ARDEN REALTY LIMITED PARTNERSHIP
0000 XXXXXXXX XXXXXXXXX
XXXXX 000 X
Xxxxxxx Xxxxx, Xxxxxxxxxx 00000
(000)-000-0000
FAX (000)-000-0000
Xxxxxx 00, 0000
XXX XXXXXXXXX & FIRST CLASS MAIL
South Spalding Associates, L.L.C.
c/o Xxxxx-Xxxxxxxxx Properties, Inc.
00000 Xxxxx Xxxxxx Xxxxxxxxx
Xxxxx 000
Xxx Xxxxxxx, Xxxxxxxxxx 00000
Attn: Xxxxx Xxx
Re: 000 Xxxxx Xxxxxxxx Xxxxx, Xxxxxxx Xxxxx,
Xxxxxxxxxx ("Property")
Gentlemen:
Reference is made to that certain Sale and Purchase
Agreement and Escrow Agreement dated August 6, 1997, as
supplemented by that certain side letter dated August
11, 1997 and amended by that certain Letter Amendment
dated August 13, 1997 (collectively, "Agreement")
between Arden Realty Limited Partnership, a Maryland
limited partnership ("Purchaser") and South Spalding
Associates, L.L.C., a Delaware limited liability
company ("Seller") for the sale and purchase of the
above-reference Property. Capitalized terms not defined
herein shall have the meaning given to them in the
Agreement.
Pursuant to the Agreement, the Purchase Price for the
Property is $11,100,000. This Letter Amendment confirms
that Seller does hereby credit Purchaser in the amount
of $18,000.00 for certain long term maintenance issues
at the Property as a reduction to the Purchase Price.
Therefore, the Purchase Price shall now be
$11,082,000.00. In all other respects the Agreement
shall be and remain in full force and effect as
originally written.
If the foregoing correctly reflects your understanding
of our mutual agreement, please so indicate in the
space provided below for your signature and return a
copy of this Amendment to the undersigned and to the
Escrow.
Sincerely,
ARDEN REALTY LIMITED PARTNERSHIP,
a Maryland limited partnership
By: Arden Realty, Inc.
a Maryland corporation,
Its general partner
By:/s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: President and COO
ACCEPTED AND AGREED TO:
this 19th day of August, 1997
SOUTH SPALDING ASSOCIATES, L.L.C.
a Delaware limited liability company
By:/s/ Xxxxxxx Xxxxxxxxx
Name: Xxxxxxx Xxxxxxxxx
Title: Secretary
cc: Xxxxx Xxxxx, Esq. (000) 000-0000
Xxxxxxxx X. Xxxx (000) 000-0000
Xxxxxxx X. Xxxxx (000) 000-0000
Xxxxxxx X. Xxxxxx, Esq. (000) 000-0000
