FIRST AMENDMENT TO ASSET PURCHASE AND SALE AGREEMENT
Exhibit 2.1.b
FIRST AMENDMENT TO ASSET PURCHASE AND SALE AGREEMENT
This First Amendment to Asset Purchase and Sale Agreement (this “Amendment”) is dated as of the 1st day of April, 2022, by and among the Seller Parties signature hereto (“Seller Parties”), Cedar Realty Trust, Inc. (“Seller Parent”), and DRA Fund X-B LLC and KPR Centers LLC (collectively, “Purchaser”, and together with Seller Parties and Seller Parent, the “Parties”).
The following sets forth the background to this Amendment:
For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereby agree to amend the Agreement in certain respects as follows:
[Signatures appear on the next page]
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Executed as of the date first set forth above.
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PURCHASER: |
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DRA FUND X-B LLC, By: /s/ Xxxxx Xxxxx |
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KPR CENTERS LLC, By: /s/ Xxxxxx Xxxxxxxx |
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By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR PCP-NEW LONDON, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR REALTY TRUST PARTNERSHIP, L.P.
By: Cedar Realty Trust, Inc., its General Partner
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR-GROTON, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR-XXXXXX XXXX, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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XXXXX XXXXXXXXX CROSSING LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CSC FRANKLIN VILLAGE GP, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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XXXXX XXXXXXX, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR-YORKTOWNE, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR HYATTSVILLE, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR-VALLEY PLAZA, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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OAKLAND XXXXX BUSINESS TRUST
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR-GLENWOOD HOLDING, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR-CARMANS LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR QUARTERMASTER, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR QUARTERMASTER II, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR QUARTERMASTER III, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CSC COLONIAL COMMONS PARTNERSHIP, L.P.
By: Cedar Realty Trust Partnership, L.P., its General Partner
By: Cedar Realty Trust, Inc., its General Partner
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR-XXXXXXX XXXXXXXX, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR-XXXXXXX PLAZA 2, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR XXXXXXX PLAZA 3, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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THE POINT ASSOCIATES, L.P.
By: Cedar Realty Trust Partnership, L.P., its General Partner
By: Cedar Realty Trust, Inc., its General Partner
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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PORT RICHMOND L.L.C. 1
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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HAMILTON FC ASSOCIATES, L.P.
By: Cedar-Xxxxxxxx, LLC, its General Partner
By: Cedar Realty Trust Partnership, L.P., its General Partner
By: Cedar Realty Trust, Inc., its General Partner
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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HAMILTON FC PYLON SIGN ASSOCIATES, LLC
By: Hamilton FC Associates, L.P., its sole member
By: Xxxxx-Xxxxxxxx, LLC, its General Partner
By: Cedar Realty Trust Partnership, L.P., its General Partner
By: Cedar Realty Trust, Inc., its General Partner
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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LAWNDALE I, L.P.
By: Cedar Realty Trust Partnership, L.P., its General Partner
By: Cedar Realty Trust Inc., its General Partner
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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ACADEMY PLAZA, L.L.C. 1
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR-XXXXXXX MARKETPLACE, LP
By: Cedar Realty Trust Partnership, L.P., its General Partner
By: Cedar Realty Trust, Inc., its General Partner
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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SWEDE SQUARE ASSOCIATES LLC
By: |
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CEDAR-PALMYRA, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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NEWPORT PLAZA ASSOCIATES, L.P.
By: Cedar Realty Trust Partnership, L.P., its General Partner
By: Cedar Realty Trust, Inc., its General Partner
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR-CAMPBELLTOWN, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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HALIFAX PLAZA ASSOCIATES, L.P.
By: Cedar Realty Trust Partnership, L.P.
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR-HALIFAX LAND, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR HALIFAX II, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR HALIFAX III, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR XXXXXX PLAZA, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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VIRGINIA GENERAL BOOTH LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR SECOND MEMBER LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR – ELMHURST, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR-OAK RIDGE, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR EAST RIVER PARK, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR 000 00xx XXXXXX XX, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR DGS GP LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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CEDAR MN OFFICE OZ MEMBER LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx
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CEDAR MN OFFICE PROMOTE MEMBER LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx |
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EXHIBIT A
Allocation
Xxxxxxx Marketplace |
$11,000,000 |
Newport Plaza |
$8,250,000 |
Palmyra Shopping Center |
$8,250,000 |
Northside Commons |
$8,250,000 |
Halifax Plaza |
$7,250,000 |
Franklin Village |
$64,250,000 |
Trexlertown Plaza |
$54,700,000 |
The Point |
$37,000,000 |
Xxxxxxxxx Crossing |
$26,500,000 |
Lawndale Plaza |
$21,700,000 |
The Shops at Suffolk Downs |
$29,300,000 |
Quartermaster Plaza |
$111,000,000 |
Fishtown Crossing |
$48,000,000 |
Xxxxxx'x Plaza |
$45,500,000 |
Xxxxxx Plaza |
$5,500,000 |
Oakland Xxxxx |
$8,000,000 |
General Booth Plaza |
$9,000,000 |
Kempsville Crossing |
$9,000,000 |
Elmhurst Square |
$7,000,000 |
Oak Ridge Shopping Center |
$6,000,000 |
Yorktowne Plaza |
$31,000,000 |
The Shops at Bloomfield Station |
$14,000,000 |
Swede Square |
$21,000,000 |
Colonial Commons |
$41,750,000 |
Bethel Shopping Center |
$28,500,000 |
Xxxxxx Xxxx |
$18,200,000 |
Valley Plaza |
$19,000,000 |
New London Mall |
$33,000,000 |
Academy Plaza |
$12,000,000 |
Shops at Crossroads |
$40,000,000 |
Groton Shopping Center |
$17,500,000 |
Xxxxxxx Shopping Center |
$16,600,000 |
Shoppes at Arts District |
$22,000,000 |
Original 33 Assets: |
$840,000,000 |
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Northeast Heights |
$46,500,000 |
Revelry |
$34,000,000 |
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