Exhibit 99.3
ASSIGNMENT OF SALE, PURCHASE AND ESCROW AGREEMENT
This Assignment of Sale, Purchase and Escrow Agreement (this
"Assignment") is made to be effective as of February 22, 2006, by HARVARD
PROPERTY TRUST, LLC, a Delaware limited liability company ("Assignor"), and
BEHRINGER HARVARD OPPORTUNITY OP I, LP, a Texas limited partnership
("Assignee").
BACKGROUND
A. Assignor, as Purchaser, has entered into that certain Sale,
Purchase and Escrow Agreement dated as of February 21, 2006 (the "Agreement"),
with Metropolitan Life Insurance Company, a New York corporation as Seller, with
respect to an office building having a street address of 00000 Xxxxxxxxxx Xxxxx,
Xxxxxxxxxx, Xxxxxxxxx, as more particularly described in the Agreement.
B. Assignor desires to assign all of its interest in the Agreement
to Assignee and Assignee desires to accept the assignment.
AGREEMENT
For good and valuable consideration, receipt of which is acknowledged,
Assignor assigns to Assignee all of Assignor's interest in the Agreement.
Assignee accepts the assignment and assumes and shall perform all of Assignor's
duties as Purchaser under the Agreement.
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EXECUTED to be effective as of the day and year first above written.
ASSIGNOR:
HARVARD PROPERTY TRUST, LLC,
a Delaware limited liability company
By:_________________________________
Xxxxxx X. Xxxxxxx, III
Executive Vice President
ASSIGNEE:
BEHRINGER HARVARD OPERATING
OP I LP, a Texas limited partnership
By: Behringer Harvard Opportunity
REIT I, Inc., a Maryland corporation,
its General Partner
By:_________________________________
Xxxxxx X. Xxxxxxx, III
Executive Vice President
