Document:

EXHIBIT
10.171

 

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 IV, 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 #2] (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 17th day of
March, 2008.

 

	
  ASSIGNOR:

  	
   

  	
  INLAND REAL
  ESTATE ACQUISITIONS, INC.,

  
	
   

  	
   

  	
  an Illinois
  corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ G. Joseph
  Cosenza

  
	
   

  	
   

  	
   

  	
       G.
  Joseph Cosenza

  
	
   

  	
   

  	
  Its:

  	
       President

  
	
   

  	
   

  	
   

  	
   

  
	
  ASSIGNEE:

  	
   

  	
  INLAND AMERICAN
  ST PORTFOLIO IV,

  
	
   

  	
   

  	
  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

  	
   

  	
  State

  	
   

  	
  Zip

  	
   

  	
  County

  	
   

  	
  Bldg

  SF

  	
   

  
	
  5

  	
   

  	
  GA00349

  	
   

  	
  Mountain Industrial Branch

  	
   

  	
  1849 Mountain Industrial Boulevard

  	
   

  	
  Tucker

  	
   

  	
  GA

  	
   

  	
  30084

  	
   

  	
  DeKalb

  	
   

  	
  6,059

  	
   

  
	
  5

  	
   

  	
  GA00422

  	
   

  	
  Berkeley Lake Branch

  	
   

  	
  4601 Peachtree Industrial Boulevard

  	
   

  	
  Norcross

  	
   

  	
  GA

  	
   

  	
  30092

  	
   

  	
  Gwinnett

  	
   

  	
  3,000

  	
   

  
	
  5

  	
   

  	
  GA00697

  	
   

  	
  Southside Office

  	
   

  	
  904 South Peterson Avenue

  	
   

  	
  Douglas

  	
   

  	
  GA

  	
   

  	
  31533

  	
   

  	
  Coffee

  	
   

  	
  4,800

  	
   

  
	
  5

  	
   

  	
  NC00149

  	
   

  	
  NCF: Black Mountain

  	
   

  	
  200 NC Hwy 9

  	
   

  	
  Black Mountain

  	
   

  	
  NC

  	
   

  	
  28711

  	
   

  	
  Buncombe

  	
   

  	
  5,395

  	
   

  
	
  5

  	
   

  	
  NC00315

  	
   

  	
  NCF: Norwood

  	
   

  	
  212 S Main St

  	
   

  	
  Norwood

  	
   

  	
  NC

  	
   

  	
  28128

  	
   

  	
  Stanly

  	
   

  	
  3,400

  	
   

  
	
  5

  	
   

  	
  NC00364

  	
   

  	
  NCF: Spencer

  	
   

  	
  420 South Salisbury Ave

  	
   

  	
  Spencer

  	
   

  	
  NC

  	
   

  	
  28159

  	
   

  	
  Rowan

  	
   

  	
  3,650

  	
   

  
	
  5

  	
   

  	
  VA00413

  	
   

  	
  Spotsylvania Courthouse

  	
   

  	
  8970 Courthouse Road

  	
   

  	
  Spotsylvania

  	
   

  	
  VA

  	
   

  	
  22553

  	
   

  	
  Spotsylvania

  	
   

  	
  2,325

  	
   

  
	
  5

  	
   

  	
  VA00418

  	
   

  	
  South Boston Main Office

  	
   

  	
  410 Main Street

  	
   

  	
  South Boston

  	
   

  	
  VA

  	
   

  	
  24592

  	
   

  	
  Halifax

  	
   

  	
  7,895

  	
   

  
	
  5

  	
   

  	
  VA00510

  	
   

  	
  Riverside Park/Relo

  	
   

  	
  5922 Richmond Highway

  	
   

  	
  Alexandria

  	
   

  	
  VA

  	
   

  	
  22303

  	
   

  	
  Fairfax

  	
   

  	
  3,108

  	
   

  
	
  6

  	
   

  	
  GA00357

  	
   

  	
  Brookhaven Branch

  	
   

  	
  4030 Peachtree Road, Northeast

  	
   

  	
  Atlanta

  	
   

  	
  GA

  	
   

  	
  30319

  	
   

  	
  DeKalb

  	
   

  	
  7,039

  	
   

  
	
  6

  	
   

  	
  GA00420

  	
   

  	
  Gwinnett Medical Center Branch

  	
   

  	
  701 Duluth Highway

  	
   

  	
  Lawrenceville

  	
   

  	
  GA

  	
   

  	
  30045

  	
   

  	
  Gwinnett

  	
   

  	
  12,429

  	
   

  
	
  6

  	
   

  	
  GA00663

  	
   

  	
  Watson Boulevard Office

  	
   

  	
  1903 Watson Boulevard

  	
   

  	
  Warner Robins

  	
   

  	
  GA

  	
   

  	
  31093

  	
   

  	
  Houston

  	
   

  	
  7,984

  	
   

  
	
  6

  	
   

  	
  NC00156

  	
   

  	
  NCF: Butner

  	
   

  	
  301 Central Avenue

  	
   

  	
  Butner

  	
   

  	
  NC

  	
   

  	
  27509

  	
   

  	
  Granville

  	
   

  	
  2,503

  	
   

  
	
  6

  	
   

  	
  NC00295

  	
   

  	
  NCF: Hudson

  	
   

  	
  164 Hickman Avenue

  	
   

  	
  Hudson

  	
   

  	
  NC

  	
   

  	
  28638

  	
   

  	
  Caldwell

  	
   

  	
  2,500

  	
   

  
	
  6

  	
   

  	
  NC00296

  	
   

  	
  NCF: Lake Norman

  	
   

  	
  9617 Holly Point Drive

  	
   

  	
  Huntersville

  	
   

  	
  NC

  	
   

  	
  28078

  	
   

  	
  Mecklenburg

  	
   

  	
  3,200

  	
   

  
	
  6

  	
   

  	
  TN00286

  	
   

  	
  Highway 58 Branch

  	
   

  	
  4614 Highway 58

  	
   

  	
  Chattanooga

  	
   

  	
  TN

  	
   

  	
  37416

  	
   

  	
  Hamilton

  	
   

  	
  3,500

  	
   

  
	
  6

  	
   

  	
  TN00299

  	
   

  	
  Twenty-Fifth Street Branch

  	
   

  	
  1432 25th Street, Northwest

  	
   

  	
  Cleveland

  	
   

  	
  TN

  	
   

  	
  37312

  	
   

  	
  Bradley

  	
   

  	
  2,069

  	
   

  
	
  6

  	
   

  	
  VA00346

  	
   

  	
  Lightfoot

  	
   

  	
  6385 Richmond Road

  	
   

  	
  Lightfoot

  	
   

  	
  VA

  	
   

  	
  23090

  	
   

  	
  James City

  	
   

  	
  3,200

  	
   

  
	
  6

  	
   

  	
  VA00492

  	
   

  	
  Fairlawn

  	
   

  	
  7370 Peppers Ferry Boulevard

  	
   

  	
  Radford

  	
   

  	
  VA

  	
   

  	
  24141

  	
   

  	
  City of Radford

  	
   

  	
  2,464

  	
   

  
	
  6

  	
   

  	
  VA00565

  	
   

  	
  Lynnhaven

  	
   

  	
  635 Lynnhaven Parkway

  	
   

  	
  Virginia Beach

  	
   

  	
  VA

  	
   

  	
  23452

  	
   

  	
  City of Virginia Beach

  	
   

  	
  3,200EXHIBIT
10.172

 

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 V, 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 #2] (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 17th day of March, 2008.

 

	
   

  	
  ASSIGNOR:

  	
  INLAND REAL
  ESTATE ACQUISITIONS, INC.,

  
	
   

  	
   

  	
  an Illinois
  corporation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ G. Joseph
  Cosenza

  
	
   

  	
   

  	
   

  	
       G.
  Joseph Cosenza

  
	
   

  	
   

  	
  Its:

  	
       President

  
	
   

  	
   

  	
   

  
	
   

  	
  ASSIGNEE:

  	
  INLAND AMERICAN
  ST PORTFOLIO V, 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

  	
   

  	
  State

  	
   

  	
  Zip

  	
   

  	
  County

  	
   

  	
  Bldg

  SF

  	
   

  
	
  7

  	
   

  	
  GA00388

  	
   

  	
  Medlock
  Bridge Branch

  	
   

  	
  9600
  Medlock Bridge Road

  	
   

  	
  Duluth

  	
   

  	
  GA

  	
   

  	
  30097

  	
   

  	
  Fulton

  	
   

  	
  5,942

  	
   

  
	
  7

  	
   

  	
  GA00502

  	
   

  	
  Peach
  Orchard Office

  	
   

  	
  2625
  Peach Orchard Road

  	
   

  	
  Augusta

  	
   

  	
  GA

  	
   

  	
  30906

  	
   

  	
  Richmond

  	
   

  	
  5,937

  	
   

  
	
  7

  	
   

  	
  GA00739

  	
   

  	
  Prince
  Avenue Office

  	
   

  	
  1022
  Prince Avenue

  	
   

  	
  Athens

  	
   

  	
  GA

  	
   

  	
  30606

  	
   

  	
  Clarke

  	
   

  	
  5,960

  	
   

  
	
  7

  	
   

  	
  NC00166

  	
   

  	
  NCF:
  North Harrison

  	
   

  	
  950
  N Harrison Avenue

  	
   

  	
  Cary

  	
   

  	
  NC

  	
   

  	
  27513

  	
   

  	
  Wake

  	
   

  	
  3,500

  	
   

  
	
  7

  	
   

  	
  NC00297

  	
   

  	
  NCF:
  Cannon Blvd

  	
   

  	
  970
  S Cannon Blvd

  	
   

  	
  Kannapolis

  	
   

  	
  NC

  	
   

  	
  28083

  	
   

  	
  Cabarrus

  	
   

  	
  6,094

  	
   

  
	
  7

  	
   

  	
  NC00356

  	
   

  	
  NCF:
  South Madison

  	
   

  	
  207
  S Madison Blvd

  	
   

  	
  Roxboro

  	
   

  	
  NC

  	
   

  	
  27573

  	
   

  	
  Person

  	
   

  	
  4,500

  	
   

  
	
  7

  	
   

  	
  TN00166

  	
   

  	
  West
  End Branch

  	
   

  	
  1715
  West End Avenue

  	
   

  	
  Nashville

  	
   

  	
  TN

  	
   

  	
  37203

  	
   

  	
  Davidson

  	
   

  	
  3,000

  	
   

  
	
  7

  	
   

  	
  TN00268

  	
   

  	
  St.
  Elmo Branch

  	
   

  	
  3734
  St. Elmo Avenue

  	
   

  	
  Chattanooga

  	
   

  	
  TN

  	
   

  	
  37409

  	
   

  	
  Hamilton

  	
   

  	
  6,552

  	
   

  
	
  7

  	
   

  	
  VA00478

  	
   

  	
  Northwest

  	
   

  	
  2230
  Melrose Avenue N.W.

  	
   

  	
  Roanoke

  	
   

  	
  VA

  	
   

  	
  24017

  	
   

  	
  City
  of Roanoke

  	
   

  	
  2,138

  	
   

  
	
  7

  	
   

  	
  VA00553

  	
   

  	
  Westgate

  	
   

  	
  7915
  Sudley Rd

  	
   

  	
  Manassas

  	
   

  	
  VA

  	
   

  	
  22110

  	
   

  	
  City
  of Manassas

  	
   

  	
  5,500

  	
   

  
	
  7

  	
   

  	
  VA00557

  	
   

  	
  Nassawadox

  	
   

  	
  10233
  Rogers Road

  	
   

  	
  Nassawadox

  	
   

  	
  VA

  	
   

  	
  23413

  	
   

  	
  Northampton

  	
   

  	
  1,822

  	
   

  
	
  12

  	
   

  	
  GA00499

  	
   

  	
  Walton
  Way Office

  	
   

  	
  1602
  Walton Way

  	
   

  	
  Augusta

  	
   

  	
  GA

  	
   

  	
  30904

  	
   

  	
  Richmond

  	
   

  	
  2,892

  	
   

  
	
  12

  	
   

  	
  GA00711

  	
   

  	
  Brunswick
  Main Office

  	
   

  	
  510
  Glouchester Street

  	
   

  	
  Brunswick

  	
   

  	
  GA

  	
   

  	
  31520

  	
   

  	
  Glynn

  	
   

  	
  29,352

  	
   

  
	
  12

  	
   

  	
  MD00315

  	
   

  	
  Bladensburg

  	
   

  	
  4805
  Annapolis Road

  	
   

  	
  Bladensburg

  	
   

  	
  MD

  	
   

  	
  20710

  	
   

  	
  Prince
  Georges

  	
   

  	
  4,800

  	
   

  
	
  12

  	
   

  	
  NC00169

  	
   

  	
  NCF:
  Chapel Hill Blvd

  	
   

  	
  1775
  Dobbins Drive

  	
   

  	
  Chapel
  Hill

  	
   

  	
  NC

  	
   

  	
  27514

  	
   

  	
  Orange

  	
   

  	
  2,464

  	
   

  
	
  12

  	
   

  	
  NC00211

  	
   

  	
  NCF:
  Denton

  	
   

  	
  71
  N Main Street

  	
   

  	
  Denton

  	
   

  	
  NC

  	
   

  	
  27239

  	
   

  	
  Davidson

  	
   

  	
  4,620

  	
   

  
	
  12

  	
   

  	
  NC00298

  	
   

  	
  NCF:
  Kernersville

  	
   

  	
  1000
  S Main Street

  	
   

  	
  Kernersville

  	
   

  	
  NC

  	
   

  	
  27285

  	
   

  	
  Forsyth

  	
   

  	
  3,400

  	
   

  
	
  12

  	
   

  	
  NC00308

  	
   

  	
  NCF:
  Mocksville-Water St

  	
   

  	
  148
  Water St

  	
   

  	
  Mocksville

  	
   

  	
  NC

  	
   

  	
  27028

  	
   

  	
  Davie

  	
   

  	
  3,840

  	
   

  
	
  12

  	
   

  	
  NC00347

  	
   

  	
  NCF:
  Harps Mill

  	
   

  	
  7029
  Harps Mill Road

  	
   

  	
  Raleigh

  	
   

  	
  NC

  	
   

  	
  27615

  	
   

  	
  Wake

  	
   

  	
  5,685

  	
   

  
	
  12

  	
   

  	
  NC00395

  	
   

  	
  NCF:
  Youngsville

  	
   

  	
  110
  S College St

  	
   

  	
  Youngsville

  	
   

  	
  NC

  	
   

  	
  27596

  	
   

  	
  Franklin

  	
   

  	
  1,400

  	
   

  
	
  12

  	
   

  	
  TN00289

  	
   

  	
  East
  Third Street Branch

  	
   

  	
  2201
  East Third Street

  	
   

  	
  Chattanooga

  	
   

  	
  TN

  	
   

  	
  37404

  	
   

  	
  Hamilton

  	
   

  	
  3,125

  	
   

  
	
  12

  	
   

  	
  VA00176

  	
   

  	
  Mechanicsville

  	
   

  	
  8028
  Mechanicsville Pike

  	
   

  	
  Mechanicsville

  	
   

  	
  VA

  	
   

  	
  23111

  	
   

  	
  Hanover

  	
   

  	
  4,042

  	
   

  
	
  12

  	
   

  	
  VA00179

  	
   

  	
  Beaverdam

  	
   

  	
  16186
  Beaverdam School Road

  	
   

  	
  Beaverdam

  	
   

  	
  VA

  	
   

  	
  23015

  	
   

  	
  Spotsylvania

  	
   

  	
  2,447

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"}]]