Exhibit 10.427

 

ASSIGNMENT OF PURCHASE 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 BAKERSFIELD
CALLOWAY, L.L.C., a Delaware limited liability company, (“Assignee”) all of its
right, title and interest in that certain Purchase Agreement (the “Purchase
Agreement”) dated September 2, 2004 by and between Assignor, as Buyer, and
Donahue Shriber Realty Group, L.P., a Delaware limited partnership, as Seller,
for purchase and sale of certain real property commonly known as Plaza at
Riverlakes, Bakersfield, California (the “Property”).

 

By execution hereof by Assignee, Assignee hereby accept the assignment and
assumes all of the obligations of Assignor under the Purchase Agreement.

 

This Assignment is effective as of October 21, 2004.

 

ASSIGNOR:

 

INLAND REAL ESTATE ACQUISITIONS, INC.

 

 

 

 

 

By:

/s/ [ILLEGIBLE]

 

 

 

SR VP

 

 

 

 

ASSIGNEE:

 

INLAND WESTERN BAKERSFIELD
CALLOWAY, L.L.C.

 

 

 

 

 

 

By:

Inland Western Retail Real Estate Trust, Inc.

 

 

 

 

 

 

By:

/s/ Valerie Medina

 

 

Its:

Asst. Secretary

 

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