Excelsior Lasalle Property Fund Inc Sample Contracts

SECOND AMENDED AND RESTATED CREDIT AGREEMENT, dated as of May 24, 2021, among JONES LANG LASALLE INCOME PROPERTY TRUST, INC. and JLLIPT HOLDINGS LP, as Borrowers, The LENDERS Party Hereto, JPMORGAN CHASE BANK, N.A. as Administrative Agent, JPMORGAN...
Credit Agreement • May 28th, 2021 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • New York

SCHEDULE I - Commitments SCHEDULE II - Initial Guarantors SCHEDULE III - Subsidiaries SCHEDULE IV - List of Funding Agreements and Other Credit Agreements

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CREDIT AGREEMENT, dated as of May 26, 2017, among JONES LANG LASALLE INCOME PROPERTY TRUST, INC., as Borrower, The LENDERS Party Hereto, JPMORGAN CHASE BANK, N.A. as Administrative Agent, JPMORGAN CHASE BANK, N.A. as Sole Bookrunner, BANK OF AMERICA,...
Credit Agreement • June 2nd, 2017 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • New York

Exhibit I-1 - Form of U.S. Tax Compliance Certificate (For Non-U.S. Lenders that are not Partnerships for U.S. Federal Income Tax Purposes

THIRD AMENDED AND RESTATED ADVISORY AGREEMENT
Advisory Agreement • April 2nd, 2018 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • Maryland

THIS THIRD AMENDED AND RESTATED ADVISORY AGREEMENT (this “Agreement”), dated as of April 1, 2018 (the “Effective Date”), is by and among Jones Lang LaSalle Income Property Trust, Inc., a Maryland corporation (the “Company”), JLLIPT Holdings LP, a Delaware limited partnership (the “Operating Partnership”) and LaSalle Investment Management, Inc., a Maryland corporation (the “Advisor” and together with the Company and the Operating Partnership, the “Parties”). Capitalized terms used herein shall have the meanings ascribed to them in Section 1 below.

THIRD AMENDED AND RESTATED CREDIT AGREEMENT, dated as of April 28, 2022, among JONES LANG LASALLE INCOME PROPERTY TRUST, INC. and JLLIPT HOLDINGS LP, as Borrowers, The LENDERS Party Hereto, JPMORGAN CHASE BANK, N.A. as Administrative Agent, BANK OF...
Credit Agreement • May 4th, 2022 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • New York

EXHIBIT A-2 - Form of Term Loan Note EXHIBIT B - [Reserved] EXHIBIT C - Form of Assignment and Assumption EXHIBIT D - Form of Compliance Certificate, together with Schedule 1 (Form of

DEALER MANAGER AGREEMENT JONES LANG LASALLE INCOME PROPERTY TRUST, INC. Continuous Public Offering of Shares of Common Stock, $0.01 par value per share Dated: January 5, 2015
Dealer Manager Agreement • January 5th, 2015 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • Illinois

Subject to the terms described herein, as of the Effective Date (as defined below) of the Registration Statement (as defined below) for the Current Offering (as defined below) LaSalle Investment Management Distributors, LLC shall serve as the dealer manager (the “Dealer Manager”) for Jones Lang LaSalle Income Property Trust, Inc., a Maryland corporation (the “Company”), in connection with (1) the distribution, on a “best efforts” basis, of the shares of the Company’s common stock, $0.01 par value per share (the “Common Stock”), being offered to the public pursuant to the Registration Statement on Form S-11 (No. 333-196886), on file with the U. S. Securities and Exchange Commission (the “Current Offering”), consisting of (a) a primary offering; and (b) shares of Common Stock being offered to stockholders of the Company pursuant to the Company’s distribution reinvestment plan (the “DRIP”); and (2) the distribution, on a “best efforts” basis, of shares of any class of Common Stock offered

SECOND AMENDED AND RESTATED ADVISORY AGREEMENT BETWEEN JONES LANG LASALLE INCOME PROPERTY TRUST, INC. AND LASALLE INVESTMENT MANAGEMENT, INC.
Advisory Agreement • June 9th, 2014 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • Maryland

THIS SECOND AMENDED AND RESTATED ADVISORY AGREEMENT (this “Agreement”), dated as of June 5, 2014 (the “Effective Date”), is by and between Jones Lang LaSalle Income Property Trust, Inc., a Maryland corporation (the “Company”), and LaSalle Investment Management, Inc., a Maryland corporation (the “Advisor” and together with the Company, the “Parties”). Capitalized terms used herein shall have the meanings ascribed to them in Section 1 below.

EXCELSIOR LASALLE PROPERTY FUND, INC. SUBSCRIPTION AGREEMENT EXCELSIOR LASALLE PROPERTY FUND, INC. SUBSCRIPTION INSTRUCTIONS
Subscription Agreement • March 7th, 2008 • Excelsior Lasalle Property Fund Inc • Real estate investment trusts • Maryland

This Subscription Agreement (the “Subscription Agreement”) contains representations, warranties and agreements which must be made by you if you wish to invest in Excelsior LaSalle Property Fund, Inc. (the “Fund”). You should consult with an attorney, accountant, investment advisor or other advisor regarding an investment in the Fund and its suitability for you. This Subscription Agreement should be reviewed simultaneously with your completion and execution of the Subscription Booklet of the Fund which is included in this package (the “Subscription Booklet” and together with the Subscription Agreement, the “Subscription Documents”). All Subscription Documents must be completed correctly and thoroughly or they will not be accepted. If you wish to invest, please complete, sign and return the Subscription Booklet and retain the Fund’s confidential private offering memorandum (the “Memorandum”) and this Subscription Agreement.

FOURTH Amended and Restated LIMITED PARTNERSHIP AGREEMENT OF JLLIPT Holdings LP A DELAWARE LIMITED PARTNERSHIP DECEMBER 15, 2020
Limited Partnership Agreement • March 12th, 2021 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • Delaware

THE SECURITIES EVIDENCED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION, UNLESS IN THE OPINION OF COUNSEL SATISFACTORY TO THE PARTNERSHIP, THE PROPOSED SALE, TRANSFER OR OTHER DISPOSITION MAY BE EFFECTED WITHOUT REGISTRATION UNDER THE SECURITIES ACT AND UNDER APPLICABLE STATE SECURITIES OR “BLUE SKY” LAWS.

EXCELSIOR LASALLE PROPERTY FUND, INC. EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT
Limitation and Reimbursement Agreement • March 7th, 2008 • Excelsior Lasalle Property Fund Inc • Real estate investment trusts • New York

This EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT (this “Agreement”) is made as of the 18th day of December 2007 by and between Excelsior LaSalle Property Fund, Inc., a Maryland corporation (the “Fund”) and UST Advisers, Inc., a Delaware Corporation (the “Manager”).

SECOND AMENDMENT TO DEALER MANAGER AGREEMENT
Dealer Manager Agreement • April 2nd, 2018 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts

THIS SECOND AMENDMENT TO DEALER MANAGER AGREEMENT (this “Amendment”) dated April 2, 2018 (the “Amendment Date”) is entered into by and among LaSalle Investment Management Distributors, LLC (the “Dealer Manager”), Jones Lang LaSalle Income Property Trust, Inc. (the “Company”), and JLLIPT Holdings LP, a Delaware limited partnership (the “Operating Partnership”). Capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Agreement (as defined below) as amended hereby.

PURCHASE AGREEMENT
Purchase Agreement • March 10th, 2016 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • Hawaii

THIS PURCHASE AGREEMENT (this “Agreement”) is made as of December 22, 2015 (the “Effective Date”), by and between W-ADP MAUI VII, L.L.C., a Delaware limited liability company (“Seller”), and LIPT EAST KAAHUMANU AVENUE, LLC, a Delaware limited liability company (“Buyer”).

REAL ESTATE PURCHASE AND SALE AGREEMENT AMONG CABANA BEACH OF SAN MARCOS, L.P. AND CABANA SOUTH BEACH APARTMENTS LP (as Seller) AND EXCELSIOR LASALLE PROPERTY FUND, INC. (as Purchaser) CONCERNING CERTAIN PROPERTY COMMONLY KNOWN AS CABANA BEACH...
Real Estate Purchase and Sale Agreement • November 7th, 2007 • Excelsior Lasalle Property Fund Inc • Real estate investment trusts • Florida

THIS REAL ESTATE PURCHASE AND SALE AGREEMENT (this “Agreement”) is entered into as of the Effective Date (defined below) by and among CABANA BEACH OF SAN MARCOS, L.P., a Delaware limited partnership, and CABANA SOUTH BEACH APARTMENTS LP, a Delaware limited partnership ( (individually and collectively, as the context shall require, the “Seller”), and EXCELSIOR LASALLE PROPERTY FUND, INC., a Maryland corporation (the “Purchaser”), and is joined in by the Title Company (defined below) in accordance with Schedule 3.1.

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • March 15th, 2010 • Excelsior Lasalle Property Fund Inc • Real estate investment trusts • New York

THIS INVESTMENT ADVISORY AGREEMENT (this “Agreement”), is entered into as of December 23, 2004, by and between EXCELSIOR LASALLE PROPERTY FUND, INC., a Maryland corporation (the “Fund”), U.S. TRUST COMPANY, N.A., a California corporation and national bank acting through its investment advisory division, U.S. Trust Company, N.A. Asset Management Division (the “Manager”), and LaSALLE INVESTMENT MANAGEMENT, INC., a Maryland corporation (the “Advisor”). Capitalized terms not otherwise defined shall have the meanings set forth in Exhibit A attached hereto.

AMENDED AND RESTATED MANAGEMENT AGREEMENT
Management Agreement • March 7th, 2008 • Excelsior Lasalle Property Fund Inc • Real estate investment trusts • New York

THIS AMENDED AND RESTATED MANAGEMENT AGREEMENT (this “Agreement”) is entered into as of the 19th day of June 2007, by and between Excelsior LaSalle Property Fund, Inc., a Maryland corporation (the “Fund”), and UST Advisers, Inc., a Delaware corporation (the “Manager”).

EXCELSIOR LASALLE PROPERTY FUND, INC. EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT
Limitation and Reimbursement Agreement • January 8th, 2010 • Excelsior Lasalle Property Fund Inc • Real estate investment trusts • New York

This EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT (this “Agreement”) is made as of the 7th day of January, 2010 by and between Excelsior LaSalle Property Fund, Inc., a Maryland corporation (the “Fund”) and Bank of America Capital Advisors LLC, a Delaware limited liability company (the “Manager”).

FIRST AMENDMENT TO REAL ESTATE PURCHASE AND SALE AGREEMENT
Real Estate Purchase and Sale Agreement • November 7th, 2007 • Excelsior Lasalle Property Fund Inc • Real estate investment trusts

THIS FIRST AMENDMENT TO REAL ESTATE PURCHASE AND SALE AGREEMENT (this “Amendment”) is made and entered into as of the 1st of October, 2007, by and between CABANA BEACH OF SAN MARCOS, L.P., a Delaware limited partnership, and CABANA SOUTH BEACH APARTMENTS LP, a Delaware limited partnership (collectively, “Seller”), and EXCELSIOR LASALLE PROPERTY FUND, INC., a Maryland corporation (“Purchaser”).

PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • March 10th, 2016 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts

THIS PURCHASE AND SALE AGREEMENT (this “Agreement”), dated as of the Effective Date, is made by and between Seller and Purchaser. Capitalized terms used and not defined this Agreement shall have the meanings ascribed to such terms on Exhibit 1 attached hereto.

LaSalle Investment Management, Inc. Chicago, Illinois 60601
Excelsior Lasalle Property Fund Inc • April 28th, 2006

Reference is made to that certain Investment Advisory Agreement (the “Advisory Agreement”), of even date herewith, by and among Excelsior LaSalle Property Fund, Inc., a Maryland corporation (the “Fund”), U.S. Trust Company, N.A., a California corporation and national bank (the “Manager”), and LaSalle Investment Management, Inc., a Maryland corporation (the “Advisor”). Unless otherwise defined in Section 6 below or elsewhere in this letter agreement (this “Letter Agreement”), capitalized terms used herein shall have the meanings set forth in the Advisory Agreement. In consideration of each party’s agreement to enter into the Advisory Agreement, the parties hereby agree as follows:

LICENSE AGREEMENT
License Agreement • November 14th, 2011 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • Maryland

THIS LICENSE AGREEMENT (this “Agreement”) is made and entered into as of November 14, 2011 (the “Effective Date”), by and between Jones Lang LaSalle IP, Inc., a Delaware corporation (“Licensor”), and Jones Lang LaSalle Income Property Trust, Inc., a Maryland corporation (“Licensee”), with reference to the trademarks and trade names “JLL”, “Jones Lang LaSalle”, “LaSalle” and “LaSalle Investment Management” (each a “Mark” and collectively, the “Marks”).

Re: Subscription Agreement for the Purchase of Undesignated Shares of Common Stock
Jones Lang LaSalle Income Property Trust, Inc. • August 9th, 2012 • Real estate investment trusts • Maryland

The undersigned, LIC II Solstice Holdings, LLC, as of the 8th day of August 2012 (the “Purchase Date”), subscribes for and agrees to purchase $50,000,000 of the currently undesignated shares of the common stock, $0.01 par value (the “Existing Shares”), of Jones Lang LaSalle Income Property Trust, Inc. (the “Corporation”), pursuant to the terms and conditions of this Subscription Agreement. Upon the proper filing with the Maryland State Department of Assessments and Taxation (“SDAT”) of the Second Articles of Amendment and Restatement of the Corporation (the “Second Amended and Restated Charter”), in the form filed as Appendix A to the Definitive Proxy Statement filed with the Securities and Exchange Commission (the “SEC”) on May 29, 2012, the Existing Shares will change into Class E shares of common stock, $0.01 par value (the “Class E Shares”, and together with the Existing Shares, the “Shares”). The Class E Shares shall subsequently convert into Class M shares of common stock, $0.01

FORM OF THIRD AMENDED AND RESTATED ADVISORY AGREEMENT AMONG JONES LANG LASALLE INCOME PROPERTY TRUST, INC., JLLIPT HOLDINGS LP AND LASALLE INVESTMENT MANAGEMENT, INC.
Advisory Agreement • January 12th, 2018 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • Maryland

THIS FORM OF THIRD AMENDED AND RESTATED ADVISORY AGREEMENT (this “Agreement”), dated as of [ ], 2018 (the “Effective Date”), is by and among Jones Lang LaSalle Income Property Trust, Inc., a Maryland corporation (the “Company”), JLLIPT Holdings LP, a Delaware limited partnership (the “Operating Partnership”) and LaSalle Investment Management, Inc., a Maryland corporation (the “Advisor” and together with the Company and the Operating Partnership, the “Parties”). Capitalized terms used herein shall have the meanings ascribed to them in Section 1 below.

FOURTH AMENDED AND RESTATED ADVISORY AGREEMENT
Advisory Agreement • October 16th, 2019 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • Maryland

THIS FOURTH AMENDED AND RESTATED ADVISORY AGREEMENT (this “Agreement”), dated as of October 16, 2019 (the “Effective Date”), is by and among Jones Lang LaSalle Income Property Trust, Inc., a Maryland corporation (the “Company”), JLLIPT Holdings LP, a Delaware limited partnership (the “Operating Partnership”) and LaSalle Investment Management, Inc., a Maryland corporation (the “Advisor” and together with the Company and the Operating Partnership, the “Parties”). Capitalized terms used herein shall have the meanings ascribed to them in Section 1 below.

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LaSalle Investment Management, Inc. 200 East Randolph Drive Chicago, Illinois 60601
Excelsior Lasalle Property Fund Inc • March 15th, 2010 • Real estate investment trusts
CONTRIBUTION AND ASSIGNMENT AGREEMENT
Contribution and Assignment Agreement • April 2nd, 2018 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • Maryland

THIS CONTRIBUTION AND ASSIGNMENT AGREEMENT (this “Agreement”) is entered into as of April 1, 2018 by and among Jones Lang LaSalle Income Property Trust, Inc., a Maryland corporation (the “Company”) and JLLIPT Holdings LP, a Delaware limited partnership (the “Operating Partnership”).

LIMITED LIABILITY COMPANY INTEREST PURCHASE AND SALE AGREEMENT
Limited Liability Company Interest Purchase and Sale Agreement • November 10th, 2021 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • Delaware

AGREEMENT (this “Agreement”), dated as of August 5, 2021 (“Effective Date”), is made and entered into by and among each of the sellers listed on Exhibit C to this Agreement (“VI Seller” and “Co-Invest Seller” and collectively, on a joint and several basis, “Seller”) and the purchaser listed on Exhibit C to this Agreement (“Purchaser”). Escrow Agent joins herein as escrow agent and for the purposes set forth herein. Seller and Purchaser are sometimes referred to herein collectively as the “Parties” and individually as a “Party.”

MANAGEMENT AGREEMENT AND EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT ASSUMPTION AGREEMENT
Management Agreement and Expense Limitation And • April 28th, 2006 • Excelsior Lasalle Property Fund Inc

This assumption agreement (the “Agreement”) is effective as of the 16th day of December, 2005 (the “Effective Date”) by and between UST Advisers, Inc., a Delaware corporation (“USTA”), U.S. Trust Company, National Association, a national bank organized under the laws of the United States (“UST-NA”) and Excelsior LaSalle Property Fund, Inc., a Maryland corporation (the “Fund”).

THIRD AMENDMENT TO DEALER MANAGER AGREEMENT
Dealer Manager Agreement • April 2nd, 2018 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts

THIS THIRD AMENDMENT TO DEALER MANAGER AGREEMENT (this “Amendment”) dated April 2, 2018 (the “Amendment Date”) is entered into by and between LaSalle Investment Management Distributors, LLC (the “Dealer Manager”) and Jones Lang LaSalle Income Property Trust, Inc. (the “Company”). Capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Agreement (as defined below) as amended hereby.

INVESTMENT ADVISORY AGREEMENT ASSUMPTION AGREEMENT
Investment Advisory Agreement Assumption Agreement • April 28th, 2006 • Excelsior Lasalle Property Fund Inc

This assumption agreement (the “Agreement”) is effective as of the 16th day of December, 2005 (the “Effective Date”) by and between UST Advisers, Inc., a Delaware corporation (“USTA”), U.S. Trust Company, National Association, a national bank organized under the laws of the United States (“UST-NA”), LaSalle Investment Management, Inc., a Maryland corporation (the “Adviser”) and Excelsior LaSalle Property Fund, Inc., a Maryland corporation (the “Fund”).

AMENDED AND RESTATED DEALER MANAGER AGREEMENT JONES LANG LASALLE INCOME PROPERTY TRUST, INC. Continuous Public Offering of Shares of Common Stock, $0.01 par value per share Dated: March 9, 2021
Dealer Manager Agreement • May 6th, 2021 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • Illinois

Subject to the terms described herein, as of the Effective Date (as defined below) of the Registration Statement (as defined below) for the Current Offering (as defined below), LaSalle Investment Management Distributors, LLC shall serve as the dealer manager (the “Dealer Manager”) for Jones Lang LaSalle Income Property Trust, Inc. (the “Company”), in connection with (1) the distribution, on a “best efforts” basis, of the shares of the Company’s common stock, $0.01 par value per share (the “Common Stock”), being offered to the public pursuant to the Registration Statement on Form S-11 (No. 333-196886) on file with the U. S. Securities and Exchange Commission (the “Current Offering”) , consisting of (a) a primary offering; and (b) shares of Common Stock being offered to stockholders of the Company pursuant to the Company’s distribution reinvestment plan (the “DRIP”); and (2) the distribution, on a “best efforts” basis, of shares of any class of Common Stock offered from time to time here

FORM OF VALUATION SERVICES AGREEMENT BETWEEN JONES LANG LASALLE INCOME PROPERTY TRUST, INC. AND REAL ESTATE RESEARCH CORPORATION
Valuation Services Agreement • November 14th, 2011 • Jones Lang LaSalle Income Property Trust, Inc. • Real estate investment trusts • Illinois

THIS VALUATION SERVICES AGREEMENT (this “Agreement”), dated as of [__], 2011, is by and between Jones Lang LaSalle Income Property Trust, Inc., formerly Excelsior LaSalle Property Fund, Inc., a Maryland corporation (the “Company”), and Real Estate Research Corporation, an Illinois corporation (each a “Party” and collectively, the “Parties”).

EXCELSIOR LASALLE PROPERTY FUND, INC. EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT
Limitation and Reimbursement Agreement • April 28th, 2006 • Excelsior Lasalle Property Fund Inc • New York

This EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT (this “Agreement”) is made as of the 23rd day of December 2004 by and between Excelsior LaSalle Property Fund, Inc., a Maryland corporation (the “Fund”) and U.S. Trust Company, N.A., acting through its investment advisory division, U.S. Trust Company, N.A. Asset Management Division (the “Manager”).

LENDER JOINDER AND ASSUMPTION AGREEMENT
Lender Joinder and Assumption Agreement • May 8th, 2008 • Excelsior Lasalle Property Fund Inc • Real estate investment trusts

This Lender Joinder and Assumption Agreement (the “Joinder”) is made as of July 27, 2007 (the “Effective Date”) by BANK OF AMERICA, N.A., (the “New Commitment Provider”).

AMENDMENT No. 1 to AMENDED AND RESTATED MANAGEMENT AGREEMENT
Management Agreement • March 15th, 2010 • Excelsior Lasalle Property Fund Inc • Real estate investment trusts

This AMENDMENT No. 1 (“Amendment”) to that certain AMENDED AND RESTATED MANAGEMENT AGREEMENT dated June 19, 2007 (the “Management Agreement”) by and between Excelsior LaSalle Property Fund, Inc. (the “Fund”) and Bank of America Capital Advisors, Inc. (the “Manager”).

EXCELSIOR LASALLE PROPERTY FUND, INC. EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT
Expense Limitation and Reimbursement Agreement • December 22nd, 2008 • Excelsior Lasalle Property Fund Inc • Real estate investment trusts • New York

This EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT (this “Agreement”) is made as of the 16th day of December 2008 by and between Excelsior LaSalle Property Fund, Inc., a Maryland corporation (the “Fund”) and Bank of America Capital Advisors LLC, a Delaware limited liability company (the “Manager”).

PURCHASE AGREEMENT METROPOLITAN PARK NORTH Seattle, Washington SELLER: MET PARK NORTH IV, L.L.C., a Delaware limited liability company BUYER: ELPF MET PARK NORTH, L.L.C., a Delaware limited liability company February 3, 2006
Purchase Agreement • April 28th, 2006 • Excelsior Lasalle Property Fund Inc • Washington

THIS PURCHASE AGREEMENT (this “Agreement”) is made as of February 3, 2006 (the “Effective Date”), by and between Met Park North IV, L.L.C., a Delaware limited liability company (“Seller”), and ELPF Met Park North, L.L.C., a Delaware limited liability company (“Buyer”).

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