Assignment of Agreement for Purchase and Sale




 Exhibit 10.12 
 ASSIGNMENT OF AGREEMENT FOR PURCHASE AND SALE 
 THIS ASSIGNMENT OF AGREEMENT FOR PURCHASE AND SALE (this “Assignment”) is made and entered into as of the 23rd day of February, 2012, by and between O’DONNELL ACQUISITIONS, LLC, a California limited liability company
(“ODA”) and OD FDX LOUISIANA, LLC, a Delaware limited liability company (“ODFL”), with respect to the following: 
 R E C I T A L S 
 A.         ODA and Cajun FXF, L.L.C., a Missouri limited liability company (“Seller”) entered into that certain Agreement of Purchase and Sale and Joint
Escrow Instructions dated November 21, 2011, as amended by that certain First Amendment to Agreement of Purchase and Sale and Joint Escrow Instructions dated January 12, 2011 [sic] (as amended, the “Purchase Agreement”), pursuant
to which, among other things, Seller agreed to convey to Buyer the Property, which real property consists of that certain land and improvements located at land and improvements located at 1840 West Willow, Scott, Louisiana. Capitalized terms which
are not expressly defined in this Assignment shall have the meaning given to them in the Purchase Agreement. 

B.         ODA intends to convey all of its right title and interest under the
Purchase Agreement to ODFL, and ODFL desires to accept such assignment and assume all duties and obligations of ODA thereunder. 
 NOW, THEREFORE, the parties hereto hereby agree as follows: 
 1.
        Assignment. ODA hereby assigns all of its right, title and interest under the Purchase Agreement to ODFL. ODFL accepts such assignment and assumes all obligations and liabilities of ODA as the
“Buyer” under the Purchase Agreement. Notwithstanding said assignment and assumption, ODA shall not be released of any obligations or liabilities under the Purchase Agreement. 

2.         Indemnity. ODFL hereby agrees to indemnify, defend, and hold
harmless ODA from and against any and all liability, cost, or expense which ODA may incur arising out of any default by ODFL in the performance of its obligations under the Purchase Agreement. 

3.         Counterparts. This Assignment may be executed in counterparts
or by facsimile or emailed signature, and so executed shall constitute one agreement binding on all parties. 
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 IN WITNESS WHEREOF, the parties hereto have executed this Assignment as of
the date and year first above written. 
  

											
	 “ODA”
	 		 	O’DONNELL ACQUISITIONS, LLC, a California limited liability company
				
		 		 	By:	 	 /s/     Douglas D. O’Donnell

		 		 		 	 Douglas D. O’Donnell, as Trustee of the DOD

Trust dated August 29, 2002, its sole member

			
	 “ODFL”
	 		 	 OD FDX LOUISIANA, LLC, a Delaware limited liability company

				
		 		 	 By:
	 	 O’Donnell Strategic Industrial REIT Operating Partnership, LP, a Delaware limited partnership, its sole Member and
Manager

					
		 		 		 	 By:
	 	 O’Donnell Strategic Industrial REIT, Inc., a Delaware corporation, its sole General Partner

						
		 		 		 		 	 By:
	 	 /s/     Douglas D. O’Donnell

		 		 		 		 		 	 Douglas D. O’Donnell, its CEO and President



  
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