**Exhibit 10.487**

 

**ASSIGNMENT OF CONTRACT**

 

This ASSIGNMENT OF CONTRACT(the **“Assignment”)**is made andentered into this 30th day of December, 2004 by INLAND REAL ESTATEACQUISITIONS, INC., an Illinois corporation (**“Assignor”**)and INLAND WESTERN VIERA LAKE ANDREW, L.L.C., a Delaware limited liabilitycompany (**“Assignee”**).

 

Assignor does hereby sell,assign, transfer, set over and convey unto Assignee all of its right, title andinterest as Purchaser under that certain agreement dated as of November 15,2004, as amended, and entered into by Wickham & 95 Corp., a Floridacorporation and Lot 91, L.L.C., an Arizona limited liability company, as Seller,and Assignor, as Purchaser (collectively, the **“Agreement”**), with respect to the sale andpurchase of the property described by the Agreement, located in Viera, Floridaand known as The Shoppes at Lake Andrew Shopping Center.

 

Assignor represents andwarrants that it is the Purchaser under the Agreement, and that it has notsold, assigned, transferred, or encumbered such interest in any way to anyother person or entity. By acceptance hereof, Assignee accepts the foregoingAssignment and agrees, from and after the date hereof, to (i) perform all ofthe obligations of Purchaser under the Agreement, and (ii) indemnify, defend,protect and hold Assignor harmless from and against all claims and liabilitiesarising under the Agreement.

 

 
|   | **ASSIGNOR:**                                                                    |
|--------|----------------------------------------------------------------------------------|
|   |                                                                             |
|   | INLAND REAL ESTATE  ACQUISITIONS, INC., an  Illinois corporation                 |
|   |                                                                             |
|   | By:                                                                              |    /s/ Karen Kautz |   |
|   | Name:                                                                            | KAREN KAUTZ |   |
|   | Title:                                                                           | Vice President |   |
|   |                                                                             |
|   |                                                                             |
|   | **ASSIGNEE:**                                                                    |
|   |                                                                             |
|   | INLAND WESTERN VIERA LAKE  ANDREW, L.L.C., a  Delaware limited liability company |
|   |                                                                             |   |
|   | By:                                                                              | Inland Western Retail Real  Estate Trust, Inc., a Maryland corporation, its sole member |
|   |                                                                             |   |
|   |                                                                             | By: | /s/ Debra A.  Palmer |   |
|   |                                                                             | Name: | DEBRA A. PALMER |   |
|   |                                                                             | Title: | Asst. Secretary |   |

 

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