Exhibit 10.2





Exhibit 10.2




GENERAL WARRANTY DEED




Excise Stamps $                    




Tax Lot No. 047-168-27                      Parcel Identifier No.

Verified by Mecklenburg County on the 20th day of January, 2011

by                                                                                 




Mail after recording to NEXSEN PRUET, PLLC (R/D B0X 165) (JDM)




This instrument was prepared by NEXSEN PRUET, PLLC (JDMc)




	 
	Brief Description for the index           Lot 4, Plat 33/541







NORTH CAROLINA GENERAL WARRANTY DEED




THIS DEED made this 20th day of January, 2011, by and between




	 	 	 
	GRANTOR	 	GRANTEE
	 
	 	 
	NNN VF FOUR RESOURCE SQUARE, LLC, a 

Delaware limited liability company

	 	FOUR RESOURCE SQUARE, LLC, a

Delaware limited liability company
	 
	 	 
	c/o Triple Net Properties, LLC

1551 N. Tustin Avenue, Ste. 300 

Santa Ana, CA 92705

	 	Property Address:

10735 David Taylor Drive

Charlotte, NC 28262
	 
	 	 
	 

	 	Mailing Address:

c/o RAIT Financial Trust

Cira Centre

2929 Arch Street, 17th Floor

Philadelphia, PA 19104






The designation Grantor and Grantee as used herein shall include said parties, their heirs,
successors, and assigns, and shall include singular, plural, masculine, feminine or neuter as
required by context.



WITNESSETH, that the Grantor, for a valuable consideration paid by the Grantee, the receipt of
which is hereby acknowledged, has and by these presents does grant, bargain, sell and convey unto
the Grantee in fee simple, all that certain lot or parcel of land situated in City of Charlotte,
Mecklenburg County, North Carolina and more particularly described as follows:



SEE EXHIBIT “A” ATTACHED HERETO



 


 









 







The property hereinabove described was acquired by Grantor by North Carolina General Warranty Deed
recorded in Book 21912 at Page 818 in the Mecklenburg County Public Registry.



A map showing the above described property is recorded in Map Book 33 Page 541




TO HAVE AND TO HOLD the aforesaid lot or parcel of land and all privileges and appurtenances
thereto belonging to the Grantee in fee simple.



And the Grantor covenants with the Grantee, that Grantor is seized of the premises in fee simple,
has the right to convey the same in fee simple, that title is marketable and free and clear of all
encumbrances, and that Grantor will warrant and defend the title against the lawful claims of all
persons whomsoever except for the exceptions hereinafter stated.



Title to the property hereinabove described is subject to the following exceptions:



All valid and enforceable easements, restrictions and covenants of record.




IN WITNESS WHEREOF, the Grantor has hereunto placed its hand and seal, and has caused this
instrument to be signed, the day and year first above written.



	 	 	 	 	 	 	 	 	 
	NNN VF FOUR RESOURCE SQUARE, LLC, a

Delaware limited liability company	 	 
	 
	 	 	 	 	 	 	 	 
	By:	 	NNN 2003 Value Fund, LLC, a

Delaware limited liability company,

its Sole Member	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	By:	 	Grubb & Ellis Realty Investors, LLC,
a Virginia limited liability company, its Manager	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Steven Shipp
 

Name: Steven Shipp
	 	 
	 

	 	 	 	 	 	Title: Executive Vice President	 	 






ACKNOWLEDGEMENT




	 	 	 	 	 	 	 
	STATE OF CALIFORNIA

	 	 	)	 	 	 
	 

	 	 	)	 	 	SS.
	COUNTY OF ORANGE

	 	 	)	 	 	 






On January 18, 2011, before me, P.C. Han, Notary Public, personally appeared Steven Shipp, who
proved to me on the basis of satisfactory evidence to be the person(s) whose name is subscribed to
the within instrument and acknowledged to me that he/she/they executed the same in his/her/their
authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s),
or the entity upon which the person(s) acted, executed the instrument.



I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing
paragraph is true and correct.



WITNESS my hand and official seal.



Signature: /s/ P.C. Han (Seal)  
                                

Notary Public

Name: P.C. Han

My commission Expires: June 25, 2011