Document:

EXHIBIT
10.173

 

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 IA BRANCH PORTFOLIO,
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:

  	
  IA BRANCH
  PORTFOLIO, 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

  	
   

  
	
  8

  	
   

  	
  GA00460

  	
   

  	
  Jonesboro
  Branch

  	
   

  	
  139
  North Main Street

  	
   

  	
  Jonesboro

  	
   

  	
  GA

  	
   

  	
  30236

  	
   

  	
  Clayton

  	
   

  	
  9,385

  	
   

  
	
  8

  	
   

  	
  GA00477

  	
   

  	
  Terrell
  Mill Branch

  	
   

  	
  1380
  Powers Ferry Road

  	
   

  	
  Marietta

  	
   

  	
  GA

  	
   

  	
  30067

  	
   

  	
  Cobb

  	
   

  	
  4,869

  	
   

  
	
  8

  	
   

  	
  GA00500

  	
   

  	
  Forest
  Hills Office

  	
   

  	
  2815
  Wrightsboro Road

  	
   

  	
  Augusta

  	
   

  	
  GA

  	
   

  	
  30909

  	
   

  	
  Richmond

  	
   

  	
  3,271

  	
   

  
	
  8

  	
   

  	
  GA00687

  	
   

  	
  Gillionville
  Branch

  	
   

  	
  1100
  Gillionville Road

  	
   

  	
  Albany

  	
   

  	
  GA

  	
   

  	
  31707

  	
   

  	
  Dougherty

  	
   

  	
  5,655

  	
   

  
	
  8

  	
   

  	
  MD00295

  	
   

  	
  Chestertown

  	
   

  	
  611
  Washington Ave

  	
   

  	
  Chestertown

  	
   

  	
  MD

  	
   

  	
  21620

  	
   

  	
  Kent

  	
   

  	
  1,784

  	
   

  
	
  8

  	
   

  	
  NC00268

  	
   

  	
  NCF:
  Battleground

  	
   

  	
  3227
  Battleground Avenue

  	
   

  	
  Greensboro

  	
   

  	
  NC

  	
   

  	
  27408

  	
   

  	
  Guilford

  	
   

  	
  2,464

  	
   

  
	
  8

  	
   

  	
  NC00309

  	
   

  	
  NCF:
  Charlotte Ave

  	
   

  	
  1908
  Old Charlotte Hwy

  	
   

  	
  Monroe

  	
   

  	
  NC

  	
   

  	
  28110

  	
   

  	
  Union

  	
   

  	
  3,300

  	
   

  
	
  8

  	
   

  	
  TN00182

  	
   

  	
  Hermitage
  Branch

  	
   

  	
  4809
  Old Hickory Boulevard

  	
   

  	
  Nashville

  	
   

  	
  TN

  	
   

  	
  37076

  	
   

  	
  Davidson

  	
   

  	
  3,420

  	
   

  
	
  8

  	
   

  	
  TN00186

  	
   

  	
  Priest
  Lake Branch

  	
   

  	
  2509
  Murfreesboro Pike

  	
   

  	
  Nashville

  	
   

  	
  TN

  	
   

  	
  37217

  	
   

  	
  Davidson

  	
   

  	
  4,500

  	
   

  
	
  8

  	
   

  	
  TN00215

  	
   

  	
  Northside
  Branch

  	
   

  	
  104
  Heritage Park Drive

  	
   

  	
  Murfreesboro

  	
   

  	
  TN

  	
   

  	
  37219

  	
   

  	
  Rutherford

  	
   

  	
  4,000

  	
   

  
	
  8

  	
   

  	
  TN00285

  	
   

  	
  Red
  Bank Branch

  	
   

  	
  3513
  Dayton Boulevard

  	
   

  	
  Chattanooga

  	
   

  	
  TN

  	
   

  	
  37415

  	
   

  	
  Hamilton

  	
   

  	
  4,936

  	
   

  
	
  8

  	
   

  	
  VA00190

  	
   

  	
  Regency

  	
   

  	
  1500
  Parham Road

  	
   

  	
  Richmond

  	
   

  	
  VA

  	
   

  	
  23229

  	
   

  	
  Henrico

  	
   

  	
  4,920

  	
   

  
	
  8

  	
   

  	
  VA00350

  	
   

  	
  Lee-Old
  Dominion

  	
   

  	
  4710
  Lee Highway

  	
   

  	
  Arlington

  	
   

  	
  VA

  	
   

  	
  22207

  	
   

  	
  Arlington

  	
   

  	
  2,100

  	
   

  
	
  9

  	
   

  	
  GA00334

  	
   

  	
  Chattahoochee
  Branch

  	
   

  	
  1221
  Chattahoochee Avenue, NW

  	
   

  	
  Atlanta

  	
   

  	
  GA

  	
   

  	
  30318

  	
   

  	
  Fulton

  	
   

  	
  3,994

  	
   

  
	
  9

  	
   

  	
  GA00455

  	
   

  	
  Honey
  Creek Branch

  	
   

  	
  3590
  Highway 20 South

  	
   

  	
  Conyers

  	
   

  	
  GA

  	
   

  	
  30013

  	
   

  	
  Rockdale

  	
   

  	
  3,191

  	
   

  
	
  9

  	
   

  	
  GA00658

  	
   

  	
  Vineville
  Office

  	
   

  	
  3201
  Vineville Avenue

  	
   

  	
  Macon

  	
   

  	
  GA

  	
   

  	
  31204

  	
   

  	
  Bibb

  	
   

  	
  3,106

  	
   

  
	
  9

  	
   

  	
  GA00798

  	
   

  	
  Windward
  McGinnis

  	
   

  	
  5150
  McGinnis Ferry Road

  	
   

  	
  Alpharetta

  	
   

  	
  GA

  	
   

  	
  30005

  	
   

  	
  Fulton

  	
   

  	
  4,758

  	
   

  
	
  9

  	
   

  	
  NC00256

  	
   

  	
  NCF:
  Erwin

  	
   

  	
  101
  N 13th Street

  	
   

  	
  Erwin

  	
   

  	
  NC

  	
   

  	
  28339

  	
   

  	
  Harnett

  	
   

  	
  2,800

  	
   

  
	
  9

  	
   

  	
  TN00238

  	
   

  	
  Industrial
  Park Branch

  	
   

  	
  2021
  North Locust

  	
   

  	
  Lawrenceburg

  	
   

  	
  TN

  	
   

  	
  38464

  	
   

  	
  Lawrence

  	
   

  	
  3,091

  	
   

  
	
  9

  	
   

  	
  TN00319

  	
   

  	
  Jonesborough
  Facility

  	
   

  	
  401
  Jackson Boulevard

  	
   

  	
  Jonesborough

  	
   

  	
  TN

  	
   

  	
  37659

  	
   

  	
  Washington

  	
   

  	
  1,850

  	
   

  
	
  9

  	
   

  	
  TN00385

  	
   

  	
  Lake
  City Facility

  	
   

  	
  506
  South Main Street

  	
   

  	
  Lake
  City

  	
   

  	
  TN

  	
   

  	
  37769

  	
   

  	
  Anderson

  	
   

  	
  4,500

  	
   

  
	
  9

  	
   

  	
  VA00197

  	
   

  	
  Tuckernuck

  	
   

  	
  9072
  W. Broad Street

  	
   

  	
  Richmond

  	
   

  	
  VA

  	
   

  	
  23229

  	
   

  	
  Henrico

  	
   

  	
  3,588

  	
   

  
	
  9

  	
   

  	
  VA00513

  	
   

  	
  Franklin

  	
   

  	
  117
  W. Second Avenue

  	
   

  	
  Franklin

  	
   

  	
  VA

  	
   

  	
  23851

  	
   

  	
  City
  of Franklin

  	
   

  	
  4,690EXHIBIT
10.174

 

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 #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
  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

  	
   

  	
  State

  	
   

  	
  Zip

  	
   

  	
  County

  	
   

  	
  Bldg

  SF

  
	
  5

  	
   

  	
  FL00242

  	
   

  	
  River Crossing Branch

  	
   

  	
  5412 Little Road

  	
   

  	
  New Port Richey

  	
   

  	
  FL

  	
   

  	
  34655-1103

  	
   

  	
  Pasco

  	
   

  	
  4,400

  
	
  5

  	
   

  	
  FL00270

  	
   

  	
  Beverly Hills - Black
  Diamond

  	
   

  	
  3643 North Lecanto
  Highway

  	
   

  	
  Beverly Hills

  	
   

  	
  FL

  	
   

  	
  34465

  	
   

  	
  Citrus

  	
   

  	
  4,800

  
	
  5

  	
   

  	
  FL00287

  	
   

  	
  San Jose Office

  	
   

  	
  6375 St. Augustine Road

  	
   

  	
  Jacksonville

  	
   

  	
  FL

  	
   

  	
  32217

  	
   

  	
  Duval

  	
   

  	
  3,400

  
	
  5

  	
   

  	
  FL00957

  	
   

  	
  Wildwood Branch

  	
   

  	
  406 South Main Street

  	
   

  	
  Wildwood

  	
   

  	
  FL

  	
   

  	
  34785

  	
   

  	
  Sumter

  	
   

  	
  3,522

  
	
  5

  	
   

  	
  FL01016

  	
   

  	
  Lake Placid Branch

  	
   

  	
  611 Interlake Boulevard

  	
   

  	
  Lake Placid

  	
   

  	
  FL

  	
   

  	
  33852

  	
   

  	
  Highlands

  	
   

  	
  4,536

  
	
  5

  	
   

  	
  FL01027

  	
   

  	
  Haines City Branch

  	
   

  	
  99 Highway 17-92 West

  	
   

  	
  Haines City

  	
   

  	
  FL

  	
   

  	
  33844

  	
   

  	
  Polk

  	
   

  	
  4,413

  
	
  5

  	
   

  	
  FL01055

  	
   

  	
  Northgate Branch

  	
   

  	
  201 E International
  Speedway Blvd

  	
   

  	
  Deland

  	
   

  	
  FL

  	
   

  	
  32724

  	
   

  	
  Volusia

  	
   

  	
  4,200

  
	
  5

  	
   

  	
  FL01084

  	
   

  	
  North Miami Beach Office

  	
   

  	
  1576 Northeast 163rd
  Street

  	
   

  	
  North Miami Beach

  	
   

  	
  FL

  	
   

  	
  33162

  	
   

  	
  Dade

  	
   

  	
  2,600

  
	
  5

  	
   

  	
  FL01304

  	
   

  	
  Riverdale-Ft Myers

  	
   

  	
  14490 South Palm Beach
  Blvd

  	
   

  	
  Fort Myers

  	
   

  	
  FL

  	
   

  	
  33905

  	
   

  	
  Lee

  	
   

  	
  3,307

  
	
  6

  	
   

  	
  FL00155

  	
   

  	
  Bartow Branch

  	
   

  	
  255 West Main Street

  	
   

  	
  Bartow

  	
   

  	
  FL

  	
   

  	
  33830

  	
   

  	
  Polk

  	
   

  	
  2,680

  
	
  6

  	
   

  	
  FL01022

  	
   

  	
  Bloomingdale Office

  	
   

  	
  3511 Bell Shoals Road

  	
   

  	
  Valrico

  	
   

  	
  FL

  	
   

  	
  33594

  	
   

  	
  Hillsborough

  	
   

  	
  2,845

  
	
  6

  	
   

  	
  FL01085

  	
   

  	
  International Mall
  Office

  	
   

  	
  10690 Northwest 12th
  Street

  	
   

  	
  Miami

  	
   

  	
  FL

  	
   

  	
  33172

  	
   

  	
  Dade

  	
   

  	
  5,146

  
	
  6

  	
   

  	
  FL01129

  	
   

  	
  Punta Gorda Office

  	
   

  	
  1225 South Tamiami Trail

  	
   

  	
  Punta Gorda

  	
   

  	
  FL

  	
   

  	
  33950

  	
   

  	
  Charlotte

  	
   

  	
  5,923

  
	
  6

  	
   

  	
  FL01152

  	
   

  	
  Eastwood Branch

  	
   

  	
  1999 South Alafaya Trail

  	
   

  	
  Orlando

  	
   

  	
  FL

  	
   

  	
  32828-8732

  	
   

  	
  Orange

  	
   

  	
  5,330

  
	
  6

  	
   

  	
  FL01335

  	
   

  	
  Sun City Center Office

  	
   

  	
  1525 Rickenbacker Drive

  	
   

  	
  Sun City Center

  	
   

  	
  FL

  	
   

  	
  33573

  	
   

  	
  Hillsborough

  	
   

  	
  11,000

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"}]]