Document:

ANNEX VI

                ASSIGNMENT OF PURCHASE AND SALE AGREEMENT

          THIS ASSIGNMENT OF PURCHASE AND SALE AGREEMENT (this
"Assignment") is made and entered into as of the ________ day of
November, 1999 by and between BARKER PACIFIC GROUP, INC., a Delaware
corporation ("Assignor") and CRANBERRY PROPERTIES MM CORP., a Delaware
corporation ("Assignee").

                                 RECITALS

          Shopco Malls L.P., a Delaware limited partnership, as seller
("Seller"), and Assignor, as buyer, entered into that certain Agreement
of Purchase and Sale dated September 11, 1999, as amended by the First
Amendment to the Agreement of Purchase and Sale dated as of October 28,
1999 (as so amended, the "Purchase Agreement") in respect of the purchase
and sale of that certain property known as Cranberry Mall (located in
Carroll County, Maryland).  All capitalized terms not otherwise defined
in this Assignment shall have the meaning given them in the Purchase
Agreement.

          Assignor desires to assign all of its right, title and
interest in the Purchase Agreement to Assignee.

                                AGREEMENT

          NOW, THEREFORE, for good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties
hereto agree as follows:

     A.   Assignment of the Assigned Interest.  Assignor hereby assigns,
sells and transfers to Assignee, and Assignee hereby assumes, all of
Assignor's rights (including, without limitation, all of Assignor's
indemnification rights under Article XI of the Purchase Agreement,
(provided that Assignor reserves from this Assignment sufficient rights
to seek and obtain indemnification from Seller arising under the Purchase
Agreement if required) and obligations (other than Assignor's
indemnification obligations under Article XI of the Purchase Agreement
arising out of matters or events that occurred prior to the date of
hereof) under the Purchase Agreement (collectively, the "Assigned
Interest").  If Assignee closes the purchase of the Asset, Assignee
agrees to indemnify Assignor in regard to any claim made by Seller under
the Purchase Agreement as to the post-assignment period, except as the
same may arise on account of Assignor's conduct.

     B.   Assignment of the Asset File.  Assignor hereby assigns and
transfers to Assignee all of Assignor's interest in and to any documents
or instruments that were delivered by the Seller to Assignor in
connection with the Purchase Agreement, including, without limitation,
the Asset File.

<PAGE>

     C.   Payment of Initial Earnest Money.  With Seller's permission,
Assignor has not yet paid to Seller the Initial Earnest Money in the
amount of $200,000, as required by Section II.2(b)(i) of the Purchase
Agreement; however, concurrently with the execution and delivery of this
Assignment and the consent thereto by Seller, Assignee is delivering the
Initial Earnest Money to Escrow Agent.  Assignor hereby acknowledges that
it has no right, title or interest in the Initial Earnest Money.

     D.   Representations and Warranties of Assignor.  Assignor hereby
represents and warrants to Assignee as follows:

     1.   Assignor is a corporation, duly organized, validly existing
          and in good standing under the laws of the State of Delaware
          and has the full power and authority to execute and deliver
          the Purchase Agreement and this Assignment.  The person
          executing and delivering this Assignment on behalf of Assignor
          has full corporate power and authority to execute and deliver
          this Assignment on behalf of Assignor.  Except for Seller's
          consent, which it attached hereto, Assignor has obtained all
          necessary third party consents in connection with the
          execution and delivery of the Purchase Agreement and this
          Assignment.

     2.   Attached hereto as Exhibit A is a true, complete and correct
          copy of the Purchase Agreement and there have been no further
          amendments, revisions or modifications (oral or written) to
          such documents.

     3.   The Purchase Agreement is in full force and effect and neither
          party thereto is in default of its obligations thereunder.
          Without limiting the generality of the foregoing, to the best
          knowledge of Assignor, all of the representations and
          warranties of Seller in the Purchase Agreement are true and
          correct.

     4.   Assignor holds one hundred (100%) percent of the legal and
          beneficial title to the Assigned Interest and has not pledged,
          encumbered, transferred or hypothecated (or entered into any
          agreement (oral or written) pursuant to which it has agreed to
          pledge, transfer, encumber or hypothecate) the Assigned
          Interest in any manner whatsoever.

     5.   Except as set forth in Schedule 1 attached hereto, Assignor
          has not received any notice from Seller pursuant to Section
          III.3 of the Purchase Agreement with respect to, among other
          things, any (i) third party contracts after the execution date
          of the Purchase Agreement; (ii) Space Leases and/or Temporary
          Leases other than those disclosed in the Purchase Agreement;
          or (iii) litigation, arbitration proceeding or administrative
          hearing (including condemnation).  Except as set forth in said
          Schedule 1, Assignor knows of no other changes in any Space
          Lease or Temporary Lease occurring since the Purchase
          Agreement was signed.

                                   -2-

<PAGE>

     E.   Indemnification.  If Seller exercises its rights pursuant to
any indemnification provision in the Purchase Agreement (including,
without limitation, those set forth in Article VII (Inspections) and
Section XIV.2 (Brokers)), responsibility therefor is allocated as
follows:

     1.   Inspections:  Each party, i.e., Assignor or Assignee, shall be
          responsible for its conduct, and the conduct of its employees,
          agents and contractors incurred in respect to the inspections.

     2.   Brokers.  Each party, i.e., Assignor or Assignee, shall be
          responsible to Seller for any broker involved in the
          transaction to which Seller has not agreed to pay a
          transaction fee or commission.

     3.   Other Indemnification.  In respect to all other claims of
          indemnification by Seller under the Agreement, Assignor and
          Assignee shall each be liable for its own acts (and the acts
          of its employees, agents and contractors).

     Based upon the allocation of responsibility hereinabove described,
     to the extent that either Assignor or Assignee is responsible
     therefor, the responsible party agrees to indemnify the other party
     and the other party's affiliates, members, partners, and the
     partner, shareholders, officers, directors, employees,
     representatives and agents of each of the foregoing from any losses
     incurred by the indemnified party (i.e., Assignor or Assignee) for
     which the indemnified party is not responsible based on the
     allocation of responsibility described above.  The foregoing
     obligations shall survive the Closing or the termination of the
     Assignment, as the case may be.

     F.   Counterparts.  This Assignment may be executed in any number
of counterparts, each of which shall be deemed an original and all of
which taken together shall constitute one and the same instrument.

     G.   Binding Effect.  This Assignment shall be binding upon and
insure to the benefit of the parties hereto and their respective personal
representatives, administrators, successors and assigns.

                                   -3-

<PAGE>

          IN WITNESS WHEREOF, Assignee and Assignor have executed this
Assignment as of the day and year first above written.

                               ASSIGNOR:

                               BARKER PACIFIC GROUP, INC.

                               By: ______________________________________

                               ASSIGNEE:

                               CRANBERRY PROPERTIES MM CORP.

                               By: ______________________________________

          Escrow Agent is hereby executing this Assignment solely for
the purpose of acknowledging its receipt of the Initial Earnest Money.

                               ESCROW AGENT:

                               FIRST AMERICAN TITLE INSURANCE COMPANY

                               By: ______________________________________
                                    Name:
                                    Title:

                                   -4-

<PAGE>

          IN WITNESS WHEREOF, Assignee and Assignor have executed this
Assignment as of the day and year first above written.

                               ASSIGNOR:

                               BARKER PACIFIC GROUP, INC.

                               By: ______________________________________

                               ASSIGNEE:

                               CRANBERRY PROPERTIES MM CORP.

                               By: ______________________________________

          Escrow Agent is hereby executing this Assignment solely for
the purpose of acknowledging its receipt of the Initial Earnest Money.

                               ESCROW AGENT:

                               FIRST AMERICAN TITLE INSURANCE COMPANY

                               By: ______________________________________
                                    Name:
                                    Title:

                                   -5-

<PAGE>

                       SCHEDULE 1 TO ASSIGNMENT<F1>

                                   -6-

<PAGE>

                             SELLER'S CONSENT

The undersigned is executing this Consent on this ____ day of November,
1999 in connection with that certain Assignment of Purchase and Sale
Agreement (the "Assignment") of even date herewith between Barker Pacific
Group, Inc. ("Assignor"), as assignor, and Cranberry Properties MM Corp.
("Assignee"), as assignee, in respect of that certain Agreement of
Purchase and Sale dated September 11, 1999 between the undersigned, as
seller, and Assignor, as buyer, as amended by the First Amendment to the
Agreement of Purchase and Sale dated as of October 28, 1999 (as so
amended, the "Purchase Agreement") in respect of the purchase and sale of
that certain property known as Cranberry Mall (located in Carroll County,
Maryland).  All capitalized terms not otherwise defined in this Consent
shall have the meaning given them in the Purchase Agreement.  Seller
hereby confirms the following:

     1.   Seller acknowledges that it has reviewed the memoranda
          regarding the Existing Title Report and any updated title
          reports, attached hereto as Exhibits 1 and 2, respectively,
          and further acknowledges that said memoranda were timely
          received.  Seller agrees to work with Assignee to promptly
          resolve the title matters discussed in said memoranda.
          Notwithstanding the foregoing and notwithstanding anything to
          the contrary in Article VIII.2 of the Purchase Agreement,
          Seller hereby agrees that Assignee's rights to deliver notice
          of any additional objections to title set forth in the
          Existing Title Policy, Existing Survey, and any updated title
          report and survey shall be extended until the Due Diligence
          Expiration Date; and

     2.   Except as set forth in Schedule 1 attached hereto, Seller has
          not sent any notice to Assignor pursuant to Section III.3 of
          the Purchase Agreement with respect to, among other things,
          any (i) third party contracts after the execution date of the
          Purchase Agreement; (ii) Space Leases and/or Temporary Leases
          other than those disclosed in the Purchase Agreement; or (iii)
          litigation, arbitration proceeding or administrative hearing
          (including condemnation).  Seller further acknowledges and
          agrees that Assignee shall not be deemed to have approved any
          of the matters set forth on said Schedule 1 until five (5)
          business days after the date of the Assignment.

     3.   Notwithstanding anything to the contrary in the Purchase
          Agreement, Seller acknowledges and agrees that the Due
          Diligence Expiration Date shall be November 29, 1999, 5:00
          p.m. E.S.T.  Notice with respect to the Due Diligence
          Expiration Date and any other notices under the Purchase
          Agreement may be sent by (i) personal delivery, (ii) prepaid,
          national overnight courier or (iii) facsimile, with a hard
          copy to follow by the manner of delivery set forth in the
          preceding clauses and shall be deemed given and received as
          set forth in the Purchase Agreement, except that any notice
          sent by facsimile shall be deemed delivered on the date sent,

                                   -7-

<PAGE>

          provided that confirmation of same is received by the sender.
          Seller further acknowledges that any notices sent to Buyer
          under the Purchase Agreement from and after the date of this
          Consent shall be sent to: (1) Cranberry Properties MM Corp.,
          c/o Strategic Resources Corporation, 152 West 57th Street,
          44th Floor, New York, New York 10019 (Facsimile Number: (212)
          399-3128), Attention: Jonathan E. Klein and Jordan J. Metzger,
          with a copy to Battle Fowler LLP, 75 East 55th Street, New
          York, New York 10022 (Facsimile Number: (212) 856-7808),
          Attention: Robert J. Wertheimer, Esq. and (2) Barker Pacific
          Group, Inc., 100 First Street, Suite 2200, San Francisco,
          California 94105 (Facsimile No.: (415) 495-7098), Attn:
          Michael Barker, with a copy to Lowell & Robbin, 707 Broadway,
          Seventeenth Floor, San Diego, California 92101-5311 (Facsimile
          No.: (619) 233-0700), Attn: Robert P. Lowell.

                               SHOPCO MALLS L.P.

                               By:  Shopco Regional Malls, L.P.

                                    By:  Regional Malls, Inc.

                                         By: __________________________
                                                Name:
                                                Title:

                                   -8-

<PAGE>

 [FN]
<F1>Copies of all letters, memoranda and other correspondence regarding
the Space Leases, the Temporary Leases and any other matters that have
been received by Assignor from and after September 11, 1999 pursuant to
Article III.3 of the Purchase Agreement.

                                   -9-ANNEX VII

               SECOND AMENDMENT TO AGREEMENT OF PURCHASE AND SALE

          This SECOND AMENDMENT TO AGREEMENT OF PURCHASE AND SALE (this
"Amendment") is dated as of the 29th day of November, 1999 by and among
SHOPCO MALLS L.P., a Delaware limited partnership ("Seller") and BARKER
PACIFIC GROUP, INC., a Delaware corporation ("Buyer").

                                  BACKGROUND

          A.   Seller and Buyer executed an Agreement of Purchase and Sale as
of September 11, 1999, as amended by a First Amendment to Agreement of
Purchase and Sale dated as of October 28, 1999 (such Agreement of Purchase
and Sale, as amended, the "Agreement").

          B.   Seller and Buyer now desire to further amend the Agreement in
order to modify certain terms and conditions thereof.  All capitalized terms
not otherwise defined in this Amendment, shall have the meaning given such
terms in the Agreement.

                                   AGREEMENT
                                   ---------

          NOW, THEREFORE, in consideration of the mutual covenants and
agreements set forth in this Amendment, and for other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties hereby agree as follows:

          1.   Section VII.2(a) is hereby amended by deleting "30 days after
the date of the First Amendment to Agreement of Purchase and Sale (the 'Due
Diligence Expiration Date') and substituting in lieu thereof "on December 13,
1999 (the 'Due Diligence Expiration Date')."

          1.   The reference to "(E.D.T.)" in Section VII.2(b) is hereby
changed to "(E.S.T.)".

          1.   Except as explicitly set forth in this Amendment, the parties
hereto ratify and confirm all of the terms and provisions of the Agreement.

<PAGE>

          1.   This Amendment may be executed in counterparts, each of which
shall be deemed an original and all of which together, shall be deemed one
Agreement.

SELLER:

SHOPCO MALLS L.P.

By:  Shopco Regional Malls, L.P.

     By:  Regional Malls, Inc.

          By:  ________________________
               Name:
               Title:

BUYER:

BARKER PACIFIC GROUP, INC.

By:  ____________________________________
     Name:
     Title:

                                      -2-

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