ASSIGNMENT
AND ASSUMPTION OF RIGHTS UNDER

SHOPPING CENTER PURCHASE AGREEMENT


For
good and valuable consideration, the receipt and adequacy of which is hereby
acknowledged, PHILLIPS EDISON GROUP LLC, an Ohio limited liability
company (“Assignor”), hereby assigns, transfers and sets over to BUTLER CREEK
STATION LLC, a Delaware limited liability company (“Assignee”), all of
Assignor’s right, title, and interest as Purchaser to acquire the land and
improvements known as Butler Creek Shopping Center located in Acworth, Georgia
(the “Center’) from Equity One (Southeast Portfolio) Inc. pursuant to a certain
Shopping Centers Purchase and Sale Agreement dated as of November 30, 2012, as
amended (the “Agreement”) with Equity One (Southeast Portfolio) Inc., a Georgia
corporation, Equity One (Florida Portfolio), Inc., a Florida corporation and
Equity One, Inc., a Maryland corporation (individually and collectively
referred to as “Seller”), as Seller, with respect to, among other properties,
the Center, such assignment to include a prorated portion of the Deposit (as
defined in the Agreement) made by Assignor (such prorata portion to be
determined based upon the percentage of the allocable portion of the purchase
price in the Agreement relating to the Center as against the aggregate purchase
price thereunder).


	
  Dated:  January 15, 2013

  	
  PHILLIPS EDISON GROUP, LLC,

  an Ohio limited liability company

   

  
	
   

  	
  By:     PHILLIPS EDISON LIMITED 

  PARTNERSHIP,

             a Delaware limited partnership,

             Managing Member

  
	
   

  	
  By:     PHILLIPS EDISON & COMPANY, INC., 

             a Maryland corporation, General Partner

   

  
	
   

  	
  By:__ /s/ Robert F. Myers_____________________

             Robert F. Myers, Chief Operating Officer

  




The
undersigned, Assignee, hereby accepts the foregoing assignment and hereby
assumes and agrees to perform all of Assignor’s obligations under the Agreement
and hereby releases, indemnifies and holds Assignor harmless from any loss,
cost, liability or expense which may be suffered by Assignor in connection with
such Agreement, except for any such loss, cost, liability or expense resulting
from the acts of Assignor in connection with the Agreement taken prior to the
date of this Assignment without the applicable authorization or consent of the
undersigned.


	


  Dated:  January 15, 2013

   

  	
  BUTLER CREEK STATION LLC, 

  A Delaware limited liability company 

  
	
   

  	
  By:         /s/ John B. Bessey___________________

                 John B. Bessey, Vice President 

  




 












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Schedule to Exhibit 10.30


 


Substantially Similar Assignment and
Assumption of Rights under Shopping Center 


Purchase Agreements Omitted


 


	
  Property

  	
   

  	
  Assignee

  
	
   

  	
   

  	
   

  
	
  The Shops at Westridge

  	
   

  	
  Westridge Station LLC

  
	
   

  	
   

  	
   

  
	
  Mableton Crossing

  	
   

  	
  Mableton Crossing Station LLC

  
	
   

  	
   

  	
   

  
	
  Hamilton Ridge

  	
   

  	
  Hamilton Ridge Station LLC

  
	
   

  	
   

  	
   

  
	
  Grassland Crossing

  	
   

  	
  Grassland Crossing Station LLC

  
	
   

  	
   

  	
   

  
	
  Fairview Oaks

  	
   

  	
  Fairview Oaks Station LLC

  
	
   

  	
   

  	
   

  
	
  Macland Pointe

  	
   

  	
  Macland Pointe Station LLC

  
	
   

  	
   

  	
   

  




 


 











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