Document:

EXHIBIT
10.167

 

ASSIGNMENT AND ASSUMPTION
OF PURCHASE AND SALE AGREEMENT

 

For
good and valuable consideration the receipt and sufficiency of which is hereby
acknowledged, the undersigned, INLAND REAL ESTATE ACQUISITIONS, INC., an
Illinois corporation, (“Assignor”) hereby assigns to INLAND AMERICAN REAL
ESTATE TRUST, INC., a Maryland corporation, (“Assignee”) all of Assignor’s
right, title and interest as a party to that certain Purchase and Sale
Agreement [Portfolio II] (the “Purchase Agreement”) by and between INLAND REAL
ESTATE ACQUISITIONS, INC., (“Buyer”), and SUNTRUST BANK, a Georgia banking
corporation, (“Seller”), dated October 17, 
2007, as amended, with respect to the purchase and sale of those certain
parcel(s) of land more fully defined on Exhibit A, attached hereto
(the “Property”).

 

By
execution hereof by Assignee, Assignee for itself and its successors and
assigns hereby accepts the assignment and assumes all of the obligations of
Assignor under the Purchase Agreement with respect to the Properties.  The Assignor acknowledges and agrees that
notwithstanding the foregoing the Assignor is not released from any of its
obligations under the Purchase Agreement.

 

This
Assignment is effective as of the 30th day of November, 2007.

 

	
   

  	
  ASSIGNOR:

  	
  INLAND REAL
  ESTATE ACQUISITIONS, INC.,

  
	
   

  	
   

  	
  an Illinois
  corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ G. Joseph
  Cosenza

  
	
   

  	
   

  	
   

  	
      G.
  Joseph Cosenza

  
	
   

  	
   

  	
  Its:

  	
      President

  
	
   

  	
   

  	
   

  
	
   

  	
  ASSIGNEE:

  	
  INLAND AMERICAN
  REAL ESTATE TRUST,

  INC., a Maryland corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Marcia L.
  Grant

  
	
   

  	
   

  	
   

  	
  Marcia L. Grant

  
	
   

  	
   

  	
  Its:

  	
  Assistant
  Secretary

  

 

 

Exhibit A

 

	
  Pool

  	
   

  	
  Prop. ID

  	
   

  	
  Property Name

  	
   

  	
  Address

  	
   

  	
  City

  	
   

  	
  County

  	
   

  	
  ST

  
	
  1

  	
   

  	
  FL00144

  	
   

  	
  Cutler Ridge Office

  	
   

  	
  20295 South Dixie Highway

  	
   

  	
  Miami

  	
   

  	
  Dade

  	
   

  	
  FL

  
	
  2

  	
   

  	
  FL00158

  	
   

  	
  University Branch

  	
   

  	
  6700 North Davis Highway

  	
   

  	
  Pensacola

  	
   

  	
  Escambia

  	
   

  	
  FL

  
	
  1

  	
   

  	
  FL00169

  	
   

  	
  Destin Branch

  	
   

  	
  34901 Emerald Coast Parkway

  	
   

  	
  Destin

  	
   

  	
  Okaloosa

  	
   

  	
  FL

  
	
  4

  	
   

  	
  FL00182

  	
   

  	
  Plant City Main Office

  	
   

  	
  202 West Reynolds Street

  	
   

  	
  Plant City

  	
   

  	
  Hillsborough

  	
   

  	
  FL

  
	
  2

  	
   

  	
  FL00321

  	
   

  	
  Palm Harbor Office

  	
   

  	
  33075 U.S. Highway 19 North

  	
   

  	
  Palm Harbor

  	
   

  	
  Pinellas

  	
   

  	
  FL

  
	
  4

  	
   

  	
  FL00324

  	
   

  	
  Dunedin Office

  	
   

  	
  825 Broadway

  	
   

  	
  Dunedin

  	
   

  	
  Pinellas

  	
   

  	
  FL

  
	
  1

  	
   

  	
  FL00962

  	
   

  	
  North Coral Springs Office

  	
   

  	
  9501 Wiles Road

  	
   

  	
  Coral Springs

  	
   

  	
  Broward

  	
   

  	
  FL

  
	
  4

  	
   

  	
  FL00993

  	
   

  	
  Kirkman - Conroy Branch

  	
   

  	
  4582 Kirkman Road

  	
   

  	
  Orlando

  	
   

  	
  Orange

  	
   

  	
  FL

  
	
  10

  	
   

  	
  FL00994

  	
   

  	
  Kissimmee - Main Street Branch

  	
   

  	
  1000 North Main Street

  	
   

  	
  Kissimmee

  	
   

  	
  Osceola

  	
   

  	
  FL

  
	
  10

  	
   

  	
  FL01030

  	
   

  	
  East Lake Wales Branch

  	
   

  	
  2011 State Road 60 East

  	
   

  	
  Lake Wales

  	
   

  	
  Polk

  	
   

  	
  FL

  
	
  10

  	
   

  	
  FL01036

  	
   

  	
  Port Orange Branch

  	
   

  	
  3865 S Nova Road

  	
   

  	
  Port Orange

  	
   

  	
  Volusia

  	
   

  	
  FL

  
	
  2

  	
   

  	
  FL01046

  	
   

  	
  South Daytona Branch

  	
   

  	
  2580 South Ridgewood Avenue

  	
   

  	
  South Daytona

  	
   

  	
  Volusia

  	
   

  	
  FL

  
	
  10

  	
   

  	
  FL01051

  	
   

  	
  West Port Orange Branch

  	
   

  	
  4900 Clyde Morris Boulevard

  	
   

  	
  Port Orange

  	
   

  	
  Volusia

  	
   

  	
  FL

  
	
  4

  	
   

  	
  FL01053

  	
   

  	
  Palm Coast West Branch

  	
   

  	
  15 Pine Cone Drive

  	
   

  	
  Palm Coast

  	
   

  	
  Flagler

  	
   

  	
  FL

  
	
  4

  	
   

  	
  FL01090

  	
   

  	
  Southeast Lauderdale

  	
   

  	
  1601 South Federal Highway

  	
   

  	
  Fort Lauderdale

  	
   

  	
  Broward

  	
   

  	
  FL

  
	
  4

  	
   

  	
  FL01096

  	
   

  	
  Wellington

  	
   

  	
  12870 Forest Hill Boulevard

  	
   

  	
  West Palm Beach

  	
   

  	
  Palm Beach

  	
   

  	
  FL

  
	
  10

  	
   

  	
  FL01137

  	
   

  	
  North Port Office

  	
   

  	
  5900 North Port Boulevard

  	
   

  	
  North Port

  	
   

  	
  Sarasota

  	
   

  	
  FL

  
	
  4

  	
   

  	
  FL01161

  	
   

  	
  Hunters Creek Branch

  	
   

  	
  13950 John Young Parkway

  	
   

  	
  Orlando

  	
   

  	
  Orange

  	
   

  	
  FL

  
	
  1

  	
   

  	
  FL01172

  	
   

  	
  South 441 Branch

  	
   

  	
  11200 South Orange Blossom Trail

  	
   

  	
  Orlando

  	
   

  	
  Orange

  	
   

  	
  FL

  
	
  2

  	
   

  	
  FL01193

  	
   

  	
  Melbourne South Branch

  	
   

  	
  2116 South Babcock Street

  	
   

  	
  Melbourne

  	
   

  	
  Brevard

  	
   

  	
  FL

  
	
  10

  	
   

  	
  FL01290

  	
   

  	
  Fivay Road Office

  	
   

  	
  14207 Fivay Road

  	
   

  	
  Hudson

  	
   

  	
  Pasco

  	
   

  	
  FL

  
	
  2

  	
   

  	
  FL01294

  	
   

  	
  Oakbridge Center Branch

  	
   

  	
  1215 Parkway Frontage Road North

  	
   

  	
  Lakeland

  	
   

  	
  Polk

  	
   

  	
  FL

  
	
  1

  	
   

  	
  FL01331

  	
   

  	
  Hospital Branch

  	
   

  	
  1401 Miccosukee Road

  	
   

  	
  Tallahassee

  	
   

  	
  Leon

  	
   

  	
  FL

  
	
  10

  	
   

  	
  FL01353

  	
   

  	
  Dunnellon Office

  	
   

  	
  20270 East Pennsylvania Road

  	
   

  	
  Dunnellon

  	
   

  	
  Marion

  	
   

  	
  FLEXHIBIT
10.168

 

ASSIGNMENT AND ASSUMPTION
OF PURCHASE AND SALE AGREEMENT

 

For
good and valuable consideration the receipt and sufficiency of which is hereby
acknowledged, the undersigned, INLAND REAL ESTATE ACQUISITIONS, INC., an
Illinois corporation, (“Assignor”) hereby assigns to INLAND AMERICAN ST
PORTFOLIO II, L.L.C., a Delaware limited liability company, (“Assignee”) all of
Assignor’s right, title and interest as a party to that certain Purchase and
Sale Agreement [Portfolio II] (the “Purchase Agreement”) by and between INLAND
REAL ESTATE ACQUISITIONS, INC., (“Buyer”), and SUNTRUST BANK, a Georgia banking
corporation, (“Seller”), dated October 17, 
2007, as amended, with respect to the purchase and sale of those certain
parcel(s) of land more fully defined on Exhibit A, attached hereto
(the “Property”).

 

By
execution hereof by Assignee, Assignee for itself and its successors and
assigns hereby accepts the assignment and assumes all of the obligations of
Assignor under the Purchase Agreement with respect to the Properties.  The Assignor acknowledges and agrees that
notwithstanding the foregoing the Assignor is not released from any of its
obligations under the Purchase Agreement.

 

This
Assignment is effective as of the 30th day of November, 2007.

 

	
   

  	
  ASSIGNOR:

  	
  INLAND REAL
  ESTATE ACQUISITIONS, INC.,

  
	
   

  	
   

  	
  an Illinois
  corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ G. Joseph
  Cosenza

  
	
   

  	
   

  	
   

  	
      G.
  Joseph Cosenza

  
	
   

  	
   

  	
  Its

  	
      President

  
	
   

  	
   

  	
   

  
	
   

  	
  ASSIGNEE:

  	
  INLAND AMERICAN
  ST PORTFOLIO II, L.L.C.,

  a Delaware limited liability company

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: Inland
  American Real Estate Trust, Inc., a

  Maryland corporation, its sole member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By: 

  	
  /s/ Marcia L.
  Grant

  
	
   

  	
   

  	
   

  	
  Marcia L. Grant

  
	
   

  	
   

  	
  Its:

  	
  Assistant
  Secretary

  

 

 

Exhibit A

 

	
  Pool

  	
   

  	
  Prop.
  ID

  	
   

  	
  Property
  Name

  	
   

  	
  Address

  	
   

  	
  City

  	
   

  	
  County

  	
   

  	
  ST

  
	
  10

  	
   

  	
  GA00277

  	
   

  	
  North
  X Northwest

  	
   

  	
  1785
  the Exchange

  	
   

  	
  Atlanta

  	
   

  	
  Cobb

  	
   

  	
  GA

  
	
  2

  	
   

  	
  GA00342

  	
   

  	
  Pershing
  Point Branch

  	
   

  	
  1503
  Peachtree Street, N.E.

  	
   

  	
  Atlanta

  	
   

  	
  Fulton

  	
   

  	
  GA

  
	
  1

  	
   

  	
  GA00356

  	
   

  	
  Executive
  Park Branch

  	
   

  	
  One
  Executive Park Drive, Northeast

  	
   

  	
  Atlanta

  	
   

  	
  DeKalb

  	
   

  	
  GA

  
	
  1

  	
   

  	
  GA00376

  	
   

  	
  North
  Fulton Hospital Branch

  	
   

  	
  11515
  Alpharetta Highway

  	
   

  	
  Roswell

  	
   

  	
  Fulton

  	
   

  	
  GA

  
	
  10

  	
   

  	
  GA00381

  	
   

  	
  Georgetown
  Branch

  	
   

  	
  4525
  Chamblee Dunwoody Road

  	
   

  	
  Dunwoody

  	
   

  	
  DeKalb

  	
   

  	
  GA

  
	
  4

  	
   

  	
  GA00424

  	
   

  	
  Peachtree
  Corners Branch

  	
   

  	
  6095
  Peachtree Industrial Boulevard

  	
   

  	
  Norcross

  	
   

  	
  Gwinnett

  	
   

  	
  GA

  
	
  4

  	
   

  	
  GA00503

  	
   

  	
  Washington
  Road (Augusta) Office

  	
   

  	
  2901
  Washington Road

  	
   

  	
  Augusta

  	
   

  	
  Richmond

  	
   

  	
  GA

  
	
  1

  	
   

  	
  GA00635

  	
   

  	
  Cedartown
  Branch

  	
   

  	
  725
  North Main Street

  	
   

  	
  Cedartown

  	
   

  	
  Polk

  	
   

  	
  GA

  
	
  4

  	
   

  	
  GA00644

  	
   

  	
  Bowdon
  Branch

  	
   

  	
  102
  West College Street

  	
   

  	
  Bowdon

  	
   

  	
  Carroll

  	
   

  	
  GA

  
	
  2

  	
   

  	
  GA00714

  	
   

  	
  North
  Brunswick Office

  	
   

  	
  4236
  Norwich Street

  	
   

  	
  Brunswick

  	
   

  	
  Glynn

  	
   

  	
  GA

  
	
  4

  	
   

  	
  GA00716

  	
   

  	
  Demere
  Office

  	
   

  	
  2203
  Demere Road

  	
   

  	
  St.
  Simons Island

  	
   

  	
  Glynn

  	
   

  	
  GA

  
	
  4

  	
   

  	
  GA00728

  	
   

  	
  Jesup
  Office

  	
   

  	
  175
  South Macon Street

  	
   

  	
  Jesup

  	
   

  	
  Wayne

  	
   

  	
  GA

  
	
  2

  	
   

  	
  MD00228

  	
   

  	
  Parole

  	
   

  	
  2350
  Solomons Island Road

  	
   

  	
  Annapolis

  	
   

  	
  Anne
  Arundel

  	
   

  	
  MD

  
	
  10

  	
   

  	
  MD00291

  	
   

  	
  Ellicott
  City

  	
   

  	
  9080
  Baltimore National Pike

  	
   

  	
  Ellicott
  City

  	
   

  	
  Howard

  	
   

  	
  MD

  
	
  2

  	
   

  	
  MD00307

  	
   

  	
  Rosemont

  	
   

  	
  1700
  Rosemont Avenue

  	
   

  	
  Frederick

  	
   

  	
  Frederick

  	
   

  	
  MD

  
	
  4

  	
   

  	
  MD00309

  	
   

  	
  Waldorf

  	
   

  	
  3070
  Leonardtown Road

  	
   

  	
  Waldorf

  	
   

  	
  Charles

  	
   

  	
  MD

  
	
  4

  	
   

  	
  NC00147

  	
   

  	
  NCF:
  Belmont Main St

  	
   

  	
  118
  North Main St

  	
   

  	
  Belmont

  	
   

  	
  Gaston

  	
   

  	
  NC

  
	
  2

  	
   

  	
  NC00152

  	
   

  	
  NCF:
  Maple Avenue

  	
   

  	
  2221
  Maple Avenue

  	
   

  	
  Burlington

  	
   

  	
  Alamance

  	
   

  	
  NC

  
	
  10

  	
   

  	
  NC00153

  	
   

  	
  NCF:
  Cum Park

  	
   

  	
  2178
  N Church Street

  	
   

  	
  Burlington

  	
   

  	
  Alamance

  	
   

  	
  NC

  
	
  2

  	
   

  	
  NC00159

  	
   

  	
  NCF:
  Carrboro

  	
   

  	
  102
  Highway 54 West

  	
   

  	
  Carrboro

  	
   

  	
  Orange

  	
   

  	
  NC

  
	
  1

  	
   

  	
  NC00207

  	
   

  	
  NCF:
  Parkade

  	
   

  	
  276
  Concord Pkwy S

  	
   

  	
  Concord

  	
   

  	
  Cabarrus

  	
   

  	
  NC

  
	
  1

  	
   

  	
  NC00217

  	
   

  	
  NCF:
  Northgate

  	
   

  	
  1516
  N Gregson Street

  	
   

  	
  Durham

  	
   

  	
  Durham

  	
   

  	
  NC

  
	
  2

  	
   

  	
  NC00272

  	
   

  	
  NCF:
  Summit Avenue

  	
   

  	
  1201
  Summit Avenue

  	
   

  	
  Greensboro

  	
   

  	
  Guilford

  	
   

  	
  NC

  
	
  1

  	
   

  	
  NC00302

  	
   

  	
  NCF:
  Lexington

  	
   

  	
  2
  North State Street

  	
   

  	
  Lexington

  	
   

  	
  Davidson

  	
   

  	
  NC

  
	
  10

  	
   

  	
  NC00305

  	
   

  	
  NCF:
  Matthews - John St

  	
   

  	
  345
  W John St

  	
   

  	
  Matthews

  	
   

  	
  Mecklenburg

  	
   

  	
  NC

  
	
  4

  	
   

  	
  NC00307

  	
   

  	
  NCF:
  Mocksville-Valley Road

  	
   

  	
  880
  Yadkinville Rd

  	
   

  	
  Mocksville

  	
   

  	
  Davie

  	
   

  	
  NC

  
	
  1

  	
   

  	
  NC00311

  	
   

  	
  NCF:
  Jefferson St

  	
   

  	
  114
  West Jefferson Street

  	
   

  	
  Monroe

  	
   

  	
  Union

  	
   

  	
  NC

  
	
  2

  	
   

  	
  NC00316

  	
   

  	
  NCF:
  Oakboro

  	
   

  	
  224
  North Main Street

  	
   

  	
  Oakboro

  	
   

  	
  Stanly

  	
   

  	
  NC

  
	
  1

  	
   

  	
  NC00322

  	
   

  	
  NCF:
  West Street

  	
   

  	
  192
  West Street

  	
   

  	
  Pittsboro

  	
   

  	
  Chatham

  	
   

  	
  NC

  
	
  4

  	
   

  	
  NC00352

  	
   

  	
  NCF:
  Pinewinds

  	
   

  	
  118
  Small Pine Drive

  	
   

  	
  Raleigh

  	
   

  	
  Wake

  	
   

  	
  NC

  
	
  4

  	
   

  	
  NC00396

  	
   

  	
  NCF:
  Zebulon

  	
   

  	
  208
  N Arendell Avenue

  	
   

  	
  Zebulon

  	
   

  	
  Wake

  	
   

  	
  NC

  
	
  2

  	
   

  	
  NC00398

  	
   

  	
  NCF:
  Yadkin Plaza

  	
   

  	
  912
  S State St

  	
   

  	
  Yadkinville

  	
   

  	
  Yadkin

  	
   

  	
  NC

  

 

 

	
  10

  	
   

  	
  SC00134

  	
   

  	
  NCF:
  Perpetual Square

  	
   

  	
  2125
  Hwy 81 North

  	
   

  	
  Anderson

  	
   

  	
  Anderson

  	
   

  	
  SC

  
	
  2

  	
   

  	
  SC00138

  	
   

  	
  NCF:
  Belton

  	
   

  	
  208
  Anderson Street

  	
   

  	
  Belton

  	
   

  	
  Anderson

  	
   

  	
  SC

  
	
  2

  	
   

  	
  SC00189

  	
   

  	
  NCF:
  Travelers Rest

  	
   

  	
  6708
  State Park Road

  	
   

  	
  Travelers
  Rest

  	
   

  	
  Greenville

  	
   

  	
  SC

  
	
  2

  	
   

  	
  TN00162

  	
   

  	
  West
  Nashville Branch

  	
   

  	
  4604
  Charlotte Avenue

  	
   

  	
  Nashville

  	
   

  	
  Davidson

  	
   

  	
  TN

  
	
  10

  	
   

  	
  TN00168

  	
   

  	
  Madison
  Branch

  	
   

  	
  202
  Gallatin Road South

  	
   

  	
  Madison

  	
   

  	
  Davidson

  	
   

  	
  TN

  
	
  2

  	
   

  	
  TN00180

  	
   

  	
  Murfreesboro
  Road Branch

  	
   

  	
  530
  Murfreesboro Road

  	
   

  	
  Nashville

  	
   

  	
  Davidson

  	
   

  	
  TN

  
	
  1

  	
   

  	
  TN00190

  	
   

  	
  Hobbs
  Road Branch

  	
   

  	
  2104
  Hobbs Road

  	
   

  	
  Nashville

  	
   

  	
  Davidson

  	
   

  	
  TN

  
	
  4

  	
   

  	
  TN00192

  	
   

  	
  Lavergne
  Branch

  	
   

  	
  5056
  Murfreesboro Road

  	
   

  	
  Lavergne

  	
   

  	
  Rutherford

  	
   

  	
  TN

  
	
  10

  	
   

  	
  TN00264

  	
   

  	
  Brainerd
  Branch

  	
   

  	
  3535
  Brainerd Road

  	
   

  	
  Chattanooga

  	
   

  	
  Hamilton

  	
   

  	
  TN

  
	
  1

  	
   

  	
  VA00160

  	
   

  	
  Church
  Hill

  	
   

  	
  2500
  E. Broad St

  	
   

  	
  Richmond

  	
   

  	
  City
  of Richmond

  	
   

  	
  VA

  
	
  10

  	
   

  	
  VA00166

  	
   

  	
  Azalea

  	
   

  	
  1101
  Azalea Ave

  	
   

  	
  Richmond

  	
   

  	
  Henrico

  	
   

  	
  VA

  
	
  1

  	
   

  	
  VA00173

  	
   

  	
  Washington
  Street

  	
   

  	
  1340
  West Washington St

  	
   

  	
  Petersburg

  	
   

  	
  City
  of Petersburg

  	
   

  	
  VA

  
	
  10

  	
   

  	
  VA00489

  	
   

  	
  Boonsboro

  	
   

  	
  4710
  Boonsboro Road

  	
   

  	
  Lynchburg

  	
   

  	
  City
  of Lynchburg

  	
   

  	
  VA

  
	
  1

  	
   

  	
  VA00520

  	
   

  	
  Industrial
  Park

  	
   

  	
  3351
  Princess Anne Road

  	
   

  	
  Norfolk

  	
   

  	
  City
  of Norfolk

  	
   

  	
  VA

  
	
  10

  	
   

  	
  VA00561

  	
   

  	
  Cheriton

  	
   

  	
  21263
  Lankford Highway

  	
   

  	
  Cheriton

  	
   

  	
  Northampton

  	
   

  	
  VA

  
	
  1

  	
   

  	
  VA00609

  	
   

  	
  Rocky
  Mount Main Office

  	
   

  	
  260
  South Main Street

  	
   

  	
  Rocky
  Mount

  	
   

  	
  Franklin

  	
   

  	
  VA

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00140-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00140-of-00352.parquet"}]]