Institutional REIT, Inc. Sample Contracts

AGREEMENT OF LIMITED PARTNERSHIP OF INSTITUTIONAL OPERATING PARTNERSHIP, L.P.
Limited Partnership Agreement • September 28th, 2006 • Institutional REIT, Inc. • Real estate investment trusts • Delaware

Institutional Operating Partnership, L.P. (the “Partnership”) was formed as a limited partnership under the laws of the State of Delaware, pursuant to a Certificate of Limited Partnership filed with the Office of the Secretary of State of the State of Delaware effective as of June 26, 2006. This Agreement of Limited Partnership is entered into this day of , 2006 between Institutional REIT, Inc., a Maryland corporation (the “General Partner”), and the Limited Partner(s) set forth on Exhibit A hereto (the “Agreement”).

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Institutional REIT, Inc. Primary Dealer Agreement
Primary Dealer Agreement • December 28th, 2006 • Institutional REIT, Inc. • Real estate investment trusts

Wells Investment Securities, Inc., as the dealer manager (“Dealer Manager”) for Institutional REIT, Inc. (the “Company”), a Maryland corporation, invites you, Integrity Investments, Inc. (the “Primary Dealer”), to participate in the distribution of shares of common stock (the “Shares”) of the Company subject to the following terms. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Dealer Manager Agreement between the Dealer Manager and the Company, dated December 18, 2006, in the form attached hereto as Exhibit A (the “Dealer Manager Agreement”). References to a “Dealer” include the Primary Dealer unless the context clearly indicates to the contrary.

Advisory Agreement between Institutional REIT, Inc. and Wells Capital, Inc.
Advisory Agreement • November 9th, 2006 • Institutional REIT, Inc. • Real estate investment trusts • Georgia

This Advisory Agreement, dated as of , 2006 (the “Agreement”), is between Institutional REIT, Inc., a Maryland corporation (the “Company”), and Wells Capital, Inc., a Georgia corporation (the “Advisor”).

ESCROW AGREEMENT
Escrow Agreement • September 28th, 2006 • Institutional REIT, Inc. • Real estate investment trusts • Georgia

This ESCROW AGREEMENT is made effective as of this 9th day of August, 2006, by and among INSTITUTIONAL REIT, INC., a Maryland corporation (“Company”), WELLS INVESTMENT SECURITIES, INC., a Georgia corporation (“Dealer Manager”), and THE BANK OF NEW YORK, a national banking association (“Escrow Agent”).

Institutional REIT, Inc. Selected Dealer Agreement
Selected Dealer Agreement • September 28th, 2006 • Institutional REIT, Inc. • Real estate investment trusts • Georgia

Wells Investment Securities, Inc., as the dealer manager (“Dealer Manager”) for Institutional REIT, Inc. (the “Company”), a Maryland corporation, invites you, (the “Selected Dealer”), to participate in the distribution of shares of common stock (the “Shares”) of the Company subject to the following terms. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Dealer Manager Agreement between the Dealer Manager and the Company, dated , 2006, in the form attached hereto as Exhibit A (the “Dealer Manager Agreement”). References to a “Dealer” include the Selected Dealer.

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