Assignment of Purchase and Sale Agreement between Inland Real Estate Acquisitions, Inc. and Inland Western Fullerton Metrocenter, L.L.C.
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Summary
Inland Real Estate Acquisitions, Inc. is transferring all its rights and obligations under a Purchase and Sale Agreement for the Fullerton Metrocenter property to Inland Western Fullerton Metrocenter, L.L.C. The Assignee accepts this assignment and agrees to take on all responsibilities of the original agreement. This transfer is effective as of June 24, 2004. The agreement ensures that the new party steps into the original purchaser's role for the property transaction with Anaton Associates.
EX-10.208 50 a2140704zex-10_208.txt EXHIBIT 10.208 Exhibit 10.208 ASSIGNMENT OF PURCHASE AND SALE AGREEMENT For good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, the undersigned, INLAND REAL ESTATE ACQUISITIONS, INC., an Illinois corporation, ("Assignor") hereby assigns to INLAND WESTERN FULLERTON METROCENTER, L.L.C., a Delaware limited liability company, ("Assignee") all of its right, title and interest in that certain Purchase and Sale Agreement and Joint Escrow Instructions by and between INLAND REAL ESTATE ACQUISITIONS, INC., as Purchaser, and ANATON ASSOCIATES, a California limited partnership, as Seller, executed by Purchaser on May 20, 2004 and executed by Seller on May 27, 2004, for purchase and sale of certain real property commonly known as Fullerton Metrocenter (the "Property"). By execution hereof by Assignee, Assignee hereby accepts the assignment and assumes all of the obligations of Assignor under the Purchase Agreement. This Assignment is effective as of the 24th day of June, 2004. ASSIGNOR: INLAND REAL ESTATE ACQUISITIONS, INC., an Illinois corporation By: /s/ G. Joseph Cosenza --------------------------------------------------- G. Joseph Cosenza Its: President ASSIGNEE: INLAND WESTERN FULLERTON METROCENTER, L.L.C., a Delaware limited liability company By: Inland Western Retail Real Estate Trust, Inc., a Maryland corporation, its sole member By: /s/ Valerie Medina --------------------------------------------------- Valerie Medina Assistant Secretary