acquisitions, Inc. and Inland Western San Antonio Huebner Oaks Limited Partnership

Summary

Inland Real Estate Acquisitions, Inc. is transferring all of its rights and obligations as the buyer under a Purchase and Sale Agreement for the Huebner Oaks Shopping Center to Inland Western San Antonio Huebner Oaks Limited Partnership. The assignee agrees to take over all buyer responsibilities and to protect the assignor from any claims related to the agreement after the assignment date. This assignment is effective as of June 8, 2004.

EX-10.182 25 a2140704zex-10_182.txt EXHIBIT 10.182 Exhibit 10.182 Huebner Oaks Shopping Center ASSIGNMENT This Assignment is made as of the 8th day of June, 2004 by INLAND REAL ESTATE ACQUISITIONS, INC., an Illinois corporation ("Assignor") to and for the benefit of INLAND WESTERN SAN ANTONIO HUEBNER OAKS LIMITED PARTNERSHIP an Illinois limited partnership ("Assignee"). Assignor does hereby sell, assign, transfer, set over and convey unto Assignee all of its right, title and interest as Buyer under the terms of an Agreement of Purchase and Sale, as amended and entered into by Gateway Huebner Oaks, Inc., and Gateway Hillside, Inc., as Seller, and Assignor, as Buyer (collectively, the "Agreement"). Assignor represents and warrants that it is the Buyer under the Agreement, and that it has not sold, assigned, transferred, or encumbered such interest in any way to any other person or entity. By acceptance hereof, Assignee accepts the foregoing assignment and agrees, from and after the date hereof, to (i) perform all of the obligations of Buyer under the Agreement, and (ii) indemnify, defend, protect and hold Assignor harmless from and against all claims and liabilities arising under the Agreement. IN WITNESS WHEREOF, Assignor and Assignee have executed this instrument as of the date first written above. ASSIGNOR: INLAND REAL ESTATE ACQUISITIONS, INC. an Illinois corporation By: /s/ Mark Youngman ----------------------- Name: Mark Youngman --------------------- As Its: Vice President ------------------- ASSIGNEE: INLAND WESTERN SAN ANTONIO HUEBNER OAKS LIMITED PARTNERSHIP, an Illinois limited partnership By: INLAND WESTERN SAN ANTONIO HUEBNER OAKS GP, L.L.C., a Delaware limited liability company, its General Partner By: INLAND WESTERN RETAIL REAL ESTATE TRUST, INC., a Maryland corporation, its Sole Member By: /s/ Mark Youngman ----------------------- Name: Mark Youngman --------------------- As Its: Authorized Agent -------------------