EXHIBIT 10.3

ASSIGNMENT OF LEASES

For and in consideration of Ten Dollars ($10.00) in hand paid, and other good
and valuable considerations, the receipt and sufficiency of which are hereby
acknowledged, MOUNTAIN VENTURES VIRGINIA BEACH, LLC (“Assignor”), hereby assigns
to INLAND DIVERSIFIED VIRGINIA BEACH LANDSTOWN, L.L.C. (“Assignee”), and its
successors or assigns, all of Assignor’s right, title and interest in, to and
under those certain leases described on Exhibit B attached hereto and made a
part hereof, which lease relates to that certain real Property legally described
on Exhibit A attached hereto and made a part hereof.  Assignor shall remain
responsible and liable for all liabilities and expenses and landlord obligations
relating to the leases which occurred and accrued prior to the date of this
Assignment.

IN WITNESS WHEREOF, Assignor has executed and delivered this Assignment of
Leases as of the 25th day of March, 2011.

ASSIGNOR:

MOUNTAIN VENTURES VIRGINIA BEACH, LLC,

a Delaware limited liability company

By:

TGC Virginia Beach Associates L.P., sole member

By: VBeach GP LLC, sole general partner

By:

Goodman Properties, Inc., a Delaware corporation, its Manager

By: /s/ Lawrence A. Silvestri

Lawrence A. Silvestri

Vice President

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ACCEPTANCE AND ASSUMPTION

The undersigned, INLAND DIVERSIFIED VIRGINIA BEACH LANDSTOWN, L.L.C., and its
successors or assigns, and the Assignee under the foregoing Assignment of
Leases, hereby accepts such assignment and assumes all obligations of the
landlord under the leases referenced therein arising on or after the date of
this Acceptance and Assumption.

The undersigned represents and warrants to the Assignor under the foregoing
Assignment of Leases that it is authorized to execute this Acceptance and
Assumption for Inland Diversified Virginia Beach Landstown, L.L.C., and its
successors or assigns, and that this Acceptance and Assumption shall be binding
upon, and shall constitute the enforceable obligation of Inland Diversified
Virginia Beach Landstown, L.L.C., and its successors or assigns.

IN WITNESS WHEREOF, the undersigned Assignee has executed and delivered this
Acceptance and Assumption as of the 25th day of March, 2011.

INLAND DIVERSIFIED VIRGINIA BEACH LANDSTOWN, L.L.C., a Delaware limited
liability company

By: Inland Diversified Real Estate Trust, Inc., a       Maryland corporation,
its sole member

By: /s/ Mary J. Pechous

Name: Mary J. Pechous

Its: Assistant Secretary

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EXHIBIT A

LEGAL DESCRIPTION

Parcel One: Intentionally deleted.

Parcel Two:

All of those certain lots, pieces or parcels of land, situate, lying and being
in the City of Virginia Beach, Virginia and being known, numbered and designated
as Parcel C-l, as shown on that certain Plat entitled "Resubdivision of Lot 1
(Deed Book 2396 at page 185) and Parcel C (Instrument No. 20070123000101690),
Landstown Commons Retail Center, Virginia Beach, Virginia", which plat is duly
recorded as Instrument No. 20091204001387250, among the Land Records of Virginia
Beach, Virginia.

Parcel Three:

All those certain lots, pieces or parcels of land, situate, lying and being in
the City of Virginia Beach, Virginia, and being known, numbered and designated
as PARCEL A-l AND PARCEL D-l, as shown on that certain plat entitled "PLAT
SHOWING RESUBDIVISION OF PARCEL A AND PARCEL D, LANDSTOWN COMMONS RETAIL CENTER,
VIRGINIA BEACH, VIRGINIA", which said plat is duly recorded in the Clerk's
Office of the Circuit Court of the City of Virginia Beach, Virginia as
Instrument No. 20090721000845810.

TOGETHER WITH those non-exclusive easements as contained in the Reciprocal
Easement Agreement between Kohl's Department Stores, Inc. and Mountain Ventures
Virginia Beach, LLC recorded in the Clerk's Office of the Circuit Court of City
of Virginia Beach, Virginia, as Instrument No. 20070123000104900.

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