PURCHASE AND SALE AGREEMENT BY AND AMONG OZ/CLP HUNTER’S CREEK LLC, a Delaware limited liability company OZ/CLP LAKEWOOD LLC, a Delaware limited liability company OZ/CLP NORTHDALE LLC, a Delaware limited liability company OZ/CLP BURNT STORE LLC, a...
Exhibit 10.41
BY AND AMONG
OZ/CLP HUNTER’S CREEK LLC, a Delaware limited liability company
OZ/CLP LAKEWOOD LLC, a Delaware limited liability company
OZ/CLP NORTHDALE LLC, a Delaware limited liability company
OZ/CLP BURNT STORE LLC, a Delaware limited liability company
OZ/CLP PORTOFINO LP, a Delaware limited partnership
OZ/CLP KINGWOOD COMMONS LP, a Delaware limited partnership
OZ/CLP CLAY LLC, a Delaware limited liability company
OZ/CLP TRUSSVILLE I LLC, a Delaware limited liability company
OZ/CLP TRUSSVILLE II LLC, a Delaware limited liability company
OZ/CLP BEECHWOOD LLC, a Delaware limited liability company
collectively, AS SELLERS
AND
KRG DEVELOPMENT, LLC,
an Indiana limited liability company
AS PURCHASER
FOR
The Shopping Centers
listed on Schedule 1 attached hereto
Dated as of November 5, 2013
TABLE OF CONTENTS
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Page |
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ARTICLE I PURCHASE AND SALE |
1 | |
1.1 |
Agreement of Purchase and Sale |
1 |
1.2 |
Property Defined |
2 |
1.3 |
Permitted Exceptions |
2 |
1.4 |
Purchase Price |
2 |
1.5 |
Payment of the Purchase Price |
2 |
1.6 |
Xxxxxxx Money |
2 |
1.7 |
Escrow Provisions |
3 |
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ARTICLE II TITLE AND SURVEY |
5 | |
2.1 |
Title Examination; Commitment for Title Insurance |
5 |
2.2 |
Survey |
5 |
2.3 |
Title Objections; Cure of Title Objections |
5 |
2.4 |
Conveyance of Title |
6 |
2.5 |
Subsequently Disclosed Title Exceptions |
7 |
2.6 |
Discharge of Liens at Closing |
8 |
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ARTICLE III INSPECTION PERIOD |
8 | |
3.1 |
Right of Inspection |
8 |
3.2 |
Right of Termination |
9 |
3.3 |
Covenants of Purchaser |
10 |
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ARTICLE IV CLOSING |
11 | |
4.1 |
Time and Place |
11 |
4.2 |
Seller’s Obligations at Closing |
12 |
4.3 |
Purchaser’s Obligations at Closing |
15 |
4.4 |
Credits and Prorations |
15 |
4.5 |
Closing Costs |
22 |
4.6 |
Conditions Precedent to Obligation of Purchaser |
23 |
4.7 |
Conditions Precedent to Obligation of Seller |
24 |
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ARTICLE V REPRESENTATIONS, WARRANTIES AND COVENANTS |
25 | |
5.1 |
Representations and Warranties of Sellers |
25 |
5.2 |
Knowledge Defined |
28 |
5.3 |
Limitations on Sellers’ Representations and Warranties |
28 |
5.4 |
Certain Pre-Closing Covenants |
28 |
5.5 |
Representations and Warranties of Purchaser |
38 |
5.6 |
Real Estate Tax Assessment Proceedings |
39 |
5.7 |
Post-Closing Escrow |
39 |
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ARTICLE VI DEFAULT |
40 | |
6.1 |
Default by Purchaser |
40 |
6.2 |
Default by Seller |
41 |
ARTICLE VII RISK OF LOSS |
41 | |
7.1 |
Condemnation |
41 |
7.2 |
Casualty |
42 |
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ARTICLE VIII COMMISSIONS |
42 | |
8.1 |
Brokerage Commissions |
42 |
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ARTICLE IX DISCLAIMERS AND WAIVERS |
43 | |
9.1 |
No Reliance on Documents |
43 |
9.2 |
Disclaimers |
43 |
9.3 |
Release |
44 |
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ARTICLE X MISCELLANEOUS |
45 | |
10.1 |
Confidentiality |
45 |
10.2 |
Discharge of Obligations |
46 |
10.3 |
Assignment |
46 |
10.4 |
Notices |
47 |
10.5 |
Binding Effect |
48 |
10.6 |
Modifications |
48 |
10.7 |
Calculation of Time Periods |
48 |
10.8 |
Successors and Assigns |
48 |
10.9 |
Entire Agreement |
48 |
10.10 |
Notice of Pendency |
48 |
10.11 |
Further Assurances |
49 |
10.12 |
Counterparts |
49 |
10.13 |
Severability |
49 |
10.14 |
Applicable Law |
49 |
10.15 |
No Third Party Beneficiary |
49 |
10.16 |
Exhibits and Schedules |
50 |
10.17 |
Captions |
50 |
10.18 |
Construction |
50 |
10.19 |
Termination of Agreement |
50 |
10.20 |
Attorneys’ Fees |
50 |
10.21 |
WAIVER OF JURY TRIAL |
50 |
10.22 |
Obligation to Close on all Properties |
50 |
10.23 |
Radon Gas |
50 |
10.24 |
Like Kind Exchange |
51 |
List of Exhibits and Schedules
Exhibit A-1 – A-10 |
- |
Legal Description of the Land |
Exhibit B |
- |
Lease Schedule |
Exhibit C |
- |
Property Contracts Schedule |
Exhibit D-1 |
- |
Form of AL Deed |
Exhibit D-2 |
- |
Form of FL Deed |
Exhibit D-3 |
- |
Form of GA Deed |
Exhibit D-4 |
- |
Form of TX Deed |
Exhibit E |
- |
Xxxx of Sale |
Exhibit F |
- |
Assignment and Assumption of Leases |
Exhibit G |
- |
Assignment and Assumption of Property Contracts and Intangibles |
Exhibit H |
- |
Notice to Tenants |
Exhibit H-1 |
- |
Notice to Property Contract Counterparties |
Exhibit I |
- |
Tenant Estoppel |
Exhibit J-1 |
|
Assignment of Renaissance Right of First Refusal Agreement |
Exhibit J-2 |
|
Assignment of Renaissance Lease Purchase Contract |
Exhibit K |
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Assignment of the Clay Property Contract |
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Schedule 1 |
- |
Seller Information Schedule |
Schedule 2 |
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Existing Litigation |
Schedule 3 |
- |
Rent Rolls and Arrearage Reports |
Schedule 4 |
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Potential New Leases |
Schedule 5 |
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Tax Appeals |
Schedule 6 |
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Certain REA Agreements |
Schedule 7 |
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Section 4.6(f) Tenants |
INDEX OF DEFINED TERMS
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Page |
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1933 Act |
46 |
1934 Act |
46 |
Additional Deposit |
3 |
Agreement |
1 |
AL Deed |
12 |
Applicable Laws |
7 |
Assignment of Hunter’s Creek Right of First Refusal |
32 |
Assignment of the Clay Property Contract |
34 |
Assignment of the Renaissance Lease Purchase Contract |
33 |
Broker |
42 |
Business Day |
48 |
Casualty |
42 |
Claims |
44 |
Clay Property Contract |
34 |
Clay Property Purchase Price |
33 |
Closing |
11 |
Closing Acceleration Notice |
11 |
Closing Date |
11 |
Deeds |
12 |
Deposit |
3 |
Designated Representatives |
28 |
Xxxxxxx Money |
3 |
Effective Date |
1 |
Embargoed Person |
27 |
Escrow Agent |
3 |
Estimate |
42 |
Existing Lease |
18 |
Existing Surveys |
5 |
FL Deed |
12 |
GA Deed |
12 |
Impositions |
16 |
Improvements |
1 |
Independent Contract Consideration |
3 |
Inspection Period |
8 |
Intangibles |
2 |
KRG |
46 |
Land |
1 |
Lease |
1 |
Lease Schedule |
1 |
Leasing Costs |
19 |
List |
27 |
Xxx 0 Xxxxxxxxx |
00 |
Xxx 0 Xxxxxxxxx |
00 |
Major Casualty |
42 |
Major Tenant |
28 |
New Leases |
18 |
Non-Major Tenant |
29 |
Non-Requesting Party |
4 |
OFAC |
27 |
Permitted Exceptions |
2 |
Personal Property |
1 |
Post-Closing Escrow Agreement |
39 |
Post-Closing Escrow Funds |
39 |
Premises |
1 |
Properties |
2 |
Property |
2 |
Property Contracts |
2 |
Property Contracts Schedule |
2 |
Property Documents |
43 |
Publix Lease |
33 |
Publix ROFO |
33 |
Purchase Price |
2 |
Purchaser |
1 |
Purchaser’s Portion of Shared Leasing Costs |
19 |
Qualifying Estoppel Certificate |
28 |
REA Agreements |
29 |
REA Estoppel Certificate |
29 |
REA Estoppel Condition |
30 |
Reimbursable Amounts |
42 |
Released Parties |
44 |
Renaissance Lease |
31 |
Renaissance Lease Premises |
32 |
Renaissance Lease Purchase Contract |
31 |
Renaissance Premises Purchaser |
32 |
Requesting Party |
4 |
Required Clearance Exception |
6 |
Scheduled Closing Date |
11 |
SD Letters of Credit |
16 |
Seller |
1 |
Seller Information Schedule |
1 |
Sellers |
1 |
Sellers’ Closing Documents |
15 |
Sellers’ Representative |
47 |
Sellers’ Termination Notice |
10 |
Shared Leasing Costs |
18 |
Substantial Portion |
42 |
Surveys |
5 |
Taking |
41 |
Tenant Audit |
21 |
Tenant Estoppel Certificate |
29 |
Tenant Estoppel Condition |
29 |
Title Commitments |
5 |
Title Company |
5 |
Title Exam Deadline |
5 |
Title Policy |
7 |
Trued-Up Additional Rents |
20 |
Trussville I Outparcel |
35 |
Trussville I Outparcel Closing Date |
36 |
Trussville I Outparcel Escrow Agreement |
36 |
Trussville I Outparcel Escrow Funds |
36 |
Trussville I Outparcel Survival Period |
36 |
Trussville I Outparcels |
35 |
TX Deed |
12 |
Unpaid Costs |
20 |
THIS PURCHASE AND SALE AGREEMENT (the “Agreement”) is made as of the 5th day of November, 2013 (the “Effective Date”) by and among the selling parties identified on Schedule 1 (the “Seller Information Schedule”) having an office c/o Och-Ziff Real Estate, 9 West 57th Street, 39th Floor, New York, New York 10019 (individually, “Seller”; collectively, “Sellers”), and KRG DEVELOPMENT, LLC, an Indiana limited liability company, having an office at c/o Kite Realty Group, 00 X. Xxxxxxxx Xxxxxx, Xxxxx 0000, Xxxxxxxxxxxx, XX 00000 (“Purchaser”).
ARTICLE I
PURCHASE AND SALE
1.1 Agreement of Purchase and Sale. Subject to the terms and conditions hereinafter set forth, each Seller agrees to sell and convey, and Purchaser agrees to purchase and accept, the following:
(a) those certain tracts or parcels of land identified on the Seller Information Schedule and as more particularly described in Exhibits A-1 to A-10 attached hereto and made a part hereof, together with the applicable Seller’s right, title and interest in and to all easements, rights of way, privileges, covenants, conditions and restrictions, common interests and other rights appurtenant to such tracts or parcels of land (the property described in clause (a) of this Section 1.1 being herein referred to collectively as the “Land”);
(b) the buildings located upon the Land, together with all of the applicable Seller’s right, title and interest in and to the improvements, structures and fixtures that form a part of such buildings (the property described in clause (b) of this Section 1.1 being herein referred to collectively as the “Improvements”; the Land and the Improvements being sometimes collectively referred to herein as the “Premises”);
(c) all of the applicable Seller’s right, title and interest (if any) in and to any and all tangible personal property upon the Land or within the Improvements, to the extent (in each instance) such tangible personal property is used exclusively in connection with the operation of the Land and/or the Improvements (the property described in clause (c) of this Section 1.1 being herein referred to collectively as the “Personal Property”);
(d) all of the applicable Seller’s right, title and interest (as landlord) in and to those certain leases (including any and all guaranty agreements executed in connection therewith), subleases, license agreements or other occupancy agreements more fully described on Exhibit B (the “Lease Schedule”) attached hereto and made a part hereof (each lease, sublease, license agreement or other occupancy agreement set forth on Exhibit B being referred to herein as a “Lease”); and
(e) all of the applicable Seller’s right, title and interest in and to (i) all contracts and agreements (collectively, the “Property Contracts”) listed and described on Exhibit C (the “Property Contracts Schedule”) attached hereto and made a part hereof, (ii) all assignable existing warranties and guaranties issued with respect to the Improvements or the
Personal Property and (iii) all trade names (including the names of the individual shopping centers comprising the Properties as set forth in the Seller Information Schedule attached hereto as Schedule 1 under the heading “Property Name”), plans, specifications, engineering studies, drawings and prints relating to the construction of the Improvements (the property described in this Section 1.1(e) being sometimes herein referred to collectively as the “Intangibles”).
1.2 Property Defined. The Land, the Improvements, the Personal Property, the Leases and the Intangibles (i) as the same applies to a particular Seller are hereinafter sometimes referred to collectively as the “Property” and (ii) as the same applies to all of the Sellers are hereinafter sometimes referred to collectively as the “Properties.”
1.3 Permitted Exceptions. Each Property shall be conveyed subject to the matters which are, or are deemed to be, Permitted Exceptions pursuant to Article II hereof (herein referred to collectively as the “Permitted Exceptions”).
1.4 Purchase Price. Sellers agree to sell and Purchaser agrees to purchase the Properties for a total purchase price in an amount equal to Three Hundred Seven Million Dollars ($307,000,000.00) (as the same may be reduced pursuant to the provisions of Section 5.4(e)(i) and Section 5.4(f) hereof, the “Purchase Price”). A portion of the Purchase Price shall be allocated to each Property in the respective amounts set forth in the Seller Information Schedule attached hereto as Schedule 1 under the heading “Allocated Purchase Price”. Sellers and Purchaser expressly acknowledge and agree that no portion of the Purchase Price is allocated to the Personal Property or to the Intangibles.
1.5 Payment of the Purchase Price. The Purchase Price, as increased or decreased by prorations and adjustments as herein provided (“Adjusted Purchase Price”), shall be payable as follows:
(a) The entire Adjusted Purchase Price except for the sum of TWO MILLION DOLLARS ($2,000,000.00), shall be payable at Closing in cash by wire transfer of immediately available federal funds to a bank account designated by Sellers’ Representative in writing to Purchaser prior to the Closing; and
(b) The sum of TWO MILLION DOLLARS ($2,000,000.00) shall be deposited by Purchaser with Escrow Agent in accordance with the provisions of Section 5.7. The Post Closing Escrow Funds (as hereinafter defined) disbursed to Seller upon termination of the escrow pursuant to Section 5.7 shall constitute payment of deferred purchase price (“Deferred Purchase Price”) by Purchaser to Sellers. If such amount exceeds TWO MILLION DOLLARS ($2,000,000.00), such excess shall be considered interest on the Deferred Purchase Price. To the extent that such amount is less than TWO MILLION DOLLARS ($2,000,000.00), such shortfall shall be considered a reduction in purchase price.
1.6 Xxxxxxx Money. Within one (1) Business Days following the Effective Date, Purchaser shall deposit with First American Title Insurance Company (the “Escrow Agent”), having an office at 000 Xxxxx Xxxxxx, Xxx Xxxx, XX 00000, the sum of TWO MILLION DOLLARS ($2,000,000.00) (the “Deposit”) in good funds, by federal wire transfer. If Purchaser does not exercise the right to terminate this Agreement in accordance with Section 3.2(a) hereof,
Purchaser shall, within one (1) Business Day following the expiration of the Inspection Period (as such term is defined in Section 3.1 hereof), deposit with the Escrow Agent the additional sum of FOUR MILLION DOLLARS ($4,000,000.00) (the “Additional Deposit”) in good funds by federal wire transfer as an additional deposit under this Agreement. The Escrow Agent shall hold the Deposit and the Additional Deposit in an interest-bearing account in accordance with the terms and conditions hereof. The Deposit and the Additional Deposit, together with all interest earned on such sums, are herein referred to collectively as the “Xxxxxxx Money.” All interest accruing on such sums shall become a part of the Xxxxxxx Money and shall be distributed as Xxxxxxx Money in accordance with the terms of this Agreement. Upon the expiration of the Inspection Period, the Xxxxxxx Money shall be non-refundable to Purchaser except as expressly set forth in this Agreement. If Purchaser fails to deliver the Additional Deposit to Escrow Agent within the time period specified above, and such failure continues for a period of two (2) Business Days after Seller’s written notice to Purchaser of such failure, then Sellers’ Representative may, at its option, deliver written notice to Escrow Agent, terminating this Agreement and, in such event, Escrow Agent shall deliver the Xxxxxxx Money to Sellers promptly thereafter and neither party shall have any further rights, obligations or liabilities hereunder, except to the extent that any right, obligation or liability set forth herein expressly survives termination of this Agreement. TIME IS OF THE ESSENCE for the delivery of Xxxxxxx Money under this Agreement. Further, Sellers and Purchaser agree that the amount of One Hundred Dollars ($100.00) (the “Independent Contract Consideration”) has been paid by Purchaser to Seller concurrently with the deposit into escrow of the Deposit, as consideration for Sellers’ execution and delivery of this Agreement and for Purchaser’s rights of review, inspection and termination set forth herein. The Independent Contract Consideration is independent of any other consideration or payment provided for in this Agreement and, notwithstanding anything to the contrary herein, is non-refundable in all events whatsoever.
1.7 Escrow Provisions. The Xxxxxxx Money shall be held, paid over and/or applied by Escrow Agent in accordance with the following:
(a) Escrow Agent shall hold the Xxxxxxx Money in an interest-bearing bank account (or as otherwise agreed in writing by Sellers, Purchaser and Escrow Agent). The party receiving the benefit of the Xxxxxxx Money shall pay all income taxes on the interest portion to the extent so received. For purposes thereof, the tax identification number of each Seller is set forth on the Sellers’ Information Schedule and the tax identification number of Purchaser is 00-0000000. Escrow Agent shall not be liable for any losses suffered in connection with any such investment (except to the extent of Escrow Agent’s gross negligence or willful disregard of this Agreement) and shall have no obligation to obtain the best, or otherwise seek to maximize, the rate of interest earned on any such investment.
(b) If this Agreement is terminated by Purchaser pursuant to any of Sections 2.3, 2.5, 3.2(a), 7.1 or 7.2, or by Sellers pursuant to Section 3.2(b), then the Xxxxxxx Money shall be immediately returned to Purchaser. At the Closing, the Xxxxxxx Money shall automatically be paid by Escrow Agent to Sellers.
(c) In instances other than those described in subsections 1.7(b) above, the following shall apply: either Sellers’ Representative or Purchaser (the “Requesting Party”) may submit to Escrow Agent a written request for disbursement of the Xxxxxxx Money, which request
shall in all cases be accompanied by a good faith written explanation as to why the Requesting Party believes it is entitled to the Xxxxxxx Money pursuant to the terms of this Agreement. The Requesting Party, simultaneously with its submission of such written request to the Escrow Agent, shall deliver a copy of such request and explanation to the other party (the “Non-Requesting Party”). Moreover, within two (2) Business Days after Escrow Agent’s receipt of such request and explanation from the Requesting Party, Escrow Agent shall deliver a copy of the same to the Non-Requesting Party. If, within five (5) Business Days after the Non-Requesting Party’s receipt of such request and explanation from the Escrow Agent, the Non-Requesting Party fails to dispute the entitlement of the Requesting Party to the Xxxxxxx Money, then the Escrow Agent may disburse the Xxxxxxx Money to the Requesting Party. However, if, within five (5) Business Days after the Non-Requesting Party’s receipt of such request and explanation from the Escrow Agent, the Non-Requesting Party notifies Escrow Agent and the Requesting Party that (in substance) the Non-Requesting Party disputes the entitlement of the Requesting Party to the Xxxxxxx Money, then Escrow Agent shall continue to hold the Xxxxxxx Money until otherwise directed by joint written instructions from Sellers’ Representative and Purchaser or a final judgment of a court having jurisdiction. Escrow Agent, however, shall have the right at any time to deposit the Xxxxxxx Money with the clerk of any Federal or State court of competent jurisdiction. Escrow Agent shall give written notice of such deposit to Sellers’ Representative and Purchaser. Upon such deposit, Escrow Agent shall be relieved and discharged of all further obligations and responsibilities hereunder. All notices and deliveries under this Section must be made in strict accordance with Section 10.4 below.
(d) The parties acknowledge that Escrow Agent (i) is acting solely as a stakeholder at their request and for their convenience, (ii) shall not be deemed to be the agent of either of the parties and (iii) shall not be liable to either of the parties for any act or omission on its part unless taken or suffered in bad faith, willful disregard of this Agreement or involving gross negligence. Sellers and Purchaser shall jointly and severally indemnify and hold Escrow Agent harmless from and against all costs, claims and expenses, including reasonable attorneys’ fees and disbursements, incurred in connection with the performance of Escrow Agent’s duties hereunder, except with respect to actions or omissions taken or suffered by Escrow Agent in bad faith, willful disregard of this Agreement or involving gross negligence by or on the part of Escrow Agent. Escrow Agent shall be entitled to rely or act upon any notice, instrument or document believed by Escrow Agent to be genuine and to be executed and delivered by the proper person, and shall have no obligation to verify any statements contained in any notice, instrument or document or the accuracy or due authorization of the execution of any notice, instrument or document. Escrow Agent shall not be bound by any modification to this Section 1.7 unless Escrow Agent shall have agreed to such modification in writing. Escrow Agent is not a party to this Agreement except to the extent of its specific responsibilities hereunder, and does not assume or have any liability for the performance or non-performance of Purchaser or Sellers hereunder to either of them. Escrow Agent has acknowledged agreement to the foregoing provisions of this Section 1.7 by signing in the place indicated on the signature page of this Agreement.
(e) Escrow Agent shall promptly notify Sellers’ Representative and Purchaser upon Escrow Agent’s receipt of the Xxxxxxx Money.
ARTICLE II
TITLE AND SURVEY
2.1 Title Examination; Commitment for Title Insurance. Sellers have obtained from First American Title Insurance Company (the “Title Company”) and delivered to Purchaser a title insurance commitment for each Property as more specifically identified with regard to each Property on the Sellers’ Information Schedule (collectively, the “Title Commitments”), other than a Title Commitment for the Trussville 1 Outparcels (as hereinafter defined) which Purchaser acknowledges and agrees shall be ordered by Purchaser from the Title Company. Purchaser shall have until December 6, 2013 (the “Title Exam Deadline”) to review the Title Commitments.
2.2 Survey. Sellers have delivered to Purchaser and the Title Company an existing survey for each Property (collectively, the “Existing Surveys”). Purchaser may, at its sole cost and expense, update and recertify the Existing Surveys, or order new surveys for, each Property (the Existing Surveys, as the same may be updated by Purchaser, or any new surveys ordered by Purchaser, are herein collectively referred to as the “Surveys”).
2.3 Title Objections; Cure of Title Objections. Purchaser shall have until the Title Exam Deadline to notify Sellers’ Representative, in writing, of such objections as Purchaser may have to anything (other than the Permitted Exceptions specified in Section 2.4 below) contained in the Title Commitments or the Surveys. Any item contained in the Title Commitments or any matter shown on the Surveys to which Purchaser does not object prior to the Title Exam Deadline shall be deemed a Permitted Exception (provided, however, the foregoing shall not limit Purchaser’s rights to object to New Exceptions pursuant to Section 2.5 hereof). If, prior to the Title Exam Deadline, Purchaser shall notify Sellers’ Representative of objections to title or to matters shown on the Surveys, Sellers shall have the right, but not the obligation, to cure such objections. Within five (5) days after receipt of Purchaser’s notice of objections, Sellers’ Representative shall notify Purchaser in writing of whether the applicable Seller(s) elects to attempt to cure such objections. Sellers’ Representative’s failure to respond within said five (5) day period shall be deemed to be the applicable Seller’s election not to cure any such objections. If a Seller elects to attempt to cure any such objections, and provided that Purchaser shall not have terminated this Agreement in accordance with Section 3.2(a) hereof or Sellers shall not have terminated this Agreement in accordance with Section 3.2(b) hereof, then the applicable Seller(s) shall have until the date which is five (5) Business Days prior to the Scheduled Closing Date (as defined below) to attempt to remove, satisfy or cure the same, other than liens encumbering a Property which are being paid or discharged at Closing pursuant to Section 2.6. If the applicable Seller(s) elects not to cure any objections specified in Purchaser’s notice (or is deemed to have elected not to cure such objections), or if the applicable Seller(s) is unwilling or unable to effect a cure prior to the date which is five (5) Business Days prior to the Scheduled Closing Date (or any date to which the Scheduled Closing Date has been adjourned), other than liens encumbering a Property which are being paid or discharged at Closing pursuant to Section 2.6, then Purchaser shall have the following options: (i) to accept a conveyance of the Properties subject to the Permitted Exceptions, specifically including any matter objected to by Purchaser which the applicable Seller(s) is unwilling or unable to cure, and without reduction of the Purchase Price; or (ii) subject to Section 2.4 below, to terminate this Agreement by sending
written notice thereof to Sellers’ Representative. Upon delivery of such notice of termination, this Agreement shall terminate and the Xxxxxxx Money shall be returned to Purchaser, and thereafter neither party hereto shall have any further rights, obligations or liabilities hereunder, except to the extent that any right, obligation or liability set forth herein expressly survives termination of this Agreement. If Sellers’ Representative notifies Purchaser that a Seller does not elect to attempt to cure any title objection (or if a Seller is deemed to have elected not to cure any such objections), or if, having commenced attempts to cure any objection, a Seller later notifies Purchaser that such Seller will be unable to effect a cure thereof, then Purchaser shall, within five (5) days after such notice has been given (or after the elapse of the five (5) day period in which Sellers’ Representative’s was to respond to Purchaser’s notice of objection(s)), notify Sellers’ Representative in writing of whether Purchaser shall elect to accept the conveyance under clause (i) or (subject to Section 2.4 below) to terminate this Agreement under clause (ii). Purchaser’s failure to respond within said five (5) day period shall be deemed to be Purchaser’s election to accept the conveyance under clause (i) above. Notwithstanding anything contained herein to the contrary, if Sellers’ Representative or any Seller provides Purchaser with written notice that a Seller will commence to cure an objection and, thereafter such Seller is unable (or unwilling) to effect a cure thereof prior to the Closing Date, then, in addition to Purchaser’s right to terminate this Agreement and receive a return of the Xxxxxxx Money as a result of such failure, Sellers shall be obligated to promptly reimburse Purchaser for its direct and actual reasonable out-of-pocket due diligence costs and expenses incurred by Purchaser to third parties that are not affiliated with Purchaser (documented by invoices received by Purchaser from such third parties) in connection with this transaction, not to exceed $250,000.00 in the aggregate. Notwithstanding anything to the contrary contained herein, Sellers shall be required, at or prior to the Closing, to satisfy, cure or release each of the following (each a “Required Clearance Exception”): (i) any mortgage, deed to secure debt or deed of trust encumbering the Properties caused by a Seller and (ii) all other liens encumbering the Properties created by a Seller which is not the obligation of any tenant under a Lease (including, without limitation, judgments, mechanic’s or materialmen’s liens) that are in a liquidated amount and which may be satisfied solely by the payment of money, not to exceed $1,000,000 in the aggregate. Sellers shall be entitled to use any portion of the Purchase Price to satisfy, release or otherwise cure any such Required Clearance Exceptions. The release and discharge documentation for any Required Clearance Exception may be delivered after the Closing in accordance with customary practice so long as the Title Company shall omit same from Purchaser’s Title Policy.
2.4 Conveyance of Title. At Closing, each Seller shall convey and transfer to Purchaser such title to such Seller’s Property as will enable the Title Company to issue to Purchaser a policy of Title Insurance (or equivalent xxxx-up or signed pro forma serving as the policy until the final policy of Title Insurance is issued) (the “Title Policy”) covering each Property, in the full amount of the Purchase Price allocated to such Property, subject to the Permitted Exceptions. Notwithstanding anything contained herein to the contrary, each Property shall be conveyed subject to the following matters, all of which shall be deemed to be Permitted Exceptions (and, notwithstanding anything to the contrary contained in Section 2.3 above or any other provision hereof, in no event shall Purchaser have the right to terminate this Agreement after the expiration of the Inspection Period on account of the existence of any of the following):
(a) the Leases (as well as any new leases, or amendments to existing Leases, entered into in accordance with Section 5.4 of this Agreement) and the rights of the tenants thereunder and others claiming by, through or under such Leases;
(b) the lien of all ad valorem real estate taxes and assessments, water and sewer charges and other lienable charges assessed by a governmental or quasi-governmental agency not yet due and payable as of the date of Closing, subject to adjustment as herein provided;
(c) all present and future local, state and federal laws, codes, statutes, ordinances, orders and governmental regulations, including, but not limited to, building, land use, zoning and environmental laws, codes, statutes, ordinances, orders and regulations, now or hereafter in effect relating to a Property, including any landmark designations, zoning variances and special exceptions (collectively, “Applicable Laws”); provided, that, Purchaser shall have the right to object to and terminate this Agreement prior to the end of the Inspection Period as a result of any Property being in violation of any Applicable Laws;
(d) any lien or encumbrance (including, without limitation, any mechanic’s lien and materialmen’s lien) the removal of which is the obligation of a tenant pursuant to its Lease; and
(e) all other items (i) appearing of record or shown on the Surveys and, in either case, not objected to by Purchaser or waived or deemed waived by Purchaser in accordance with Sections 2.3 or 2.5 hereof or (ii) otherwise designated as a Permitted Exception pursuant to any express provision hereof.
2.5 Subsequently Disclosed Title Exceptions. If, at any time after the expiration of the Title Exam Deadline, any updates to the Title Commitments or the Surveys disclose any additional item that is not a Permitted Exception, and was not disclosed on any version of or update to the Title Commitments delivered to Purchaser prior to the expiration of the Title Exam Deadline (the “New Exception”), then Purchaser shall have five (5) days from the date of its receipt of such update (the “New Exception Review Period”) to notify Sellers’ Representative in writing of Purchaser’s objection to the New Exception. If Purchaser objects to the New Exception, then Sellers’ Representative may in its sole discretion notify Purchaser as to whether or not Sellers are willing to attempt to cure the New Exception. If Sellers’ Representative fails to deliver a notice to Purchaser within five (5) days after the expiration of the New Exception Review Period, then Sellers shall be deemed to have elected not to cure the New Exception. If Purchaser is dissatisfied with Sellers’ response (unless Sellers have agreed to cure the New Exception), or lack thereof, Purchaser may, as its exclusive remedy elect either: (i) to terminate this Agreement, in which event the Xxxxxxx Money shall be promptly returned to Purchaser or (ii) to waive the New Exception and proceed with the transactions contemplated by this Agreement, in which event Purchaser shall be deemed to have approved the New Exception. If Purchaser fails to notify Sellers’ Representative of Purchaser’s election to terminate this Agreement in accordance with the foregoing sentence within ten (10) days after the expiration of the New Exception Review Period, then Purchaser shall be deemed to have elected to irrevocably waive any objections to the New Exception. If Sellers’ Representative timely elects to attempt to cure the New Exception, then the provisions of Section 2.3 above shall apply with respect thereto.
2.6 Discharge of Liens at Closing. Notwithstanding anything to the contrary contained herein, at the Closing, Sellers may use any portion of the Purchase Price or any other sum to satisfy any liens encumbering a Property (including any mortgage, deed to secure debt or deed of trust) which a Seller is obligated by this Agreement to pay or discharge, or otherwise, elects to pay or discharge.
ARTICLE III
INSPECTION PERIOD
3.1 Right of Inspection. During the period beginning upon the Effective Date and ending at 5:00 p.m. (Eastern time) on December 16, 2013 (such period being referred to herein as the “Inspection Period”), Purchaser shall have the right to make a physical inspection of each Property and to examine at such place or places at each Property, in the offices of the property manager or elsewhere as the same may be located or otherwise made available to Purchaser, all files related to the leasing, current maintenance, operation and/or management of each Property that are in Sellers’ possession or reasonable control, including, without limitation, the Leases, lease files, rent rolls, Property Contracts, third-party reports and studies, property tax statements, insurance policies, bills, invoices, receipts and the most recent year-to-date operating statements and other general records relating to the income and expenses of each Property, correspondence, surveys, plans and specifications and warranties for services and materials provided to each Property, but excluding information and materials that are proprietary or confidential in nature (such as, by way of example and without limitation, a Seller’s internal memoranda, financial projections, appraisals, income tax records and the like). Purchaser understands and agrees that any on-site inspections of a Property shall be conducted upon at least twenty-four (24) hours’ prior telephone or written notice to Sellers’ Representative and, at Sellers’ election, in the presence of a representative of Sellers. Such physical inspection shall not unreasonably interfere with the use of the Property by the applicable Seller or its tenants (or other occupants) nor shall Purchaser’s inspection damage the Property in any respect. Such physical inspection shall not be invasive in any respect, without Sellers’ Representative’s prior written consent, which consent may be withheld if in Sellers’ Representative’s reasonable judgment such inspection could result in any injury to a Property or breach of any contract, or expose any Seller to any claim, damage, loss or violation of Applicable Law, or otherwise adversely affect a Property or a Seller’s interest therein, and in any event such inspection shall be conducted subject to the rights of the tenants (or other occupants) under the Leases, in accordance with standards customarily employed in the industry, and in compliance with all governmental laws, rules and regulations. Following each entry by Purchaser with respect to inspections and/or tests on a Property, Purchaser shall restore the Property to a condition which is as near as possible to its original condition as existed prior to any such inspections and/or tests. Each Seller shall, at no cost and expense, reasonably cooperate with Purchaser in its due diligence. Purchaser shall not disrupt the applicable Seller’s or any tenant’s activities on the Property. Moreover, Purchaser shall not engage (and shall not permit any of its representatives from engaging) any tenant in any discussions regarding any potential amendment to or renewal of such tenant’s lease, any improvements to such tenant’s leased premises or any improvements to any Property, without the prior consent of the applicable Seller, which consent shall not be unreasonably withheld, conditioned or delayed. Notwithstanding the foregoing, upon at least twenty-four (24) hours’ prior telephone or written notice to Sellers’ Representative (and, at Sellers’ election, in the presence of a representative of
Sellers), Purchaser shall have the right to interview tenants at each Property as part of its due diligence inspections permitted pursuant to this Section 3.1. Purchaser shall indemnify Sellers against and hold Sellers harmless from any and all claims, liabilities, costs, expenses (including reasonable attorneys’ fees incurred) damages or injuries arising out of or resulting from the inspection of the Properties by Purchaser or its agents, contractors or other representatives; provided, however, Purchaser shall have no obligation to indemnify and hold harmless Sellers for (i) any pre-existing conditions merely discovered or revealed (and not exacerbated) by Purchaser’s investigations or (ii) any damages, claims or liabilities resulting from the gross negligence or willful misconduct of a Seller. Notwithstanding anything to the contrary in this Agreement, such obligation to indemnify and hold harmless Sellers shall survive Closing or any termination of this Agreement for a period of twelve (12) months from date of the Closing or termination of this Agreement, as applicable. All inspections shall occur at reasonable times agreed upon by Sellers’ Representative and Purchaser. Prior to Purchaser entering a Property to conduct the inspections and/or tests described above, Purchaser shall obtain and maintain, at Purchaser’s sole cost and expense, and shall deliver to Sellers’ Representative evidence of, the following insurance coverage, and shall cause each of its agents, contractors or other representatives to obtain and maintain, and, upon request of Sellers’ Representative, shall deliver to Sellers’ Representative evidence of, the following insurance coverage: commercial general liability insurance, from an insurer reasonably acceptable to Sellers’ Representative, in the amount of Two Million and No/100 Dollars ($2,000,000.00) combined single limit for personal injury and property damage per occurrence, such policy to name each Seller as an additional insured party, which insurance shall provide coverage against any claim for personal liability or property damage caused by Purchaser or its agents, employees or contractors in connection with such inspections and/or tests.
3.2 Right of Termination.
(a) Sellers agree that in the event Purchaser determines that any one or more of the Properties is not suitable for its purposes for any reason or no reason whatsoever, Purchaser shall have the right to terminate this Agreement in its entirety (and not in part) by giving written notice thereof to Sellers’ Representative prior to the expiration of the Inspection Period. If Purchaser gives such notice of termination prior to the expiration of the Inspection Period, this Agreement shall terminate and the Xxxxxxx Money shall be returned to Purchaser. TIME IS OF THE ESSENCE WITH RESPECT TO THE PROVISIONS OF THIS SECTION 3.2(a). If Purchaser fails to give Sellers’ Representative a notice of termination prior to the expiration of the Inspection Period, then (i) Purchaser shall no longer have any right to terminate this Agreement under this Section 3.2(a), and (ii) notwithstanding anything to the contrary contained in this Agreement, Purchaser shall be deemed to have waived any liability of Sellers and any right to refuse to consummate the Closing (or otherwise terminate this Agreement) by reason of any state of facts or condition known to Purchaser as of (or contained in any document made available or delivered to Purchaser prior to) the last day of the Inspection Period.
(b) Sellers shall have the right to terminate this Agreement in its entirety (and not in part) by giving written notice thereof to Purchaser (“Sellers’ Termination Notice”) on or before the earlier to occur of (x) December 11, 2013 and (y) the date that Purchaser delivers a written notice to Sellers’ Representative waiving Purchaser’s right to terminate this Agreement pursuant to Section 3.2(a). If, Purchaser delivers a written notice to Sellers’ Representative
waiving Purchaser’s right to terminate this Agreement pursuant to Section 3.2(a) prior to Sellers’ delivery of Sellers’ Termination Notice, then (i) Sellers’ right to terminate this Agreement pursuant to this Section 3.2(b) shall be deemed null and void, (ii) Purchaser shall no longer have any right to terminate this Agreement under Section 3.2(a) and (iii) Purchaser shall be deemed to have waived any liability of Sellers and any right to refuse to consummate the Closing (or otherwise terminate this Agreement) by reason of any state of facts or condition known to Purchaser as of (or contained in any document made available or delivered to Purchaser prior to) the date in which Purchaser waived its right to terminate this Agreement pursuant to Section 3.2(a). Notwithstanding anything in this Section 3.2(b) to the contrary, if Purchaser waives its right to terminate this Agreement by written notice to Sellers’ Representative before the expiration of the Inspection Period, Purchaser shall still have the right to terminate this Agreement pursuant to Purchaser’s rights under Article II (title and survey), Section 4.6 (Conditions Precedent to Obligation of Purchaser) and Section 6.2 (Default by Seller). If Sellers exercise their right to terminate this Agreement pursuant to the first sentence of this Section 3.2(b) and Purchaser fails to timely waive its right to terminate this Agreement under Section 3.2(a), then this Agreement shall terminate and the Xxxxxxx Money shall be returned to Purchaser, and Sellers shall promptly reimburse Purchaser for its direct and actual reasonable out-of-pocket due diligence costs and expenses incurred by Purchaser to third parties that are not affiliated with Purchaser (documented by invoices received by Purchaser from such third parties) in connection with this transaction. TIME IS OF THE ESSENCE WITH RESPECT TO THE PROVISIONS OF THIS SECTION 3.2(b). If Sellers fail to timely give Purchaser a notice of termination pursuant to this Section 3.2(b), then Sellers shall no longer have any right to terminate this Agreement under this Section 3.2(b).
3.3 Covenants of Purchaser. Purchaser hereby covenants with Sellers that Purchaser has been given the right, in connection with its investigation of the Properties during the Inspection Period, to inspect (or cause to be inspected) the Properties for the presence of hazardous substances, and Sellers hereby consent to such inspections by Purchaser during the Inspection Period, subject to the terms of Section 3.1 above. Upon the request of Sellers’ Representative, copies of any and all reports received by Purchaser (or any representative thereof) in connection with any such inspection shall be delivered to Sellers’ Representative upon Sellers’ payment to Purchaser of the third party costs actually incurred by Purchaser for the issuance of such reports (as evidenced by paid invoices). Purchaser hereby assumes full responsibility for such inspections and, to the extent permitted by Applicable Laws, irrevocably waives any claim against each Seller arising from the presence of hazardous substances on such Seller’s Property. Upon the request of Sellers’ Representative, Purchaser shall also furnish to Sellers’ Representative copies of all other reports received by Purchaser relating to any other inspections of a Property conducted on Purchaser’s behalf, if any (including, specifically, without limitation, any reports analyzing compliance of the Property with the provisions of the Americans with Disabilities Act (“ADA”), 42 X.X.X. §00000, et seq., if applicable), upon Sellers payment to Purchaser of the third party costs actually incurred by Purchaser for the issuance of such reports (as evidenced by paid invoices). This Section 3.3 shall survive the Closing or termination of this Agreement.
ARTICLE IV
CLOSING
4.1 Time and Place.
(a) The consummation of the transaction contemplated hereby (“Closing”) shall be held at 1:00 p.m. (Eastern time) on January 6, 2014 (the “Scheduled Closing Date”). The Scheduled Closing Date may be (i) extended if mutually agreed to by Sellers and Purchaser or (ii) accelerated by Purchaser pursuant to Section 4.1(b). The date on which the Closing actually occurs is referred to herein as the “Closing Date”. At Closing, each Seller and Purchaser shall perform the obligations set forth in, respectively, Section 4.2 hereof and Section 4.3 hereof, the performance of which obligations shall be concurrent conditions. The Closing shall occur through a customary escrow closing with Escrow Agent acting as the escrow agent in connection therewith, whereby (i) each Seller and Purchaser shall each give, on or prior to the Scheduled Closing Date (as the same may be accelerated or adjourned in accordance with the terms hereof), appropriate written escrow instructions to the Escrow Agent that are consistent with all of the terms and provisions of this Agreement and (ii) on or prior to the Scheduled Closing Date (as the same may be accelerated or adjourned in accordance with the terms hereof), each Seller and Purchaser shall deliver to Escrow Agent, pursuant to such written escrow instructions, all the monies, agreements, instruments and other documents that are required to be delivered by such party at the Closing pursuant to this Agreement.
(b) Notwithstanding anything to the contrary contained herein, by written notice delivered to Sellers’ Representative (the “Closing Acceleration Notice”), Purchaser shall have the right to accelerate the Scheduled Closing Date to a Business Day that is at least thirteen (13) days following the date on which the Closing Acceleration Notice is delivered to Sellers’ Representative, but in no event shall such new Scheduled Closing Date be earlier than December 6, 2013. If Purchaser so elects to accelerate the Scheduled Closing Date, then the following shall apply: (i) if the Closing Acceleration Notice is delivered prior to the expiration of the Inspection Period, then (x) Purchaser shall no longer have any right to terminate this Agreement under Section 2.3 or Section 3.2(a), (y) Purchaser shall be deemed to have waived any liability of Sellers and any right to refuse to consummate the Closing (or otherwise terminate this Agreement) by reason of any state of facts or condition known to Purchaser as of (or contained in any document made available or delivered to Purchaser prior to) the date the Closing Acceleration Notice is delivered to Sellers’ Representative and (z) within one (1) Business Day following the delivery of the Closing Acceleration Notice, Purchaser shall deposit with Escrow Agent the Additional Deposit, (ii) if any of the conditions precedent to Purchaser’s obligation to close set forth in Section 4.6(c) or Section 4.6(d) is not satisfied on or before the Closing Date (as accelerated pursuant to this Section 4.1(b)), then, notwithstanding anything to the contrary contained in this Agreement, Purchaser shall automatically be deemed to have waived such closing conditions and no Seller shall be obligated to deliver to Purchaser a certificate pursuant to the terms of Section 5.4(b)(iii) and/or 5.4(b)(iv) in order to satisfy any such closing condition and (iii) at the Closing, if, and to the extent, paid to Sellers’ lender, Purchaser shall pay or credit to Sellers (x) any increase in the amount of the prepayment fee (including, without limitation, any yield maintenance premium) payable by Sellers under the existing loan that is secured by a mortgage, deed to secure debt or deed of trust encumbering the Premises (the “Existing Loan”)
as a result of Purchaser’s acceleration of the original Scheduled Closing Date and (y) the amount of interest that would have accrued on the Existing Loan from such accelerated Closing Date through the original Schedule Closing Date (i.e. January 6, 2014) if such original Scheduled Closing Date had not been accelerated by Purchaser (for illustration purposes only, if the Closing occurs on December 30, 2013, then, at the Closing, Purchaser shall pay or credit to Sellers all interest that would have accrued under the existing loan from (and including) December 30, 2013 through (and including) January 5, 2014).
4.2 Seller’s Obligations at Closing. At Closing, the applicable Seller shall deliver to Escrow Agent or Purchaser, as applicable:
(a) with respect to each of the Alabama Properties (as such term is defined in the Seller Information Schedule), a Statutory Warranty Deed in the form attached as Exhibit D-1 (the “AL Deed”), subject to the Permitted Exceptions for such Properties;
(b) with respect to the Georgia Property (as such term is defined in the Seller Information Schedule), a Limited Warranty Deed in the form attached as Exhibit D-2 (the “GA Deed”), subject to the Permitted Exceptions for such Property;
(c) with respect to each of the Florida Properties (as such term is defined in the Seller Information Schedule), a Special Warranty Deed in the form attached as Exhibit D-3 (the “FL Deed”), subject to the Permitted Exceptions for such Properties;
(d) with respect to each of the Texas Properties (as such term is defined in the Seller Information Schedule), a Special Warranty Deed in the form attached as Exhibit D-4 (the “TX Deed”; and together with the AL Deed, the GA Deed and the FL Deed, collectively, the “Deeds”), subject to the Permitted Exceptions for such Properties;
(e) four (4) duly executed counterparts of a xxxx of sale in the form of Exhibit E attached hereto;
(f) four (4) duly executed counterparts of an assignment and assumption agreement as to the Leases, in the form of Exhibit F attached hereto;
(g) four (4) duly executed counterparts of an assignment and assumption agreement as to the Property Contracts and other Intangibles, in the form of Exhibit G attached hereto;
(h) four (4) duly executed originals of a notice in the form of Exhibit H attached hereto, which Purchaser shall send to each of the tenants under the Leases informing such tenants of the sale of the applicable Property and of the assignment to Purchaser of the applicable Seller’s interest in, and obligations under, the Leases (including, if applicable, any security deposits) and directing that all rent and other sums payable under the Leases after the Closing shall be paid as set forth in the notice;
(i) four (4) originals of a certificate, dated as of the date of Closing and executed by Seller, stating that the representations and warranties of Sellers contained in this Agreement are true and correct in all material respects as of the date of Closing (with appropriate
modifications of those representations and warranties made in Section 5.1 hereof to reflect any changes therein, including without limitation any changes resulting from actions under Section 5.4 hereof) or identifying any representation or warranty that is not, or no longer is, true and correct and explaining the state of facts giving rise to the change. The certificate delivered to Purchaser pursuant to this Section 4.2(i) shall be subject to the terms of Section 5.3. In no event shall a Seller be liable to Purchaser for, or be deemed to be in default hereunder by reason of, nor shall Purchaser be relieved of its Closing obligations hereunder by reason of, any breach of representation or warranty (A) that is known to Purchaser as of (or that is based on any facts contained in any document or materials delivered or made available to Purchaser prior to) the last day of the Inspection Period or (B) that results from any change that (i) occurs between the Effective Date and the Closing Date and (ii) either (a) is expressly permitted under the terms of this Agreement (and Seller’s representations and warranties set forth in this Agreement shall be deemed to have been modified by any such change) or (b) does not result in Seller’s representations and warranties being inaccurate in any material respect. If, despite changes or other matters described in such certificate, the Closing occurs, Sellers’ representations and warranties set forth in this Agreement shall be deemed to have been modified by all statements made in such certificate;
(j) such evidence as the Title Company may reasonably require as to the authority of Sellers to consummate the Closing;
(k) four (4) duly executed counterparts of an affidavit by each Seller stating that such Seller is not a “foreign person” as defined in the Federal Foreign Investment in Real Property Tax Act of 1980 and the 1984 Tax Reform Act;
(l) original counterparts of, or, to the extent said originals are not available, copies of, the Leases, Property Contracts, and licenses and permits, if any, in the possession of Sellers or Sellers’ agents, together with such leasing and property files and records which are material in connection with the continued operation, leasing and maintenance of the Properties and are in the possession of Sellers or Sellers’ agents;
(m) four (4) duly executed originals of a notice in the form of Exhibit H-1 attached hereto, which the applicable Seller shall send to each of such Seller’s counterparties under the Property Contracts, informing such counterparties of the sale of such Seller’s Property and of the assignment to Purchaser of such Seller’s interest in, and obligations under, the applicable Property Contracts;
(n) a closing statement, prepared by Escrow Agent, setting forth with specificity the adjustments provided for in Section 4.5 below;
(o) to the extent required by the Title Company in order for it to issue to Purchaser the Title Policies, a customary title affidavit in form and substance reasonably acceptable to Sellers;
(p) with respect to the Georgia Property, (i) a Form PT-61 (Real Estate Transfer Tax Declaration), (ii) an Affidavit of Seller’s Gain and a payment to Escrow Agent in the amount of three (3%) percent of the net taxable gain as shown on such affidavit and, if
applicable, Escrow Agent shall submit the Affidavit of Seller’s Gain to the Georgia Department of Revenue along with the payment referenced in clause (ii) of this Section promptly after Closing, (iii) a broker’s lien waiver and (iv) such other affidavits as are required by applicable state and local law in connection with the conveyance of real property;
(q) with respect to the Hunter’s Creek Property (as such term is defined in the Seller Information Schedule), (i) if the closing of the sale of the Renaissance Lease Premises (as hereinafter defined) pursuant to the terms of the Renaissance Lease (as hereinafter defined) occurs prior to or concurrently with the Closing and the Renaissance Premises Purchaser (as hereinafter defined) delivers to Hunter’s Creek Seller the Renaissance Right of First Refusal Agreement (as hereinafter defined), four (4) duly executed counterparts of the Assignment of Hunter’s Creek Right of First Refusal (as hereinafter defined) or (ii) if the closing of the sale of the Renaissance Lease Premises pursuant to the terms of the Renaissance Lease does not occur prior to or concurrently with the Closing, four (4) duly executed counterparts the Assignment of the Renaissance Lease Purchase Contract (as hereinafter defined);
(r) with respect to the Clay Property (as such term is defined in the Seller Information Schedule), if the Clay Property Contract (as hereinafter defined) is in effect on the Closing Date, four (4) duly executed counterparts of the Assignment of the Clay Property Contract (as hereinafter defined);
(s) with respect to the Alabama Properties, (i) an Affidavit of Seller’s Gain (Form NR-AF2) and a payment to Escrow Agent in the amount of four (4%) percent of the net taxable gain as shown on such affidavit and Escrow Agent shall submit the Affidavit of Seller’s Gain to the Alabama Department of Revenue along with the payment referenced in clause (i) of this Section promptly after Closing, (ii) a broker’s lien affidavit and (iii) such other affidavits as are required by applicable state and local law in connection with the conveyance of real property;
(t) a Rent Roll for each Property, effective as of a date no more than three (3) Business Days prior to the Closing Date, and certified to be true and accurate in all material respects by each Seller, as applicable (subject, however, to the terms of Section 5.3);
(u) if, and to the extent, obtained by a Seller pursuant to the terms of Section 5.4(b), originals (or copies if originals were not received by a Seller) of the Qualifying Tenant Estoppel Certificates (as hereinafter defined) and the REA Estoppel Certificates, in each case, signed by the applicable party making the estoppel statements thereunder; it being agreed and understood that a Seller’s failure to obtain any Qualifying Tenant Estoppel Certificate or REA Estoppel Certificate pursuant to the terms of Section 5.4(b) shall not be a default under this Agreement and Purchaser’s sole remedy shall be to terminate this Agreement and receive a return of the Xxxxxxx Money from the Escrow Agent pursuant and subject to the terms of Section 4.6;
(v) four (4) duly executed counterparts of the Post-Closing Escrow Agreement (as hereinafter defined);
(w) with respect to the Trussville I Outparcels (as hereinafter defined), if either or both of the Trussville I Outparcels are not conveyed to Trussville I Seller at or prior to the
Closing, four (4) duly executed counterparts of the Trussville I Outparcel Escrow Agreement (as hereinafter defined);
(x) to the extent in a Seller’s possession or reasonable control, all Lease files, tenant letter of credits, if any, Property Contracts, licenses, permits, warranties certificates of occupancy and any other agreements constituting Intangibles hereunder and pertaining to the Properties;
(y) to the extent in a Seller’s possession or reasonable control, all keys, access codes or combinations applicable to the Properties; and
(z) any and all other documents or other items which are required by this Agreement or legal requirements to be executed, acknowledged and/or delivered by Seller at the Closing.
All of the foregoing documents to be executed and delivered by each Seller at Closing are herein, collectively, referred to as the “Sellers’ Closing Documents”.
4.3 Purchaser’s Obligations at Closing. At Closing, Purchaser shall deliver to Escrow Agent or Seller, as applicable:
(a) the full amount of the Purchase Price, as increased or decreased by prorations and adjustments as herein provided, in immediately available wire transferred funds pursuant to Section 1.5 hereof, it being agreed that at Closing the Xxxxxxx Money shall be delivered to Sellers and applied towards payment of the Purchase Price;
(b) four (4) duly executed counterparts of the instruments described in Sections 4.2(e), 4.2(f), 4.2(g), 4.2(h), 4.2(n), 4.2(p) (if applicable), 4.2(q) (if applicable), 4.2(r) (if applicable), 4.2(s) (if applicable), 4.2(v) and 4.2(w) (if applicable) hereof;
(c) such evidence as the Title Company may reasonably require as to the authority of the person or persons executing documents on behalf of Purchaser; and
(d) any and all other documents or other items which are required by this Agreement or legal requirements to be executed, acknowledged and/or delivered by Purchaser at the Closing.
4.4 Credits and Prorations.
(a) The following shall be apportioned with respect to each Property, on a Property-by-Property basis, as of 11:59 p.m. (Eastern time) on the day immediately preceding the Closing Date on the basis of the actual number of days of the month which shall have elapsed as of the Closing Date and based upon the actual number of days in the month and a 365 day year (it being understood that for purposes of prorations and adjustments, each Seller shall be deemed the owner of each applicable Property prior to the Closing Date and Purchaser shall be deemed the owner of the Properties as of the day of the Closing Date), and shall be set forth on a proration schedule prepared by Sellers and submitted to Purchaser for its review and approval at least five (5) Business Days prior to the Closing:
(i) rents, if, as and when collected (the term “rents” as used in this Agreement includes all payments due and payable by tenants under the Leases, including, without limitation, fixed rents, additional rents, percentage rents, escalation payments, and payments on account of real estate taxes, common area maintenance and other operating expenses), subject to the provisions of subsections 4.4(b)(vii) and 4.4(b)(ix) below;
(ii) all taxes, assessments and other impositions (including ad valorem and other real estate taxes, personal property taxes, water rates and sewer rents) assessed, imposed or charged upon or with respect to each Property or any component thereof (collectively, “Impositions”), in accordance with the provisions of subsection 4.4(b)(ii) below;
(iii) all amounts payable under the Property Contracts;
(iv) gas, electricity and other utility charges (if any) for which each Seller is liable, such charges to be apportioned at Closing on the basis of the most recent meter reading occurring prior to Closing or, if unmetered, on the basis of a current xxxx for each such utility;
(v) permit, license and inspection fees, if any, on the basis of the fiscal year for which levied;
(vi) deposits on account with any utility company servicing a Property to the extent transferred to Purchaser shall not be apportioned, but Seller shall receive a credit in the full amount thereof, including accrued interest, if any; and
(vii) any other operating expenses or other items pertaining to a Property which are customarily prorated between a purchaser and a seller of a similar property in the area in which such Property is located.
(b) Notwithstanding anything contained in the foregoing provisions:
(i) At Closing, (A) Sellers shall, at Sellers’ option, either deliver to Purchaser any security deposits actually held by Sellers pursuant to the Leases or credit to the account of Purchaser the amount of such security deposits (to the extent such security deposits are not applied against delinquent rents or otherwise as provided in the Leases), and (B) Purchaser shall credit to the account of Sellers all refundable cash or other deposits posted with utility companies serving a Property, or, at Sellers’ option, Sellers shall be entitled to receive and retain such refundable cash and deposits. Sellers shall also transfer to Purchaser any security deposits that are held in the form of letters of credit (the “SD Letters of Credit”) if the same are transferable, at the applicable Seller’s cost (including payment by such Seller on or before the Closing of any third party transfer fees and expenses); provided, however, if any of the SD Letters of Credit is not transferable, the applicable Seller shall request the tenant obligated under such SD Letters of Credit to cause a new letter of credit to be issued in favor of Purchaser in replacement thereof and in the event such a new letter of credit is not issued in
favor of Purchaser by Closing, the applicable Seller shall at its cost pursue such replacement after Closing and the applicable Seller shall take all reasonable action, as directed by Purchaser and at such Seller’s expense, in connection with the presentment of such SD Letters of Credit for payment as permitted under the terms of the applicable Lease.
(ii) Impositions shall be apportioned on the basis of the applicable tax year for which the same are assessed, imposed or charged, and otherwise in accordance with the provisions of this subsection. If, as of the Closing, the Impositions for a Property for the applicable tax year in which the Closing Date occurs have not been finally determined, then (i) the apportionment made at the Closing shall be upon the basis of the most recent rates thereof determined at the maximum discount rate allowed in the applicable jurisdiction, and (ii) promptly after the Impositions for such Property are finally determined, such apportionment shall be recomputed. Refunds of Impositions received by either a Seller or Purchaser after the Closing shall be attributed to the applicable tax year to which they relate, and the following provisions shall apply: (i) any such refund of Impositions attributed to any applicable tax year ending prior to the Closing shall be belong to the applicable Seller (and if received by Purchaser shall be paid to the applicable Seller when received), subject to the rights of tenants under Leases; and (ii) any such refund of Impositions received by the applicable Seller or Purchaser attributed to the applicable tax year in which the Closing occurs (less reasonable attorneys’ fees and other expenses incurred in obtaining such refund), shall be apportioned between the applicable Seller and Purchaser, when received, as otherwise herein-above provided, subject to the rights of tenants under Leases.
(iii) Charges referred to in Section 4.4(a) hereof that are payable by any tenant under a Lease directly to a third party shall not be apportioned hereunder, and Purchaser shall accept title subject to any of such charges unpaid and Purchaser shall look solely to the tenant responsible therefor for the payment of the same. If a Seller shall have paid any of such charges on behalf of any tenant, and shall not have been reimbursed therefor by the time of Closing, Purchaser shall pay to such Seller an amount equal to all such charges so paid by such Seller if and when Purchaser receives payment of such amount from such tenant.
(iv) Sellers shall receive the entire advantage of any discounts for the prepayment by it of any taxes, water rates or sewer rents assessed during Sellers’ period of ownership of the Properties.
(v) As to gas, electricity and other utility charges referred to in Section 4.4(a)(iv) hereof, Sellers shall use reasonable efforts to obtain readings of meters measuring utility consumption at the Properties (other than utilities which are the responsibility of tenants under Leases in effect as of the Closing Date) for all periods through (and including) the date preceding the Closing Date. Sellers shall pay, and be responsible, for all bills rendered on the basis of such readings. If such readings are not obtained for any metered utility, then, at the Closing, apportionment shall be made on the basis of the most recent period for which such
readings are available. Upon the taking of subsequent actual readings, there shall be a recalculation of the applicable utility charges, and Sellers or Purchaser, as the case may be, shall promptly remit to the other party hereto any amounts to which such party shall be entitled by reason of such recalculation (with Sellers being obligated to pay all such utility charges pertaining to the period through the day prior to the Closing Date, and Purchaser being obligated to pay all such utility charges pertaining to the period thereafter). Unmetered water charges or sewer rents shall be apportioned on the basis of the charges therefor for the same period during the previous calendar year, but applying the current rate thereto. As to any utility charges or sewer rents payable by tenants directly to the applicable utility company or municipality (as the case may be), Purchaser shall close title and accept the delivery of the deeds for the Properties subject to such unpaid charges and rents and any lien resulting therefrom, without credit against the Purchase Price or any claim or right of action against Sellers. All non-transferable utilities will be terminated by Sellers at or prior to Closing.
(vi) Intentionally Omitted.
(vii) Sellers shall be responsible for all Leasing Costs (as hereinafter defined) that are payable by reason of (i) the execution of a Lease which occurs prior to the Effective Date (an “Existing Lease”), (ii) the exercise by a tenant of any renewal, extension, expansion or other option under an Existing Lease, which exercise occurs prior to the Effective Date, and (iii) any amendment of an Existing Lease entered into prior to the Effective Date. Purchaser shall be responsible for all Leasing Costs that are payable by reason of the execution by the applicable Seller, after the Effective Date, of any of the Leases described on Schedule 4 annexed hereto, if any such Lease is entered into at any time by the applicable Seller prior to Closing. Except for the Leases described on Schedule 4, Purchaser and Sellers shall be responsible for all Leasing Costs that become due and payable as a result of (1) any Leases first entered into on or after the Effective Date (“New Leases”), (2) amendments to Leases entered into after the Effective Date to renew, extend, expand or otherwise amend Existing Leases or New Leases, and (3) the exercise by a tenant of any renewal, extension, expansion or other option under an Existing Lease, which exercise occurs on or after the Effective Date (all such Leasing Costs incurred with respect to each of the foregoing clauses (1), (2) and (3) being herein collectively called the “Shared Leasing Costs”), in each case prorated as follows: (i) Seller’s portion shall be equal to the Shared Leasing Costs times a fraction, the numerator of which shall be the amount of fixed rent due and payable during the term of such New Lease, amendment, renewal, extension or expansion described above, for the period commencing on the Effective Date and ending on the day immediately preceding the Closing Date, and the denominator of which shall be equal to the total amount of the fixed rent payable during the term of such New Lease, amendment, renewal, extension or expansion, and (ii) Purchaser’s portion shall be equal to the balance of the Shared Leasing Costs payable in respect of each such New Lease, amendment, renewal, extension or expansion described above (such amount being herein called “Purchaser’s Portion of Shared Leasing Costs”). Purchaser shall
assume the economic effect of any “free rent” or other rent concessions under any Lease pertaining to the period from and after the Closing. For purposes hereof, “Leasing Costs” shall mean, with respect to a particular Lease, all capital costs, expenses incurred for capital improvements, equipment, painting, decorating, partitioning and other items to satisfy the construction obligations of the landlord under such Lease (including any expenses incurred for architectural or engineering services in respect of the foregoing), “tenant allowances” in lieu of or as reimbursements for the foregoing items, payments made for purposes of satisfying or terminating the obligations of the tenant under such Lease to the landlord under another lease (i.e., lease buyout costs), relocation costs, temporary leasing costs, leasing commissions, brokerage commissions, legal, design and other professional fees and costs, in each case, to the extent the landlord is responsible for the payment of such cost or expense under the relevant Lease or any other agreement relating to such Lease. If, as of the Closing Date, Sellers shall have paid any Leasing Costs for which Purchaser is responsible pursuant to the foregoing provisions, Purchaser shall reimburse Sellers therefore at Closing. Sellers shall pay (or cause to be paid), prior to Closing, or credit Purchaser at Closing (to the extent unpaid) all Leasing Costs for which any Seller is responsible pursuant to the foregoing provisions.
(viii) Unpaid and delinquent rent collected by a Seller or Purchaser after the date of Closing shall be delivered as follows: (a) if a Seller collects any unpaid or delinquent rent for a Property, such Seller shall, within fifteen (15) days after the receipt thereof, deliver to Purchaser any such rent which Purchaser is entitled to hereunder relating to the date of Closing and any period thereafter, and (b) if Purchaser collects any unpaid or delinquent rent from a Property, Purchaser shall, within fifteen (15) days after the receipt thereof, deliver to the applicable Seller any such rent which the applicable Seller is entitled to hereunder relating to the period prior to the date of Closing. Any rents collected by a Seller or Purchaser after the Closing from any tenant who owes rents for periods prior to the Closing shall be applied as follows: (i) first, in payment of rents owed by such tenant for the month in which the Closing Date occurs, (ii) second, in payment of rents then owed by such tenant for each month after the month in which the Closing Date occurs, until all then current periods have been paid in full, and (iii) third, in payment of rents owed by such tenant for all periods prior to the month in which the Closing Date occurs. Each such amount, less any costs of collection (including reasonable attorney fees) reasonably allocable thereto, shall be adjusted and prorated as provided above, and the party who receives such amount shall promptly pay over to the other party the portion thereof to which it is so entitled. If any rents are collected by a Seller or Purchaser after the Closing, and the other party is entitled to receive all or any portion of such rent pursuant to this clause (viii), then such rents shall be held in trust by the collecting party for the benefit of such other party until such amount is paid over. Purchaser will make a good faith effort after Closing to xxxx for and collect all rents in the usual course of Purchaser’s operation of the Property, but Purchaser shall not be obligated to institute any lawsuit or other collection procedures to collect delinquent rents. In no event shall Sellers’ Representative or any Seller have the right after the Closing
to first commence an action or to pursue any action against any current tenants for delinquent amounts for which a Seller is entitled and are attributable to any period of time prior to the Closing Date.
(ix) If there are any rents or other charges under the Leases which, although relating to a period prior to Closing, do not become due and payable until after Closing or are paid prior to Closing but are subject to adjustment after Closing (such as year end common area expense reimbursements, percentage rent, operating expense and real estate taxes and the like), then any rents or charges of such type received by Purchaser or its agents or Seller or its agents subsequent to Closing shall, to the extent applicable to a period extending through the Closing, be prorated between Sellers and Purchaser (in the manner provided for in Section 4.4(b)(viii) above) when received by a Seller or Purchaser, as applicable. Without limiting the generality of the foregoing, to the extent that any portion of the rent (“Trued-Up Additional Rents”) payable under the Leases is required to be paid by the tenants thereunder in monthly or other installments on account of estimated amounts for any calendar year (or, if applicable, any other applicable accounting period), and at the end of such calendar year (or other applicable accounting period, as the case may be), such estimated amounts are to be recalculated based upon the actual expenses, taxes and other relevant factors for that calendar year or other applicable accounting period, with the appropriate adjustments being made with such tenants, then the Trued-Up Additional Rents shall initially be prorated between Sellers and Purchaser at the Closing based on such estimated payments actually paid by such tenants. At the time(s) of final calculation and collection from (or refund to) each tenant of the amounts in reconciliation of actual Trued-Up Additional Rents for a period for which estimated amounts paid by such tenant have been prorated as described above, there shall be a re-proration between the applicable Seller and Purchaser. If, with respect to any such tenant, the recalculated Trued-Up Additional Rents exceed the estimated amount paid by such tenant, upon collection from the tenant the Seller and Purchaser shall allocate the collected sums among the following classifications: (i) to an applicable Seller for recalculated sums that are attributable to any pro-rated accounting period that expired prior to Closing and reflect costs incurred and paid by the applicable Seller; (ii) to Purchaser for recalculated sums that are attributable to any pro-rated accounting period that expired prior to Closing and reflects costs incurred but not paid by the applicable Seller (“Unpaid Costs”), provided Purchaser must pay the Unpaid Costs and provide proof of payment to the applicable Seller; and (iii) to Purchaser for recalculated sums that are attributable to any pro-rated accounting period that expired after Closing and reflect costs incurred by Purchaser. If, with respect to any such tenant, the recalculated Trued-Up Additional Rents are less than the estimated amount paid by such tenant, (1) the entire shortfall (to the extent received by a Seller) shall be paid by such Seller to Purchaser (or, at such Seller’s option, directly to the tenant in question), if the accounting period for which such recalculation was made expired prior to the Closing and (2) such shortfall shall be apportioned between the applicable Seller and Purchaser as of the Closing Date, if the Closing occurred during the accounting period for which such recalculation was made, with the
applicable Seller paying to Purchaser (or, at such Seller’s option, directly to the tenant in question) the portion of such shortfall so allocable to such Seller (to the extent received by such Seller). If any amounts are collected by a Seller or Purchaser after the Closing, and the other party is entitled to receive all or any portion of such amounts pursuant to this clause (ix), then such amounts shall be held in trust by the collecting party for the benefit of such other party until such amount is paid over. Purchaser and Sellers shall make their books and records (including, without limitation, any gross sales reports and other back-up documentation necessary to calculate percentage rent and other income and expenses) available to each other to the extent necessary in order to carry out the intent of the forgoing provisions and shall cooperate with each other in connection therewith.
(x) If, after the Closing, any tenant commences an audit of rents or other charges charged to it under its Lease (a “Tenant Audit”) for periods, in whole or in part, prior to the Closing, or if any Tenant Audits that have been commenced prior to Closing have not been fully completed and resolved as of the Closing, then each of the Sellers and Purchaser shall be responsible after the Closing for providing information in its possession requested by tenants and otherwise cooperating with the other in the resolution of such Tenant Audits. To the extent any tenants are due refunds as a result of such Tenant Audits, each applicable Seller shall pay such amounts as are attributable to the period of its ownership, and Purchaser shall pay such amounts as are attributable to the period of its ownership, of the Property. To the extent any tenants are required to make additional payments as a result of such Tenant Audits, each applicable Seller shall be entitled to such amounts as are attributable to the period of its ownership, and Purchaser shall be entitled to such amounts as are attributable to the period of its ownership, of the Property. If any amounts are collected by a Seller or Purchaser after the Closing, and the other party is entitled to receive all or any portion of such amounts pursuant to this clause (x), then such amounts shall be held in trust by the collecting party for the benefit of such other party until such amount is paid over. Each of the Sellers and Purchaser shall make its books and records available after Closing to the other and to tenants per the terms of the Leases for the purposes of audit rights granted to such tenants.
(c) If a post-Closing true-up is necessary, Purchaser shall work diligently with Sellers to finalize the prorations as soon as possible, but in no event later than one-hundred and eighty (180) days after the close of the applicable calendar year (or other applicable accounting period). Purchaser shall be responsible for billing and collecting, if necessary, any amounts owed by tenants as a result of the true-up. Any discrepancy resulting from any errors or omissions in computing the foregoing apportionments, at the Closing or upon any re-computation, shall be promptly corrected, so long as notice of same is given to the other party in writing within twelve (12) months of the Closing Date.
(d) Sellers understand that Purchaser (or its permitted assignees) may be required to complete an audit of one or more of the Properties in accordance with U.S. Generally accepted accounting principles (GAAP) and that such audit(s) may be required to be filed with
the U.S. Securities and Exchange Commission. Sellers agree to provide any and all accounting records of Sellers relating to the Properties and which are necessary and reasonably required by Purchaser (or its permitted assignees) and its auditors to complete such audit(s) to the extent such records are in Sellers’ possession or reasonable control.
(e) The provisions of this Section 4.4 shall survive Closing.
4.5 Closing Costs.
(a) Sellers shall pay the following:
(i) the fees of any counsel representing it in connection with this transaction;
(ii) one-half (1/2) of any escrow fee which may be charged by Escrow Agent unless Purchaser receives a refund of the Xxxxxxx Money in which case Sellers shall not be responsible for any portion of any escrow fee which may be charged by Escrow Agent;
(iii) the cost of all documentary stamp, deed recording and other transfer taxes, if any, incurred in connection with the sale of the Properties to Purchaser; and
(iv) the aggregate amount of all prepayment penalties and prepayment fees due and payable by each Seller in connection with the payoff at Closing of the existing loan secured by a mortgage, deed to secure debt or deed of trust encumbering the Premises.
(b) Purchaser shall pay the following:
(i) the fees of any counsel representing Purchaser in connection with this transaction;
(ii) the cost of the any update or recertification of the Existing Surveys;
(iii) the fees for recording the deeds conveying the Properties to Purchaser or any other conveyance forms required to be recorded or filed under local law or custom;
(iv) one-half (1/2) of any escrow fees charged by Escrow Agent unless Purchaser receives a refund of the Xxxxxxx Money in which case Purchaser shall be responsible for the entire portion of any escrow fee which may be charged by Escrow Agent; and
(v) all costs (including title insurance premiums) relating to procurement of the Title Commitments and/or the Title Policies and any requested endorsements, whether owner’s or lender endorsements.
(c) All other costs and expenses incident to this transaction and the closing thereof shall be paid by the party incurring same.
4.6 Conditions Precedent to Obligation of Purchaser. The obligation of Purchaser to consummate the transaction hereunder shall be subject only to the fulfillment on or before the Closing Date of all of the following conditions, any or all of which may be waived by Purchaser in its sole discretion:
(a) All of the representations and warranties of Sellers contained in this Agreement shall be true and correct in all material respects as of the date of Closing (with appropriate modifications permitted under this Agreement, including, without limitation, under Section 4.2(i)).
(b) Seller shall have performed and observed, in all material respects, all material covenants and agreements of this Agreement to be performed and observed by Seller under this Agreement, including executing and delivering each of the documents to be executed and delivered by Seller pursuant to the terms of Section 4.2 hereof.
(c) The Tenant Estoppel Condition (as hereinafter defined) shall be satisfied.
(d) The REA Estoppel Condition (as hereinafter defined) shall be satisfied.
(e) At no time on or before the Closing Date shall any of the following have been done by, against or with respect to any of the Sellers: (a) the commencement of a case under Title 11 of the U.S. Code or under any other applicable federal or state bankruptcy or similar law; (b) the appointment of a trustee or receiver of any property interest; (c) an assignment for the benefit of creditors; (d) an attachment, execution or other judicial seizure of a substantial property interest; (e) the taking of, failure to take, or submission to any action indicating an inability to meet its financial obligations as they accrue; or (f) a dissolution or liquidation.
(f) At no time between the date that the Inspection Period expires and the Closing Date shall any of the following been done by, against, or with respect to the tenants under five (5) or more of the Leases set forth on Schedule 7 attached hereto (i) the commencement of a case under Title 11 of the U.S. Code or under any other applicable federal or state bankruptcy or similar law, (ii) the appointment of a trustee or receiver of any property interest, (iii) an assignment for the benefit of creditors; or (iv) an attachment, execution or other judicial seizure of a substantial property interest of such tenant (for example, if Publix were to file for bankruptcy after the Inspection Period has expired, that would constitute a filing under three (3) of the Leases set forth on Schedule 7).
(g) Subject to Purchaser’s payment of all costs relating to the procurement of the Title Policies, the Title Company shall have issued, or shall be ready, willing and irrevocably committed to issue, the Title Policy for each Property to Purchaser at Closing, subject to the Permitted Exceptions.
(h) No event or condition shall exist that, pursuant to the express provisions of this Agreement, would allow Purchaser to terminate this Agreement.
If any condition set forth in this Section 4.6 is not met, Purchaser may (x) waive any of the foregoing conditions and proceed to Closing on the Closing Date with no offset or deduction from the Purchase Price, (y) terminate this Agreement and receive a return of the Xxxxxxx Money from the Escrow Agent or (z) if such failure constitutes a default by Sellers of their covenants hereunder, exercise any of its remedies pursuant to Section 6.2. Notwithstanding the foregoing, if Purchaser gives such a termination notice due to the fact that the representations and warranties of Sellers contained in this Agreement are not be true and correct in all material respects as of the date of Closing as provided in (and subject to the terms of) clause (a) above, Sellers shall have the option (in their sole discretion) (i) to rescind Purchaser’s termination of this Agreement and adjourn the Closing for a period not to exceed ten (10) days beyond the then scheduled Closing Date in order to make the misrepresentation(s) in question not materially inaccurate, and/or (ii) if such misrepresentation(s) can be cured or made not materially inaccurate by the payment of a sum of money, to agree to pay or credit Purchaser such sum of money at the Closing (in which event such termination notice shall be rescinded and, except for the payment or credit of such sum of money, Seller shall have no further liability on account of such misrepresentation nor shall Purchaser have any right to terminate this Agreement on account thereof).
Without limiting the generality of the foregoing (and notwithstanding anything to the contrary contained in this Agreement), Purchaser acknowledges and agrees that Purchaser’s obligation to close the purchase and sale of the Properties as contemplated hereunder is not conditioned on (i) except as otherwise set forth in Section 4.6(f), any of the Leases set forth on the Lease Schedule being in full force or effect (or the non-existence of any default thereunder), provided that the foregoing shall not be deemed to modify Purchaser’s right to terminate this Agreement as a result of Sellers’ failure to satisfy the Tenant Estoppel Condition, (ii) any Property Contract being in full force or effect (or the non-existence of any default thereunder), (iii) Purchaser obtaining financing in any form, or (iv) any other matter not expressly specified in this Section 4.6.
4.7 Conditions Precedent to Obligation of Seller. The obligation of Sellers to consummate the transaction hereunder shall be subject to the fulfillment on or before the Closing Date of all of the following conditions, any or all of which may be waived by Sellers in their sole discretion:
(a) Sellers shall have received the Purchase Price as adjusted pursuant to and payable in the manner provided for in this Agreement.
(b) All of the representations and warranties of Purchaser contained in this Agreement shall be true and correct in all material respects as of the Closing Date.
(c) Purchaser shall have performed and observed, in all material respects, all material covenants and agreements of this Agreement to be performed and observed by Purchaser as of the Closing Date, including executing and delivering each of the documents to be executed and delivered by Purchaser pursuant to the terms of Section 4.3 hereof.
(d) At no time on or before the Closing Date shall any of the following have been done by, against or with respect to Purchaser: (a) the commencement of a case under Title
11 of the U.S. Code or under any other applicable federal or state bankruptcy or similar law; (b) the appointment of a trustee or receiver of any property interest; (c) an assignment for the benefit of creditors; (d) an attachment, execution or other judicial seizure of a substantial property interest; (e) the taking of, failure to take, or submission to any action indicating an inability to meet its financial obligations as they accrue; or (f) a dissolution or liquidation.
(e) No event or condition shall exist that, pursuant to the express provisions of this Agreement, would allow a Seller to terminate this Agreement.
If any condition set forth in this Section 4.7 is not met, Sellers may (x) waive any of the foregoing conditions and proceed to Closing on the Closing Date, (y) terminate this Agreement or (z) if such failure constitutes a default by Purchaser, exercise any of its remedies pursuant to Section 6.1.
ARTICLE V
REPRESENTATIONS, WARRANTIES AND COVENANTS
5.1 Representations and Warranties of Sellers. Except for any fact, information or condition disclosed to Purchaser or otherwise known by Purchaser prior to the Closing, each Seller, individually and severally with respect only to itself and its Property, represents and warrants to Purchaser the following:
(a) Organization and Authority. Each Seller is a duly organized and validly existing under the laws of the State of Delaware. Each Seller has the full right, power and authority to enter into this Agreement and to transfer all of the Property to be conveyed by such Seller pursuant hereto and to consummate or cause to be consummated the transactions contemplated herein to be made by such Seller. The person signing this Agreement on behalf of each Seller is authorized to do so.
(b) Pending Actions. Except as set forth on Schedule 2 annexed hereto, each Seller has not received any written notice of any litigation pending against such Seller’s Property which, if adversely determined against such Seller, would individually or in the aggregate have a material adverse effect on title to such Seller’s Property or any portion thereof or which would in any material way interfere with the consummation by such Seller of the transaction contemplated by this Agreement. Further, except as set forth on Schedule 2 annexed hereto, each Seller has not received written notice of any, and, to each Seller’s knowledge, there is no, litigation, arbitration, mediation, action, suit or investigation pending, or to each Seller’s knowledge, threatened against such Seller’s Property which, if adversely determined against such Seller, would individually or in the aggregate have a material adverse effect on such Seller’s Property, or the operation thereof, either directly or indirectly.
(c) Leases. Except for the Leases set forth on the Lease Schedule, there are no leases or occupancy agreements to which a Seller is a party affecting each Property. Each Seller has heretofore delivered or made available to Purchaser a true and correct copy of each Lease (including all amendments thereto) that is in such Seller’s possession or reasonable control. Except as set forth on the Lease Schedule or the rent rolls or the arrearage reports
attached hereto as Schedule 3, (i) the Leases have not been modified in any material respect, (ii) no security deposit has been furnished under any Lease, (iii) no fixed rent has been prepaid more than one month in advance under any of the Leases, (iv) no Seller has given or received any default notice under any of the Leases (excluding any default notices as to which the default referenced therein has been, or is currently being, cured), (v) no Seller is in material default under any of the Leases, and to each Seller’s knowledge, no tenant under any of the Leases is in material default of such tenant’s obligations under its Lease, (vi) there are no brokerage commissions due and payable with respect to any of the Leases and (vii) as of the date set forth in the arrearage reports attached hereto as Schedule 3, all rents (base, additional and percentage) are being paid and are current. The information on the rent rolls attached hereto as Schedule 3 is true and correct in all material respects; provided, however, that if there is any discrepancy between the information contained in Schedule 3 and the terms and provisions of any of the Leases, Seller shall not be deemed to have breached the representation contained in this sentence by reason of such discrepancy (nor shall Purchaser otherwise have any rights or remedies hereunder on account of such discrepancy). Each Seller is the lessor or landlord or the successor lessor or landlord under the Leases in effect with respect to such Seller’s Property. Except as set forth in the Lease Schedule or in Schedule 3, there are no outstanding Leasing Costs or other uncompleted contractual obligations of a Seller to Tenants of such Seller’s Property to build out, repair or remodel the Seller’s Property, other than those that the Sellers are obligated to pay for pursuant to Section 4.4(b)(vii). For purposes of Section 5.1(c)(v), a default under a Lease shall be deemed to be “material” if Purchaser can reasonably demonstrate that the cost to remediate such default is more than Fifty Thousand Dollars ($50,000.00).
(d) Condemnation. No Seller has received written notice of any pending condemnation proceedings relating to a Property or, to Seller’s knowledge, any threatened condemnation proceedings.
(e) Property Contracts. Each Seller has heretofore delivered or made available to Purchaser a true and correct copy of each Property Contract (including all material amendments thereto) that is in such Seller’s possession or reasonable control.
(f) FIRPTA. Seller is not a “foreign person” within the meaning of Section 1445 of the Internal Revenue Code of 1986, as amended.
(g) Violations. As of the Effective Date, to each Seller’s knowledge, no Seller has received from any governmental authority written notice of any violation of any Applicable Laws pertaining to such Seller’s Property which remains uncured.
(h) Bankruptcy. Each Seller has not (i) made a general assignment for the benefit of creditors, (ii) filed any voluntary petition in bankruptcy or suffered the filing of any involuntary petition by such Seller’s creditors, (iii) suffered the appointment of a receiver to take possession of all, or substantially all, of such Seller’s assets, (iv) suffered the attachment or other judicial seizure of all, or substantially all, of such Seller’s assets, (v) admitted in writing its inability to pay its debts as they come due, or (vi) made an offer of settlement, extension or composition to its creditors generally.
(i) Tax Appeals. Except as may be set forth on Schedule 5 attached hereto and made a part hereof, each Seller has not filed (nor has anyone on behalf of Seller so filed) any notices of protests against or commenced any action to review, real property tax assessments against such Seller’s Property, which remain outstanding or are pending.
(j) Performance Bonds. To each Seller’s knowledge, there are no performance, payment, maintenance, or other bonds outstanding or due to be posted to any state or local government with respect to the development or operation of such Seller’s Property or the roads or utilities serving the same, other than the types of matters billed for on the annual real estate tax xxxx for such Seller’s Property.
(k) OFAC. Each Seller represents and warrants that (a) Seller and, to Seller’s actual knowledge, each person or entity owning an interest in Seller is (i) not currently identified on the Specially Designated Nationals and Blocked Persons List maintained by the Office of Foreign Assets Control, Department of the Treasury (“OFAC”) and/or on any other similar list maintained by OFAC pursuant to any authorizing statute, executive order or regulation (collectively, the “List”), and (ii) not a person or entity with whom a citizen of the United States is prohibited to engage in transactions by any trade embargo, economic sanction, or other prohibition of United States law, regulation, or Executive Order of the President of the United States, and (iii) not an “Embargoed Person,” (b) to Seller’s actual knowledge, none of the funds or other assets of Seller constitute property of, or are beneficially owned, directly or indirectly, by any Embargoed Person (as hereinafter defined), and (c) to Seller’s actual knowledge, no Embargoed Person has any interest of any nature whatsoever in Seller (whether directly or indirectly). The term “Embargoed Person” means any person, entity or government subject to trade restrictions under U.S. law, including but not limited to, the International Emergency Economic Powers Act, 50 U.S.C. §1701 et seq., The Trading with the Enemy Act, 50 U.S.C. App. 1 et seq., and any Executive Orders or regulations promulgated thereunder. Notwithstanding the foregoing, each of the representations contained in this clause (k) shall not apply to any person, entity or government (x) having a ten percent (10%) or less direct or indirect interest in a Seller, (y) whose securities are listed on a national securities exchange, or quoted on an automated quotation system, in the United States, or a wholly-owned subsidiary of such a person, entity or government or (z) who is an “employee pension benefit plan” or “pension plan” as defined in Section 3(2) of the U.S. Employee Retirement Income Security Act of 1974, as amended.
(l) Renaissance Lease Purchase Contract. The Renaissance Lease Purchase Contract (as hereinafter defined) is in full force and effect and, to Hunter’s Creek Seller’s knowledge, neither Hunter’s Creek Seller nor the purchaser thereunder are in default of any terms thereof.
(m) Threaten Litigation Disclosure. Sellers have furnished to Purchaser all documents and information that Sellers believe are material to the potential litigation matter disclosed in Schedule 2 attached hereto. The documents and information provided by Sellers to Purchaser accurately describe the nature and substance of the dispute underlying the potential litigation matter disclosed in Schedule 2 attached hereto.
5.2 Knowledge Defined. References to the “knowledge” of a Seller (or words of similar import) shall refer only to the actual knowledge of the Designated Representatives, without any duty to investigate, and shall not be construed, by imputation or otherwise, to refer to the knowledge of a Seller, or any affiliate of a Seller, to any property manager, or to any other officer, agent, manager, representative or employee of a Seller or any affiliate thereof or to impose upon the Designated Representatives any duty to investigate the matter to which such actual knowledge, or the absence thereof, pertains, or to impose any liability on the Designated Representatives. As used herein, the term “Designated Representatives” shall refer to the following persons: Xxxx Xxxxxxxxx and Xxxx Xxxxx.
5.3 Limitations on Sellers’ Representations and Warranties. The representations and warranties of Sellers set forth in Section 5.1 hereof, as updated by the certificate of Sellers to be delivered to Purchaser at Closing in accordance with Section 4.2(i) hereof, shall survive Closing for a period of nine (9) months. No post-Closing claim for a breach of any representation or warranty of a Seller shall be actionable or payable (a) if the breach in question results from or is based on a condition, state of facts or other matter which was known to Purchaser prior to Closing, (b) unless the valid claims for all such breaches collectively aggregate more than Two Hundred Fifty Thousand Dollars ($250,000.00), in which event the full amount of such claims shall be actionable, and (c) unless written notice containing a description of the specific nature of such breach shall have been given by Purchaser to Sellers’ Representative prior to the expiration of said nine (9) month survival period and an action shall have been commenced by Purchaser against the applicable Seller prior to the expiration of said nine (9) month survival period. Purchaser agrees to first seek recovery under any insurance policies, service contracts and Leases and any guaranties relating thereto, prior to seeking recovery from Sellers, and Sellers shall not be liable to Purchaser if, and to the extent, Purchaser’s claim is satisfied from such insurance policies, service contracts or the Leases (including guaranties). Notwithstanding anything to the contrary contained herein, at law or in equity, in no event shall Sellers’ aggregate liability to Purchaser under this Agreement, including, without limitation, a breach of any representation or warranty of a Seller in this Agreement or the certificate to be delivered by Sellers at Closing pursuant to Section 4.2(i) hereof, exceed Six Million Dollars ($6,000,000.00).
5.4 Certain Pre-Closing Covenants.
(a) General Operations. From the Effective Date hereof until the Closing or earlier termination of this Agreement, Sellers shall use reasonable efforts to operate and maintain the Properties in a manner generally consistent with the manner in which Sellers have operated and maintained the Properties prior to the date hereof, including, without limitation, the continuation of ongoing leasing activities at the Properties; provided, however, that Sellers shall have no obligation whatsoever to make any capital expenditures or alterations to the Properties. From and after the Effective Date and until the Closing, Sellers shall, at their expense, continue to maintain the insurance policies covering the Improvements which are currently in force and effect.
(b) Tenant Estoppel Certificates.
(i) The capitalized terms set forth below shall have the following meanings:
“Major Tenant” shall mean a tenant leasing not less than 10,000 rentable square feet within the Improvements at a Property pursuant to a Lease.
“Qualifying Estoppel Certificate” shall mean, with respect to any Lease, a Tenant Estoppel Certificate that, as completed by the holder of the tenant’s interest under such Lease, does not contain any information that is inconsistent, in any material and adverse respect, with the representations of Seller set forth in this Agreement, including, without limitation, the representation set forth in Section 5.1(c)(v).
“REA Estoppel Certificate” shall mean with respect to any declarations, covenants, reciprocal easement agreements or other similar agreements of record against a Property (collectively, the “REA Agreements”), an estoppel certificate which (i) confirms the material terms of the payment of certain costs, including, but not limited, to assessments and common area maintenance charges due from any party to each such REA Agreement and (ii) confirms the absence of any material defaults by the applicable Seller and the other applicable parties thereto as of the date thereof; provided, however, that if such REA Agreement prescribes the form and/or content of an estoppel certificate to be delivered by a party thereunder, then (notwithstanding the foregoing) the term “REA Estoppel Certificate” shall mean, with respect to such REA Agreement, an estoppel certificate in the form and/or containing the content so prescribed by such REA Agreement.
“Tenant Estoppel Certificate” shall mean with respect to any Lease, an estoppel certificate substantially in the form of Exhibit I annexed hereto; provided, however, that if such Lease prescribes the form and/or content of an estoppel certificate to be delivered by the tenant thereunder, then (notwithstanding the foregoing) the term “Tenant Estoppel Certificate” shall mean, with respect to such Lease, an estoppel certificate in the form and/or containing the content so prescribed by such Lease.
(ii) Sellers shall use commercially reasonable efforts (but without the obligation to expend material sums of money, incur material liability, provide any financial accommodations or commence any litigation) to obtain and deliver to Purchaser prior to Closing, Qualifying Estoppel Certificates signed by (A) each Major Tenant and (B) each tenant that is not a Major Tenant (each a “Non-Major Tenant”) at each Property, such that Purchaser shall have received Qualifying Tenant Estoppel Certificates, on a Property by Property basis, from Non-Major Tenants leasing in the aggregate not less than seventy-five percent (75%) of the leased rentable area of the Improvements under Leases to Non-Major Tenants as of the Effective Date (collectively, the “Tenant Estoppel Condition”). Notwithstanding anything to the contrary contained in this Agreement, upon delivery of a Qualifying Estoppel Certificate, Sellers shall be entirely released from any liability under Seller’s representations (including, without limitation, any update of the representations) concerning the information contained in such Qualifying Estoppel Certificate, to the extent such information is consistent with, or more favorable than, the information contained in Sellers’ representations.
(iii) Notwithstanding the foregoing, if a Seller obtains Qualifying Tenant Estoppel(s) from Non-Major Tenants leasing more than sixty percent (60%) of the leased rentable area of the Improvements under Leases to Non-Major Tenants as of the Effective Date, but less than seventy five percent (75%) of such leased rentable area, then in order to satisfy the
Tenant Estoppel Condition, such Seller shall have the right, but not the obligation, to deliver to Purchaser a certificate from such Seller pursuant to which such Seller certifies to Purchaser (as of the Closing Date) as to the matters that would have been set forth in the applicable Tenant Estoppel had such Tenant Estoppel Certificate been executed by the applicable Non-Major Tenant. In such event, such certificate from such Seller shall constitute a “Qualifying Estoppel Certificate” for all purposes hereof. Any such certificate of Seller shall survive for nine (9) months following the Closing Date; provided, however, that if (x) at any time prior to the expiration of such nine (9) month period either Seller or Purchaser receives a Tenant Estoppel Certificate from the tenant covered in any such Seller’s certificate, and (y) the statements set forth in such Tenant Estoppel Certificate are not inconsistent, in any material respect, with the statements set forth in the corresponding Seller’s certificate, then such Seller’s certificate shall be returned to Seller and shall be deemed null and void and of no further force or effect. Notwithstanding the foregoing, in no event shall a Seller be entitled to provide a Seller’s certificate in lieu of a Tenant Estoppel Certificate with respect to any Major Tenant.
(iv) Sellers shall use commercially reasonable efforts (but without the obligation to expend material sums of money, incur material liability, provide any financial or other accommodations or commence any litigation) to obtain and deliver to Purchaser prior to Closing, REA Estoppel Certificates with respect to each REA Agreement set forth on Schedule 6, signed by the applicable owner’s association, declarant and/or, to the extent applicable, each of the other parties thereto (the “REA Estoppel Condition”). Notwithstanding the foregoing, if after good faith efforts, a Seller is unable to obtain any such REA Estoppel Certificate, the Seller of the Property for which the REA Agreement is applicable shall have the right, but not the obligation, to deliver to Purchaser a certificate from such Seller pursuant to which such Seller certifies to Purchaser (as of the Closing Date) as to those matters that would have been set forth in the applicable REA Estoppel Certificate had such REA Estoppel Certificate been executed by the applicable parties. In such event, such REA Estoppel Certificate from such Seller shall be deemed to satisfy the REA Estoppel Condition for all purposes hereof. Any such certificate of Seller shall survive for nine (9) months following the Closing Date; provided, however, that if (x) at any time prior to the expiration of such nine (9) month period either Seller or Purchaser receives a REA Estoppel Certificate from the applicable parties covered in any such Seller’s certificate, and (y) the statements set forth in such REA Estoppel Certificate are not inconsistent, in any material respect, with the statements set forth in the corresponding Seller’s certificate, then such Seller’s certificate shall be returned to Seller and shall be deemed null and void and of no further force or effect.
(c) Leasing. Commencing on the Effective Date and ending on the date that is five (5) days before the expiration of the Inspection Period, Sellers may enter into New Leases, and terminate, renew and/or make modifications to the Leases without the approval of Purchaser, provided that Sellers’ Representative provides Purchaser with a copy of each such New Lease, Lease modification, renewal and/or termination (together with a summary of all Leasing Costs payable with respect thereto), at least five (5) days before the expiration of the Inspection Period. Between the date which is five (5) days before the expiration of the Inspection Period and the Closing, provided that Purchaser is not in default under this Agreement, Sellers shall not enter into any renewal, modification or termination of any Lease (other than (i) pursuant to a Contingent Exercise Event (as hereinafter defined) or (ii) a termination of Lease as a result of a default by the tenant thereunder), or enter into any New Lease, without Purchaser’s prior written
consent in each instance, which consent shall not be unreasonably withheld, conditioned or delayed. A copy of any renewal, modification or termination (other than pursuant to a Contingent Exercise Event or a termination of Lease as a result of a default by the tenant thereunder) or any New Lease that a Seller wishes to execute between the date which is five (5) days before the expiration of the Inspection Period and the date of Closing will be submitted to Purchaser prior to execution by such Seller. Purchaser agrees to notify Sellers’ Representative in writing, within five (5) Business Days after its receipt of any such proposed renewal, termination or modification of a Lease or a New Lease, of either Purchaser’s approval or disapproval thereof (and any disapproval by Purchaser must specify in detail the reasons for such disapproval). If Purchaser fails to notify Sellers’ Representative in writing of its approval or disapproval thereof within the five (5) Business Day time period required by the immediately preceding sentence (time being of the essence with respect thereto), then such failure shall be deemed to be the approval by Purchaser of the proposed New Lease or renewal, modification or termination of a Lease, as the case may be. For purposes hereof, the term “Contingent Exercise Event” shall mean the exercise by a tenant, after the Effective Date, of any rights of such tenant (such as renewal rights, extension rights, expansion rights, first offer rights, rights of first refusal, and termination rights) under such tenant’s Lease. Purchaser acknowledges that it shall not have any approval rights over any renewal, extension, expansion or other modification of a Lease that is entered into by any Seller as a result of a Contingent Exercise Event; provided that if any Contingent Exercise Event that is to go into effect between the date which is five (5) days before the expiration of the Inspection Period and the date of Closing requires any Seller to negotiate with any tenant with respect to any material lease terms (including any determination of “market rate” rent to be paid, refurbishment or tenant improvement allowance determinations, etc.) in connection with such renewal, extension, expansion or other modification, such Seller shall provide written notice of such material lease terms to Purchaser for its review and approval in accordance with the time periods for Purchaser’s approval set forth herein for new Leases, renewals, modifications or terminations which are not Contingent Exercise Events.
(d) Property Contracts. None of the Sellers guarantee or undertake that any of the Property Contracts will be in effect as of the Closing. Each Seller reserves the right to modify or terminate any existing Property Contract, or enter into new service contracts with respect to such Seller’s Property, provided that such existing Property Contract (or such new service contract, as the case may be) is terminable on not more than thirty (30) days prior notice without payment of any premium or penalty (unless Seller, in its sole discretion, agrees to pay the premium or penalty). Purchaser hereby agrees to accept and assume, at Closing, all of the Property Contracts (as well as any new service contracts that are entered into in accordance with this Section 5.4(d)) that are in effect as of the Closing Date, subject to and in accordance with the provisions, terms and conditions of the agreement annexed hereto as Exhibit G. Notwithstanding anything to the contrary contained herein, each property management agreement and any leasing agreements or commission agreements in affect with respect to a Property shall be terminated by Seller, at Seller’s sole cost and expense, on or before the Closing Date.
(e) Renaissance Lease Purchase Option. Hunter’s Creek Seller (as such term is defined in the Seller Information Schedule) has advised Purchaser that, pursuant to that certain Ground Lease between Hunter’s Creek Seller, as landlord, and Renaissance Charter School, Inc., as Tenant, dated March 22, 2013 (as amended, the “Renaissance Lease”), Red Apple Development, LLC has exercised its right to purchase the premises demised under the
Renaissance Lease, upon the terms and conditions set forth in the Renaissance Lease and in the Agreement for Purchase and Sale attached as Exhibit F thereto (as amended, the “Renaissance Lease Purchase Contract”). The premises demised under the Renaissance Lease are more particularly described in the Renaissance Lease Purchase Contract (the “Renaissance Lease Premises”). Further, pursuant to that certain Assignment of Agreement of Purchase and Sale, Red Apple Development, LLC has assigned all of its right, title and interest in and to the Renaissance Lease Purchase Contract to Red Apple At Town Center, LLC (the “Renaissance Premises Purchaser”). Purchaser hereby acknowledges receipt of a copy of the Renaissance Lease and the Renaissance Lease Purchase Contract. Hunter’s Creek Seller hereby agrees to use commercially reasonable efforts to comply with and perform any and all of its material obligations under the Renaissance Lease Purchase Contract which are required to be performed by it prior to the Closing Date. In connection therewith, Sellers and Purchaser hereby agree as follows:
(i) If the closing of the sale of the Renaissance Lease Premises pursuant to the terms of the Renaissance Lease and the Renaissance Lease Purchase Contract occurs prior to or concurrently with the Closing, then Sellers and Purchaser shall proceed to the Closing of the purchase and sale of the Properties on the same terms and conditions contained in this Agreement, provided, however, this Agreement automatically shall be deemed to be modified as follows:¨
(1) the Renaissance Lease Premises shall no longer be deemed part of the Hunter’s Creek Property and the legal description of the Hunter’s Creek Property set forth in Exhibit A-4 attached hereto shall be modified to exclude the Renaissance Lease Premises;
(2) the portion of the Purchase Price allocated to the Hunter’s Creek Property in Seller’s Information Schedule shall be reduced by Three Million Two Hundred Fifty Thousand Dollars ($3,250,000.00) and, accordingly, the Purchase Price shall be reduced by such amount;
(3) at Closing, Hunter’s Creek Seller shall assign to Purchaser all of Hunter’s Creek Seller’s right, title and interest under the Right of First Refusal Agreement (as such term is defined in the Renaissance Lease Purchase Contract) pursuant to an assignment agreement in the form of Exhibit J-1 attached hereto (the “Assignment of Hunter’s Creek Right of First Refusal”), as such form may need to be modified for the purposes of being recorded in the applicable county in which the Renaissance Lease Premises are located;
(4) Hunter’s Creek Seller shall be entitled to receive all sale proceeds as a result of the sale of the Renaissance Lease Premises and Purchaser shall not be entitled to receive any portion thereof; and
(5) except for the Assignment of Hunter’s Creek Right of First Refusal, Seller and Purchaser shall no longer have any further rights,
obligations or liabilities hereunder to each other with respect to the Renaissance Lease or the Renaissance Lease Premises.
(ii) If the closing of the sale of the Renaissance Lease Premises pursuant to the terms of the Renaissance Lease and the Renaissance Lease Purchase Contract has not occurred prior to or concurrently with the Closing, then (x) Sellers and Purchaser shall proceed to the Closing of the purchase and sale of the Properties (including the Renaissance Lease Premises) on the same terms and conditions contained in this Agreement without reduction of or offset against the Purchase Price as a result thereof and (y) at Closing, Hunter’s Creek Seller shall assign to Purchaser, and Purchaser shall assume from Hunter’s Creek Seller, all of Hunter’s Creek Seller’s right, title and interest, as seller, in and to the Renaissance Lease Purchase Contract pursuant to an assignment and assumption agreement in the form of Exhibit J-2 attached hereto (the “Assignment of the Renaissance Lease Purchase Contract”). If required under the Renaissance Lease Purchase Contract, Hunter’s Creek Seller shall obtain the Renaissance Lease Purchaser’s consent to the assignment to, and assumption by, Purchaser of the Renaissance Lease Purchase Contract,
(iii) Sellers have advised Purchaser that (A) the legal description for the Renaissance Lease Premises set forth on Exhibit J to the Renaissance Lease is not the same as the legal description set forth in the Renaissance Lease Purchase Contract and (B) the current legal description on file with the Orange County Property Appraiser’s Office under the tax parcel identification number for the Renaissance Lease Premises is incorrect. Sellers have further advised Purchaser that the Orange County Property Appraiser’s Office has advised the Hunter’s Creek Seller that once the deed to convey the Renaissance Lease Premises has been recorded, the Orange County Property Appraiser’s Office will adjust the tax parcel identification number for the Renaissance Lease Premises to reflect the new legal description.
(f) Publix ROFO. Clay Seller (as such term is defined in the Seller Information Schedule) has advised Purchaser that pursuant to that certain Lease Agreement dated January 17, 2003 between Colonial Realty Limited Partnership, as landlord, and Publix Alabama, LLC (“Publix”), as tenant (as amended, the “Publix Lease”), if Clay Seller decides to sell the Clay Property (as such term is defined in the Seller Information Schedule), then the following shall apply: (i) Clay Seller must first offer to sell the Clay Property to Publix (the “Publix ROFO”), (ii) Publix has 30 days from receipt of such offer to exercise the Publix ROFO and elect to buy the Clay Property, and (iii) if Publix has not exercised the Publix ROFO within such 30 day period, then Publix shall be deemed to have waived its rights to purchase the Clay Property pursuant to such offer. In connection therewith, Sellers and Purchaser agree that:
(i) not later than ten (10) Business Days after the Effective Date, Clay Seller shall deliver a written notice to Publix, pursuant to which Clay Seller shall offer to sell the Clay Property (but not the other Properties) to Publix for a price not less than the portion of the Purchase Price allocated to the Clay Property pursuant to, and in accordance with, the terms of Section 1.4 (such allocated
portion of the Purchase Price being herein called the “Clay Property Purchase Price”) and otherwise on all of the same material terms and conditions set forth in this Agreement that are applicable to the Clay Property (which shall include a deposit and an additional deposit equal to the amount of the Deposit and the Additional Deposit, respectively, times a fraction, the numerator of which is equal to the Clay Property Purchase Price and the denominator of which is equal to the Purchase Price);
(ii) If Publix (x) does not exercise the Publix ROFO in accordance with the terms of the Publix Lease, (y) exercises the Publix ROFO but fails to enter into a contract of sale for the Clay Property or (z) enters into a contract of sale for the Clay Property but such contract is not in full force and effect at the Closing, then Clay Seller shall continue to be obligated to sell, and Purchaser shall continue to be obligated to purchase, the Clay Property pursuant to the terms of this Agreement. In such event, Clay Seller shall use commercially reasonable efforts (without any obligation to commence any legal action or proceeding) to obtain a written acknowledgement from Publix that Publix has waived its right to purchase the Clay Property under the Publix ROFO on the terms set forth in the notice described in clause (i) above;
(iii) if Publix (x) exercises the Publix ROFO in accordance with the terms of the Publix Lease and enters into a contract of sale with Clay Seller to purchase the Clay Property (the “Clay Property Contract”), which Clay Property Contract shall be subject to the prior review and approval of Purchaser, which approval shall not be unreasonably withheld, conditioned or delayed, (y) the Clay Property Contract is in full force and effect on the Closing Date and (z) the closing of the sale of the Clay Property pursuant to the terms of the Clay Property Contract has not occurred prior to or concurrently with the Closing, then (x) Sellers and Purchaser shall proceed to the Closing of the purchase and sale of all of the Properties (including the Clay Property) on the same terms and conditions contained in this Agreement without reduction of or offset against the Purchase Price and (y) at Closing, Clay Seller shall assign to Purchaser, and Purchaser shall assume from Clay Seller, all of Clay Seller’s right, title and interest, as seller, in and to the Clay Property Contract pursuant to an assignment and assumption agreement in the form of Exhibit K attached hereto (the “Assignment of the Clay Property Contract”); and
(iv) if Publix exercises the Publix ROFO in accordance with the terms of the Publix Lease and the closing of the sale of the Clay Property pursuant to the terms of the Clay Property Contract occurs prior to or concurrently with the Closing, then the following shall apply: (1) the Clay Property shall no longer be included within the definition of “Properties”, (2) Clay Seller shall no longer be deemed to be a party to this Agreement; (3) all references in this Agreement to the Clay Property and Clay Seller shall be deemed to have been deleted from this Agreement (including without limitation the Seller’s Information Schedule relating to the Clay Property), and (4) the Purchase Price shall be reduced by an amount equal to the Clay Property Purchase Price. Accordingly, upon the sale of
the Clay Property by Clay Seller pursuant to the Clay Property Contract, Clay Seller shall have no further obligation under this Agreement to sell, and Purchaser shall have no further obligation under this Agreement to purchase, the Clay Property.
(g) Trussville I Outparcels.
(i) Trussville I Seller (as such term is defined in the Seller Information Schedule) has advised Purchaser that the two (2) parcels designated as “Lot 1 Outparcel” (the “Lot 1 Outparcel”) and as “Lot 4 Outparcel” (the “Lot 4 Outparcel”, and together with the Lot 1 Outparcel, collectively, the “Trussville I Outparcels” and, each a “Trussville I Outparcel”) in the legal description for the Trussville I Property set forth in Exhibit A-2 attached hereto were inadvertently excluded from the transfer of the Trussville I Property at the time the Trussville I Seller purchased the Trussville I Property. Notwithstanding the foregoing, subject to the terms set forth in clause (iii) below, the Trussville I Outparcels are included in the definition of the “Properties” and, between the Effective Date and the Closing, all of the terms and conditions of this Agreement shall be deemed to apply to the Trussville I Outparcels as if the Trussville I Seller is the owner of the Trussville I Outparcels.
(ii) Between the Effective Date and the Closing, Trussville I Seller shall, at its sole cost and expense, use diligent good faith efforts to cause the fee owner of the Trussville Outparcels to convey the Trussville Outparcels to Trussville I Seller (but without the obligation to expend material sums of money, provide any financial accommodations or commence any litigation). If, on or before the Closing, either or both of the Trussville I Outparcels are conveyed to Trussville I Seller, then Trussville I Seller shall continue to be obligated to sell, and Purchaser shall continue to be obligated to purchase, such Trussville I Outparcel(s) pursuant and subject to the terms of this Agreement as if the Trussville I Seller was the owner of such Trussville I Outparcel(s) as of the Effective Date.
(iii) If either or both of the Trussville I Outparcel(s) are not conveyed to Trussville I Seller at or prior to the Closing, Sellers and Purchaser agree as follows:
(1) (x) such Trussville I Outparcel(s) that is not conveyed to Purchaser at or prior to the Closing shall no longer be included within the definition of “Properties”, (y) the legal description of the Trussville I Property set forth in Exhibit A-2 attached hereto shall be modified to exclude therefrom such Trussville I Outparcel(s) and (z) Trussville I Seller shall have no obligation to sell such Trussville I Outparcel(s) to Purchaser except as provided under the terms of this Section 5.4(g)(iii) and pursuant to, and in accordance with, the terms of the Trussville I Property Escrow Agreement;
(2) Sellers and Purchaser shall proceed to the Closing of the purchase and sale of all of the Properties (excluding such Trussville I Outparcel(s) that had not been conveyed to Trussville I Seller at or prior to the Closing) on the same terms and conditions contained in this Agreement without reduction of or offset against the Purchase Price; provided, however, there shall be no adjustments or prorations with respect to such Trussville I Outparcel(s) that has not been conveyed to Trussville I Seller at or prior to the Closing;
(3) at the Closing, pursuant to and, in accordance with, the terms and provisions of an escrow agreement to be entered into at the Closing by and among Trussville I Seller, Purchaser and the Escrow Agent on the terms set forth in Section 5.4(g)(iv) and otherwise in form and substance reasonably acceptable to Trussville I Seller and Purchaser (the “Trussville I Outparcel Escrow Agreement”), Trussville I Seller and Purchaser shall direct the Escrow Agent to hold back in escrow a portion of the Purchase Price allocated to the Trussville I Property in the following manner: (x) if the Lot 1 Outparcel has not been conveyed to the Trussville I Seller at or prior to the Closing, then an amount equal to $928,571.00 shall be held back in escrow and (y) if the Lot 4 Outparcel has not been conveyed to the Trussville I Seller at or prior to the Closing, then an amount equal to $1,085,714.00 shall be held back in escrow (the “Trussville I Outparcel Escrow Funds”);
(4) for a period of one-hundred and twenty (120) days following the Closing Date (the “Trussville I Outparcel Survival Period”), Trussville I Seller shall, at its sole costs and expense, continue to use diligent good faith efforts to cause the fee owner of the Trussville Outparcels to have the Trussville Outparcel(s) conveyed to Trussville I Seller (but without the obligation to expend material sums of money, provide any financial accommodations or commence any litigation);
(5) if, during the Trussville I Outparcel Survival Period, either or both of the Trussville I Outparcels (as the case may be) is conveyed to Trussville I Seller, then (A) Trussville I Seller shall promptly notify Purchaser of the conveyance of such Trussville I Outparcel(s) to Trussville I Seller and (B) within ten (10) Business Days following the date in which such Trussville I Outparcel(s) is conveyed to Trussville I Seller (the “Trussville I Outparcel Closing Date”), Trussville I Seller shall convey such Trussville I Outparcel(s) to Purchaser pursuant to, and in accordance with, the terms of the Trussville I Property Escrow Agreement;
(6) Until the earlier to occur of (A) the expiration of the Trussville I Outparcel Survival Period and (B) the Trussville I Outparcel Closing Date for such Trussville I Outparcel in question, the following terms and provisions of this Agreement shall continue to apply, muntatis mutandis, to such Trussville I Outparcel(s) that has not been conveyed to
Purchaser: Section 2.4 (Conveyance of Title); Section 2.5 (Subsequent Disclosed Title Exceptions); Section 4.4 (Credits and Prorations); Section 4.5 (Closing Costs); Section 4.6(a), (b), (e) and (g) (certain Conditions Precedent to Obligation of Purchaser); Section 4.7(a) through (d) (certain Conditions Precedent to Obligation of Seller); Section 5.1 (Representations and Warranties of Sellers); Section 5.2 (Knowledge Defined); Section 5.3 (Limitations on Sellers’ Representations and Warranties) (it being agreed and understood that the nine (9) month survival period set forth in Section 5.3 as the same relates to the Trussville I Outparcels shall commence at the time of the Trussville I Outparcel Closing Date for such Trussville I Outparcel; provided, however, nothing contained herein shall be deemed to extend the release of the Post-Closing Escrow Funds to Sellers upon the expiration of the nine (9) month survival period following the Closing Date); Section 5.4(a), (c), (d) and (h) (certain Pre-Closing Covenants); Section 5.5 (Representations and Warranties of Purchaser); Section 6.1 (Default by Purchaser); Section 6.2 (Default by Seller); Article IX (Disclaimers and Waivers) and Article X (Miscellaneous).
(iv) The terms of the Trussville I Outparcel Escrow Agreement shall provide the following:
(1) Escrow Agent shall hold the Trussville I Outparcel Escrow Funds (or such portion thereof) until the earlier to occur of (x) the expiration of the Trussville I Outparcel Survival Period and (y) the Trussville I Outparcel Closing Date for such Trussville I Outparcel in question;
(2) if a Trussville I Outparcel is conveyed to Trussville I Seller and, in turn, Trussville I Seller conveys such Trussville I Outparcel to Purchaser in accordance with the terms of this Agreement, then the following shall occur on the Trussville I Outparcel Closing Date for such Trussville I Outparcel: (A) Trussville I Seller shall deliver to Purchaser the applicable Seller’s Closing Documents as the same relate solely to the conveyance of such Trussville I Outparcel to Purchaser, (B) Purchaser shall execute and deliver to Trussville I Seller counterparts of the applicable Seller’s Closing Documents that require Purchaser’s signature, (C) Trussville I Seller and Purchaser shall apportion the items listed in Section 4.4 to the extent applicable to such Trussville I Outparcel as of 11:59 p.m. (Eastern time) on the day immediately preceding the Trussville I Outparcel Closing Date and (D) Escrow Agent shall release to Trussville I Seller the portion of the Trussville I Outparcel Escrow Funds allocated to such Trussville I Outparcel; and
(3) if either or both of the Trussville I Outparcels are not conveyed to Trussville I Seller on or before the expiration of the Trussville I Outparcel Survival Period, then (x) the portion of the Trussville 1
Outparcel Escrow Funds allocated to such Trussville I Outparcel(s) that has not been conveyed to Trussville I Seller within in the Trussville I Outparcel Survival Period shall be released to Purchaser and (y) the Trussville I Outparcel Escrow Agreement shall be terminated and Trussville I Seller and Purchaser shall have no further rights or obligations with respect to such Trussville I Outparcel(s).
(v) The provisions of this Section 5.4(g) shall survive the Closing.
(h) Except as otherwise permitted under this Agreement (including, without limitation, Leases entered into pursuant to clause (c) above, Property Contracts entered into pursuant to clause (d) above and the Clay Property Contract entered into pursuant to clause (e) above), from the Effective Date until the Closing, Sellers shall not directly or indirectly sell, contribute, assign or create any right, title or interest whatsoever in or to the Properties, or create or permit to exist thereon any lien, charge, encumbrance, easement, restriction or other matter of record other than the applicable Permitted Exceptions, or enter into any agreement to do any of the foregoing, without the prior written consent of the Purchaser (which consent may be granted or withheld in Purchaser’s sole and absolute discretion).
5.5 Representations and Warranties of Purchaser. Purchaser hereby represents and warrants to Sellers, as of the Effective Date and the Closing Date:
(a) ERISA. Purchaser is not acquiring the Property with the assets of an employee benefit plan as defined in Section 3(3) of ERISA.
(b) Organization and Authority. Purchaser is a limited liability company, duly organized and validly existing under the laws of the State of Indiana. Purchaser has the full right, power and authority to purchase the Property as provided in this Agreement and to carry out Purchaser’s obligations hereunder, and all requisite action necessary to authorize Purchaser to enter into this Agreement and to carry out its obligations hereunder have been, or by the Closing will have been, taken. The person signing this Agreement on behalf of Purchaser is authorized to do so.
(c) Pending Actions. There is no action, suit, arbitration, unsatisfied order or judgment, government investigation or proceeding pending against Purchaser which, if adversely determined, could individually or in the aggregate materially interfere with the consummation of the transaction contemplated by this Agreement.
(d) OFAC. Purchaser represents and warrants that (a) Purchaser, and to Purchaser’s actual knowledge, each person or entity owning an interest in Purchaser is (i) not currently identified on the Specially Designated Nationals and Blocked Persons List maintained by OFAC and/or on any other List, and (ii) not a person or entity with whom a citizen of the United States is prohibited to engage in transactions by any trade embargo, economic sanction, or other prohibition of United States law, regulation, or Executive Order of the President of the United States, and (iii) not an Embargoed Person, (b) to Purchaser’s actual knowledge, none of the funds or other assets of Purchaser constitute property of, or are beneficially owned, directly or indirectly, by any Embargoed Person, and (c) to Purchaser’s actual knowledge, no Embargoed
Person has any interest of any nature whatsoever in Purchaser (whether directly or indirectly). Notwithstanding the foregoing, each of the representations contained in this clause (d) shall not apply to any person, entity or government (x) having a ten percent (10%) or less direct or indirect interest in Purchaser, (y) whose securities are listed on a national securities exchange, or quoted on an automated quotation system, in the United States, or a wholly-owned subsidiary of such a person, entity or government or (z) who is an “employee pension benefit plan” or “pension plan” as defined in Section 3(2) of the U.S. Employee Retirement Income Security Act of 1974, as amended.
(e) Bankruptcy. Purchaser has not (i) made a general assignment for the benefit of creditors, (ii) filed any voluntary petition in bankruptcy or suffered the filing of any involuntary petition by Purchaser’s creditors, (iii) suffered the appointment of a receiver to take possession of all, or substantially all, of Purchaser’s assets, (iv) suffered the attachment or other judicial seizure of all, or substantially all, of Purchaser’s assets, (v) admitted in writing its inability to pay its debts as they come due, or (vi) made an offer of settlement, extension or composition to its creditors generally.
5.6 Real Estate Tax Assessment Proceedings. Each Seller shall have sole authority to prosecute, settle and withdraw proceedings to review any real estate tax assessment for such Seller’s Property covering the applicable tax years prior to and including the applicable tax year in which the Closing occurs; provided, that, the applicable Seller provides prior written notice to Purchaser before undertaking any such new real estate tax proceeding. The provisions of this Section shall survive the Closing.
5.7 Post-Closing Escrow. At the Closing, Purchaser shall deliver to Escrow Agent cash in the amount of Two Million Dollars ($2,000,000.00) (such cash deposit, together with any and all interest earned thereon, shall be referred to herein as the “Post-Closing Escrow Funds”) to secure Purchaser’s obligation to pay the Deferred Purchase Price and to provide a source of payment for any post-closing monetary obligations of Sellers and any damages payable by a Seller to Purchaser pursuant and subject to Section 5.3 hereof. The Post-Closing Escrow Funds shall be held by the Escrow Agent, in escrow, in accordance with the terms and provisions of an escrow agreement to be entered into at Closing by and among Seller, Purchaser and Escrow Agent, in form and substance reasonably acceptable to Sellers and Purchaser (the “Post-Closing Escrow Agreement”). The Post-Closing Escrow Funds shall be held by Escrow Agent in escrow until the expiration of the nine (9) month survival period set forth in Section 5.3 hereof and be disbursed in accordance with the terms of the Post-Closing Escrow Agreement. At the Closing, Sellers may direct that any cash portion of the Purchase Price be used to fund the Post-Closing Escrow Funds.
ARTICLE VI
DEFAULT
6.1 Default by Purchaser. IF THE SALE OF THE PROPERTY IS NOT CONSUMMATED DUE TO ANY DEFAULT BY PURCHASER HEREUNDER, THEN SELLERS SHALL RETAIN THE XXXXXXX MONEY AS LIQUIDATED DAMAGES. THE PARTIES HAVE AGREED THAT SELLERS’ ACTUAL DAMAGES, IN THE EVENT OF A FAILURE TO CONSUMMATE THIS SALE DUE TO PURCHASER’S DEFAULT HEREUNDER, WOULD BE EXTREMELY DIFFICULT OR IMPRACTICABLE TO DETERMINE. AFTER NEGOTIATION, THE PARTIES HAVE AGREED THAT, CONSIDERING ALL THE CIRCUMSTANCES EXISTING ON THE DATE OF THIS AGREEMENT, THE AMOUNT OF THE XXXXXXX MONEY IS A REASONABLE ESTIMATE OF THE DAMAGES THAT SELLERS WOULD INCUR IN SUCH EVENT AND, SUBJECT TO THE LAST SENTENCE OF THIS SECTION 6.1, SHALL BE SELLERS’ EXCLUSIVE REMEDY AGAINST PURCHASER, BOTH AT LAW AND IN EQUITY, ARISING FROM OR RELATED TO A DEFAULT BY PURCHASER UNDER THIS AGREEMENT. BY PLACING THEIR INITIALS BELOW, EACH PARTY SPECIFICALLY CONFIRMS THE ACCURACY OF THE STATEMENTS MADE ABOVE AND THE FACT THAT EACH PARTY WAS REPRESENTED BY COUNSEL WHO EXPLAINED, AT THE TIME THIS AGREEMENT WAS MADE, THE CONSEQUENCES OF THIS LIQUIDATED DAMAGES PROVISION. THE FOREGOING IS NOT INTENDED TO LIMIT PURCHASER’S INDEMNITY OBLIGATIONS UNDER OTHER SECTIONS HEREOF AND ANY OF SELLERS’ RIGHTS UNDER SECTION 10.20 HEREOF.
SELLERS: |
/s/ Xxxxxx X. Xxxxxx |
|
PURCHASER: |
/s/ Xxxxxx X. Xxxx |
6.2 Default by Seller. In the event that a Seller defaults in its obligation to consummate the Closing, Purchaser shall be entitled, as its sole remedy, either (a) to receive the return of the Xxxxxxx Money, and prompt reimbursement from Sellers of the direct and actual reasonable out-of-pocket due diligence costs and expenses incurred by Purchaser to third parties that are not affiliated with Purchaser (documented by invoices received by Purchaser from such third parties) in connection with this transaction, not to exceed $250,000 in the aggregate, which return and reimbursement shall operate to terminate this Agreement in its entirety and release Sellers from any and all liability hereunder, or (b) to enforce specific performance of such Seller’s obligations hereunder (without abatement, credit against or reduction of the Purchase Price). Except as set forth in clause (a) above and in the last sentence of this Section 6.2, Purchaser expressly waives its rights to seek any damages in the event of a Seller’s default hereunder. Purchaser shall be deemed to have elected to terminate this Agreement and receive back the Xxxxxxx Money and reimbursement for its actual reasonable out-of-pocket due diligence costs and reasonable expenses not to exceed $250,000 in the aggregate, if Purchaser fails to file suit for specific performance against Seller in a court having jurisdiction in the county and state in which the Property is located, on or before thirty (30) days following the date upon which Closing was to have occurred (and Purchaser irrevocably waives any right to file suit for specific performance after the end of such 30-day period). Notwithstanding anything herein to the contrary, if the equitable remedy of specific performance is not available because a Seller is not the owner of a Property, but for no other reason, Purchaser may seek any other right or remedy available at law or in equity that it may have against Sellers hereunder for such default hereunder, including monetary damages, but excluding special, consequential and punitive damages.
ARTICLE VII
RISK OF LOSS
7.1 Condemnation. If, at any time prior to the Closing Date, all or a Substantial Portion (as defined below) of a Property shall be taken in the exercise of the power of condemnation or eminent domain by any sovereign, municipality or other public or private authority or shall be the subject of a duly noticed hearing held by any such authority relating to a pending taking in the exercise of the power of condemnation or eminent domain (a “Taking”), then Purchaser may cancel this Agreement by written notice given to Sellers’ Representative within ten (10) days after receipt of notice from Seller of such Taking, in which event this Agreement shall be deemed cancelled and of no force and effect and neither party shall have any further obligations or liabilities against or to the other, except for those provisions expressly stated to survive the termination of this Agreement and Sellers shall cause the return of the Xxxxxxx Money to Purchaser. In the case of a Taking of less than a Substantial Portion of a Property or if Purchaser does not elect to terminate this Agreement in the case of a Taking of all or a Substantial Portion of a Property, as provided for above, then this Agreement shall remain in full force and effect and on the Scheduled Closing Date either (A) Purchaser shall be entitled to any condemnation award to be granted and the applicable Seller shall assign all of its right, title and interest to such award to Purchaser, less such sums, if any, actually and reasonably expended by such Seller to prosecute such claim and restore such Property, or (B) if such award shall have
been paid to the applicable Seller, the Purchase Price shall be reduced by the amount thereof, less such sums, if any, actually and reasonably expended by such Seller to prosecute such claim and restore such Property. Each Seller agrees to deliver promptly after receipt thereof any and all written notices of a Taking received by such Seller after the date hereof. As used herein, a Taking of a “Substantial Portion” of a Property shall mean a Taking which will result in the taking of more than (i) ten percent (10%) of the aggregate square footage of the Improvements, as determined by an architect selected by Sellers and reasonably acceptable to Purchaser or (ii) ten percent (10%) of the available parking spaces at a Property.
7.2 Casualty. If all or any portion of the Improvements shall be damaged or destroyed by fire or any other casualty (a “Casualty”) prior to the Closing Date, Sellers’ Representative shall give Purchaser (i) written notice of such event, and (ii) a good faith estimate (the “Estimate”) of the cost and time to repair the damage caused by such Casualty determined by a licensed architect selected by Sellers and reasonably acceptable to Purchaser. If (as set forth in the Estimate) a Casualty will require more than $6,000,000, in the aggregate, to repair (a “Major Casualty”), then Purchaser may cancel this Agreement by notice to Sellers’ Representative within ten (10) days after receipt of the Estimate, in which event this Agreement shall be deemed terminated and of no force and effect and neither party shall have any further rights or liabilities against or to the other except for those provisions expressly stated to survive the termination of this Agreement and Sellers shall cause the return of the Xxxxxxx Money to Purchaser. If, prior to Closing, a Casualty occurs that is not a Major Casualty or if Purchaser does not timely elect to cancel this Agreement in the event of a Major Casualty, then this Agreement shall remain in full force and effect, and at the Closing (x) the applicable Seller shall transfer and/or assign to Purchaser any and all insurance proceeds monies and claims received by and/or accrued to such Seller on account of such Casualty (less such sums, if any, as shall have been actually and reasonably expended by such Seller in connection with the repair or restoration of such Casualty or the prosecution of such claim (the “Reimbursable Amounts”)) and (y) Purchaser shall receive a credit against the Purchase Price equal to (A) the sum of the amount of the deductible under the applicable Seller’s property insurance, plus any additional amounts necessary to repair or restore the applicable Property as a result of such Casualty which is not covered by the insurance proceeds paid in connection with such Casualty, as reasonably determined by an architect mutually acceptable to Sellers and Purchaser, less (B) the Reimbursable Amounts to the extent such Seller has not recovered such Reimbursable Amounts under clause (x) above.
ARTICLE VIII
COMMISSIONS
8.1 Brokerage Commissions. Purchaser and Sellers each warrant and represent to the other that neither party has employed a real estate broker or agent in connection with the transaction contemplated hereby, except CBRE, Inc. (the “Broker”). If the transaction contemplated by this Agreement is consummated, but not otherwise, Sellers agrees to pay the Broker at Closing a brokerage commission pursuant to a separate written agreement between Seller and Broker. Each party agrees that should any claim be made for brokerage commissions or finder’s fees by any broker or finder, other than the Broker, by, through or on account of any acts of said party or its representatives, said party will indemnify and hold the other party free and harmless from and against any and all loss, liability, cost, damage and expense in connection
therewith. The provisions of this Section 8.1 shall survive Closing or earlier termination of this Agreement.
ARTICLE IX
DISCLAIMERS AND WAIVERS
9.1 No Reliance on Documents. Except as expressly stated herein and except as otherwise expressly stated in the Sellers’ Closing Documents, no Seller makes representation or warranty as to the truth, accuracy or completeness of any materials, data or information delivered by, or behalf of, a Seller to Purchaser in connection with the transaction contemplated hereby (including, without limitation, all materials, data or information provided by the Broker to Purchaser or otherwise posted on any web site or extranet site by the Broker). Purchaser acknowledges and agrees that all materials, data and information delivered by, or on behalf of, Sellers to Purchaser in connection with the transaction contemplated hereby (collectively, the “Property Documents”) are provided to Purchaser as a convenience only and that any reliance on or use of such materials, data or information by Purchaser shall be at the sole risk of Purchaser, except as otherwise expressly stated herein. Without limiting the generality of the foregoing provisions, Purchaser acknowledges and agrees that (a) any environmental or other report with respect to the Property which is delivered by, or on behalf of, a Seller to Purchaser shall be for general informational purposes only, (b) Purchaser shall not have any right to rely on any such report delivered by, or on behalf of, such Seller to Purchaser, but rather will rely on its own inspections and investigations of the Properties and any reports commissioned by Purchaser with respect thereto, and (c) no Seller, any affiliate of a Seller nor the person or entity which prepared any such report delivered by a Seller to Purchaser shall have any liability to Purchaser for any inaccuracy in or omission from any such report or in verbal communication.
9.2 Disclaimers. Except as expressly set forth in this Agreement or in the Sellers’ Closing Documents, it is understood and agreed that no Seller is making and has at any time made any warranties or representations of any kind or character, expressed or implied, with respect to such Seller’s Property, including, but not limited to, any warranties or representations as to habitability, merchantability, fitness for a particular purpose, title, zoning, tax consequences, latent or patent physical or environmental condition, utilities, operating history or projections, valuation, governmental approvals, the compliance of such Seller’s Property with governmental laws, the truth, accuracy or completeness of the Property Documents or any other information provided by or on behalf of such Seller to Purchaser, or any other matter or thing regarding such Seller’s Property. Purchaser acknowledges and agrees that upon Closing, Sellers shall sell and convey to Purchaser and Purchaser shall accept the Properties “as is, where is, with all faults”, except to the extent expressly provided otherwise in this Agreement or in the Sellers’ Closing Documents. Purchaser has not relied and will not rely on, and Sellers are not liable for or bound by, any expressed or implied warranties, guaranties, statements, representations or information pertaining to the Properties or relating thereto (including specifically, without limitation, property information packages distributed with respect to the Properties by Sellers or the Broker) made or furnished by Sellers, any manager of a Property, or any real estate broker or agent representing or purporting to represent Sellers (including the Broker), to whomever made or given, directly or indirectly, orally or in writing, unless specifically set forth in this Agreement or in the Sellers’ Closing Documents. Purchaser represents to Sellers that Purchaser has
conducted, or will conduct prior to Closing, such investigations of the Properties, including but not limited to, the physical and environmental conditions thereof, as Purchaser deems necessary to satisfy itself as to the condition of the Properties and the existence or nonexistence or curative action to be taken with respect to any hazardous or toxic substances on or discharged from any Property, and will rely solely upon same and not upon any information provided by or on behalf of a Seller or its agents or employees with respect thereto (including, without limitation, the Broker), other than such representations, warranties and covenants of Sellers as are expressly set forth in this Agreement or in the Sellers’ Closing Documents. Upon Closing, Purchaser shall assume the risk that adverse matters, including but not limited to, construction defects and adverse physical and environmental conditions, may not have been revealed by Purchaser’s investigations, and Purchaser, upon Closing, shall be deemed to have waived, relinquished and released Sellers (and any seller’s members, officers, directors, shareholders, employees and agents) from and against any and all claims, demands, causes of action (including causes of action in tort), losses, damages, liabilities, costs and expenses (including attorneys’ fees and court costs) of any and every kind or character, known or unknown, which Purchaser might have asserted or alleged against a Seller (and such Seller’s direct or indirect members, officers, directors, shareholders, members, principals employees and agents) at any time by reason of or arising out of any latent or patent construction defects or physical conditions, violations of any Applicable Laws (including, without limitation, any environmental laws), the presence of hazardous substances in, on or about a Property, and any and all other acts, omissions, events, circumstances or matters regarding the Properties. Purchaser agrees that should any cleanup, remediation or removal of hazardous substances or other environmental conditions on a Property be required after the Closing, Sellers shall not be liable to Purchaser for such clean-up, removal or remediation. As part of the provisions of this Section 9.2, but not as a limitation thereon, Purchaser hereby agrees, represents and warrants that the matters released herein are not limited to matters which are known or disclosed, and, to the extent permitted by Applicable Laws, Purchaser hereby waives any and all rights and benefits which it now has, or in the future may have conferred upon it, by virtue of the provisions of federal, state or local law, rules or regulations.
9.3 Release. Except for matters that are expressly provided in this Agreement to survive Closing or in the Sellers’ Closing Documents, effective as of the Closing, Purchaser hereby waives, releases and forever discharges Sellers and their direct and indirect principals, affiliates, subsidiaries, officers, directors, shareholders, members, employees, partners, representatives, agents, successors and assigns (collectively, the “Released Parties”), and each of them, from any and all causes of action, claims, assessments, losses, damages (compensatory, punitive or other), liabilities, obligations, reimbursements, costs and expenses of any kind or nature, actual, contingent, present, future, known or unknown, suspected or unsuspected, or otherwise (collectively, “Claims”) (including, without limitation, interest, penalties, fines, and attorneys’ and experts’ fees and expenses) that Purchaser, its successors or assigns or any subsequent purchaser of any of the Properties may have or incur in any manner or way connected with, arising from, or related to the Properties or any of them, including without limitation any Claims arising from or related to (a) the compliance or non-compliance of any of the Properties with any legal requirements(including those pertaining to hazardous substances); (b) the presence or non-presence of any hazardous materials or substances in, on, under or about the Land, the Improvements or any other component of any of the Properties (or any portion of any of the foregoing); (c) the past, present or future use of any of the Properties; (d) the existence or
non-existence of any licenses, permits, approvals or commitments from governmental authority(ies) in connection with any of the Properties; (e) any patent or latent defect with respect to any of the Properties; (f) any errors, omissions or defects in the design or construction of any of the Properties; (g) any litigation or other legal action affecting or with respect to any of the Properties; and/or (h) any other aspect of the physical condition of any of the Properties. Purchaser understands and agrees that the matters waived, released and discharged pursuant to this Section 9.3 are not limited to matters which are known, disclosed, suspected or foreseeable and, to the extent permitted by Applicable Laws, Purchaser hereby waives any and all rights and benefits which it now has, or in the future may have, conferred upon Purchaser by virtue of the provisions of any law which would limit or detract from the foregoing general release of known and unknown claims. The provisions of this Section 9.3 (i) were a material factor in the determination of the Purchase Price and (ii) shall survive the Closing or the earlier termination of this Agreement. Notwithstanding anything contained herein to the contrary, the foregoing release shall not apply to any representations or warranties of Sellers set forth in this Agreement or the Sellers’ Closing Documents, and shall not apply to any Claim of Purchaser against Sellers based on the fraud, intentional misrepresentation or willful misconduct of any Seller or Seller’s Representative, in each case, subject to the provisions of Section 5.3.
ARTICLE X
MISCELLANEOUS
10.1 Confidentiality.
(a) Purchaser agrees that (i) all written documentation and other information furnished to Purchaser concerning any Seller or any Property, including, without limitation, the Leases, Property Contracts and rent roll, and (ii) the results of Purchaser’s due diligence with respect to the Property (including the results of any testing or inspections), shall be kept strictly confidential by Purchaser and shall not be disclosed to any third party; provided, however, that it is understood and agreed that Purchaser may disclose such data and information (a) to the employees, consultants, accountants, and attorneys of Purchaser and to Purchaser’s lenders, potential lenders, investors, potential investors and their respective employees, consultants, accountants, and attorneys, provided that such persons agree in writing to treat such data and information confidentially and in no event shall such disclosures reference the names “Och-Ziff Real Estate,” “OZRE,” “Och-Ziff,” “OZ” or any derivation thereof, without the prior written consent of Sellers’ Representative and (b) if required by court order or Applicable Law; provided that the Purchaser agrees to use reasonable efforts to notify Sellers’ Representative prior to any such disclosure. Further, each of the Sellers and Purchaser hereby covenant for itself and its affiliates that prior to the Closing it shall not issue any press release or public statement with respect to this Agreement or the transactions contemplated by this Agreement without the prior consent of the other party to this Agreement, which consent shall not be unreasonably withheld. From and after the Closing, Purchaser may issue any press release or public statement with respect to this Agreement or the transactions contemplated by this Agreement, provided, however, in no event shall any such press release or public statement make mention of or refer to any of the Sellers, Seller’s Representative or the names “Och-Ziff Real Estate,” “OZRE,” “Och-Ziff,” “OZ” or any derivation thereof, without the prior written consent of Sellers’ Representative. If any Seller or Purchaser is required by law to issue such a press release or
public statement, such party shall, at least two (2) Business Days prior to the issuance of the same, deliver a copy of the proposed release or statement to the other party for its review, comment and approval. In the event this Agreement is terminated or Purchaser fails to perform hereunder, Purchaser shall promptly return to Sellers’ Representative any statements, documents, schedules, exhibits or other written information obtained from a Seller in connection with this Agreement or the transaction contemplated herein. In the event of a breach or threatened breach by Purchaser or its agents or representatives of this Section 10.1, Sellers shall be entitled to an injunction restraining Purchaser or its agents or representatives from disclosing, in whole or in part, such confidential information. Nothing herein shall be construed as prohibiting Sellers from pursuing any other available remedy at law or in equity for such breach or threatened breach.
(b) Notwithstanding anything in Section 10.1(a) to the contrary, (i) Sellers acknowledge that Purchaser is a subsidiary of Kite Realty Group (“KRG”), a publically traded company, and (ii) KRG shall be permitted to disclose such information with respect to this Agreement (including the filing of this Agreement with its next publicly filed quarterly report (exclusive of the schedules attached hereto, which Purchaser hereby agrees shall not be included in any public filing unless required by a regulatory authority) and the filing of a summary of the material terms hereof and thereof pursuant to a Current Report on Form 8-K and other reports and documents furnished or filed by KRG from time to time under the Securities Act of 1933, as amended, and the rules and regulations thereunder (collectively, the “1933 Act”), or the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder (collectively, the “1934 Act”)) and information with respect to the Properties, all as Purchaser reasonably determines to be necessary or appropriate to satisfy its disclosure obligations under the 1933 Act, the 1934 Act and the applicable rules of the New York Stock Exchange.
(c) The provisions of this Section 10.1 shall survive Closing or termination of this Agreement.
10.2 Discharge of Obligations. The acceptance of the Deed by Purchaser shall be deemed to be a full performance and discharge of every representation and warranty made by Seller herein and every agreement, condition, undertaking and obligation on the part of Seller to be performed pursuant to the provisions of this Agreement, except those which are herein specifically stated to survive Closing. The provisions of this Section 10.2 shall survive Closing.
10.3 Assignment. This Agreement may not be assigned by Purchaser without the prior written consent of Sellers, which consent may withhold in their sole and absolute discretion. A transfer, sale or assignment of any direct or indirect interest in Purchaser (or any other direct or indirect transfer of control of Purchaser) shall constitute an assignment of this Agreement, which assignment or attempted assignment shall be void if made without the prior written consent of Sellers. Notwithstanding the foregoing, Purchaser may, without the consent of Sellers, by written notice delivered to Seller not less than five (5) Business Days prior to Closing, assign this Agreement to one or more entities that are controlled by Kite Realty Group, L.P., a Delaware limited partnership, as of the Closing. For purposes of this Section 10.3, the term “controlled” means both (i) the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of the assignee in question, whether through ownership of voting stock, by contract, or otherwise and (ii) ownership, directly or indirectly, by one or more of the
principals of the named Purchaser herein, of at least fifty-one (51%) percent, in the aggregate, of all of the equity and other beneficial interests in the proposed assignee. Any such assignment of this Agreement by Purchaser shall not relieve Purchaser of liability under this Agreement until the Closing occurs.
10.4 Notices. Any notice under or pursuant to this Agreement shall be given in writing by (a) personal delivery, or (b) reputable overnight delivery service with proof of delivery, or (c) United States Mail, postage prepaid, registered or certified mail, return receipt requested, or (d) legible facsimile or electronic mail transmission sent to the intended addressee at the address set forth below, or to such other address or to the attention of such other person as the addressee shall have designated by written notice sent in accordance herewith, and shall be deemed to have been given either at the time of personal delivery, or, in the case of expedited delivery service or mail, as of the date of first attempted delivery at the address and in the manner provided herein, or, in the case of facsimile or electronic mail transmission, as of the date of the facsimile or electronic mail transmission, provided that an original of such facsimile or electronic mail is also sent to the intended addressee by means described in clauses (a), (b) or (c) above. Notices by Sellers may be given by Sellers’ attorneys or Och-Ziff Real Estate (“Sellers’ Representative”) on behalf of Sellers, and notices by Purchaser may be given by Purchaser’s attorneys on behalf of Purchaser. Unless changed in accordance with the preceding sentence, the addresses for notices given pursuant to this Agreement shall be as follows:
If to Sellers
or Sellers’ Representative: |
c/o Och-Ziff Real Estate |
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0 Xxxx 00xx Xxxxxx, 00xx Xxxxx |
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Xxx Xxxx, XX 00000 |
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Attention: Xxxxxx X. Xxxxxx |
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Tel: (000) 000-0000 |
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Fax: (000) 000-0000 |
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Email: xxxxxxx@xxxxx.xxx |
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c/o Och-Ziff Real Estate |
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0 Xxxx 00xx Xxxxxx, 00xx Xxxxx |
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Xxx Xxxx, XX 00000 |
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Attention: Xxxx Xxxxxxxxx |
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Tel: (000) 000-0000 |
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Fax: (000) 000-0000 |
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Email: Xxxx.Xxxxxxxxx@xxxxx.xxx |
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and with a copy to: |
Xxxxx Xxxx LLP |
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0000 Xxxxxx xx xxx Xxxxxxxx |
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Xxx Xxxx, Xxx Xxxx 00000 |
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Attention: Xxxxxx X. Xxxxxxx, Esq. |
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Tel: (000) 000-0000 |
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Fax: (000) 000-0000 |
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Email: xxxxxxxxx@xxxxxxxxx.xxx |
If to Purchaser: |
KRG Development, LLC |
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c/o Kite Realty Group |
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00 X. Xxxxxxxx Xxxxxx, Xxxxx 0000 |
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Xxxxxxxxxxxx, Xxxxxxx 00000 |
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Attention: Xxxxxx X. Xxxx, Executive Vice President and CFO |
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Telephone: (000) 000-0000 |
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Facsimile: (000) 000-0000 |
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with a copy to: |
Ice Xxxxxx |
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Xxx Xxxxxxxx Xxxxxx |
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Xxxxxxxxxxxx, XX 00000-0000 |
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Attention: Xxxxx Xxxxxx Xxxxx, Esq. |
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Telephone: (000) 000-0000 |
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Facsimile: (000) 000-0000 |
10.5 Binding Effect. This Agreement shall not be binding in any way upon Sellers or Purchaser unless and until Sellers and Purchaser shall have executed and delivered counterpart signature pages of this Agreement to the other party.
10.6 Modifications. This Agreement cannot be changed orally, and no executory agreement shall be effective to waive, change, modify or discharge it in whole or in part unless such executory agreement is in writing and is signed by the parties against whom enforcement of any waiver, change, modification or discharge is sought.
10.7 Calculation of Time Periods. Unless otherwise specified, in computing any period of time described in this Agreement, the day of the act or event after which the designated period of time begins to run is not to be included and the last day of the period so computed is to be included, unless such last day is not a Business Day, in which event the period shall run until the end of the next day which is a Business Day. The final day of any such period shall be deemed to end at 5 p.m., Eastern time. For purposes of this Agreement, a “Business Day” means any day other than a Saturday, Sunday, Federal holiday or legal holiday in the States of Alabama, Florida, Georgia, Texas or New York. TIME IS OF THE ESSENCE OF EACH AND EVERY PROVISION OF THIS AGREEMENT.
10.8 Successors and Assigns. The terms and provisions of this Agreement are to apply to and bind the permitted successors and assigns of the parties hereto.
10.9 Entire Agreement. This Agreement, including the Exhibits, and any other contemporaneous written agreements entered into by parties in connection herewith, contain the entire agreement between the parties pertaining to the subject matter hereof and fully supersedes all prior written or oral agreements and understandings between the parties pertaining to such subject matter.
10.10 Notice of Pendency. Purchaser hereby waives its right to file a notice of pendency or other lien against a Property (or any part thereof). Any attempt by Purchaser to file a notice of pendency or other lien in violation of this provision shall be null and void.
10.11 Further Assurances. Each party agrees that it will without further consideration execute and deliver such other documents and take such other action, whether prior or subsequent to Closing, as may be reasonably requested by the other party to consummate more effectively the purposes or subject matter of this Agreement (but without expanding the obligations or liability of either party hereunder in any material manner). Without limiting the generality of the foregoing, Purchaser shall, if requested by Sellers’ Representative, execute acknowledgments of receipt with respect to any materials delivered by Sellers’ Representative to Purchaser with respect to a Property. The provisions of this Section 10.11 shall survive Closing.
10.12 Counterparts. This Agreement may be executed in counterparts, and all such executed counterparts shall constitute the same agreement and the signature of any party to any counterpart shall be deemed a signature to, and may be appended to, any other counterpart. This Agreement may be executed by facsimile signatures or electronic delivery of signatures which shall be binding on the parties hereto, with original signatures to be delivered as soon as reasonably practical thereafter.
10.13 Severability. If any provision of this Agreement is determined by a court of competent jurisdiction to be invalid or unenforceable, the remainder of this Agreement shall nonetheless remain in full force and effect. The provisions of this Section 10.13 shall survive Closing.
10.14 Applicable Law. THIS AGREEMENT SHALL IN ALL RESPECTS BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO PRINCIPALS OF CONFLICTS OF LAWS. TO THE FULLEST EXTENT PERMITTED BY LAW, SELLERS AND PURCHASER HEREBY UNCONDITIONALLY AND IRREVOCABLY WAIVE ANY CLAIM TO ASSERT THAT THE LAW OF ANY OTHER JURISDICTION GOVERNS THIS AGREEMENT, AND THAT THIS AGREEMENT SHALL BE GOVERNED AND CONSTRUCTED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK PURSUANT TO SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW. SELLERS AND PURCHASER HEREBY IRREVOCABLY SUBMIT TO THE JURISDICTION OF ANY STATE OR FEDERAL COURT SITTING IN THE STATE OF NEW YORK IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT AND HEREBY IRREVOCABLY AGREE THAT ALL CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING SHALL BE HEARD AND DETERMINED IN A STATE OR FEDERAL COURT SITTING IN THE STATE OF NEW YORK, PURSUANT TO SECTION 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW. SELLERS AND PURCHASER WAIVE ANY OBJECTIONS WHICH ANY OF THEM MAY NOW OR HEREAFTER HAVE BASED ON VENUE AND/OR FORUM NON CONVENIENS. PURCHASER AND SELLERS AGREE THAT THE PROVISIONS OF THIS SECTION 10.14 SHALL SURVIVE THE CLOSING OF THE TRANSACTION CONTEMPLATED BY THIS AGREEMENT.
10.15 No Third Party Beneficiary. The provisions of this Agreement and of the documents to be executed and delivered at Closing are and will be for the benefit of Sellers and Purchaser only and are not for the benefit of any third party (including, without limitation, Title Company and Broker, if any), and accordingly, no third party shall have the right to enforce the
provisions of this Agreement or of the documents to be executed and delivered at Closing. The provisions of this Section 10.15 shall survive the closing of the transaction contemplated by this Agreement.
10.16 Exhibits and Schedules. The exhibits and schedules attached hereto shall be deemed to be an integral part of this Agreement:
10.17 Captions. The section headings appearing in this Agreement are for convenience of reference only and are not intended, to any extent and for any purpose, to limit or define the text of any section or any subsection hereof.
10.18 Construction. The parties acknowledge that the parties and their counsel have reviewed and revised this Agreement and that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement or any exhibits or amendments hereto. The terms “hereof,” “herein,” and “hereunder,” and words of similar import, shall be construed to refer to this Agreement as a whole, and not to any particular article or provision, unless expressly so stated. The use of the term “including” in this Agreement shall mean in all cases “including but not limited to” unless specifically designated otherwise. As used in this Agreement, the masculine shall include the feminine and neuter, the singular shall include the plural and the plural shall include the singular, as the context may require. The use of “or” shall not be deemed to be exclusive.
10.19 Termination of Agreement. It is understood and agreed that if either Purchaser or Sellers terminate this Agreement pursuant to a right of termination granted hereunder, such termination shall operate to relieve Sellers and Purchaser from all obligations under this Agreement, except for such obligations as are specifically stated herein to survive the termination of this Agreement.
10.20 Attorneys’ Fees. In the event either party hereto commences litigation against the other to enforce its rights hereunder, the prevailing party in such litigation shall be entitled to recover from the other party its reasonable attorneys’ fees and expenses incidental to such litigation and arbitration.
10.21 WAIVER OF JURY TRIAL. THE PARTIES HERETO WAIVE TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT BY ANY PARTY AGAINST ANY OTHER PARTY ON ANY MATER ARISING OUT OF OR IN ANY WAY CONNECTED WITH THIS CONTRACT.
10.22 Obligation to Close on all Properties. Subject to the terms of subsections 5.4(e) and 5.4(f), Purchaser’s obligation to purchase the Properties is not severable and Purchaser must purchase all of the Properties. Similarly, subject to the terms of subsections 5.4(e) and 5.4(f), Sellers’ obligations to sell the Properties are not severable and Sellers must sell all of the Properties to Purchaser.
10.23 Radon Gas. Radon is a naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found
in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county health department.
10.24 Like Kind Exchange. Each Seller and Purchaser acknowledge that the purchase and sale of a Property may be part of a tax-free exchange for either a Seller or Purchaser pursuant to Section 1031 of the Code, the regulations promulgated thereunder, revenue procedures, pronouncements and other guidance issued by the Internal Revenue Service. Each Seller and Purchaser agree to cooperate with each other and take all reasonable steps on or before the Closing Date to facilitate such exchange if requested by the other party, provided that (a) no party making such accommodation shall be required to acquire any substitute property, (b) the transactions contemplated by this Agreement shall not be conditioned on such exchange, (c) such exchange shall not affect the representations, warranties, liabilities and obligations of the parties to each other under this Agreement and (d) no dates in this Agreement will be extended as a result thereof.
[NEXT PAGE IS SIGNATURE PAGE]
IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the Effective Date.
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SELLERS: | |||
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OZ/CLP HUNTER’S CREEK LLC, | |||
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a Delaware limited liability company | |||
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OZ/CLP Retail LLC, its sole member | ||
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OZRE Retail Holdings LLC, | |
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its manager | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Name: |
Xxxxxx X. Xxxxxx |
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Title: |
Authorized Person |
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OZ/CLP LAKEWOOD LLC, | |||
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a Delaware limited liability company | |||
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By: |
OZ/CLP Retail LLC, its sole member | ||
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By: |
OZRE Retail Holdings LLC, | |
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its manager | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Name: |
Xxxxxx X. Xxxxxx |
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Title: |
Authorized Person |
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OZ/CLP NORTHDALE LLC, | |||
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a Delaware limited liability company | |||
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By: |
OZ/CLP Retail LLC, its sole member | ||
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OZRE Retail Holdings LLC, | |
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its manager | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Name: |
Xxxxxx X. Xxxxxx |
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Title: |
Authorized Person |
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OZ/CLP BURNT STORE LLC, | |||
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a Delaware limited liability company | |||
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By: |
OZ/CLP Retail LLC, its sole member | ||
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OZRE Retail Holdings LLC, | |
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its manager | |
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By: |
/s/ Xxxxxx X. Xxxxxx |
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Name: |
Xxxxxx X. Xxxxxx |
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Title: |
Authorized Person |
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OZ/CLP PORTOFINO LP, | |||
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a Delaware limited partnership | |||
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OZ/CLP Portofino GP LLC, its sole General Partner | ||
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OZ/CLP Retail LLC, | |
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its sole member | |
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OZRE Retail Holdings LLC, | |
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its manager | |
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/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx |
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Title: |
Authorized Person |
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OZ/CLP KINGWOOD COMMONS LP, | |||
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a Delaware limited partnership | |||
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OZ/CLP Kingwood Commons GP LLC, | ||
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its sole General Partner | ||
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OZ/CLP Retail LLC, | |
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its sole member | |
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OZRE Retail Holdings LLC, | |
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its manager | |
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/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx |
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Authorized Person |
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OZ/CLP CLAY LLC, | |||
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a Delaware limited liability company | |||
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OZ/CLP Retail LLC, its sole member | ||
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OZRE Retail Holdings LLC, | |
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its manager | |
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/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx |
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Authorized Person |
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OZ/CLP TRUSSVILLE I LLC, | |||
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a Delaware limited liability company | |||
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OZ/CLP Retail LLC, its sole member | ||
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OZRE Retail Holdings LLC, | |
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its manager | |
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/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx |
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OZ/CLP TRUSSVILLE II LLC, | |||
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a Delaware limited liability company | |||
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OZ/CLP Retail LLC, its sole member | ||
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OZRE Retail Holdings LLC, | |
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/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx |
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OZ/CLP BEECHWOOD LLC, | |||
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a Delaware limited liability company | |||
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OZ/CLP Retail LLC, its sole member | ||
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OZRE Retail Holdings LLC, | |
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its manager | |
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/s/ Xxxxxx X. Xxxxxx |
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Xxxxxx X. Xxxxxx |
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Title: |
Authorized Person |
PURCHASER: |
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KRG DEVELOPMENT, LLC, |
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an Indiana limited liability company |
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By: |
/s/ Xxxxxx X. Xxxx |
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Name: |
Xxxxxx X. Xxxx |
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Title: |
EVP and CFO |
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ESCROW AGENT: |
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FIRST AMERICAN TITLE INSURANCE COMPANY |
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By: |
/s/ Xxx Xxxxxx |
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Name: |
Xxx Xxxxxx |
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Title: |
Associate Underwriter |
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Exhibit A-1
LEGAL DESCRIPTION OF CLAY PROPERTY
Main Parcel:
Begin at the Northwest corner of the Northwest Quarter of the Southeast Quarter of Section 0, Xxxxxxxx 00 Xxxxx, Xxxxx 0 Xxxx, Xxxxxxxxx Xxxxxx, Xxxxxxx; thence from said point of beginning run South 74°02’23” East, 623.92 feet to an old iron pin; thence South 15°55’ West 136.80 feet to a nail in the top of curb, said point being in a curve (concave Southwesterly) having a radius of 75.50 feet; thence run along said curve South 55°29’01” East, a chord distance of 27.93 feet to the P.C. of said curve, said point being a nail in the top of curb; thence South 44°48’35” East, 54.04 feet to an iron pin; thence South 88°04’10” East, 26.26 feet to an old iron pin on the Northwest right of way of Old Springville Road; thence South 45°03’43” West along said right of way 66.87 feet to an old iron pin on said right of way; thence North 00°50’58” West 26.94 feet to an iron pin; thence North 44°41’11” West 55.37 feet, to an iron pin at the P.C. of a curve (concaved Southwesterly) and having a radius of 17.50 feet; thence North 89°27’04” West along said curve a chord distance of 24.70 feet to an iron pin at the P.T. of said curve; thence South 45°2119” West, 105.54 feet to an old iron pin; thence South 44°38’33” East 94.57 feet to an old iron pin on the Northwest right of way of the Old Springville Road, said point being in a curve (concaved Southeasterly), and having a radius of 2889.90 feet; thence run along said right of way and said curve South 41°19’08” West, a chord distance of 147.37 feet to an iron pin on said curve and at the Northwest corner of the intersection of the right of way of the Old Springville Road and the Chalkville Road; thence run along the North right of way of said Chalkville Road South 70°37’06” West 176.51 feet to an iron pin on said right of way; thence North 44°20’16” West, 105.83 feet to a nail set at the property corner; thence South 70°11’46” West, 82.27 feet to a nail; thence South 07°38’35” East, 97.54 feet to a nail on the North right of way of said Chalkville Road; thence along said right of way South 70°37’06” West, 47.71 feet to an iron pin; thence North 18°27’39” West, 107.81 feet to an iron pin; thence South 72°07’17” West 60.10 feet to an iron pin; thence South 00°23’11” East, 115.68 feet to an iron pin on the North right of way of said road; thence run along said right of way South 70°37’06” West, 52.54 feet to an iron pin on the West line of said Northwest Quarter of the Southeast Quarter of Section 9, and said right of way of the Chalkville Road; thence run along said Quarter line North 04°19’22” East, 765.58 feet to the point of beginning.
Said property lying in the Northwest Quarter of the Southeast Quarter of Section 9, Township 16 South, Range 1 West, Huntsville Meridian, Jefferson County, Alabama.
Also:
An easement for ingress and egress situated in the Northwest Quarter of the Southeast Quarter of Section 9, Township 16 South, Range 1 West, Huntsville Meridian, Jefferson County, Alabama and being more particularly described as follows:
Commence at the Northwest corner of the Northwest 1/4 of the Southeast 1/4 of Section 9 and run South 04°19’22” West 765.58 feet to a point on the Northwesterly right of way line of Chalkville Road (Pinson to Trussville Road); thence North 70°37’06” East along said
Northwesterly right of way line 196.25 feet to the point of beginning; thence North 07°38’35” West, 30.10 feet leaving said Northwesterly right of way to a point; said point being the beginning of a curve to the left, said curve having a central angle of 101°44’19”, a radius of 24.5 feet and a chord of 38.00 feet which bears South 58°30’45” East; thence (South 7°38’35” East being tangent to said curve) 43.49 feet along the arc of said curve to the Northwesterly right of way line of Chalkville Road (Pinson to Trussville Road); thence South 70°37’06” West, 30.10 feet along said Northwesterly right of way line of Chalkville Road (Pinson to Trussville Road) to the point of beginning.
Parcel A:
Part of the Northwest Quarter of Southeast Quarter of Section 9, Township 16 South, Range 1 West, more particularly described as follows:
Commence at the Northwest corner of said Quarter - Quarter Section; thence run South 04°19’22” West for 765.58 feet to a point on the Northwesterly right of way line of Chalkville Road (now known as Xxxxxxx Hollow Road); thence North 70°37’06” East along said Northwesterly right of way line for 52.54 feet to the point of beginning; thence continue along last described course 101.42 feet; thence North 18°07’54” West for 108.00 feet along the East side and to the corner of an existing retaining wall; thence North 85°54’45” West along the North side of an existing retaining wall 38.05 feet to a beginning of a curve to the left, said curve having a central angle of 85°31’34”, a radius of 23.23 feet, a length of 37.50 feet and a chord 34.11 feet, which bears South 46°50’55” West; thence South 00°23’11” East for 115.68 feet to the point of beginning.
Parcel B:
Part of the Northwest Quarter of Southeast Quarter of Section 9, Township 16 South, Range 1 West, more particularly described as follows:
Commence at the Northwest corner of said Quarter - Quarter Section; thence run South 04°19’22” West for 765.58 feet to a point on the Northwesterly right of way line of Xxxxxxx Hollow Road; thence North 70°37’06” East along said Northwesterly right of way line for 196.25 feet to the point of beginning; thence continue along last described course 146.76 feet; thence North 44°20’16” West for 105.83 feet; thence South 70°11’46” West for 82.27 feet; thence South 07°38’35” East for 97.54 feet to the point of beginning.
Situated in Jefferson County, Alabama. Birmingham Division.
Together with that certain grant of easements recorded in Real 2157, Page 947, as amended in Real 2324, Page 76.
Parcel C:
Part of the Northwest Quarter of the Southeast Quarter of Section 9, Township 16 South, Range 1 West, more particularly described as follows:
Commence at the Northwest corner of said Northwest Quarter of the Southeast Quarter and run South 74°02’23” East 688.92 feet to a point; thence South 40’40’39” East 110.50 feet to a point on the Northwesterly right of way line of Old Springville Road (Birmingham to Springville Road); thence South 45°03’43” West along said Northwesterly right of way for 186.81 feet to the point of beginning; thence continue South 45°03’43” West along said right of way line for 7.29 feet to the beginning of a curve to the left, said curve having a central angle of 1°55’45”, a radius of 2889.9 feet and a chord of 97.31 feet which bears South 44°10’53” West; thence along the arc of said curve for 97.31 feet; thence North 44’38’33” West for 94.57 feet; thence North 45°21’19” East for 105.54 feet to the beginning of a curve to the right, said curve having a central angle of 90°02’30”, a radius of 17.50 feet and a chord of 24.70 feet which bears South 89°27’04” East; thence along the arc of said curve for 27.50 feet; thence South 44°41’11” East for 55.37 feet; thence South 0°50’58” East for 26.94 feet to the point of beginning.
Together with that certain grant of easements recorded in Real 2157, Page 947, as amended in Real 2324, Page 76.
[End of Exhibit]
Exhibit A-2
LEGAL DESCRIPTION OF TRUSSVILLE I PROPERTY
Lots 6 and 7, according to the Survey of Colonial Promenade at Trussville, as recorded in Map Book 198, Page 29, In the Probate Office of Jefferson County, Alabama, Birmingham Division.
Together with the easements as set forth in that Grading and Slope Easement Agreement in Instrument 9815/4819, In the Probate Office of Jefferson County, Alabama.
THE XXX 0 XXXXXXXXX
Xxx 0, according to the Survey of Colonial Promenade at Trussville, as recorded in Map Book 198, Page 29, in the Office of the Judge of Probate of Jefferson County, Alabama.
THE XXX 0 XXXXXXXXX
Xxx 0, according to the Survey of Colonial Promenade at Trussville, as recorded in Map Book 198, Page 29, in the Office of the Judge of Probate of Jefferson County, Alabama.
[End of Exhibit]
Exhibit A-3
LEGAL DESCRIPTION OF TRUSSVILLE II PROPERTY
Lot 3, according to the Plat of Colonial Promenade, Phase II Addition to Trussville, as recorded in Plat Book 209, Page 76, in the Probate Office of Jefferson County, Alabama, Birmingham Division.
[End of Exhibit]
Exhibit A-4
LEGAL DESCRIPTION OF HUNTER’S CREEK PROPERTY
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF ORANGE, STATE OF FLORIDA, AND IS DESCRIBED AS FOLLOWS:
PARCEL 1:
XXX 0, XXXXXX’X XXXXX XXXXX 000, PHASE I, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 27, PAGE 59, PUBLIC RECORDS OF ORANGE COUNTY, FLORIDA;
LESS AND EXCEPT THAT PORTION OF LOT 1, HUNTER’S CREEK TRACT 280, PHASE I, AS RECORDED IN PLAT BOOK 27, PAGE 59, OF THE PUBLIC RECORDS OF ORANGE COUNTY, FLORIDA; BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE XXXXXXXXX XXXXXX XX XXXXXXX 00, XXXXXXXX 00 XXXXX, XXXXX 29 EAST, RUN NORTH 89°28’23” EAST, ALONG THE NORTH LINE OF THE NORTHWEST 1/4 OF SAID SECTION 33, A DISTANCE OF 243.78 FEET; THENCE SOUTH 25°48’00” EAST, A DISTANCE OF 93.28 FEET TO THE SOUTHWESTERLY CORNER OF LOT 2 OF SAID HUNTER’S CREEK TRACT 280, PHASE I, FOR A POINT OF BEGINNING; THENCE NORTH 64° 12’00” EAST, A DISTANCE OF 185.00 FEET TO A POINT ON THE WESTERLY LINE OF XXXX XXXXX PARKWAY, AS RECORDED IN OFFICIAL RECORDS BOOK 3962, PAGE 928, OF THE PUBLIC RECORDS OF ORANGE COUNTY, FLORIDA; THENCE SOUTH 25°48’00” EAST, ALONG SAID RIGHT-OF-WAY LINE, A DISTANCE OF 55.00 FEET; THENCE DEPARTING SAID RIGHT-OF-WAY LINE, RUN SOUTH 64°12’00” WEST, A DISTANCE OF 185.00 FEET; THENCE NORTH 25°48’00” WEST, A DISTANCE OF 55.00 FEET TO THE POINT OF BEGINNING;
ALSO LESS AND EXCEPT THAT PART OF LOT 1 IN HUNTER’S CREEK TRACT 280, PHASE I, PLAT BOOK 27, PAGE 59, OF THE PUBLIC RECORDS OF ORANGE COUNTY, FLORIDA; BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCING AT THE SOUTHEAST XXXXXX XX XXXXXXX 00, XXXXXXXX 00 XXXXX, XXXXX 29 EAST; THENCE RUN SOUTH 89°43’49” WEST ALONG THE SOUTH LINE OF THE SOUTHEAST QUARTER OF SAID SECTION 29, A DISTANCE OF 230.57 FEET FOR A POINT OF BEGINNING; THENCE SOUTH 25°48’00” EAST ALONG A LINE PARALLEL WITH AND 14.00 FEET NORTHEASTERLY OF A WESTERLY LINE OF SAID XXX 0, X XXXXXXXX XX 00.00 XXXX; THENCE SOUTH 64°11’55” WEST, 14.00 FEET TO A POINT ON SAID WESTERLY LINE OF LOT 1; THENCE NORTH 25°48’00” WEST 231.00 FEET TO A POINT ON THE SOUTHERLY RIGHT-OF-WAY LINE OF THE PROPOSED TOWN CENTER BOULEVARD; THENCE NORTH 66°51’17” EAST ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE, 14.02 FEET; THENCE SOUTH 25°48’00” EAST ALONG SAID PARALLEL LINE 209.24 FEET TO THE POINT OF BEGINNING.
PARCEL 2:
XXX 0, XXXXXX’X XXXXX XXXXX 000, PHASE I, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 27, PAGE 59, OF THE PUBLIC RECORDS OF ORANGE COUNTY, FLORIDA;
LESS AND EXCEPT:
COMMENCING AT THE XXXXXXXXX XXXXXX XX XXXXXXX 00, XXXXXXXX 00 XXXXX, XXXXX 29 EAST, RUN NORTH 89°28’23” EAST, ALONG THE SOUTH LINE OF THE SOUTHWEST ¼ OF SAID SECTION 28, A DISTANCE OF 243.78 FEET TO A POINT ON THE WESTERLY LINE OF SAID LOT 2 FOR A POINT OF BEGINNING; THENCE NORTH 25°48’00” WEST, ALONG SAID WESTERLY LINE, A DISTANCE OF 81.72 FEET; THENCE DEPARTING SAID WESTERLY LINE, RUN NORTH 64°12’00” EAST, A DISTANCE OF 185.00 FEET TO A POINT ON THE WESTERLY RIGHT-OF-WAY LINE OF XXXX XXXXX PARKWAY, AS RECORDED IN OFFICIAL RECORDS BOOK 3962, PAGES 928-929, PUBLIC RECORDS OF ORANGE COUNTY, FLORIDA; THENCE SOUTH 25°48’00” EAST, ALONG SAID RIGHT-OF-WAY LINE A DISTANCE OF 175.00 FEET TO THE SOUTHEASTERLY CORNER OF SAID LOT 2; THENCE SOUTH 64°12’00” WEST, A DISTANCE OF 185.00 FEET TO THE SOUTHWESTERLY CORNER OF SAID LOT 2; THENCE NORTH 25°48’00” WEST, A DISTANCE OF 93.28 FEET TO THE POINT OF BEGINNING.
PARCEL 3:
XXX 0, XXXXXX’X XXXXX XXXXX 280 PHASE I, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 27, PAGE 59, OF THE PUBLIC RECORDS OF ORANGE COUNTY, FLORIDA.
PARCEL 4:
XXX 0, XXXXXX’X XXXXX XXXXX 000, XXXXX II, ACCORDING TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 28, PAGES 13 AND 14, OF THE PUBLIC RECORDS OF ORANGE COUNTY, FLORIDA.
PARCEL 5:
TOGETHER WITH ALL EASEMENT RIGHTS SET FORTH IN OFFICIAL RECORDS BOOK 4248, PAGE 53, AS AMENDED AND RESTATED IN OFFICIAL RECORDS BOOK 4508, PAGE 993; RE-RECORDED IN OFFICIAL RECORDS BOOK 4520, PAGE 3502; IN OFFICIAL RECORDS BOOK 4508, PAGE 1032; AND IN OFFICIAL RECORDS BOOK 4508, PAGE 1046; ALL OF THE PUBLIC RECORDS OF ORANGE COUNTY, FLORIDA.
[End of Exhibit]
Exhibit A-5
LEGAL DESCRIPTION OF LAKEWOOD PROPERTY
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF XXXXX, STATE OF FLORIDA, AND IS DESCRIBED AS FOLLOWS:
PARCEL A
A PARCEL OF LAND, BEING A PART OF TRACT “B” AND A PART OF XXX 00, XXXXX 0, XXXXXXXX XXXX XX. 00, AS RECORDED IN PLAT BOOK 23, PAGES 71 AND 71A OF THE CURRENT PUBLIC RECORDS OF XXXXX COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCE AT THE INTERSECTION OF THE EASTERLY RIGHT-OF-WAY LINE OF STATE ROAD NO. 13 (SAN XXXX BOULEVARD), A 100 FOOT RIGHT-OF-WAY AS NOW ESTABLISHED, WITH THE SOUTHERLY RIGHT-OF-WAY OF UNIVERSITY BOULEVARD WEST, AN 80 FOOT RIGHT-OF-WAY AS NOW ESTABLISHED; THENCE DUE EAST 175.0 FEET ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE TO THE POINT OF BEGINNING; THENCE CONTINUE DUE EAST ALONG THE SOUTHERLY RIGHT-OF-WAY LINE OF SAID UNIVERSITY BOULEVARD 275.24 FEET TO A POINT; THENCE SOUTH 27 DEGREES 34 MINUTES 16 SECONDS EAST, 49.0 FEET; THENCE NORTH 63 DEGREES 29 MINUTES 58 SECONDS EAST, 46.0 FEET; THENCE DUE NORTH 23.0 FEET TO A POINT ON THE AFOREMENTIONED SOUTHERLY RIGHT-OF-WAY LINE OF UNIVERSITY BOULEVARD WEST; THENCE DUE EAST ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE, 583.54 FEET; THENCE SOUTH 00 DEGREES 03 MINUTES 30 SECONDS EAST, 330.36 FEET TO A POINT SITUATE IN THE NORTHERLY LINE OF XXX 00, XXXXX 0, XXXXXXXX XXXX XX. 00, AS RECORDED IN PLAT BOOK 23, PAGES 71 AND 71A; THENCE SOUTH 89 DEGREES 56 MINUTES 30 SECONDS WEST, 323.0 FEET ALONG THE NORTHERLY LINE OF SAID XXXXX 0, XXXXXXXX XXXX XX. 00; THENCE SOUTH 64 DEGREES 49 MINUTES 30 SECONDS WEST, 50.89 FEET TO A POINT OF CURVATURE OF A CURVE CONCAVE TO THE SOUTHEAST, HAVING A RADIUS OF 20.0 FEET, A CENTRAL ANGLE OF 92 DEGREES 12 MINUTES 50 SECONDS AND BEING SUBTENDED BY A CHORD WHICH BEARS SOUTH 18 DEGREES 43 MINUTES 05 SECONDS WEST, 28.83 FEET; THENCE SOUTHWESTERLY AND SOUTHEASTERLY ALONG SAID CURVE AN ARC DISTANCE OF 32.19 FEET TO THE POINT OF TANGENCY OF SAID CURVE; THENCE SOUTH 27 DEGREES 23 MINUTES 20 SECONDS EAST, 50.89 FEET TO A POINT SITUATE IN THE WESTERLY PROPERTY LINE OF SAID XXX 00, XXXXX 0, XXXXXXXX XXXX XX. 00; THENCE SOUTH 00 DEGREES 03 MINUTES 30 SECONDS EAST, 20.90 FEET ALONG THE SAID WESTERLY PROPERTY LINE OF LOT NO. 14 TO IT’S INTERSECTION WITH THE NORTHERLY RIGHT-OF-WAY OF XXXXXX ROAD, A 60.0 FOOT RIGHT-OF-WAY AS NOW ESTABLISHED; THENCE SOUTH 89 DEGREES 56 MINUTES 30 SECONDS WEST, 31.60 FEET ALONG THE NORTHERLY RIGHT-OF-WAY LINE OF SAID XXXXXX ROAD TO A POINT OF CURVATURE OF A CURVE CONCAVE TO THE SOUTH HAVING A RADIUS OF 488.39 FEET, A CENTRAL ANGLE OF 28 DEGREES 39 MINUTES 30 SECONDS AND BEING SUBTENDED BY A CHORD WHICH BEARS
SOUTH 75 DEGREES 36 MINUTES 45 SECONDS WEST, 241.75 FEET; THENCE WESTERLY AND SOUTHWESTERLY ALONG SAID CURVE AN ARC DISTANCE OF 244.28 FEET TO IT’S POINT OF TANGENCY; THENCE CONTINUE ALONG THE NORTHWESTERLY RIGHT-OF-WAY LINE OF XXXXXX ROAD SOUTH 61 DEGREES 17 MINUTES 00 SECONDS WEST, 175.0 FEET TO IT’S INTERSECTION WITH THE EASTERLY RIGHT-OF-WAY LINE OF SAID STATE ROAD NO. 13; THENCE NORTH 28 DEGREES 43 MINUTES 00 SECONDS WEST, 497.07 FEET ALONG THE NORTHEASTERLY RIGHT-OF-WAY LINE OF STATE ROAD NO. 13, THENCE NORTH 30 DEGREES 38 MINUTES 30 SECONDS EAST, 178.38 FEET TO THE POINT OF BEGINNING.
PARCEL C
THAT CERTAIN TRACT OR PARCEL OF LAND, BEING A PART OF XXXXX 0, XXXXXXXX XXXX 0 AS SHOWN ON MAP THEREOF, RECORDED IN PLAT BOOK 20, PAGE 26 OF THE CURRENT PUBLIC RECORDS OF XXXXX COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS BEGINNING AT THE SOUTHEAST CORNER OF SAID TRACT 1, THE SAME BEING THE XXXXXXXXX XXXXXX XX XXXXXXXXXX XXXXXXXXX XXXX (FORMERLY LONGWOOD ROAD FORMERLY LOVE GROVE ROAD) AND STANFORD ROAD AS SHOWN ON SAID MAP OF LAKEWOOD UNIT NO. 2; THENCE NORTH ALONG THE WESTERLY RIGHT OF WAY LINE OF SAID STANFORD ROAD A DISTANCE OF 228.2 FEET TO A POINT; THENCE SOUTH 89 DEGREES 55 MINUTES WEST A DISTANCE OF 175.36 FEET TO A POINT OF CURVE TO THE RIGHT HAVING A RADIUS OF 26 FEET; THENCE ALONG A CHORD BEARING NORTH 56 DEGREES 03 MINUTES WEST A DISTANCE OF 29.1 FEET TO A POINT OF TANGENT; THENCE NORTH 22 DEGREES 01 MINUTES WEST A DISTANCE OF 136.66 FEET; THENCE NORTH 32 DEGREES 38 MINUTES 30 SECONDS WEST A DISTANCE OF 75.23 FEET TO A POINT; THENCE SOUTH 67 DEGREES 41 MINUTES 10 SECONDS WEST A DISTANCE OF 326.12 FEET TO THE NORTHEASTERLY RIGHT OF WAY LINE OF SAN XXXX BOULEVARD AS NOW ESTABLISHED; THENCE SOUTH 19 DEGREES 08 MINUTES EAST ALONG SAID NORTHEASTERLY RIGHT OF WAY LINE OF SAN XXXX BOULEVARD AS NOW ESTABLISHED, A DISTANCE OF 51.25 FEET TO A POINT OF CURVE; THENCE CONTINUING ALONG SAID RIGHT OF WAY LINE ALONG A CURVE TO THE LEFT HAVING A RADIUS OF 1860.08 FEET ALONG A CHORD BEARING SOUTH 22 DEGREES 32 MINUTES 30 SECONDS EAST A DISTANCE OF 286.35 FEET TO THE NORTHERLY RIGHT OF WAY LINE OF SAID UNIVERSITY BOULEVARD WEST (FORMERLY LONGWOOD ROAD, FORMERLY LOVE GROVE ROAD); THENCE EAST ALONG SAID NORTHERLY RIGHT OF WAY LINE OF UNIVERSITY BOULEVARD WEST (FORMERLY LONGWOOD ROAD, FORMERLY LOVE GROVE ROAD) A DISTANCE OF 461 FEET TO THE POINT OF BEGINNING.
PARCEL D
TRACT 2, EXCEPT THE NORTH 65 FEET THEREOF, LAKEWOOD, UNIT NO. 2, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 20, PAGE 26, CURRENT PUBLIC RECORDS, XXXXX COUNTY, FLORIDA.
PARCEL E
PART OF FRACTIONAL SECTION 12, TOWNSHIP 3 SOUTH, RANGE 26 EAST, XXXXX COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCE AT THE INTERSECTION OF THE NORTHERLY LINE OF THE X.X. XXXXXXX GRANT, SECTION 41, TOWNSHIP 3 SOUTH, RANGE 26 EAST, WITH WESTERLY RIGHT-OF-WAY LINE OF STATE ROAD NO. 13 (SAN XXXX BOULEVARD), A 100.0 FOOT RIGHT-OF-WAY AS NOW ESTABLISHED; THENCE XXX XXXX 176.84 FEET ALONG THE NORTH LINE OF SAID X.X. XXXXXXX XXXXX TO ITS INTERSECTION WITH THE CENTERLINE OF UNIVERSITY BOULEVARD EXTENSION A 60.0 FOOT RIGHT-OF-WAY AS NOW ESTABLISHED, SAID POINT OF INTERSECTION BEING THE RADIUS POINT OF A 50.0 FOOT CUL-DE-SAC AT THE WESTERLY TERMINUS OF THE AFOREMENTIONED UNIVERSITY BOULEVARD EXTENSION; THENCE NORTH 28 DEGREES 40 MINUTES 00 SECONDS WEST, 50.0 FEET TO A POINT SITUATE IN THE RIGHT-OF-WAY LINE OF SAID CUL-DE-SAC AND THE POINT OF BEGINNING; THENCE NORTH 19 DEGREES 08 MINUTES 00 SECONDS WEST, 154.35 FEET; THENCE NORTH 80 DEGREES 14 MINUTES 00 SECONDS EAST, 163.16 FEET TO A POINT SITUATE IN THE RIGHT-OF-WAY LINE OF SAID STATE ROAD NO. 13, SAID RIGHT-OF-WAY LINE BEING A CURVE CONCAVE TO THE NORTHEAST, HAVING A RADIUS OF 1960.08 FEET, A CENTRAL ANGLE OF 02 DEGREES 29 MINUTES 27 SECONDS AND BEING SUBTENDED BY A CHORD WHICH BEARS NORTH 20 DEGREES 10 MINUTES 00 SECONDS WEST, 85.2 FEET; THENCE NORTHWESTERLY ALONG SAID CURVE AN ARC DISTANCE OF 85.21 FEET TO THE POINT OF TANGENCY OF SAID CURVE; THENCE CONTINUE ALONG SAID WESTERLY RIGHT-OF-WAY LINE NORTH 18 DEGREES 55 MINUTES 20 SECONDS WEST, 54.01 FEET; THENCE SOUTH 86 DEGREES 50 MINUTES 40 SECONDS WEST, 158.21 FEET ALONG AN EXISTING BULKHEAD; THENCE SOUTH 84 DEGREES 52 MINUTES 00 SECONDS WEST, 19.81 FEET; THENCE SOUTH 19 DEGREES 08 MINUTES 00 SECONDS EAST, 318.80 FEET TO A POINT SITUATE IN THE RIGHT-OF-WAY LINE OF THE AFOREMENTIONED CUL-DE-SAC AT THE WESTERLY TERMINUS OF SAID UNIVERSITY BOULEVARD EXTENSION, SAID RIGHT-OF-WAY LINE BEING A CURVE CONCAVE TO THE SOUTH, HAVING A RADIUS OF 50.0 FEET, A CENTRAL ANGLE OF 13 DEGREES 59 MINUTES 18 SECONDS AND BEING SUBTENDED BY A CHORD WHICH BEARS NORTH 54 DEGREES 19 MINUTES 31 SECONDS EAST, 12.18 FEET; THENCE NORTHEASTERLY ALONG SAID CURVE AN ARC DISTANCE OF 12.21 FEET TO THE POINT OF BEGINNING.
PARCEL F
PART OF THE X.X. XXXXXXX GRANT, SECTION 41, TOWNSHIP 3 SOUTH, RANGE 26 EAST, XXXXX COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGIN AT THE NORTHEAST CORNER OF XXX 0, XXXXXXXX XXXX 00, ACCORDING TO THE PLAT RECORDED IN PLAT BOOK 23, PAGE 28 OF THE CURRENT PUBLIC RECORDS OF XXXXX COUNTY, FLORIDA AND RUN THENCE NORTH 00 DEGREES 08 MINUTES 30 SECONDS WEST, 124.85 FEET ALONG THE NORTHERLY PROLONGATION OF THE EAST LINE OF SAID LOT 1 TO ITS INTERSECTION WITH THE EXISTING BACK OF SIDEWALK, SAID POINT LYING ON A CURVE CONCAVE TO THE SOUTHWEST; THENCE NORTHWESTERLY ALONG SAID EXISTING CURVED BACK OF SIDEWALK TO ITS INTERSECTION WITH THE NORTH LINE OF SECTION 41, TOWNSHIP 3 SOUTH, RANGE 26 EAST, SAID POINT OF INTERSECTION BEARS NORTH 14 DEGREES 58 MINUTES 24 SECONDS WEST, 97.78 FEET FROM THE LAST DESCRIBED POINT; THENCE WEST, 9.24 FEET ALONG SAID NORTH LINE OF SECTION 41 TO ITS INTERSECTION WITH THE SOUTHERLY RIGHT-OF-WAY LINE OF UNIVERSITY BOULEVARD WEST EXTENSION AS NOW ESTABLISHED; THENCE ALONG SAID SOUTHERLY RIGHT-OF-WAY LINE OF UNIVERSITY BOULEVARD WEST EXTENSION, SOUTH 80 DEGREES 14 MINUTES 00 SECONDS WEST, 134.28 FEET TO THE ARC OF A CUL-DE-SAC, CONCAVE TO THE NORTH, HAVING A RADIUS OF 50.0 FEET AND A CENTRAL ANGLE OF 87 DEGREES 45 MINUTES 04 SECONDS AND BEING SUBTENDED BY A CHORD WHICH BEARS SOUTH 71 DEGREES 00 MINUTES 17 SECONDS WEST, 69.31 FEET; THENCE SOUTHWESTERLY AND WESTERLY 76.58 FEET ALONG THE ARC OF SAID CUL-DE-SAC TO A POINT; THENCE SOUTH 02 DEGREES 41 MINUTES 00 SECONDS EAST, 166.69 FEET TO THE NORTHERLY BOUNDARY OF THE AFORESAID LAKEWOOD UNIT NO. 11; THENCE SOUTH 88 DEGREES 06 MINUTES 00 SECONDS EAST, 225.00 FEET ALONG SAID NORTHERLY LINE OF LAKEWOOD UNIT NO. 11 TO THE POINT OF BEGINNING.
PARCEL G
A PARCEL OF LAND, BEING PART OF TRACT 2, AS SHOWN ON THE PLAT OF LAKEWOOD UNIT NO. 2 AS RECORDED IN PLAT BOOK 20, PAGE 26, CURRENT PUBLIC RECORDS, XXXXX COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCE AT THE INTERSECTION OF THE NORTHERLY RIGHT-OF-WAY LINE OF UNIVERSITY BOULEVARD (AN 80.0 FOOT RIGHT-OF-WAY AS NOW ESTABLISHED) WITH THE EASTERLY RIGHT-OF-WAY LINE OF STANFORD ROAD (A 60.0 FOOT RIGHT-OF-WAY, AS NOW ESTABLISHED); RUN THENCE DUE NORTH 300.0 FEET TO THE POINT OF BEGINNING FOR THIS DESCRIPTION; THENCE DUE EAST 33.5 FEET; THENCE DUE SOUTH 22.0 FEET; THENCE XXX XXXX 33.5 FEET TO A POINT ON THE EASTERLY RIGHT-OF-WAY LINE OF SAID STANFORD ROAD; THENCE DUE NORTH 22.0 FEET ALONG THE EASTERLY RIGHT-OF-WAY LINE OF SAID STANFORD ROAD TO THE POINT OF BEGINNING.
PARCEL H
PART OF THE X.X. XXXXXXX XXXXX, SECTION 41, TOWNSHIP 3 SOUTH, RANGE 26 EAST, XXXXX COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGIN AT THE MOST WESTERLY CORNER OF TRACT “B’’, LAKEWOOD UNIT NO. 14, AS RECORDED IN PLAT BOOK 23, PAGES 71 AND 71A OF THE CURRENT PUBLIC RECORDS OF SAID COUNTY; THENCE RUN NORTH 28°43’00” WEST, 62.89 FEET, ALONG THE NORTHEASTERLY LINE OF SAN XXXX BOULEVARD (A 100.0 FOOT RIGHT-OF-WAY); THENCE NORTH 30°13’33” EAST, 113.78 FEET, TO THE SOUTH LINE OF UNIVERSITY BOULEVARD WEST (AN 80.0 FOOT RIGHT-OF-WAY); THENCE DUE EAST, 63.85 FEET, ALONG THE SOUTH LINE OF SAID UNIVERSITY BOULEVARD WEST, TO THE WESTERLY LINE OF SAID TRACT “B”; THENCE SOUTH 30°38’30” WEST, 178.38 FEET, ALONG THE WESTERLY LINE OF SAID TRACT “B”, TO THE POINT OF BEGINNING.
PARCEL I
TRACK 1 (EXCEPT PART RECORDED IN THE OFFICIAL RECORD BOOK VOLUME 3255, PAGE 1171, VOLUME 4358, PAGE 716, AND VOLUME 6140, PAGE 1022), LAKEWOOD UNIT NUMBER 2, PLAT BOOK 20, PAGE 26 OF THE CURRENT PUBLIC RECORDS OF XXXXX COUNTY, FLORIDA.
ALL OF THE ABOVE BEING LESS AND EXCEPT LANDS TAKEN BY THE FLORIDA DEPARTMENT OF TRANSPORTATION DESCRIBED BY THAT CERTAIN AMENDED ORDER OF TAKING RECORDED IN OFFICIAL RECORDS BOOK 8869, PAGE 1702, PUBLIC RECORDS OF XXXXX COUNTY, FLORIDA.
[End of Exhibit]
Exhibit A-6
LEGAL DESCRIPTION OF NORTHDALE PROPERTY
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF HILLSBOROUGH, STATE OF FLORIDA, AND IS DESCRIBED AS FOLLOWS:
TRACT I:
A PARCEL OF LAND LYING IN THE NORTHEAST 1/4 OF SECTION 33, TOWNSHIP 27 SOUTH, RANGE 18 EAST, HILLSBOROUGH COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
FROM THE NORTHEAST XXXXXX XX XXXXXXX 00, XXXXXXXX 00 XXXXX, XXXXX 18 EAST, HILLSBOROUGH COUNTY, FLORIDA, RUN THENCE N.89°36’31”W., 132.03 FEET, ALONG THE NORTH BOUNDARY OF SAID SECTION 33, TO THE WEST RIGHT-OF-WAY LINE OF XXXX XXXXX HIGHWAY; THENCE S.00°44’50”E., 450.05 FEET TO THE POINT OF BEGINNING; THENCE CONTINUING S.00°44’50”E., 624.79 FEET; THENCE S.89°15’10”W., 200.00 FEET; THENCE S.00°44’50”E., 200.00 FEET; THENCE S.89°15’10”W., 171.00 FEET; THENCE S.00°44’50”E., 35.00 FEET; THENCE S.89°15’10”W., 313.88 FEET; THENCE N.02°30’00.5”E., 1073.94 FEET; THENCE S.89°36’31”E., 424.17 FEET; THENCE S.00°44’50”E., 200.00 FEET; THENCE S.89°36’31”E., 200.00 FEET TO THE POINT OF BEGINNING.
TRACT IV-A:
A PARCEL OF LAND LYING IN THE NORTHEAST 1/4 OF SECTION 33, TOWNSHIP 27 SOUTH, RANGE 18 EAST, HILLSBOROUGH COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
FROM THE NORTHEAST CORNER OF SAID SECTION 33, RUN THENCE N.89°36’31”W., 742.03 FEET, ALONG THE NORTH BOUNDARY LINE OF SAID SECTION 33; THENCE S.02°30’00.5”W., 250.17 FEET TO THE POINT OF BEGINNING OF THE HEREIN DESCRIBED PARCEL; THENCE S.02°30’00.5”W., 200.14 FEET; THENCE N.89°36’13”W., 155.16 FEET TO A POINT ON A CURVE; THENCE FROM A TANGENT BEARING OF S.34°42’13”W., SOUTHWESTERLY, 198.77 FEET, ALONG THE ARC OF A CURVE TO THE RIGHT, HAVING A RADIUS OF 606.00 FEET (CHORD BEARING S.44°06’56”W., 197.87 FEET); THENCE N.45°39’06”W., 203.92 FEET TO A POINT ON THE CURVED SOUTHEASTERLY RIGHT-OF-WAY LINE OF MAPLEDALE BOULEVARD; THENCE FROM A TANGENT BEARING OF N.58°08’04”E., NORTHEASTERLY 232.68 FEET, ALONG THE ARC OF A CURVE TO THE LEFT, HAVING A RADIUS OF 405.00 FEET (CHORD BEARING N.41°40’32.5”E., 229.49 FEET), ALONG THE SOUTHEASTERLY RIGHT-OF-WAY LINE OF SAID MAPLEDALE BOULEVARD, TO A POINT OF REVERSE CURVATURE; THENCE NORTHEASTERLY, 56.88 FEET, ALONG THE ARC OF A CURVE TO THE RIGHT, HAVING A RADIUS OF 50.00 FEET, (CHORD BEARING A N.57°48’15”E., 53.86 FEET), ALONG THE SOUTHEASTERLY RIGHT-OF-WAY LINE OF SAID MAPLEDALE BOULEVARD, TO A POINT OF TANGENCY; THENCE S.89°36’31”E.,
249.29 FEET, ALONG THE SOUTH RIGHT-OF-WAY LINE OF SAID MAPLEDALE BOULEVARD, TO THE POINT OF BEGINNING.
AND THE NORTHDALE COMMERCIAL - POND
A PARCEL OF LAND LYING IN THE NORTHEAST 1/4 OF SECTION 33, TOWNSHIP 27 SOUTH, RANGE 18 EAST, HILLSBOROUGH COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
FROM THE NORTHEAST XXXXXX XX XXXXXXX 00, XXXXXXXX 00 XXXXX, XXXXX 18 EAST, HILLSBOROUGH COUNTY, FLORIDA, RUN THENCE N.89°36’31”W., 132.03 FEET, ALONG THE NORTH BOUNDARY OF SAID SECTION 33 TO THE WEST RIGHT-OF-WAY LINE OF XXXX XXXXX HIGHWAY; THENCE S.00°44’50”E., 250.05 FEET, ALONG SAID RIGHT-OF-WAY LINE; THENCE N.89°36’31”W., 624.17 FEET; THENCE S.02°30’00.5”W., 200.14 FEET TO THE POINT OF BEGINNING; THENCE CONTINUE S.02°30’00.5”W., 616.86 FEET; THENCE N.89°36’31”W., 446.27 FEET; THENCE N.00°23’29”E., 349.74 FEET; THENCE N.55°32’53”E., 194.65 FEET; THENCE NORTHEASTERLY, 220.10 FEET ALONG THE ARC OF A CURVE CONCAVE TO THE NORTHWEST, HAVING A RADIUS OF 605.00 FEET (CHORD BEARING N.45°07’32”E., 218.89 FEET); THENCE S.89°36’31”E., 155.16 FEET TO THE POINT OF BEGINNING.
TRACT I-A:
A PARCEL OF LAND LYING IN THE NORTHEAST 1/4 OF SECTION 33, TOWNSHIP 27 SOUTH, RANGE 18 EAST, HILLSBOROUGH COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
FROM THE NORTHEAST CORNER OF SAID SECTION 33, RUN THENCE N.89°36’31”W., 132.03 FEET, ALONG THE NORTH BOUNDARY OF SAID SECTION 33, TO THE WEST RIGHT-OF-WAY LINE OF XXXX XXXXX HIGHWAY; THENCE S.00°44’50”E., 1567.59 FEET, ALONG SAID RIGHT-OF-WAY LINE, TO A POINT OF CURVATURE; THENCE SOUTHERLY, 318.85 FEET, ALONG THE ARC OF A CURVE TO THE RIGHT, HAVING A RADIUS OF 5597.58 FEET (CHORD BEARING S.00°53’01”W., 318.60 FEET), ALONG SAID RIGHT-OF-WAY, TO THE NORTHERLY RIGHT-OF-WAY LINE OF NORTHDALE BOULEVARD; THENCE N.87°01’30”W., 371.29 FEET, ALONG SAID NORTHERLY RIGHT-OF-WAY LINE, TO THE POINT OF BEGINNING; THENCE CONTINUE, ALONG SAID RIGHT-OF-WAY LINE, N.87°01’30”W., 336.11 FEET; THENCE N.02°30’00.5”E., 326.36 FEET; THENCE S.34°16’17”E., 67.51 FEET; THENCE S.42°01’30”E., 48.40 FEET; THENCE N.89°15’10”E., 247.72 FEET; THENCE S.00°44’50”E., 255.00 FEET TO THE POINT OF BEGINNING.
LESS AND EXCEPT THE FOLLOWING DESCRIBED PROPERTY FROM THE ABOVE DESCRIBED TRACT I, TRACT IV AND THE NORTHDALE COMMERCIAL- POND:
A PARCEL OF LAND LYING IN THE NORTHEAST 1/4 OF SECTION 33, TOWNSHIP 27 SOUTH, RANGE 18 EAST HILLSBOROUGH COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
FROM THE NORTHEAST CORNER OF SAID SECTION 33, RUN THENCE N.89°36’31”W., 132.03 FEET, ALONG THE NORTH BOUNDARY OF SAID SECTION 33, TO THE WEST RIGHT-OF-WAY LINE OF XXXX XXXXX HIGHWAY; THENCE S.00°44’50”E., 250.05 FEET, ALONG SAID RIGHT-OF-WAY LINE; THENCE N.89°38’31”W., 619.17 FEET, ALONG THE SOUTHERLY RIGHT-OF-WAY LINE OF PROPOSED MAPLEDALE BOULEVARD (NOW EXISTING), TO THE POINT OF BEGINNING OF THE HEREIN DESCRIBED PARCEL; THENCE S.02°30’00”W., 217.16 FEET; THENCE S.87°30’00”E., 10.00 FEET; THENCE S.02°30’00”W., 16.00 FEET; THENCE N.87°30’00”W., 25.00 FEET; THENCE N.02°30’00”E., 16.00 FEET; THENCE S.87°30’00”E., 5.00 FEET; THENCE N.02°30’00”E., 216.80 FEET; THENCE S.89°36’31”E., 10.00 FEET, ALONG THE SOUTHERLY RIGHT-OF-WAY LINE OF MAPLEDALE BOULEVARD, TO THE POINT OF BEGINNING.
AND
LESS AND EXCEPT PROPERTY CONVEYED IN O.R. BOOK 13671, PAGE 1617.
TOGETHER WITH
AN EASEMENT FOR INGRESS AND EGRESS AS CREATED BY AND SET FORTH IN THAT CERTAIN WARRANTY DEED RECORDED IN OFFICIAL RECORDS BOOK 4206, PAGE 135 AND INSTRUMENT RELATIVE THERETO RECORDED IN OFFICIAL RECORDS BOOK 4285, PAGE 464, OF THE PUBLIC RECORDS OF HILLSBOROUGH COUNTY, FLORIDA, OVER THE FOLLOWING DESCRIBED LAND:
A PARCEL OF LAND LYING IN SECTION 00, XXXXXXXX 00 XXXXX, XXXXX 18 EAST, HILLSBOROUGH COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
FROM THE NORTHEAST CORNER OF SAID SECTION 33, RUN THENCE N.89°36’31”W., 132.03 FEET, ALONG THE NORTH BOUNDARY OF SAID SECTION 33, TO THE WEST RIGHT-OF-WAY LINE OF XXXX XXXXX HIGHWAY; THENCE S.00°44’50”E., 250.05 FEET, ALONG SAID RIGHT-OF-WAY LINE; THENCE N.89°36’31”W., 619.17 FEET, ALONG THE SOUTHERLY RIGHT-OF-WAY LINE OF PROPOSED MAPLEDALE BOULEVARD (NOW EXISTING), TO THE POINT OF BEGINNING OF THE HEREIN DESCRIBED PARCEL; THENCE S.02°30’00”W., 217.16 FEET; THENCE N.87°30’00”W., 10.00 FEET; THENCE N.02°30’00”E., 216.80 FEET; THENCE S.89°36’31”E., 10.00 FEET, ALONG THE SOUTHERLY RIGHT-OF-WAY LINE OF MAPLEDALE BOULEVARD, TO THE POINT OF BEGINNING.
AND
PERPETUAL NON-EXCLUSIVE EASEMENTS FOR INGRESS, EGRESS, VEHICULAR AND PEDESTRIAN TRAFFIC AND FOR INSTALLATION OF WATER, SEWER, ELECTRICAL POWER, STORM WATER DRAINAGE AND OTHER UTILITIES AS CREATED BY AND SET FORTH IN CERTAIN DECLARATION OF EASEMENTS RECORDED IN OFFICIAL RECORDS BOOK 4285, PAGE 350, OF THE PUBLIC RECORDS OF HILLSBOROUGH COUNTY, FLORIDA, OVER AND ACROSS THE
TRACTS, II, III, V, VI AND VIII AS SHOWN IN EXHIBIT “A” OF SAID INSTRUMENT AND TRACT IV OF EXHIBIT B THEREIN LESS AND EXCEPT TRACT IV-A AS SHOWN HEREIN.
THE PROPERTY DESCRIBED ABOVE IS ONE AND THE SAME AS THE FOLLOWING DESCRIBED PROPERTY;
A PARCEL OF LAND LYING IN THE NORTHEAST 1/4 OF SECTION 33, TOWNSHIP 27 SOUTH, RANGE 18 EAST, HILLSBOROUGH COUNTY FLORIDA, AND BEING MORE A PARTICULARLY DESCRIBED AS FOLLOWS:
FROM THE NORTHEAST XXXXXX XX XXXXXXX 00, XXXXXXXX 00 XXXXX, XXXXX 18 EAST, HILLSBOROUGH COUNTY, FLORIDA, RUN THENCE N.89°36’31”W., 132.03 FEET, ALONG THE NORTH BOUNDARY OF SAID SECTION 33, TO THE WEST RIGHT-OF-WAY LINE OF XXXX XXXXX HIGHWAY; THENCE S.00°44’50”E., 450.05 FEET TO THE POINT OF BEGINNING; THENCE CONTINUING S.00°44’50”E., 624.79 FEET; THENCE S.89°15’10”W., 200.00 FEET; THENCE S.00°44’50”E., 200.00 FEET; THENCE S.89°15’10”W., 171.00 FEET; THENCE S.00°44’50”E., 35.00 FEET; THENCE S.89°15’10”W., 313.88 FEET; THENCE N.02°30’00.5”E., 256.92 FEET; THENCE N.89°36’31”W., 446.27 FEET; THENCE N.00°23’29”E., 349.74 FEET; THENCE N.55°32’53”E., 194.65 FEET; THENCE NORTHEASTERLY, 21.33 FEET, ALONG THE ARC OF A CURVE CONCAVE TO NORTHWEST, HAVING A RADIUS OF 605.00 FEET (CHORD BEARING N.54°32’01”E., 21.33 FEET); THENCE N.45°39’06”W., 203.92 FEET TO A POINT ON THE CURVED SOUTHEASTERLY RIGHT-OF-WAY LINE OF MAPLEDALE BOULEVARD; THENCE FROM A TANGENT BEARING OF N.58°08’04”E., NORTHEASTERLY, 232.68 FEET, ALONG THE ARC OF A CURVE TO THE LEFT, HAVING A RADIUS OF 405.00 FEET (CHORD BEARING N.41°40’32.5”E., 229.49 FEET), ALONG THE SOUTHEASTERLY RIGHT-OF-WAY LINE OF SAID MAPLEDALE BOULEVARD, TO A POINT OF REVERSE CURVATURE; THENCE NORTHEASTERLY, 56.88 FEET, ALONG THE ARC OF A CURVE TO THE RIGHT, HAVING A RADIUS OF 50.00 FEET, (CHORD BEARING N.57°48’15”E., 53.86 FEET), ALONG THE SOUTHEASTERLY RIGHT-OF-WAY LINE OF SAID MAPLEDALE BOULEVARD, TO A POINT OF TANGENCY; THENCE S.89°36’31”E., 244.29 FEET, ALONG THE SOUTH RIGHT-OF-WAY LINE OF SAID MAPLEDALE BOULEVARD; THENCE S.02°30’00”W., 216.80 FEET; THENCE A N.87°30’00”W., 5.00 FEET; THENCE S.02°30’00”W., 16.00 FEET; THENCE S.87°30’00”E., 25.00 FEET; THENCE N.02°30’00”E., 16.00 FEET; THENCE N.87°30’00”W., 10.00 FEET; THENCE N.02°30’00”E., 217.16 FEET; THENCE S.89°36’31”E., 419.17 FEET, ALONG THE SOUTHERLY RIGHT-OF-WAY LINE OF MAPLEDALE BOULEVARD; THENCE S.00°44’50”E., 200.00 FEET; THENCE S.89°36’31”E., 200.00 FEET TO THE POINT OF BEGINNING.
TRACT I-A:
A PARCEL OF LAND LYING IN THE NORTHEAST 1/4 OF SECTION 33, TOWNSHIP 27 SOUTH, RANGE 18 EAST, HILLSBOROUGH COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
FROM THE NORTHEAST CORNER OF SAID SECTION 33, RUN THENCE N.89°36’31”W., 132.03 FEET, ALONG THE NORTH BOUNDARY OF SAID SECTION 33, TO THE WEST RIGHT-OF-WAY LINE OF XXXX XXXXX HIGHWAY; THENCE S.00°44’50”E., 1567.59 FEET, ALONG SAID RIGHT-OF-WAY LINE, TO A POINT OF CURVATURE; THENCE SOUTHERLY, 318.85 FEET, ALONG THE ARC OF A CURVE TO THE RIGHT, HAVING A RADIUS OF 5597.58 FEET (CHORD BEARING S.00°53’01”W., 318.60 FEET), ALONG SAID RIGHT-OF-WAY, TO THE NORTHERLY RIGHT-OF-WAY LINE OF NORTHDALE BOULEVARD; THENCE N.87°01’30”W., 371.29 FEET, ALONG SAID NORTHERLY RIGHT-OF-WAY LINE, TO THE POINT OF BEGINNING; THENCE CONTINUE, ALONG SAID RIGHT-OF-WAY LINE, N.87°01’30”W., 336.11 FEET; THENCE N.02°30’00.5”E., 326.36 FEET; THENCE S.34°16’17”E., 67.51 FEET; THENCE S.42°01’30”E., 48.40 FEET; THENCE N.89°15’10”E., 247.72 FEET; THENCE S.00°44’50”E., 255.00 FEET TO THE POINT OF BEGINNING.
LESS AND EXCEPT
PROPERTY CONVEYED IN O.R. BOOK 13671, PAGE 1617.
TOGETHER WITH
AN EASEMENT FOR INGRESS AND EGRESS AS CREATED BY AND SET FORTH IN THAT CERTAIN WARRANTY DEED RECORDED IN OFFICIAL RECORDS BOOK 4206, PAGE 135 AND INSTRUMENT RELATIVE THERETO RECORDED IN OFFICIAL RECORDS BOOK 4285, PAGE 464, OF THE PUBLIC RECORDS OF HILLSBOROUGH COUNTY, FLORIDA, OVER THE FOLLOWING DESCRIBED LAND:
A PARCEL OF LAND LYING IN SECTION 00, XXXXXXXX 00 XXXXX, XXXXX 18 EAST, HILLSBOROUGH COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
FROM THE NORTHEAST CORNER OF SAID SECTION 33, RUN THENCE N.89°36’31”W., 132.03 FEET, ALONG THE NORTH BOUNDARY OF SAID SECTION 33, TO THE WEST RIGHT-OF-WAY LINE OF XXXX XXXXX HIGHWAY; THENCE S.00°44’50”E., 250.05 FEET, ALONG SAID RIGHT-OF-WAY LINE; THENCE N.89°36’31”W., 619.17 FEET, ALONG THE SOUTHERLY RIGHT-OF-WAY LINE OF PROPOSED MAPLEDALE BOULEVARD (NOW EXISTING), TO THE POINT OF BEGINNING OF THE HEREIN DESCRIBED PARCEL; THENCE S.02°30’00”W., 217.16 FEET; THENCE N.87°30’00”W., 10.00 FEET; THENCE N.02°30’00”E., 216.80 FEET; THENCE S.89°36’31”E., 10.00 FEET, ALONG THE SOUTHERLY RIGHT-OF-WAY-LINE OF MAPLEDALE BOULEVARD, TO THE POINT OF BEGINNING.
AND
PERPETUAL NON-EXCLUSIVE EASEMENTS FOR INGRESS, EGRESS, VEHICULAR AND PEDESTRIAN TRAFFIC AND FOR INSTALLATION OF WATER, SEWER, ELECTRICAL POWER, STORM WATER DRAINAGE AND OTHER UTILITIES AS CREATED BY AND SET FORTH IN CERTAIN DECLARATION OF EASEMENTS RECORDED IN OFFICIAL RECORDS BOOK 4285, PAGE 350, OF THE PUBLIC RECORDS OF HILLSBOROUGH COUNTY, FLORIDA, OVER AND ACROSS THE TRACTS, II, III, V, VI AND VIII AS SHOWN IN EXHIBIT “A” OF SAID INSTRUMENT AND TRACT IV OF EXHIBIT B THEREIN LESS AND EXCEPT TRACT IV-A AS SHOWN HEREIN.
[End of Exhibit]
Exhibit A-7
LEGAL DESCRIPTION OF BURNT STORE PROPERTY
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF CHARLOTTE, STATE OF FLORIDA, AND IS DESCRIBED AS FOLLOWS:
PARCEL 1
BEING A TRACT OF LAND LYING IN SECTIONS 20 AND 29, TOWNSHIP 41 SOUTH RANGE 00 XXXX, XXXX XX XXXXX XXXXX, XXXXXXXXX XXXXXX, XXXXXXX AND BEING XXX 0, XXXXX X XXX X XXXXXXX XX XXXXXX X AND C, BURNT STORE SQUARE, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 16, PAGES 66-A THRU 66-C, OF THE PUBLIC RECORDS OF CHARLOTTE COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:
BEGINNING AT THE NORTHWEST CORNER OF SAID TRACT A, SAID POINT ALSO BEING ON THE SOUTHEASTERLY RIGHT-OF-WAY LINE OF MADRID BOULEVARD (80’ RIGHT-OF- WAY), AS SHOWN ON SAID PLAT:
THENCE N.49°10’30”E., ALONG SAID SOUTHEASTERLY RIGHT-OF-WAY LINE, 820.18 FEET;
THENCE S.40°49’30”E., 10.00 FEET;
THENCE N. 49°10’30”E., 120.02 FEET TO THE SOUTHWESTERLY LINE OF LOT 1, AS SHOWN ON SAID PLAT;
THENCE S.40°43’42”E., ALONG SAID SOUTHWESTERLY LINE, 220.00 FEET TO THE SOUTHEASTERLY LINE OF SAID LOT 1;
THENCE N. 49°10’30”E., ALONG SAID SOUTHEASTERLY LINE, 275.35 FEET TO THE SOUTHWESTERLY RIGHT-OF-WAY LINE OF U.S. HIGHWAY 41 (215’ RIGHT-OF-WAY), AS SHOWN ON SAID PLAT;
THENCE S.40°49’30”E., ALONG SAID SOUTHWESTERLY RIGHT-OF-WAY LINE, 225.00 FEET TO THE NORTHWESTERLY LINE OF LOT 2, AS SHOWN ON SAID PLAT;
THENCE S.49°10’30”W., ALONG SAID NORTHWESTERLY LINE, 275.73 FEET TO THE SOUTHWESTERLY LINE OF SAID LOT 2;
THENCE S.40°43’42”E., 155.38 FEET TO A NON-TANGENT POINT ON A CIRCULAR CURVE, CONCAVE NORTHWESTERLY, HAVING A RADIUS OF 224.00 FEET AND A CHORD THAT BEARS S.21°53’04”E., 145.42 FEET;
THENCE SOUTHEASTERLY, ALONG THE ARC OF SAID CURVE TO THE RIGHT THRU A CENTRAL ANGLE OF 37°52’54”, A DISTANCE OF 148.10 FEET TO THE POINT OF TANGENCY;
THENCE S.02°56’37”E., 33.32 FEET TO THE NORTHERLY LINE OF SAID LOT 4;
THENCE N.79°57’41”E., ALONG SAID NORTHERLY LINE, 226.19 FEET TO A POINT ON A CIRCULAR CURVE, CONCAVE SOUTHEASTERLY, HAVING A RADIUS OF 550.00 FEET AND A CHORD THAT BEARS S.06°54’03” E., 132.94 FEET, SAID POINT ALSO BEING ON THE WESTERLY RIGHT-OF-WAY LINE OF BURNT STORE ROAD (100’ RIGHT -OF-WAY), AS SHOWN ON SAID PLAT;
THENCE SOUTHEASTERLY, ALONG THE ARC OF SAID CURVE TO THE LEFT AND SAID WESTERLY RIGHT-OF-WAY LINE, THRU A CENTRAL ANGLE OF 13°53’00”, A DISTANCE OF 133.27 FEET TO THE POINT OF TANGENCY;
THENCE S.13°50’34”E., 426.38 FEET TO THE POINT OF CURVATURE OF A CIRCULAR CURVE, CONCAVE SOUTHWESTERLY, HAVING A RADIUS OF 950.00 FEET AND A CHORD THAT BEARS S.06°26’32”E., 244.73 FEET;
THENCE SOUTHEASTERLY, ALONG THE ARC OF SAID CURVE TO THE RIGHT THRU A CENTRAL ANGLE OF 14°48’03”, A DISTANCE OF 245.41 FEET TO THE POINT OF TANGENCY;
THENCE S.00°57’50”W., 68.43 FEET;
THENCE S.58°50’34”W., THRU THE SOUTHEASTERLY PORTION OF SAID TRACT B, 129.29 FEET;
THENCE S.76°09’25”W., 137.14 FEET TO A POINT ON THE NORTHEASTERLY LINE OF SAID TRACT C;
THENCE N.40°49’30”W., ALONG SAID NORTHEASTERLY LINE, 24.93 FEET;
THENCE S.76°09’25”W., THRU THE NORTHEASTERLY PORTION OF SAID TRACT C, 52.16 TO THE NORTHWESTERLY LINE OF SAID TRACT C;
THENCE S.49°10’30”W., ALONG SAID NORTHWESTERLY LINE, 321.66 FEET;
THENCE N.45°34’12”W., 76.96 FEET;
THENCE S.44°06’35”W., 45.00 FEET TO THE SOUTHWESTERLY CORNER OF SAID TRACT B, SAID POINT ALSO BEING ON THE XXXXXXXXXXXXX XXXX XX XXXXX 000, XXXXX XXXXX ISLES SECTION 15, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 8, PAGE 20-A THRU 20-Z-5, OF THE PUBLIC RECORDS OF CHARLOTTE COUNTY, FLORIDA, SAID POINT ALSO BEING A POINT ON A CIRCULAR CURVE, CONCAVE NORTHEASTERLY, HAVING A RADIUS OF 4450.00 FEET AND A CHORD THAT BEARS N.39°33’36”W., 921.68 FEET;
THENCE NORTHWESTERLY, ALONG THE ARC OF SAID CURVE TO THE RIGHT, THRU A CENTRAL ANGLE OF 11°53’18”, A DISTANCE OF 923.33 FEET TO THE POINT OF REVERSE CURVATURE OF A CIRCULAR CURVE, CONCAVE SOUTHWESTERLY,
HAVING A RADIUS OF 4355.00 FEET AND A CHORD THAT BEARS N.36°07’58”W., 382.56 FEET;
THENCE NORTHWESTERLY, ALONG THE ARC OF SAID CURVE TO THE LEFT, THRU A CENTRAL ANGLE OF 05°02’05”, A DISTANCE OF 382.68 FEET;
THENCE N.39°28’28”W., ON A NON-TANGENT BEARING, 125.31 FEET TO THE POINT OF BEGINNING.
LESS AND EXCEPT THOSE LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 2597, PAGE 671; OFFICIAL RECORDS BOOK 2811, PAGE 1671; AND IN OFFICIAL RECORDS BOOK 3045, PAGE 1532; ALL AMONG THE PUBLIC RECORDS OF CHARLOTTE, COUNTY FLORIDA.
PARCEL 2:
EASEMENT RIGHTS FOR THE BENEFIT OF PARCEL 1, CREATED BY THAT CERTAIN DECLARATION OF EASEMENTS COVENANTS AND RESTRICTIONS, RECORDED IN OFFICIAL RECORDS BOOK 1094, PAGE 1512, OF THE PUBLIC RECORDS OF CHARLOTTE COUNTY FLORIDA.
PARCEL 3:
EASEMENT RIGHTS FOR THE BENEFIT OF PARCEL 1, CREATED BY THAT CERTAIN DECLARATION OF EASEMENTS COVENANTS AND RESTRICTIONS, RECORDED IN OFFICIAL RECORDS BOOK 1098, PAGE 39, OF THE PUBLIC RECORDS OF CHARLOTTE COUNTY FLORIDA.
PARCEL 4:
EASEMENT RIGHTS FOR THE BENEFIT OF PARCEL 1, CREATED BY THAT CERTAIN DECLARATION OF EASEMENTS COVENANTS AND RESTRICTIONS, RECORDED IN OFFICIAL RECORDS BOOK 1120, PAGE 214, OF THE PUBLIC RECORDS OF CHARLOTTE COUNTY FLORIDA.
PARCEL 5:
EASEMENT RIGHTS FOR THE BENEFIT OF PARCEL 1, CREATED BY THAT CERTAIN RESTRICTION AGREEMENT AND GRANT OF EASEMENTS, RECORDED IN OFFICIAL RECORDS BOOK 2597, PAGE 677; AS AFFECTED BY OFFICIAL RECORDS BOOK 2811, PAGE 1681 ALL AMONG THE PUBLIC RECORDS OF CHARLOTTE COUNTY FLORIDA.
PARCEL 6:
EASEMENT RIGHTS FOR THE BENEFIT OF PARCEL 1, CREATED BY THAT CERTAIN RECIPROCAL EASEMENT AGREEMENT, RECORDED IN OFFICIAL RECORDS BOOK 3045, PAGE 1538, OF THE PUBLIC RECORDS OF CHARLOTTE COUNTY FLORIDA.
PARCEL 7:
EASEMENTS RIGHTS FOR THE BENEFIT OF PARCEL 1, CREATED BY THAT CERTAIN MASTER RECIPROCAL EASEMENT AGREEMENT AND DEVELOPMENT RESTRICTIONS, RECORDED IN OFFICIAL RECORDS BOOK 1037, PAGE 748; AS AFFECTED BY: ASSIGNMENT, IN O.R. BOOK 1105, PAGE 569; AND FIRST AMENDMENT TO MASTER RECIPROCAL EASEMENT AGREEMENT AND DEVELOPMENT RESTRICTIONS, RECORDED IN O.R. BOOK 2597, PAGE 648 OF THE PUBLIC RECORDS OF CHARLOTTE COUNTY FLORIDA.
PARCEL 8:
EASEMENTS RIGHTS FOR THE BENEFIT OF PARCEL 1, CREATED BY THAT CERTAIN NO-BUILD EASEMENT AGREEMENT RECORDED IN OFFICIAL RECORDS BOOK 2597, PAGE 000, XX XXX XXXXXX XXXXXXX XX XXXXXXXXX XXXXXX, XXXXXXX; AS AFFECTED BY FIRST AMENDMENT TO NO-BUILD EASEMENT AGREEMENT, RECORDED IN O.R. BOOK 2811, PAGE 1677 OF THE PUBLIC RECORDS OF CHARLOTTE COUNTY, FLORIDA.
[End of Exhibit]
Exhibit A-8
LEGAL DESCRIPTION OF BEECHWOOD PROPERTY
All that tract or parcel of land situate, lying and being in the 216th G.M. District, Athens, Xxxxxx County, Georgia, being shown on a plat entitled “Survey for Beechwood Associates, L.P. and Colonial Realty Limited Partnership and First American Title Insurance Company”, dated June 6, 2007, prepared by Landmark Engineering Corporation, J. R. Holland, Georgia Registered Surveyor No. 1087, and being more particularly described as follows:
Beginning at an iron pin on the northerly right-of-way of Riverhill Drive (50 foot right-of-way), said iron pin being situated 125.00 feet westerly of the intersection of the right-of-way of Alps Road (80 foot right-of-way) and Riverhill Drive; running thence along the right-of-way of Riverhill Drive South 79 degrees 55 minutes 11 seconds West 440.35 feet to an iron pin; running thence along the right-of-way of Xxxxxxxxx Xxxxx Xxxxx 00 degrees 10 minutes 22 seconds West 101.32 feet having an arc of 101.86 feet to an iron pin; running thence along the right-of-way of Xxxxxxxxx Xxxxx Xxxxx 00 degrees 01 minute 24 seconds West 107.32 feet having an arc of 107.97 feet to an iron pin; running thence along the right-of-way of Xxxxxxxxx Xxxxx Xxxxx 00 degrees 04 minutes 06 seconds West 185.05 feet to an iron pin; running thence North 07 degrees 40 minutes 14 seconds West 598.21 feet to an iron pin; running thence North 07 degrees 40 minutes 14 seconds West 59.35 feet to an iron pin; running thence North 75 degrees 59 minutes 46 seconds East 310.34 feet to an iron pin; running thence North 06 degrees 57 minutes 14 seconds West 349.80 feet to an iron pin; running thence North 83 degrees 02 minutes 46 seconds East 63.51 feet to an iron pin; running thence North 05 degrees 41 minutes 37 seconds West 46.13 feet to an iron pin; running thence North 00 degrees 24 minutes 50 seconds West 306.98 feet to an iron pin; running thence North 01 degrees 26 minutes 20 seconds West 182.66 feet to an iron pin; running thence North 73 degrees 35 minutes 27 seconds East 20.89 feet to an iron pin; running thence North 06 degrees 44 minutes 20 seconds West 200.11 feet to an iron pin situated on the southerly right-of-way of West Broad Street (200 foot right-of-way); running thence along the southerly right-of-way of Xxxx Xxxxx Xxxxxx Xxxxx 00 degrees 33 minutes 22 seconds East 33.44 feet to an iron pin; running thence South 07 degrees 36 minutes 10 seconds East 410.07 feet to an iron pin; running thence North 82 degrees 55 minutes 17 seconds East 376.49 feet to an iron pin situated on the westerly right-of-way of Alps Road (80 foot right-of-way); running thence along the westerly right-of-way of Alps Road South 08 degrees 08 minutes 01 second East 797.35 feet to an iron pin, running thence along the westerly right-of-way of Alps Road South 07 degrees 50 minutes 58 seconds East 612.67 feet to an iron pin; running thence South 79 degrees 10 minutes 13 seconds West 125.26 feet to an iron pin; running thence South 07 degrees 46 minutes 06 seconds East 150.01 feet to the beginning iron pin.
Together with a certain twenty (20 foot) foot Ingress and Egress Easement arising under that certain Reciprocal Easement Agreement between Beechwood Development Co. and Xxxxx Xxxxxxx XxXxxx, Xxxxxxx X. Xxxxxxx, T. Xxxxxxx XxXxxx and Xxxxx X. Xxxxxxx, Xx., d.b.a. D. & J. Reco, dated February 8, 1978, filed for record February 23, 1978 at 4:30 p.m., recorded in Deed Book 404, Page 785, Records of Xxxxxx County, Georgia.
Also Together with those easement rights arising under that certain Declaration of Restrictive Covenants by Beechwood Development Co., dated August 10, 1971, filed for record September
21, 1981 at 1:41 p.m., recorded in Deed Book 359, Page 258, aforesaid records; as amended by that certain Declaration by Beechwood Development Company, a Georgia corporation, dated February 28, 1983, recorded in Deed Book 435, Page 282, aforesaid records, as further amended and restated by that certain Restrictive Easement and Agreement between Down Island, Inc., a Georgia corporation and Beechwood Associates, a Georgia general partnership composed of Xxxx X. Xxxxxxx and R. XxXxxxxx Xxxxxx, dated September 6, 1984, filed for record September 6, 1984 at 9:10 a.m., recorded in Deed Book 481, Page 199, aforesaid records.
Also together with those beneficial rights and easements contained in Declaration of Covenants, Conditions and Restrictions by OZ/CLP Beechwood, LLC, a Delaware limited liability company and Chick-Fil-A, Inc., a Georgia Corporation dated November 30, 2010, filed for record December 1, 2010 and recorded in Deed Book 3784, Page 120, aforesaid records.
Less and Except:
All that tract or parcel of land lying and being in GMD 218 of Xxxxxx County, Georgia and being more particularly described as “Tract 2” (0.34 acres) on that certain Subdivision Plat of OZ/CLP Beechwood LLC, dated July 23, 2009, prepared by Xxxxxxx X. Xxxxxx (RLS No. 2776) of MSP & Associates Land Surveying, Inc., and recorded in Plat Book G, Pages 169C and 169D, in the records of Clerk of Superior Court of Xxxxxx County, Georgia. The description of said parcel in said plat is hereby incorporated herein by reference.
[End of Exhibit]
Exhibit A-9
LEGAL DESCRIPTION OF PORTOFINO PROPERTY
TRACT ONE: (FEE)
BEING A 35.000 ACRE PARCEL COMPRISED OF PART OF UNRESTRICTED RESERVE “A”, AND PART OF UNRESTRICTED RESERVE “B”, OF THE REPLAT OF UNRESTRICTED RESERVE “A”, AND UNRESTRICTED RESERVE “C”, AND XXXXX MEMORIAL DRIVE OF THE PORTOFINO POWER CENTER, ACCORDING TO THE MAP OR PLAT THEREOF RECORDED IN CABINET O, SHEET 74 OF THE MAP RECORDS OF XXXXXXXXXX COUNTY, TEXAS, (M.C M.R.), ALSO BEING SITUATED IN THE X.X. XXXXXXXXX SURVEY, ABSTRACT 389 AND THE XXXXXXXXXX COUNTY SCHOOL LAND SURVEY, ABSTRACT 350, XXXXXXXXXX COUNTY, TEXAS, SAID 35.000 ACRES BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: (THE BASIS OF BEARING IS THE EAST RIGHT OF-WAY LINE OF INTERSTATE HIGHWAY 45 (1-45):
BEGINNING AT A FOUND 5/8-INCH IRON ROD WITH CAP STAMPED “SITECH ENGINEERING” IN THE EAST RIGHT-OF-WAY LINE OF 1-45 (WIDTH VARIES) AND AT THE NORTHWEST CORNER OF THAT CALLED 12.162 ACRE UNRESTRICTED RESERVE “A” SHOWN ON THE PLAT TITLED HOME DEPOT WOODLANDS, AS RECORDED IN CABINET L, SHEET 129, M.C.M.R. AND THE SOUTHWEST CORNER OF SAID UNRESTRICTED RESERVE “A”;
THENCE NORTH 07° 17’ 43” WEST, ALONG THE EASTERLY RIGHT OF WAY LINE OF SAID INTERSTATE HIGHWAY 45, AND THE WEST LINE OF SAID UNRESTRICTED RESERVE “A”, A DISTANCE OF 589.92 FEET TO A FOUND 5/8 INCH IRON ROD WITH CAP (“SITECH ENGINEERING”);
THENCE NORTH 82° 40’ 41” EAST, A DISTANCE OF 267.81 FEET TO A FOUND “X” IN CONCRETE;
THENCE NORTH 07° 19’ 19” WEST, A DISTANCE OF 545.00 FEET TO A FOUND “X” IN CONCRETE;
THENCE SOUTH 82° 40’ 41” WEST, A DISTANCE OF 267.08 FEET TO A FOUND 5/8 INCH IRON ROD WITH CAP (“SITECH ENGINEERING”) IN THE EASTERLY RIGHT OF WAY LINE OF SAID INTERSTATE HIGHWAY, ALSO BEING IN THE WESTERLY LINE OF SAID UNRESTRICTED RESERVE “A”, AND LYING IN A CURVE TO THE LEFT;
THENCE ALONG SAID CURVE TO THE LEFT WITH A RADIUS OF 11534.16 FEET, AN ARC OF 23.71 FEET, THROUGH A DELTA OF 00° 07’ 04”, AND A CHORD BEARING NORTH 07° 25’ 53” WEST, 23.71 FEET TO A SET 5/8 INCH IRON ROD (WITH CAP STAMPED “COTTON SURVEYING”);
THENCE NORTH 05° 43’ 21” WEST, ALONG THE EASTERLY RIGHT OF WAY LINE OF SAID INTERSTATE HIGHWAY 45, AND THE WESTERLY LINE OF SAID UNRESTRICTED RESERVE “A”, AND SAID UNRESTRICTED RESERVE “B”, PASSING AT A DISTANCE OF 215.85 FEET THE NORTHWEST CORNER OF SAID UNRESTRICTED RESERVE “A”, AND THE SOUTHWEST CORNER OF SAID UNRESTRICTED RESERVE “B”, IN ALL A TOTAL DISTANCE OF 360.66 FEET TO A FOUND 5/8 INCH IRON ROD (WITH CAP STAMPED “SITECH ENGINEERING”);
THENCE NORTH 07° 52’ 41” WEST, ALONG THE EASTERLY RIGHT OF WAY LINE OF SAID INTERSTATE HIGHWAY 45, AND THE WESTERLY LINE OF SAID UNRESTRICTED RESERVE “B’, A DISTANCE OF 32.25 FEET TO A FOUND 1/2- INCH IRON ROD;
THENCE NORTH 81° 55’ 07” EAST, A DISTANCE OF 267.91 FEET TO A FOUND “X” IN CONCRETE;
THENCE NORTH 08° 04’ 53” WEST, A DISTANCE OF 545.00 FEET TO A FOUND “X” IN CONCRETE;
THENCE SOUTH 81° 55’ 07” WEST, A DISTANCE OF 264.90 FEET TO A FOUND 1/2-INCH IRON ROD, IN THE EASTERLY RIGHT OF WAY LINE OF SAID INTERSTATE HIGHWAY 45, AND LYING IN THE WESTERLY LINE OF SAID UNRESTRICTED RESERVE “B”, AND LYING IN A CURVE TO THE RIGHT;
THENCE ALONG SAID CURVE TO THE RIGHT WITH A RADIUS OF 23100.31 FEET, AN ARC LENGTH OF 92.28 FEET, THROUGH A DELTA OF 00° 13’ 44”, AND A CHORD BEARING NORTH 08° 06’ 160 WEST, 92.28 FEET TO A FOUND 5/8 INCH IRON ROD WITH CAP (“SITECH ENGINEERING”);
THENCE NORTH 06° 01’ 27” WEST A DISTANCE OF 101.44 FEET, TO A FOUND CONCRETE MONUMENT;
THENCE NORTH 07° 45’ 18” WEST, A DISTANCE OF 52.51 FEET TO A FOUND 5/8, AT THE NORTHWEST CORNER OF SAID UNRESTRICTED RESERVE “B”, AND THE HEREIN DESCRIBED TRACT;
THENCE NORTH 82° 44’ 40” EAST, ALONG THE NORTH LINE OF SAID UNRESTRICTED RESERVE “B”, A DISTANCE OF 272.58 FEET TO A FOUND “X” IN CONCRETE;
THENCE SOUTH 07° 16’ 22” EAST, ALONG THE NORTHERLY LINE OF SAID UNRESTRICTED RESERVE “B”, A DISTANCE OF 173.34 FEET TO A FOUND “X” IN CONCRETE;
THENCE NORTH 86° 47’ 30” EAST, ALONG THE NORTHERLY LINE OF SAID UNRESTRICTED RESERVE “B”, A DISTANCE OF 251.59 FEET TO A FOUND “X” IN
CONCRETE, AT AN ANGLE POINT IN THE NORTHERLY LINE OF SAID UNRESTRICTED RESERVE ‘‘B”;
THENCE NORTH 87° 01’ 02” EAST, ALONG THE NORTHERLY LINE OF SAID UNRESTRICTED RESERVE “B”, A DISTANCE OF 343.05 FEET TO A FOUND “X” IN CONCRETE, AN ANGLE POINT IN THE NORTHERLY LINE OF SAID UNRESTRICTED RESERVE “B”;
THENCE NORTH 86° 54’ 06” EAST, ALONG THE NORTHERLY LINE OF SAID UNRESTRICTED RESERVE “B”, A DISTANCE OF 106.47 FEET TO A SET 5/8-INCH IRON ROD (WITH CAP STAMPED “COTTON SURVEYING”) AT THE NORTHEAST CORNER OF SAID UNRESTRICTED RESERVE “B”, AND THE HEREIN DESCRIBED TRACT;
THENCE SOUTH 02° 35’ 24” EAST, ALONG THE EASTERLY LINE OF SAID UNRESTRICTED RESERVE “B”, A DISTANCE OF 121.47 FEET TO A FOUND 5/8 INCH IRON ROD WITH CAP (“SITECH ENGINEERING’), AT ANGLE POINT IN THE EASTERLY LINE OF SAID UNRESTRICTED RESERVE “B”, IN THE WEST LINE OF XXXXX MEMORIAL DRIVE (80 FEET WIDE);
THENCE SOUTH 17° 38’ 20” WEST, ALONG THE EASTERLY LINE OF SAID UNRESTRICTED RESERVE “B”, AND THE WEST RIGHT OF WAY LINE OF SAID XXXXX MEMORIAL DRIVE, A DISTANCE OF 170.72 FEET TO A FOUND 5/8 INCH IRON ROD WITH CAP (“SITECH ENGINEERING”) AND THE BEGINNING OF A CURVE TO THE LEFT;
THENCE ALONG SAID CURVE TO THE LEFT WITH A RADIUS OF 340.00 FEET, AN ARC LENGTH OF 120.04 FEET, THROUGH A DELTA OF 20° 13’ 44”, AND A CHORD BEARING SOUTH 07° 31’ 28” WEST, 119.42 FEET TO A FOUND 5/8-INCH IRON ROD (WITH CAP STAMPED “SITECH ENGINEERING”);
THENCE SOUTH 02° 35’ 24” EAST, ALONG THE EAST LINE OF SAID UNRESTRICTED RESERVE “B” UNRESTRICTED RESERVE “A”, AND THE WEST RIGHT OF WAY LINE OF SAID XXXXX MEMORIAL DRIVE, PASSING AT A DISTANCE OF 564.38 FEET THE SOUTHEAST CORNER OF SAID UNRESTRICTED RESERVE “B”, AND THE NORTHEAST CORNER OF SAID UNRESTRICTED RESERVE “A”, IN ALL A TOTAL DISTANCE OF 1453.54 FEET TO A FOUND 5/8 INCH IRON ROD WITH CAP (“SITECH ENGINEERING”), AT THE BEGINNING OF A CURVE TO THE RIGHT;
THENCE ALONG SAID CURVE TO THE RIGHT WITH A RADIUS OF 260.00 FEET, AN ARC LENGTH OF 54.54 FEET, THROUGH A DELTA OF 12° 01’ 05”, AND A CHORD BEARING SOUTH 03°25” 09” WEST, 54.44 FEET TO A FOUND 5/8 INCH IRON ROD WITH CAP (“SITECH ENGINEERING”);
THENCE SOUTH 09° 25’ 41” WEST, ALONG THE WEST RIGHT OF WAY LINE OF SAID XXXXX MEMORIAL DRIVE, AND THE EAST LINE OF SAID UNRESTRICTED RESERVE
“A”, A DISTANCE OF 165.87 FEET TO A FOUND 5/8 INCH IRON ROD WITH CAP (“SITECH ENGINEERING”), AND THE BEGINNING OF A CURVE TO THE LEFT;
THENCE ALONG SAID CURVE TO THE LEFT WITH A RADIUS OF 340.00 FEET, AN ARC LENGTH OF 43.40 FEET, THROUGH A DELTA OF 07° 18’ 52”, AND A CHORD BEARING SOUTH 05° 46’ 15” WEST, A DISTANCE OF 43.38 FEET TO A FOUND 5/8 INCH IRON ROD WITH CAP (“SITECH ENGINEERING”);
THENCE ALONG A CURVE TO THE RIGHT WITH A RADIUS OF 1960.00 FEET, AN ARC LENGTH OF 69.01 FEET, THROUGH A DELTA OF 02° 01’ 02”, AND A CHORD BEARING SOUTH 04° 09’ 20” WEST, 69.01 FEET TO A FOUND 5/8 INCH IRON ROD WITH CAP (“SITECH ENGINEERING”) AT THE INTERSECTION OF THE WEST RIGHT OF WAY LINE OF SAID XXXXX MEMORIAL DRIVE, WITH THE SOUTH RIGHT OF WAY LINE OF XXXXXXXXX XXXX (30 FOOT PRIVATE DRIVE), AT THE SOUTHEAST CORNER OF THE HEREIN DESCRIBED PARCEL;
THENCE SOUTH 86° 32’ 44” WEST, ALONG THE SOUTHERLY RIGHT OF WAY LINE OF XXXXXXXXX XXXX, A DISTANCE OF 667.45 FEET (CALLED 666.19 FEET) TO THE POINT OF BEGINNING CONTAINING 35.000 ACRES OF LAND IN XXXXXXXXXX COUNTY, TEXAS.
TRACT TWO: (FEE)
BEING A 1.4304 ACRE PARCEL BEING ALL OF UNRESTRICTED RESERVE “C”, OF THE REPLAT OF UNRESTRICTED RESERVE “A”, AND UNRESTRICTED RESERVE “C”, AND XXXXX MEMORIAL DRIVE OF THE PORTOFINO POWER CENTER, ACCORDING TO THE MAP OR PLAT THEREOF RECORDED IN CABINET O, SHEET 74 OF THE MAP RECORDS OF XXXXXXXXXX COUNTY, TEXAS, (M.C.M.R.), ALSO BEING SITUATED IN THE X. X. XXXXXXXXX SURVEY, ABSTRACT 389 AND THE XXXXXXXXXX COUNTY SCHOOL LAND SURVEY, ABSTRACT 350, XXXXXXXXXX COUNTY, TEXAS, SAID 1.4304 ACRES BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS: (THE BASIS OF BEARING IS THE EAST RIGHT-OF-WAY LINE OF INTERSTATE HIGHWAY 45 (I- 45):
BEGINNING AT A FOUND 5/8 INCH IRON ROD WITH CAP (“SITECH ENGINEERING’), IN THE EASTERLY RIGHT OF WAY LINE OF SAID INTERSTATE HIGHWAY 45, AT THE NORTHWEST CORNER OF SAID UNRESTRICTED RESERVE “C”, AND THE HEREIN DESCRIBED TRACT;
THENCE NORTH 86° 55’ 17” EAST, ALONG THE NORTHERLY LINE OF SAID UNRESTRICTED RESERVE “C”, A DISTANCE OF 265.20 FEET TO A FOUND 5/8 INCH IRON ROD AT THE NORTHEAST CORNER OF SAID UNRESTRICTED RESERVE “C”, AND THE HEREIN DESCRIBED TRACT;
THENCE SOUTH 07° 45’ 18” EAST, ALONG THE EAST LINE OF SAID UNRESTRICTED RESERVE “C”, A DISTANCE OF 226.08 FEET TO A FOUND “X” IN CONCRETE AT THE SOUTHEAST CORNER OF THE HEREIN DESCRIBED TRACT;
THENCE SOUTH 82° 44’ 40” WEST, ALONG THE SOUTH LINE OF SAID UNRESTRICTED RESERVE “C”, A DISTANCE OF 264.33 FEET TO A FOUND “X” IN THE CONCRETE IN THE EASTERLY RIGHT OF WAY LINE OF INTERSTATE HIGHWAY 45, AT THE SOUTHWEST CORNER OF SAID UNRESTRICTED RESERVE “C”, AND THE HEREIN DESCRIBED TRACT;
THENCE NORTH 07° 45’ 18” WEST, ALONG THE EASTERLY RIGHT OF WAY LINE OF SAID INTERSTATE HIGHWAY 45, AND THE WEST LINE OF SAID UNRESTRICTED RESERVE “C”, A DISTANCE OF 245.40 FEET TO THE POINT OF BEGINNING, CONTAINING 1.4304 ACRES OF LAND IN XXXXXXXXXX COUNTY, TEXAS.
TRACT THREE: (FEE)
BEING 3.33 ACRES OF LAND, UNRESTRICTED RESERVE “B” OF THE LAKES AT PORTOFINO, A REPLAT OF UNRESTRICTED RESERVE “A” AND UNRESTRICTED RESERVE “B” OF THE PORTOFINO POWER CENTER, A SUBDIVISION OF 58.8910 ACRES OF LAND IN THE X.X. XXXXXXXXX SURVEY, A-389, AND THE XXXXXXXXXX COUNTY SCHOOL LAND SURVEY, A-350, XXXXXXXXXX COUNTY, TEXAS, ACCORDING TO THE MAP OR PLAT THEREOF RECORDED IN CABINET “S”, SHEET 133 OF THE MAP RECORDS OF XXXXXXXXXX COUNTY, TEXAS, (M.C.M.R.)
TRACT FOUR: (FEE)
BEING 3.35 ACRES OF LAND, UNRESTRICTED RESERVE “A” OF THE LAKES AT PORTOFINO, A REPLAT OF UNRESTRICTED RESERVE “A” AND UNRESTRICTED RESERVE “B” OF THE PORTOFINO POWER CENTER, A SUBDIVISION OF 58.8910 ACRES OF LAND IN THE WM. XXXXXXXXX SURVEY, A-389, AND THE XXXXXXXXXX COUNTY SCHOOL LAND SURVEY, A-350, XXXXXXXXXX COUNTY, TEXAS, ACCORDING TO THE MAP OR PLAT THEREOF RECORDED IN CABINET “S”, SHEET 000 XX XXX XXX XXXXXXX XX XXXXXXXXXX XXXXXX, XXXXX, (M.C.M.R.)
TRACT FIVE: (EASEMENT RIGHTS ONLY)
A NON-EXCLUSIVE EASEMENT OVER, THROUGH AND AROUND THE ACCESS DRIVES AND COMMON AREAS FOR DRIVEWAYS, WALKWAYS, INGRESS AND EGRESS OF MOTOR VEHICLES, LOADING AND UNLOADING OF COMMERCIAL AND OTHER VEHICLES, AS CONTAINED IN EASEMENTS WITH COVENANTS AND RESTRICTIONS AFFECTING LAND DATED MARCH 16, 2000, RECORDED UNDER CLERK’S FILE NO 2000-023842, REFILED UNDER FILE NO. 2000-034164 AND
AMENDED BY INSTRUMENT RECORDED UNDER FILE NO. 2000-093962 OF THE REAL PROPERTY RECORDS OF XXXXXXXXXX COUNTY, TEXAS.
TRACT SIX: (EASEMENT RIGHTS ONLY)
A NON-EXCLUSIVE EASEMENT FOR INGRESS AND EGRESS BY VEHICULAR AND PEDESTRIAN TRAFFIC AND VEHICULAR PARKING UPON, OVER AND ACROSS THE COMMON AREA AS SET FORTH THEREIN; AND A NON-EXCLUSIVE EASEMENT UNDER, THROUGH, AND ACROSS THE COMMON AREA FOR THE INSTALLATION, OPERATION, MAINTENANCE, REPAIR, AND REPLACEMENT OF WATER DRAINAGE SYSTEMS OR STRUCTURES, WATER MAINS, SEWERS, WATER SPRINKLER SYSTEM LINES, TELEPHONES, ELECTRICAL CONDUITS OR SYSTEMS, GAS MAINS, PNEUMATIC TUBES, DATA LINES AND OTHER PUBLIC OR PRIVATE UTILITIES AS CONTAINED IN DECLARATION OF RESTRICTIONS, GRANT OF EASEMENTS AND COMMON AREA MAINTENANCE AGREEMENT RECORDED UNDER CLERK’S FILE NO. 2000-100618 OF THE REAL PROPERTY RECORDS OF XXXXXXXXXX COUNTY, TEXAS.
TRACT SEVEN: (EASEMENT RIGHTS ONLY)
TERMS, CONDITIONS AND STIPULATIONS OF THAT CERTAIN EASEMENT WITH COVENANTS AND RESTRICTIONS AFFECTING LAND, EXECUTED BY AND BETWEEN SAM’S EAST, INC. AND PORTOFINO, LTD., DATED MARCH 16, 2000, RECORDED UNDER COUNTY CLERK’S FILE NO. 2000-023842, REFILED UNDER FILE NO. 2000-034164 AND AMENDED BY INSTRUMENT RECORDED UNDER FILE NO. 2000-93962 OF THE REAL PROPERTY RECORDS OF XXXXXXXXXX COUNTY, TEXAS.
TRACT EIGHT: (EASEMENT RIGHTS ONLY)
TERMS, CONDITIONS AND STIPULATIONS OF THAT CERTAIN RECIPROCAL PARKING AGREEMENT CONTAINED IN DECLARATION OF RESTRICTIONS, GRANT OF EASEMENTS AND COMMON AREA MAINTENANCE AGREEMENT RECORDED UNDER COUNTY CLERK’S FILE NO. 2000-100618 OF THE REAL PROPERTY RECORDS OF XXXXXXXXXX COUNTY, TEXAS.
[End of Exhibit]
Exhibit A-10
LEGAL DESCRIPTION OF KINGWOOD COMMONS PROPERTY
PARCEL 1
BEING A 17.3701 ACRE TRACT OF LAND LOCATED IN THE XXXX XXXXX SURVEY, A-405.XXXXXXXXXX COUNTY, TEXAS; SAID 17.3701 ACRE TRACT BEING OUT OF RESTRICTED RESERVE “A” OF KINGWOOD COMMONS REPLAT NO. 1, A 26.2184 ACRE SUBDIVISION RECORDED IN CABINET “T”, SHEETS 000 XXXX 000 XX XXX XXXXXXX XX XXXXXXXXXX XXXXXX, XXXXX; SAID 17.3701 ACRE TRACT BEING ALL OF THAT SAME CALLED 17.3701 ACRE TRACT OF LAND CONVEYED TO CRLP KINGWOOD DRIVE, LLC IN FILE NO. 2004-037203 OF THE OFFICIAL PUBLIC RECORDS OF REAL PROPERTY OF XXXXXXXXXX COUNTY, TEXAS (O.P.R.R.P.M.C.T.); SAID 17.3701 ACRE TRACT BEING MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS FOLLOWS (ALL BEARINGS ARE REFERENCED TO THE WEST LINE OF SAID RESERVE “A”);
BEGINNING AT A 5/8 INCH IRON ROD WITH PLASTIC CAP STAMPED “SURVCON INC.” FOUND FOR THE NORTHEAST CORNER OF SAID RESERVE “A”, THE NORTHEAST CORNER OF SAID CALL 17.3701 ACRE TRACT, AND THE MOST NORTHERLY CORNER OF THE LODGE AT KINGWOOD APTS., A 14.80 ACRE SUBDIVISION RECORDED IN FILM CODE NO. 405029 OF THE MAP RECORDS OF XXXXXX COUNTY, TEXAS, SAID IRON ROD ALSO BEING ON THE SOUTH RIGHT-OF-WAY LINE OF KINGWOOD DRIVE (WIDTH VARIES) RECORDED IN VOLUME 695, PAGE 411 OF THE DEED RECORDS OF XXXXXXXXXX COUNTY, TEXAS AND CORRECTED IN FILM CODE NO. ###-##-#### OF THE O.P.R.R.P.M.C.T.;
THENCE, WITH THE COMMON LINE OF SAID RESERVE “A”, SAID CALL 17.3701 ACRE TRACT, AND SAID LODGE AT KINGWOOD APTS., THE FOLLOWING TWO (2) COURSES AND DISTANCES:
1. SOUTH 26° 44’ 40” WEST, A DISTANCE OF 455.33 FEET TO A 5/8-INCH IRON ROD WITH PLASTIC CAP STAMPED “SURVCON INC.” FOUND FOR THE MOST EASTERLY SOUTHEAST CORNER OF SAID RESERVE “A” AND SAID CALL 17.3701 ACRE TRACT, SAME BEING AN INTERIOR CORNER OF SAID LODGE AT KINGWOOD APTS.;
2. SOUTH 87° 32’ 06” WEST, A DISTANCE OF 1014.54 FEET TO A 5/8-INCH IRON ROD FOUND FOR AN EXTERIOR CORNER ON THE EAST LINE OF A CALL 3.1780 ACRE TRACT OF LAND CONVEYED TO APF WO 28, LP IN FILE NO. 2006-100817 OF THE O.P.R.R.P.M.C.T. AND THE MOST SOUTHERLY XXXXXXXXX XXXXXX XX XXXX XXXX 00.0000 XXXX XXXXX;
THENCE, WITH THE COMMON LINE OF SAID CALL 6.1780 AND 00.0000XXXX TRACTS, THE FOLLOWING TWO (2) COURSES AND DISTANCES:
3. NORTH 14° 57’ 33” EAST, A DISTANCE OF 189.10 FEET TO AN “X” SCRIBED IN CONCRETE PAVEMENT.
4. ALONG THE ARC OF A CURVE TO THE LEFT, AT AN ARC DISTANCE OF 66.07 FEET PASSING THE MOST NORTHERLY CORNER OF SAID CALL 6.1780 ACRE TRACT AND NORTHEAST CORNER OF A CALL 0.4622 ACRE TRACT OF LAND CONVEYED TO KINGWOOD DEVELOPMENT PARTNERS, L.L.C. IN FILE NO. 2006-127455 OF THE O.P.R.R.P.M.C.T., CONTINUING IN ALL A TOTAL ARC DISTANCE OF 116.16 FEET, SAID CURVE HAVING A CENTRAL ANGLE OF 57° 52’ 22’, A RADIUS OF 115.00 FEET AND A CHORD THAT BEARS NORTH 46° 06’ 16” WEST, A DISTANCE OF 111.8 FEET TO A 5/8-INCH IRON ROD WITH CAP STAMPED “XXXXXXXX INC RPLS 4416” FOUND;
5. THENCE, WITH THE COMMON LINES OF SAID CALL 17.3701 AND 0.4622 ACRE TRACTS, NORTH 75° 02’ 27” WEST, A DISTANCE OF 123.50 FEET TO A 5/8-INCH IRON ROD WITH CAP STAMPED “XXXXXXXX INC RPLS 4416” FOUND FOR THE NORTHWEST CORNER OF SAID CALL 0.4622 ACRE TRACT AND MOST WESTERLY CORNER OF SAID CALL 17.3701 ACRE TRACT, SAID IRON ROD ALSO BEING ON THE WEST LINE OF AFORESAID RESERVE “A” AND EAST LINE OF THE SOUTHERN PACIFIC RAILROAD (100-FEET WIDE);
6. THENCE, WITH THE COMMON LINE OF SAID RESERVE “A” AND SOUTHERN PACIFIC RAILROAD, NORTH 14° 57’ 33” EAST, A DISTANCE OF 344.00 FEET TO A 5/8-INCH IRON ROD WITH CAP STAMPED “XXXXXXXX INC RPLS 4416”SET FOR THE SOUTHWEST CORNER OF A CALL 1.3591 ACRE TRACT OF LAND CONVEYED TO SOUTHWEST BANK OF TEXAS IN FILE 2000-065105 OF THE O.P.R.R.P.M.C.T.;
7. THENCE, WITH THE SOUTH LINE OF SAID CALL 1.3591 ACRE TRACT, SOUTH 75° 02’ 27” EAST, A DISTANCE OF 181.36 FEET TO A 5/8-INCH IRON ROD WITH CAP STAMPED “XXXXXXXX INC RPLS 4416”FOUND;
8. THENCE, CONTINUING WITH SAID SOUTH LINE, 53.81 FEET ALONG THE ARC OF A CURVE TO THE RIGHT, SAID CURVE HAVING A CENTRAL ANGLE OF 22° 50’ 11”, A RADIUS OF 135.00 FEET AND A CHORD THAT BEARS NORTH 53° 00’ 23” EAST, A DISTANCE OF 53.45 FEET TO AN “X” FOUND SCRIBED IN CONCRETE PAVEMENT FOR THE MOST EASTERLY SOUTHEAST CORNER OF SAID CALL 1.359 ACRE TRACT, SAID “X” ALSO BEING ON THE WEST LINE OF A CALL 0.8490 ACRE TRACT CONVEYED TO WENDY’S INTERNATIONAL, INC. IN FILE NO. 2001-076811 OF THE O.P.R.R.P.M.C.T.;
9. THENCE, WITH THE WEST LINE OF SAID CALL 0.8490 ACRE TRACT, SOUTH 09° 20’ 20” WEST, A DISTANCE OF 6.28 FEET TO AN “X” FOUND SCRIBED IN CONCRETE PAVEMENT FOR THE XXXXXXXXX XXXXXX XX XXXX XXXX 0.0000 XXXX XXXXX;
THENCE, WITH THE SOUTH AND EAST LINE OF SAID CALL 0.8490 ACRE TRACT, THE FOLLOWING SIX (6) COURSES AND DISTANCES:
10. 86.18 FEET ALONG THE ARC OF A CURVE TO THE RIGHT, SAID HAVING A CENTRAL ANGLE OF 40° 18’ 50”, A RADIUS OF 122.48 FEET AND A CHORD THAT
BEARS NORTH 81° 12’ 31” EAST, A DISTANCE OF 84.41 FEET TO AN “X” FOUND SCRIBED IN CONCRETE PAVEMENT;
11. SOUTH 75° 13’ 34” EAST, A DISTANCE OF 68.17 FEET TO A 5/8-INCH IRON ROD WITH CAP STAMPED “XXXXXXXX INC RPLS 4416” FOUND;
12. 45.70 FEET ALONG THE ARC OF A CURVE TO THE LEFT, SAID CURVE HAVING A CENTRAL ANGLE OF 84° 20’ 57”, A RADIUS OF 31.04 FEET AND A CHORD THAT BEARS NORTH 60° 28’ 03” EAST, A DISTANCE OF 41.68 FEET TO A 5/8-INCH IRON ROD WITH CAP STAMPED “XXXXXXXX INC RPLS 4416” FOUND;
13. NORTH 08° 46’ 09” EAST, A DISTANCE OF 175.60 FEET TO AN “X” FOUND SCRIBED IN CONCRETE PAVEMENT;
14. NORTH 80° 39’ 40” WEST, A DISTANCE OF 32.44 FEET TO A 5/8-INCH IRON ROD WITH CAP STAMPED “XXXXXXXX INC RPLS 4416” FOUND;
15. NORTH 09° 20’ 20” EAST, A DISTANCE OF 29.79 FEET TO A 5/8-INCH IRON ROD WITH CAP STAMPED “XXXXXXXX INC RPLS 4416” FOUND FOR THE MOST NORTHERLY NORTHEAST CORNER OF SAID CALL 0.8490 ACRE TRACT, SAID IRON ROD ALSO BEING ON THE NORTH LINE OF AFORESAID RESERVE “A” AND SOUTH RIGHT-OF-WAY LINE OF AFORESAID KINGWOOD DRIVE;
THENCE, WITH THE NORTH LINE OF SAID RESERVE “A” AND SAID SOUTH RIGHT-OF-WAY LINE, THE FOLLOWING TWO (2) COURSES AND DISTANCES:
16. 888.88 FEET ALONG THE ARC OF A CURVE TO THE RIGHT, SAID CURVE HAVING A CENTRAL ANGLE OF 24° 26’ 17”, A RADIUS OF 2084.00 FEET AND A CHORD THAT BEARS SOUTH 67° 37’ 45” EAST, A DISTANCE OF 882.16 FEET, FROM WHICH A 3/4-INCH IRON ROD FOUND BENT BEARS SOUTH 72 DEGREES 11 MINUTES EAST, A DISTANCE OF 0.32 FEET;
17. 75.06 FEET ALONG THE ARC OF A CURVE TO THE LEFT, SAID CURVE HAVING A CENTRAL ANGLE OF 02° 03’ 49”, A RADIUS OF 2084.00 FEET AND A CHORD THAT BEARS SOUTH 56° 26’ 31” EAST, A DISTANCE OF 75.06 FEET TO THE POINT OF BEGINNING AND CONTAINING 17.3701 ACRES OF LAND.
PARCEL 2
RIGHTS, PRIVILEGES AND EASEMENTS CONTAINED IN THAT CERTAIN SIGNAGE EASEMENT AGREEMENT FROM WENDY’S INTERNATIONAL, INC. DATED AUGUST 29, 2001, RECORDED AS DOCUMENT NO. 2001-076812 OF OFFICIAL RECORDS.
PARCEL 3
RIGHTS, PRIVILEGES, AND EASEMENTS CONTAINED IN THAT CERTAIN RECIPROCAL OPERATING AND EASEMENT AGREEMENT FOR KINGWOOD COMMONS, RECORDED UNDER CLERK’S FILE NO. 2000-063104, AS AMENDED BY
CLERK’S FILE NO. 2003-049671, ALL OF THE OFFICIAL RECORDS OF XXXXXXXXXX COUNTY, TEXAS.
[End of Exhibit]
Exhibit B
LEASE SCHEDULE
Folders and Files
Leases
Xxx Xxxxxx No. 1378
Lease Documents
Xxx Xxxxxx - 1st Amendment to Lease 07-08-2003.pdf
Xxx Xxxxxx - Fully Executed Lease Agreement 04-24-2003.pdf
Xxx Xxxxxx - Renewal Notice 11-15-2012.pdf
Xxx Xxxxxx.pdf
Athens Cafe - Buffalos
Lease Documents
Athen Cafe Lease Agreement - 4-23-1997.pdf
Athens Cafe - First Amendment to Lease 5-18-2006.pdf
Beechwood Buffalo’s First Amendment to Lease dated 5-18-06.pdf
Bank of America No. GA8-042
Lease Documents
Bank of America - 1st Amendment to Lease 02-14-2005.pdf
Bank of America - Fully Executed Lease Agreement 09-01-2003.pdf
Bank of America - Notification to Renew Lease 02-22-2012 .pdf
Bath and Body Works
Beechwood - Bath and Body Works - 5th Amendment to the Lease - 08.01.2013.pdf
Lease Documents
Bath and Body Works - 1st Amendment 03-06-2006.pdf
Bath and Body Works - 2nd Amendment 03-27-2007.pdf
Bath and Body Works - 3rd Amendment 04-10-2009.pdf
Bath and Body Works - 4th Amendment to Lease 07-21-2011.pdf
Bath and Body Works - Agreement 12-04-2003.pdf
Bath and Body Works - Exhibit A to Lease.pdf
Bath and Body Works - Lease Agreement 05-05-2000.pdf
Lease Documents
3rd Amendment to Lease Agreement 12-17-2010.pdf
Bath and Body Works - Lease Agreement 03-17-2000.pdf
TVI Bath and Body Works First Amendment dated 8-22-05.pdf
TVI Bath and Body Works Lease dated 12-4-03.pdf
TVI Bath and Body Works Notice declining to Renew 9-17-10.pdf
NI Bath and Body Works Second Amendment dated 5-30-06.pdf
BodyPlex
Lease Documents
ASSIGNMENT and ASSUMPTION of LEASE dated 10-22-08.pdf
Beechwood Bodypiex Landlord Agreement 10-30-08.01
Bodyplex First Amendment dated 2-15-05.pdf
executed Third Amendment.pdf
Fully-Executed Second Amendment dated 6-7-05.pdf
Guaranty Dated 10-21-08.pdf
Lease dated 11-30-04.pdf
Chicos No. 452
Lease Documents
Chico’s - 1st Amendment to Lease 12-02-2008.pdf
Chico’s - 2nd Amendment to Lease 02-08-2013.pdf
Chico’s - Co-Tenancy Letter 10-10-2011.pdf
Chico’s - Lease Agreement 10-13-2003.pdf
Chico’s - Lease Extension Notice 10-16-2013.pdf
Chico’s - Renewal Letter 10-28-2010.pdf
Chico’s - Termination Notice 08-14-2012.pdf
lease outline (final).pdf
lease outline (original).pdf
Cold Water Creek
Lease Documents
Assignment and Assumption of Leases effective 1-31-08.pdf
Beechwood Coldwater Creek Commencement Agreement dated 3-24-06.pdf
BW Coldwater Creek Second Amendment dated 1-20-11.pdf
FIRST AMENDMENT dated 12-19-05.pdf
Lease dated 8-11-05.pdf
CVS
Lease Documents
CVS extension 3-19-04.pdf
CVS lease dated May 2 1994.pdf
CVS-second option exercise 3-12-09.pdf
Dick Ferqusons
Lease Documents
Beechwood Xxxx Xxxxxxxx Lease dated 9-30-05.pdf
Fresh Market
Conditions Extension
2012-06-11_155ATHEN_ConditionsRelease.pdf
BW Fresh market Conditions Extension 4-20-12.pdf
Lease Documents
BW Fresh Market Synopsis rev 2-22-12.doc
FM Lease Commission Agreement.pdf
Fresh Market - Fully Executed Lease Agreement 02-22-2012.pdf
Fresh Market - Fully Executed Short Form of Lease 02-22-2012.pdf
Fresh Market - Fully Executed SNDA.pdf
Fresh Market - Notice of Lease Commencement 11-21-2012.pdf
Fresh Market - Rent Acknowledgement 11-21-2012.pdf
Letter Agreement 2012
BW Fresh Market Letter Agreement signed by Landlord dated 3-19-12.pdf
BW Fresh Market Letter Agreement signed by Tenant dated 3-19-12.pdf
Original copies of Easement documents
Georgia Power Co easement documents.pdf
KeyBank Real Estate Capital easement documents.pdf
Georgia Theater Co
Lease Documents
Georgia Theatre - 1st Amendment to Lease 01-28-1998.pdf
Georgia Theatre - Ground Lessor Estoppel and Agreement 01-22-2003.pdf
Georgia Theatre - Lease Agreement 04-25-1992.pdf
Georgia Theatre - Lease Renewal 01-21-2013.pdf
Xxxxxxxxx Xxxx
XX - Xxxxxxxxx Xxxx 0000 Temporary License Agreement.pdf
Headline Hair and Nail Salon
Lease Documents
Beechwood Headline Hair and Nail Salon First Amendment dated 4-27-09.pdf
Beechwood Headline Hair and Nail Salon Lease dated 11-30-04.pdf
BW Headline Nail Assignment and Assumption dated 5-25-11.pdf
Jason’s Deli
Lease Documents
Beachwood Jason’s Deli Lease dated 9-10-03.pdf
Xxx A Bank Clothiers Inc
Lease Documents
Beechwood Xxx, A, Banks to extend renewal option 1-25-10.pdf
Beechwood Xxx. X. Xxxxx Lease dated 2-4-04.pdf
Xxx X Xxxxx First Amendment to Lease 3-26-10 Beechwood.pdf
Thumbs.db
JWR Jewelers
Lease Documents
Beechwod JWR Jewelers First Amendment dated 7-11-06.pdf
Beechwood JWR Jewelers Landlord’s Subordination and Consent dated 4-27-99.pdf
Beechwood JWR Jewelers Lease dated 1-8-02.pdf
JWR.pdf
Thumbs.db
Longhorn Steaks
Lease Documents
Beechwood Longhorn Steaks Lease dated 4-26-91 .pdf
Fully Executed Amendment to Lease 12-13-2011.pdf
Menchie’s Frozen Yogurt
Lease Documents
BW - Menchie’s Remeasure.pdf
BW Menchie’s Landlord’s Agreement scanned letter and docs 2-14-11.pdf
Menchies Frozen Yogurt - Lease Agreement 01-03-2011.pdf
Security Deposit Check 12-14-2010.pdf
Planet Smoothie
Lease Documents
Beechwood Planet Smoothie First Amendment dated 9-3-99.pdf
Beechwood Planet Smoothie Lease dated 4-28-99.pdf
Beechwood Planet Smoothie Second Amendment dated 12-1-04.pdf
Beechwood Planet Smoothie Third Amendment dated 7-7-09.pdf
Planet Smoothie - Lease Renewal 06-28-2013.docx
Lease Documents
Plato’s Closet
Lease Documents
Beechwood Plato’s Closet Lease dated 6-24-05.pdf
Plato’s Closet - Confirmation Receipt Letter of Lease Renewal Notice 06-14-2010.pdf
Rack Room Shoes
Lease Documents
Rack Room Shoes - Fully Executed Lease Agreement 06-22-2012.pdf
Radio Shack 01-8768
Lease Documents
2452 Radio Shack Renewal dated 10-21-10.0f
Beechwood Radio Shack Lease dated 9-12-05.pdf
Randstad Staffing Services
Lease Documents
Randstad - 2nd Amendment to Lease 06-18-2009.pdf
Randstad 1st Amendment to Lease 11-09-2006.pdf
Randstad - 3rd Amendment to Leased 09-30-2012.pdf
Randstad - Fully Executed Lease Agreement 09-29-2000.pdf
Regis Salon No. 10050
Lease Documents
2452 Regis Corp. - Fully Executed 1st Amendment to Lease - 11-10-2010 .pdf
Beechwood Regis Salon Commencement Date Agreement dated 9-12-05.pdf
Beechwood Regis Salon Lease dated 7-6-05.pdf
XX Xxxxx Second Amendment dated 8-13-13.pdf
RU Sans
Lease Documents
Beechwood Ru Sans First Amendment dated 3-21-05.pdf
Beechwood Ru Sans Lease dated 9-24-04.pdf
Xxxxx Mart
Lease Documents
1st Amendment to Lease Agreement 12-23-2011.pdf
Beechwood Steinmart Landlord Lien Subordination Letter dated 6-25-02.01
Beechwood Steinmart Lease dated 10-9-96.pdf
Beechwood Steinmart Memorandum of Lease dated 9-25-06.pdf
Lease Documents
PF Steinamart Memorandum of Lease dated 7-16-99.pdf
PF Steinmart Amendment dated 3-7-00.pdf
PF Steinmart Lease dated 7-16-99.pdf
XXXXX MART ELECTION TO EXTEND LEASE TERM.PDF
Talbots No. CC00622
Lease Documents
Beechwood Talbots First Amendment to Lease dated 7-31-01.pdf
Beachwood Talbots Lease dated 2-15-01.pdf
Beechwood Talbots Second Amendment dated 3-3-05.pdf
Talbot’s Renewal - 07-21-2011.pdf
Thumbs.db
Tin Drum Asia Cafe’
Lease Documents
Tin Drum Asia Cafe - Fully Executed Lease Agreement 08-20-2012.pdf
TJ Maxx
Lease Documents
Beechwood TJ Maxx Commencement Date Agreement dated 10-14-05.pdf
Beechwood TJ Maxx First Amendment dated 4-4-05.pdf
Beechwood TJ Maxx Lease dated 12-4-04.pdf
Beechwood TJ Maxx memorandum of Lease dated 12-10-04.pdf
Beechwood TJMaxx letter agreement 3-2-10.pdf
TJ Max 2012 Taxes.pdf
Tuesday Morning
Lease Documents
Tuesday Morning - Fully Executed Amendment to Lease 03-09-2012.pdf
Tuesday Morning - Fully Executed Lease Agreement 09-17-2001.pdf
Tuesday Morning - Lease Renewal Synopsis.pdf
UPS Store
Lease Documents
Beechwood - Xxxxxx Enterprises - Landlord Consent - 07.09.2013.pdf
BW Mail box etc-UPS store Lease dated 6-11-99.pdf
Bw Mailboxes Etc - UPS Store Assignment and transfer of Lease dated 10-28-02.pdf
BW Mailboxes Etc - UPS Store First Amendment dated 6-18-09.pdf
Thumbs.db
UPS - Assignment and Assumption of Lease 11-01-2004.0f
UPS - Fully Executed 1st Amendment to Lease 09-09-2009.pdf
UPS - Fully Executed Lease Agreement 10-21-2004.pdf
UPS - Guaranty 10-14-2004.pdf
Lease Documents
KC UPS Amendment dated 9-14-10.pdf
KC UPS Assignment and Assumption of Lease dated 9-14-10.pdf
Kingwood UPS Estopple dated 3-12-04.pdf
Kingwood UPS First Amendment dated 6-26-06.pdf
Kingwood UPS Guaranty dated 1-3-01.pdf
Kingwood UPS Lease executed 1-15-01.pdf
Guaranty Dated 10-13-08.pdf
Zoom Wireless - Assigment and Assumption of Lease 10-15-2008.pdf
Zoom Wireless - Fully Executed Lease Agreement 10-24-2008.pdf
Lease Synopsis.pdf
Weight Watchers - Fully Executed Lease Agreement 08-08-2012.pdf
KC WHBM Lease snopsis 2-21-13 rev.doc
XX Xxxxx House Black Market Lease dated 2-27-13.pdf
Zachary’s Cajun Cafe - 1st Amendment to Lease 03-06-2009.pdf
Zachary’s Cajun Cafe - Commission Agreement 01-23-2009.pdf
Zachary’s Cajun Cafe - Fully Executed Amendment to Lease 12-01-2011.pdf
Zachary’s Cajun Cafe - Fully Executed Lease Agreement 02-04-2009.pdf
Zachary’s Cajun Cafe - Guaranty 01-26-2009.pdf
Anytime Fitness - 1st Amendment to Lease 09-28-2012.pdf
Anytime Fitness - Fully Executed Guaranty 10-23-2009.pdf
Anytime Fitness - Fully Executed Lease Agreement 10-29-2009.pdf
Anytime Fitness - Lease Amendment Synopsis (1st Amendment).pdf
GUARANTY dated 6-11-09.pdf
LEASE dated 6-18-09.pdf
LW Asian restaurant - Xxxxx Xxxxx signed LOI 413 12.pdf
2nd Amendment to Lease Agreement 11-08-2010.pdf
FIRST AMENDMENT dated 12-18-07.pdf
Lease Agreement 09-25-2001.pdf
Lease Agreement 10-14-2004.pdf
Tenant Acceptance Letter 12-09-2001.pdf
Tenant Acceptance of Document 10-18-2001.pdf
Tenant Acceptance of Premises and Keys 11-09-2001.pdf
Book Nook - Fully Executed 1st Amendment to Lease 05-03-2006.pdf
Book Nook - Fully Executed 2nd Amendment to Lease 05-27-2009.pdf
Book Nook - Fully Executed 3rd Amendment to Lease 05-24-2012.pdf
Book Nook - Fully Executed Guaranty 06-25-2001.pdf
Book Nook - Fully Executed Lease Agreement 06-28-2001.pdf
Book Nook - Lease Amendment Synopsis 06-04-2012.doc
Book Nook - Tenant Acceptance Letter 07-01-2001.pdf
Book Nook - Tenant Acceptance of Doument 07-12-2001.pdf
Book Nook - Tenant Acceptance of Premises and Keys 07-01-2001.pdf
ContingencyWaiver 1-30-2013.pdf
DOC121012.pdf
JPMorgan Chase Bank Lease Synopsis 01-18-2013.doc
Lakewood Exclusives 00-00-00 XXXXX.xxx
XX Xxxxx Xxxx Lease dated 1-24-13.pdf
MyLetterhead v2.docx
SNDA T comments.pdf
Suite 600 and 605 Exhibit A 9-1-12.pdf
1st Amendment to Lease Agreement 11-19-2007.pdf
Estoppel Certificate.pdf
Lease Agreement 11-21-2002.pdf
Lease Agreement 12-14-1990.pdf
Lease Modification Agreement 09-30-1997.pdf
Tenant Acceptance of Document 11-22-2002.pdf
Fully Executed Lease Agreement 07-20-2011.pdf
Fully Executed Tenant Acceptance of Premises and Keys 08-09-2011.pdf
GUARANTY dated 8-31-09.pdf
Lease Agreement dated 9-11-2009.pdf
Buffalo Joanna’s - Assignment and Assumption of Lease 09-24-2012.pdf
Dick’s Wings - Early Entry Agreement 12-21-2011 (Not fully executed).pdf
Dick’s Wings - Fully Executed Lease Agreement 01-01-2012.pdf
Dick’s Wings - Lease Synopsis 02-29-2012.0f
LW Xxxx Xxxxx termination 12 21 11.pdf
New Wings - Assignment and Assumption of Lease 02-08-2013.pdf
New Wings - Guaranty 02-01-2013.0f
Fully Executed 1st Amendment to Lease 08-03-2007.pdf
Fully Executed 2nd Amendment to Lease 08-14-2010.pdf
Lease Agreement 05-20-2004.pdf
Lease Proposal 04-06-2004.pdf
Tenant Acceptance Letter 07-15-2004.pdf
Tenant Acceptance of Document 05-25-2004.pdf
Tenant Acceptance of Premises and Keys 06-16-2004.pdf
Fusion Sushi - Fully Executed Lease Agreement 07-10-2012.pdf
K Q Fusion LLC Lease Synopsis kau CLEAN version 6 25 12.doc
K Q Fusion LLC Lease Synopsis.doc
Suite150 Exhibit A 4-24-12.pdf
2nd Commencement Date Letter 06-08-2001.pdf
Fully Executed 1st Amendment to Lease 05.04-2011 effective 10-01-2011.pdf
Fully Executed Assignment and Assumption of Lease 04-25-2011.pdf
Guaranty dated 10-1-11.pdf
Lease Agreement 02-02-1998.pdf
Lease Agreement 06-11-2001.pdf
Notice - Exercise Option to Extend Lease 08-01-2006.pdf
Notice to not renew Lease 02-14-2011.pdf
Tenant Acceptance of Document 02-16-1998.pdf
Tenant Acceptance of Document 06-19-2001.pdf
Tenant Acceptance of Premises-Keys 02-15-1998.pdf
Tenant Acceptance of Premises-Keys 06-25-2001.pdf
Tenant Aceptance Letter 05-07-1998.pdf
GUARANTY dated 6-30-09.pdf
LEASE dated 7-17-09.pdf
Fully Executed 1st Amendment to Lease 11-30-2006.pdf
Fully Executed 2nd Amendment to Lease 06-17-2011.pdf
Fully Executed Lease Agreement 11-21-2001.pdf
Lease Renewal Synopsis.pclf
Assignment-Transfer of Lease 06-01-2002.pdf
Fully Executed 1st Amendment to Lease Agreement 12-08-2010,pdf
Lease Agreement 03-29-2005.pdf
Tenant Acceptance Letter 04-01-2005.pdf
Tenant Estoppel Certificate 05-14-2007.pdf
Xxxxx Xxxxxx - 1st Amendment to Lease 10-13-2009.pdf
Xxxxx Xxxxxx - 2nd Amendment to Lease 08-20-2012.pdf
Xxxxx Xxxxxx - Fully Executed Lease Agreement 10-01-2002.pdf
Xxxxx Xxxxxx - Lease Synopsis for 2nd Amendment.pdf
Xxxxx Xxxxxx - Tenant Acceptance Letter 10-01-2002.pdf
Xxxxx Xxxxxx - Tenant Acceptance of Document 10-01-2002.pdf
Xxxxx Xxxxxx - Tenant Acceptance Premises-Keys 10-01-2002.pdf
LW Mojo Guaranty 1 29 13.pdf
Mojo Bar-B-Que 1st Amendment to Lease 03-18-2013.pdf
Mojo Bar-B-Que - 2nd Amendment to Lease 03-18-2013.pdf
Mojo Bar-B-Que - Fully Executed Lease 10-01-2002.pdf
Mojo Bar-B-Que - Lease Amendment Synopsis.pdf
Mojo Bar-B-Que - Lease Renewal Synopsis.pdf
Mojo Bar-B-Que - Tenant Acceptance Document 10-08-2002.pdf
Mojo Bar-B-Que - Tenant Acceptance Premises-Keys 12-04-2002.pdf
Mojo Bar-B-Que -Tenant Acceptance Letter 03-04-2003.pdf
Mojo Guaranty 12 16 12.pdf
1st Amendment to Lease 07-21-10.pdf
Guaranty 11-30-2004.pdf
Lease Agreement 11-30-2004.pdf
Lease Outline 10-25-2004.pdf
Tenant Acceptance Letter 02-01-2005.pdf
Tenant Acceptance of Premises and Keys 12-13-2004.pdf
GUARANTY (signed by Xxxxxx).pdf
GUARANTY (signed by Xxxxxxx).pdf
LEASE dated 12-29-08.pdf
Pizza Hut - 1st Option to Renew 08-06-2001.pdf
Pizza Hut - 2nd Option to Renew 07-28-2004.pdf
Pizza Hut - Estoppel Certificate 05-24-2007.pdf
Pizza Hut - Fully Executed Addendum to Lease 05-05-1993.pdf
Pizza Hut - Fully Executed Lease Agreement 05-05-1993.pdf
Pizza Hut - Fully Executed Lease Agreement 11-15-2006.pdf
Pizza Hut - Lease Assignment Synopsis.pdf
Pizza Hut - Lessee’s Certificate of Estoppel 09-29-1997.pdf
Pizza Hut - Lessor’s Certificate of Estoppel and Consent to Assignment 02-29-2012.pdf
Pizza Hut - Notification of Extension of Lease Agreement 02-16-2012.pdf
Pizza Hut - Tenant Estoppel Certificate 09-24-1997.pdf
Planet Smoothie - Fully Executed 1st Amendment to Lease 03-26-2010.pdf
Planet Smoothie - Fully Executed 2nd Amendment to Lease 04-12-2012.pdf
Planet Smoothie - Fully Executed Assignment-Assumption of Lease 06-21-2010.pdf
Planet Smoothie - Fully Executed Guaranty 07-14-2005.pdf
Planet Smoothie - Fully Executed Lease Agreement 07-14-2005.pdf
Planet Smoothie - Lease Relocation and Renewal Synopsis.pdf
Planet Smoothie - Tenant Acceptance Letter 06-01-2005.pdf
Planet Smoothie - Tenant Acceptance of Document 03-03-2000.pdf
Planet Smoothie - Tenant Acceptance of Premises-Keys 03-01-2000.pdf
Planet Smoothie - Tender of Possession Letter 05-18-2012.pdf
Planet Srnothie - Fully Executed Lease Agreement 02-01-2000.pdf
Xxxxxxxxxx’x Tenant Acceptance 01-09-2004.pdf
Xxxxxxxxxx’x Executed Amendment to Lease 12-31-2011.pdf
Xxxxxxxxxx’x Executed Lease Agreement 06-28-2006.pdf
Xxxxxxxxxx’x Fully Executed Lease Agreement 12-29-2003.pdf
Xxxxxxxxxx’x Jewelry and Gifts - Tenant Acceptance Letter 02-01-2004.pdf
Xxxxxxxxxx’x Tenant Acceptance of Premises-Keys 10-01-2006.pdf
San Xxxx Executed 1st Amendment to Lease 11-17-2006.pdf
San Xxxx Executed 2nd Amendment to Lease 04-16-2007.pdf
San Xxxx Executed 3rd Amendment to Lease 12-3-2009.pdf
San Xxxx Executed Lease Agreement 02-16-2004.pdf
San Xxxx Family Practice Center Lease Synopsis 01-18-2013.doc
1st Amendment 4-12-2010.pdf
Lease Agreement 5-5-2000.pdf
Addendum 12-11-2001.0f
Fully Executed 1st Amendment to Lease 02-12-2008 .pdf
Fully Executed 2nd Amendment to Lease 08-15-2011.pdf
Xxxxx Xxxxx Lease Synopsis (LW) 6-27-13 rev.doc
Lakewood - Xxxxx Xxxxx 3rd Amendment07.01.2013.pdf
Lakewood - State Farm Insurance - Lease Synopsis - 07.01.2013.pdf
Lease Agreement 03-03-2005.pdf
Lease Agreement 12-11-2001.pdf
Tenant Acceptance Letter 01-02-2002.pdf
Tenant Acceptance of Document 07-21-2005.pdf
Tenant Acceptance of Document 12-18-2001 .pdf
Tenant Acceptance of Premises and Keys 12-13-2001.pdf
Tenant Estoppel Certificate 05-10-2007.pdf
1st Amendment to Lease Agreement 11-09-2010.pdf
2nd Amendment to Lease Agreement 12-17-2010.pdf
Lease Agreement 11-01-2010.pdf
Memorandum of Lease 11-01-2010.pdf
Fully Executed Lease Agreement 06-22-2011.pdf
Lease Synopsis 06-15-2011.doc
Suite 620 Exhibit A 06-06-2011.pdf
Subway - Fully Executed 1st Amendment to Lease 01-24-2013.pdf
Subway - Lease Agreement 07-24-2003.pdf
Subway - Memorandum of Lease 02-04-2004.pdf
Subway - Revised Post Execution Letter 08-07-2003.pdf
Subway Lease Renewal Synopsis 01-18-2013.doc
Tenant Acceptance Letter 11-15-2003.pdf
Tenant Acceptance of Document 09-10-2003.pdf
Tenant Acceptance Premises-Keys 08-13-2003.pdf
Sweet Frog Premium Frozen Yogurt - Fully Executed Commission Agreement 01-31-2012.pdf
Sweet Frog Premium Frozen Yogurt - Fully Executed Lease Agreement 01-26-2012.pdf
Sweet Repeats - 1st Amendment to Lease executed 04-19-2007.pdf
Sweet Repeats - 1st Amendment to Lease Letter 04-23-2007.pdf
Sweet Repeats - 2nd Amendment to Lease executed 6-22-10.pdf
Sweet Repeats - Amendment Modification Letter signed by Tenant 11-02-2010.pdf
Sweet Repeats - Assignment-Transfer-Lease Agreement 08-05-2002.pdf
Sweet Repeats - Fully Executed 3rd Amendment to Lease 02-22-2012.pdf
Sweet Repeats - Lease Renewal Synopsis 02-29-2012.pdf
Sweet Repeats - Tenant Acceptance Letter 08-01-2002.pdf
Sweet Repeats - Tenant Acceptance of Document 09-05-2002.pdf
Sweet Repeats - Tenant Acceptance of Premises and Keys 08-01-2002.pdf
Assignment and Assumption of Lease dated 8-15-2009.pdf
Lease Agreement dated 8-22-2005.pdf
Tenant Acceptance of Premises-Keys dated 8-29-2005.pdf
Amendment to Lease 11-30-10.pdf
Lakewood US Hearing Aid Centers Lease executed 9-17-07.pdf
Lease Expiration Letter 02-18-2011.pdf
LW Northland Hearing Amendment dated 4-10-13.pdf
LW US Hearing Aid Assignment and Assumption of Lease 11-30-2010.0f
Tenant Acceptance of Document 09-21-2007.pdf
Tenant Acceptance of Premises and Keys 09-17-2007.pdf
US Hearing Aid - Amendment to Lease with minor correction 05-07-2013.pdf
US Hearing Aid Centers Amendment to Lease 01-06-2012.pdf
3rd Amendment to Lease 07-31-2011.pdf
Agreement to Assign Equipment Lease 07-10-1992.pdf
Assignment and Assumption of Lease 12-20-1993.pdf
Assignment of Lease 03-21-2005.pdf
Assignment of Lease 04-14-2000.pdf
Assignment, Assumption and 1st Amendment to Lease 06-02-2006.pdf
Assignment, Assumption, and 2nd Amendment to Lease 10-03-2007.pdf
13111 of Sale 02-01-2005.pdf
Dept. of State - Name Change Certificate 12-27-2006.pdf
Dept. Of State - Registration Certificate - 07-27-2006.pdf
Landlord Waiver 07-21-1992.pdf
Landlord’s Consent 09-03-1992.pdf
Lease Agreement 02-06-1992.pdf
Lease Agreement 09-30-2002.pdf
Lease Modification Agreement 11-06-1992.pdf
LW - Washboard LEASE dated 9-30-2002.pdf
LW-Washboard 3rd Amendment to Lease 07-31-2011.pdf
LW-Washboard Assignment of Lease 03-21-2005.pdf
LW-Washboard Assignment, Assumption and 1st Amendment to Lease 06-02-2006.pdf
LW-Washboard Assignment, Assumption, and 2nd Amendment to Lease 10-03-2007.pdf
Tenant Acceptance of Document 03-29-2005.pdf
Trade Name Change Letter 03-27-2007.pdf
5th Amendment.pdf
Lakewood Xxxx Xxxxx First Amendment dated 12-17-75.pdf
Lakewood Xxxx Xxxxx Fourth Amendment dated 9-14-94.pdf
Lakewood Xxxx Xxxxx Lease executed 9-16-58.pdf
Lakewood Xxxx Xxxxx Second Amendment dated 2-6-76.pdf
Lakewood Xxxx Xxxxx Third Amendment dated 7-24-84.pdf
LW - Xxxx Xxxxx Estoppel .pdf
Lakewood - Wireless Wizard Lease Agreement 10.15.2013.pdf
Planet Cellular - Fully Executed Assignment and Assumption of Lease 07-12-2012.pdf
Planet Cellular - Fully Executed Lease Agreement 11-19-2010.pdf
Yes You Canvas - Fully Executed 1st Amendment to Lease 04-12-2012.pdf
Yes You Canvas - Guaranty of Lease 04-14-2009.pdf
Yes You Canvas - Lease Agreement 04-23-2009 and Cover Letter 04-24-2009.pdf
Yes You Canvas - Lease Renewal Synopsis 04-02-2012.doc
Yes You Canvas - Tenant Acceptance Letter 05-11-2009.pdf
1st Amendment to Lease 06-15-1994.pdf
Amendment to Lease 04-28-2011.pdf
Assignment of Lease 10-01-1998.pdf
Assignment-Assumption of Lease 04-28-2011.pdf
Assignment-Assumption-Amendment of Lease 02-09-2009.pdf
Assignment-Assumption-Amendment of Lease effective 03-16-2006.pdf
Assignment-Transfer of Lease 05-17-2002.pdf
Estoppel Certificate 05-2007pdf.pdf
Estoppel Certificate 07-19-1995.pdf
Guaranty 03-01-2011.pdf
Guaranty of Lease 08-09-1989.pdf
Lease Agreement 04-28-2005.pdf
Lease Agreement 06-13-2000.pdf
Lease Agreement 08-09-1989.pdf
Lease Renewal Notification 05-25-1999.pdf
Lease Term Information 09-10-1990.pdf
Official Notice - Street No. Assignment-Correction 01-02-1991.pdf
US Post Office
Lease Documents
Beechwood USPS Lease dated 5-17-05.pdf
BW USPS Right of Entry and Access Authorization letter dated 5-3-12.pdf
Willy’s Mexicana Grill No. 18
Lease Documents
Beachwood Willy’s Mexacana Grill Lease dated -4-07.pdf
Willy’s.pdf
Your Pie
Lease Documents
Beechwood Your Pie Lease dated 12-31-07.pdf
13W Your Pie Option Renewal letter dated 9-9-12.jpg
Your Pie.pdf
Anchor Realty Group
1st Amendment to Lease Agreement 12-12-2005.pdf
2nd Amendment to Lease Agreement 11-17-2006.pdf
3rd Amendment to Lease Agreement 06-22-2011.pdf
Exercising 2nd Extension Term 06-01-2008.pdf
Final Contractors Affidavit 06-06-2007.pdf
Fully Executed Lease Agreement 07-23-2004.pdf
Notice of Commencement 08-30-2006.pdf
Notice of Termination 06-06-2007.pdf
Notice of Termination 06-11-2007.pdf
Rite of Entry Agreement 10-17-2005.pdf
Tenant Acceptance of Premises and Keys 07-27-2004.pdf
Burnt Store Grille
Burnt Store Grille - 1st Amendment to Lease 12-29-2003.pdf
Burnt Store Grille - 2nd Amendment to Lease 08-29-2005.pdf
Burnt Store Grille - 3rd Amendment to Lease 08-01-2012 (2).pdf
Burnt Store Grille - 3rd Amendment to Lease 08-01-2012.pdf
Burnt Store Grille - Assignment-Transfer of Lease 04-26-2004.pdf
Burnt Store Grille - Assignment-Transfer of Lease 08-29-2005.pdf
Burnt Store Grille - Fully Executed Lease Agreement 02-12-2002.pdf
Burnt Store Grille - Lease Renewal Synopsis.pdf
Burnt Store Grille - Promissory Note 02-05-2002.pdf
Burnt Store Title and Escrow
Burnt Store Title - Lease Synopsis.doc
Burnt Store Title-Escrow - New Lease Agreement 10-01-2012.pdf
Coast Dental
2nd Extension and Modification of Lease dated 10-14-10.pdf
Burnt Store Coast Dental Assignment of Lease dated 10-28-97.pdf
Coast Dental Renewal Notice.pdf
Lease Agreement 10-07-2004.pdf
Dollar General
Dollar General - 1st Amendment to Lease 01-14-2000.pdf
Dollar General - 1st Renewal Letter 07-19-1996.pdf
Dollar General - 2nd Renewal Letter 06-27-2006.pdf
Dollar General - Estoppel Certificate 05-17-2007 and SNDA 05-18-2007.pdf
Dollar General - Estoppel Certificate 06-22-1994.pdf
Dollar General - Fully Executed Lease Agreement 02-15-1994.pdf
Dollar General - Lease Renewal Synopsis.doc
Dollar General - No. 2 Lease Modification Agreement 09-18-2002.pdf
Dollar General - No. 3 Lease Modification Agreement 01-12-2004.pdf
Dollar General - No. 4 Lease Modification Agreement 09-22-2009.pdf
Dollar General - No. 5 Lease Modification Agreement 10-18-2012.pdf
Dollar General - Store Construction Master Agreement 03-22-1993.pdf
Xxxxxx X. Xxxxx
Xxxxxx Xxxxx - 1st Amendment to Lease 11-17-2006.pdf
Xxxxxx Xxxxx - 2nd Amendment to Lease 08-25-2009.pdf
Xxxxxx Xxxxx - 3rd Amendment to Lease 09-12-2012.pdf
Xxxxxx Xxxxx - Fully Executed Lease Agreement 09-13-1999.pdf
Xxxxxx Xxxxx - Lease Renewal Synopsis.pdf
Xxxxxx Xxxxx - Letter Extending Term 04-22-2004.pdf
Xxxxxx Xxxxx - Letter from Corp - 2nd Amendment 09-15-2009 .pdf
Xxxxxx Xxxxx - Tenant Acceptance Letter 10-01-1999.pdf
First Choice Haircutters
First Choice Haircutters (Burnt Store) - Exercise Option-Lease Renewal 04-20-2004.pdf
First Choice Haircutters First Amendment to Lease executed 6-3-10.pdf
Lease Agreement 9-5-2000.pdf
GNC
1st Amendment to Lease 09-10-2008.pdf
2nd Amendment to Lease 10-04-2011.pdf
Lease Agreement 11-24-2003.pdf
Previous Lease
5 year Extension Email 09-21-1998.pdf
5 year Extension Letter 09-03-1998.pdf
Estoppel Certificate 06-20-1994.pdf
Lease Agreement 09-16-1993.pdf
Sublease 09-15-1998.pdf
Lease Documents
GNC - Fully Executed Lease Agreement 03-09-2012.pdf
GNC - Fully Executed SubLease 03-29-2012 .pdf
GNC - New Lease Synopsis.pdf
Let’s Vape
Lets Vape LLC - Guaranty - 07.01.2013.pdf
Lets Vape LLC Lease 07.01.2013.pdf
Lakewood - Lets Vape LLC - Guaranty - 07.01.2013.pdf
Lakewood - Lets Vape LLC Lease - 07.01.2013.pdf
Lovely Nails
Assignment and Assumption of Lease Agreement 11-29-2006.pdf
Lease Agreement 04-04-2001.pdf
Lovely Nails - Fully Executed 1st Amendment 05-11-2006.pdf
Lovely Nails - Fully Executed 3rd Amendment 06-03-2011.pdf
Lovely Nails - Fully Executed Assignment, Assumption of Lease and 2nd Amendment 07-09-2009.pdf
Previous Lease
Lease Agreement 03-20-1998.pdf
Publix Liquor Store LOl
Hunter’s Creek - Publix Super Markets - LOl - 06 26 2013.pdf
Publix
Burnt Store Publix First Amendment dated 11-30-04.pdf
Easement dated 6-5-08.pdf
Lease Agreement dated 2-7-1989.pdf
Pages from 02-16-2009 Publix Burnt Store lease.pdf
Shipping Post
The Shipping Post - 1st Amendment to Lease 12-03-2004.pdf
The Shipping Post - 2nd Amendment to Lease 11-03-2009.pdf
The Shipping Post - 3rd Amendment to Lease 08-22-2012.pdf
The Shipping Post - Assignment and Assumption including Guaranty 05-16-2007.pdf
The Shipping Post - Lease Agreement 12-07-1999.pdf
Subway
Burnt Store Subway First Amendment dated 8-1-93.pdf
Burnt Store Subway Second Amendment dated 9-29-98.pdf
Lease Agreement dated 12-28-1989.pdf
Subway (Burnt Store) - 4th Amendment Synopsis 03-25-2013.doc
Subway (Burnt Store) - 4th Amendment to Lease 04-02-2013.pdf
Subway (Burnt Store) - Exercising Lease Renewal Option Notice 03-27-2003.pdf
THIRD AMENDMENT dated 6-17-08.pdf
ASSIGNMENT and ASSUMPTION of Sublease dated 12-30-08.pdf
First Amendment 2-26-04.pdf
Ltr exercising option 9-11-09.pdf
Subway Lease.pdf
Travel Ease
3rd Amendment Cover Letter 03-12-2009.pdf
Previous Leases
Travel Ease - Estoppel Certificate 06-17-1994.pdf
Travel Ease - Old Lease Agreement 03-10-1999.pdf
Travel Ease - Old Lease Agreement 05-25-1993.pdf
Travel Ease - 1st Amendment to Lease 04-14-2004.pdf
Travel Ease - 2nd Amendment to Lease 05-18-2006.pdf
Travel Ease - 3rd Amendment to Lease 03-11-2009.pdf
Travel Ease - 4th Amendment to Lease 04-20-2012.pdf
Travel Ease - Fully Executed Lease Agreement 06-16-2003.pdf
American Buffet
Clay - American Buffet - Lease - 09.19.213.pdf
China Kitchen
China Kitchen - Fully Executed Lease Agreement 06-27-2012.pdf
China Kitchen - Lease Synopsis.pdf
Deng Alterations
Xxxx’x Alterations - Fully Executed 1st Amendment to Lease 11-26-2012.pdf
Xxxx’x Alterations - Fully Executed Lease Agreement 08-06-2009.pdf
Head Start Hair Care
Assignment and First Amendment dated 8-22-05.pdf
XX Xxxxx Fourth Amendment dated 10-24-13.pdf
Fully Executed 3rd Amendment to Lease 12-13-2011.pdf
Headstart Lease executed 6-21-04.pdf
Second Amendment dated 12-17-09.pdf
JH Diamonds
Xxxx - XX Diamond 1st Amendment to Lease 05.01.2013.pdf
Clay J and H Diamonds Lease executed 7-26-10.pdf
JH Diamonds (Clay) - 1st Amendment to Lease 05-01-2013.pdf
LEASE OUTLINE.pdf
Xxxxxxxx’x
XX Xxxxxxxx’x Pizza First Amendment signed 6-22-11.pdf
LEASE dated 1-2-08.pdf
Xxxx Xxxx’x Shoes
Abstract and Memo
Final Memo.pdf
Lease Outline (Final).pdf
Xxxx Xxxx Shoes - Lease Synopsis 03-19-2012.doc
Xxxx Xxxx Shoes - Amendment to Lease 03-27-2012.pdf
Xxxx Xxxx Shoes - Fully Executed Lease Agreement 05-27-2009.pdf
Publix No. 1069
Clay- Publix Transmittal Letter for First Amend to REA.pdf
Guaranty 1-17-03.pdf
Lease dated 1-17-03 OCR.pdf
Recorded MOL dated 1-17-03 OCR.pdf
Thumbs.db
Spirit Locker
lease outline (final).pdf
Spirit Locker - Assignment and Assumption of Lease 11-24-2010.pdf
Spirit Locker GUARANTY dated 9-29-09.pdf
Spirit Locker Lease dated 10-1-09.pdf
Super Nail
Assignment and Assumption of Lease 4-20-05.pdf
FIRST AMENDMENT dated 3-24-09.pdf
lease outline (final).pdf
Super Nail Lease.pdf
Thumbs.db
Trussville Health and Wellness
Trussville Health and Wellness Lease 11-10-06.pdf
TVI Trussville Health Wellness Option to Renew dated 8-25-10.pdf
Aisha Salon
Aisha Beauty Salon - 1st Amendment to Lease 05-17-2013.0f
Aisha Beauty Salon - Cancellation Letter for Lease and Guaranty 08-18-2010.pdf
Aisha Beauty Salon - Fully Executed Lease Agreement 08-25-2010.pdf
Aisha Beauty Salon - Guaranty 08-18-2010.pdf
Aisha Beauty Salon - Lease Agreement with Reduced Security Deposit 08-25-2010.pdf
Aisha Beauty Salon - Tenant Acceptance of Premises and Keys 08-25-2010.pdf
Thumbs.db
Anytime Fitness
Anytime Fitness (RC) - Guaranty 05-01-2013.pdf
Anytime Fitness (HC) - Lease Agreement 05-01-2013.pdf
Anytime Fitness (HC) - Lease Synopsis 04-12-2013.doc
Lease Documents
Bliss Nails and Spa
Bliss Nails and Spa - Lease Agreement 4-4-2010.pdf
Thumbs.db
Blockbuster Video
Block Buster - Fully Executed 1st Amendment to Lease 12-03-2009.pdf
Block Buster - Fully Executed 2nd Amendment to Lease 02-25-2011.pdf
Block Buster - Lease Agreement 12-13-1999.pdf
Block Buster - Lease Renewal Notice Letter 10-13-2004.pdf
Block Buster - Memorandum of Lease 12-13-1999.pdf
Block Buster - Request for Deadline Extension 02-11-2011.pdf
Block Buster - Tenant Acceptance of Premises and Keys 02-10-2000.pdf
Block Buster - Tenant Estoppel Certificate 06-01-2007.pdf
Block Buster - Tenant Estoppel Certificate 06-05-2007.pdf
Block Buster - Term Expiration Agreement 05-09-2000.pdf
Block Buster - Unconditional Acceptance of the Premises 02-14-2000.pdf
Block Buster - Unconditional Acceptance of the Premises 02-19-2000.pdf
Thumbs.xx
Xxxxxxxxxx Real Estate
Xxxxxxxxxx - Lease Agreement - Executed on 07-06-2010.pdf
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China King
Hunter’s Creek - China King - Lease - 09.04.2013.pdf
Cold As Ice
Cold as Ice - Fully Executed Guaranty 05-30-2012.pdf
Cold as Ice - Fully Executed Lease Agreement 06-11-2012.pdf
Cold As Ice Frozen Yogurt Lease Synopsis.doc
Thumbs.db
Dog-Eared Books
Dog Eared Books - Fully Executed Guaranty 03-24-2011.pdf
Dog Eared Books - Fully Executed Lease Agreement 04-18-2011.pdf
Thumbs.db
Xx. Xxxx-Xxxxxx Creek Dental Center
Xx. Xxxx - 1st Amendment dated 11-8-2002.pdf
Xx. Xxxx - 2nd Amendment to Lease 10-01-2007.pdf
Xx. Xxxx - Fully Executed Lease Agreement 04-08-1992.pdf
Xx. Xxxx - Fully Executed New Lease Agreement 08-20-2012.pdf
Xx. Xxxx - New Lease (Existing Tenant) Synopsis.pdf
khan-2-Model.pdf
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El Inka Grill
El Inka Grill - Fully Executed Lease Agreement 03-25-2011.pdf
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Eyedeaf Vision
Eye Deal Vision - 1st Amendment to Lease 02-25-1998.pdf
Eye Deal Vision - Fully Executed Estoppel Certificate 05-17-2007.pdf
Eye Deal Vision - Fully Executed Lease Agreement 05-06-1992.pdf
Eye Deal Vision - Lessees Certificate 08-31-1994.pdf
Eye Deal Vision - Tenant Renewal Request Letter 02-27-2002.pdf
Eye Deal Vision - Tenant Renewal Request Letter 05-16-2007.pdf
HC Eyedeaf Vision option renewal 4 15 13.pdf
Thumbs.db
Great Clips
Great Clips Lease Synopsis (HC) 5-8-13 rev.doc
HO Great Clips Lease dated 5-24-13.pdf
Hunter’s Creek - Great Clips Lease - 05.24.2013.pdf
Hallmark Cards
Ryan’s Hallmark - Amendment to Lease 02-25-2011.pdf
Ryan’s Hallmark - Estoppel Certificate 05-21-2007.pdf
Ryan’s Hallmark - Lease Abstract.pdf
Ryan’s Hallmark - Lease Agreement 08-04-1995.pdf
Ryan’s Hallmark - Option to Renew Letter 10-26-2005.pdf
Ryan’s Hallmark - Option to Renew Letter 11-21-2000.pdf
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HIG Insurance
(HC) HIG Renewal Document - Tenant executed.pdf
Fully executed Lease Agreement 6-1-2005.pdf
XX Xxxxxx Insurance Second Amendment dated 6-27-13.pdf
Xxxxxx - HIG Insurance - 1st Amendment to Lease 07-01-2010.pdf
Hunter’s Creek - Xxxxxx Insurance - 2nd Amendment to the Lease - 07.09.2013.pdf
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HR Block
H _ R Block - Fully Executed 1st Amendment to Lease 04-28-2005.pdf
H _ R Block - Fully Executed 3rd Amendment to Lease 04-19-2011.pdf
H_R Block - Assignment-Transfer of Lease 12-03-2003.pdf
H_R Block - Fully Executed 2nd Amendment to Lease 04-08-2008.pdf
H_R Block - Fully Executed Lease Agreement 11-25-1996.pdf
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Lease Documents
Lease Agreement 10-15-2009.pdf
Start Date Agreement 3-15-10.pdf
Hunter’s Creek Cleaners
Hunter’s Creek Cleaners-RAJ - 1st Amendment to Lease 09-01-2012.pdf
Hunters Creek Cleaners-RAJ - Fully Executed Lease Agreement 12-03-2009.pdf
Hunters Creek Cleaners-RAJ - Renewal Letter 08-11-2010.pdf
Hunters Creek Cleaners-RAJ - Right of Entry Agreement 08-07-2009.pdf
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Xxxxx Hulas
Hunters Creek - Xxxxx Hulas Restaurant - Lease - 07.24.2013.pdf
Xxxxx Hula’s Lease - partial execution.pdf
KeKe’s Breakfast Cafe’
KeKe’s Breakfast Cafe’ - Lease Agreement 11-11-2011 (2).pdf
Thumbs.db
Montessori Way School
Montessori Way School - Fully Executed Commission Agreement 12-17-2010.pdf
Montessori Way School - Fully Executed Lease Agreement 12-17-2010.pdf
Montessori Way School - Guaranty 12-03-2010.pdf
Montessori Way School - Tenant Acceptance of Premises and Keys 02-23-2011.pdf
Thumbs.db
Music N’ More
103C 2-20-12.pdf
Music and More - Fully Executed Lease Agreement 03-09-2012.pdf
Music and More - Lease Synopsis 02-29-2012.pdf
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Pizza Hut
Pizza Hut - 1st Option to Renew 07-01-1998.pdf
Pizza Hut - 2nd Option to Renew 08-06-2001.pdf
Pizza Hut - 3rd Option to Renew 07-28-2004.pdf
Pizza Hut - Estoppel Certificate 05-30-2007.pdf
Pizza Hut - Fully Executed 1st Amendment to Lease dated 4-10-2006.pdf
Pizza Hut - Fully Executed 2nd Amendment to Lease 10-24-2012.pdf
Pizza Hut - Fully Executed Amendment to Lease 03-15-1994.pdf
Pizza Hut - Fully Executed Lease Agreement 10-01-1993.pdf
Pizza Hut - Lease Assignment-Assumption of Lease 11-25-2009.pdf
Pizza Hut - Lessees Certificate of Estoppel 09-08-1994.pdf
Pizza Hut - Lessor’s Certificate of Estoppel 10-6-2009.pdf
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Lease Documents
Lease Documents
Certificate of Estoppel and Consent to Assignment 11-08-2010.pdf
Lease Documents
Lease Documents
Fully Executed Lease Agreement 05-02-2008.pdf
Publix - 427
Publix No. 0427 - 1st Addendum to Lease 11-14-1990.pdf
Publix No. 0427 - 2nd Addendum to Lease 08-09-1991.pdf
Publix No. 0427 - 3rd Addendum to Lease 02-21-1992.pdf
Publix No. 0427 - 4th Addendum to Lease 10-01-1992.pdf
Publix No. 0427 - 5th Addendum to Lease 03-18-1994.pdf
Publix No. 0427 - Direct Pay Permit for Real Property Lease 07-01-2002.pdf
Publix No. 0427 - Direct Payment Authority Certificate 11-17-1992.pdf
Publix No. 0427 - Exercise Option to Renew Lease 02-07-2012.pdf
Publix No. 0427 - Lease Abstract.pdf
Publix No. 0427 - Lease Agreement 11-07-1990.pdf
Publix No. 0427 - Memorandum of Lease 11-07-1990.pdf
Publix No. 0427 - Reciprocal Easement Agreement 11-08-1990.pdf
Publix No. 0427 - SNDA 09-30-1994.pdf
Publix No. 0427 - Tenant Estoppel Certificate 10-14-1996.pdf
Publix No. 0427 - Tenant Estoppel Certificate and SNDA 05-24-2007.pdf
Publix No. 427 (HC) - Exhibit A-2 of 3rd Addendum 02-21-1992.pdf
Publix No. 427 (HC) - Exhibit B of Lease Agreement 11-07-1990.pdf
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Purple Pooch Bakery Boutique
HC Exhibit A for suite 105 with hatched lines 9-14-10.pdf
Purple Pooch Bakery Boutique - Fully Executed Lease Agreement 10-04-2011.pdf
Purple Pooch Bakery Boutique - Guaranty 09-20-2011.pdf
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Radio Shack - 01-9843
Radio Shack - Fully Executed Lease Agreement 08-22-1995.pdf
Radio Shack - Fully Executed Lease Extension Agreement 11-12-10.pdf
Radio Shack - Fully executed Lease Extension Agreement 12-02-2011 .pdf
Radio Shack - Letter Agreement 12-14-2011.pdf
Radio Shack - Renewal Letter from Tenant 09-28-2000.pdf
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Renaissance Charter School (HC)
Charter School Outlined Area effective---- 8-1-2013.pdf
LETTER_20130605_16090015912.pdf
Renaissance - Fully Executed Ground Lease 03-22-2013.pdf
Renaissance Executed Right of Entry-Indemnification Agreement 11-30-2012.pdf
Renaissance Fully Executed 1st Amendment to Lease 03-22-2013.pdf
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Scrapbook Parlour
Scrapbook Parlour - 1st Amendment to Lease Agreement 09-09-2010.pdf
Scrapbook Parlour - Fully Executed Lease Agreement 04-30-2007.pdf
Scrapbook Parlour - Tenant Acceptance of Premises and Keys 05-02-2007.pdf
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Subway - 16256
Subway No. 16256 - 1st Amendment to Lease Agreement 10-01-2000.pdf
Xxxxxx Xx. 00000 - 0xx Xxxxxxxxx to Lease Agreement 09-29-2010.pdf
Subway No. 16256 - Lease Agreement 09-01-1995.pdf
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Xxxx Xxxxx
Xxxx Xxxxx - 1st Assignment-Assumption and Amendment of Lease 08-05-2005.pdf
Xxxx Xxxxx - 2nd Assignment-Assumption of Lease 11-17-2006.pdf
Xxxx Xxxxx - 3rd Assignment-Assumption and Amendment of Lease 07-08-2009.pdf
Xxxx Xxxxx - 4th Assignment-Assumption of Lease 10-13-2009.pdf
Xxxx Xxxxx - Amendment Lease Synopsis.pdf
Xxxx Xxxxx - Fully Executed Amendment to Lease 08-20-2012.pdf
Xxxx Xxxxx - Fully Executed Lease Agreement 09-15-1995.pdf
Xxxx Xxxxx - Fully Executed Tenant Estoppel Certificate 05-18-2007.pdf
Xxx Xxxxxx Loft - 1344
Lease Documents
Kingwood Xxx Xxxxxx Loft Estopple dated 3-18-04.pdf
Kingwood Xxx Xxxxxx Loft First Amendment dated 10-29-10.pdf
Kingwood Xxx Xxxxxx Loft Lease executed 12-31-02.pdf
KW Xxx Xxxxxx.pdf
Xxxxxxxx’x - 9415
Lease Documents
(KC) Carrabba’s Option to Renew Letter 03-11-2013.pdf
Kingwood Carraba’s Memorandum of Lease dated 5-9-03.pdf
Kingwood Carrabba’s Lease executed 5-12-03.pdf
Kingwood Carrabba’s SNDA dated 5-23-03.pdf
Chico’s - 445
Lease Documents
Chico’s (KC) - OPTION NOTICE LTR 04-17-2013.pdf
Kingwood Chico’s Estopple dated 3-3-04.pdf
Kingwood Chico’s First Amendment dated 2-13-03.pdf
Kingwood Chico’s Lease executed 12-31-02.pdf
Children’s Place - 1737
Lease Documents
Kingwood Children’s Place Estopple dated 3-17-04.pdf
Kingwood Children’s Place Lease executed 2-10-04.pdf
Claire’s Boutique No. 6102
Lease Documents
Claire’s - 1st Amendment to Lease 12-16-2003.pdf
Claire’s - 2nd Amendment to Lease 04-08-2009.pdf
Claire’s - 3rd Amendment to Lease 04-01-2012.pdf
Claire’s - Estoppel Certificate 04-05-2004.pdf
Claire’s - Existing Tenant Lease Outline (original).pdf
Claire’s - Fully Executed Lease Agreement 11-18-2003.pdf
Claire’s - Lease Renewal Synopsis.pdf
Cold Stone Creamery
Lease Documents
1st Amendment dated 1-26-04.pdf
Certificate of Corporation Resoiution.pdf
Guaranty of Lease.pdf
Kingwood Cold Stone Creamery Estopple dated 3-11-04.pdf
Kingwood Cold Stone Creamery Landlord Agreement dated 1-24-04.pdf
Lease dated 1-6-04.pdf
SECOND AMENDMENT dated 12-19-08.pdf
Sublease.pdf
Dickeys
Kingwood - Xxxxxx’x BBQ Pit - Lease - 09.11.2013.pdf
EB 5569 Gamestop, Inc
KC Gamestop Second Amendment scanned letter and dots 7-1-13.pdf
Kingwood - Gamestop - 2nd Amendment to the Lease - 07.09.2013.pdf
Lease Documents
Gamestop Fully Executed 1st Amendment to Lease 08-06-2009.pdf
Gamestop - Fully Executed Lease Agreement 12-01-2004.pdf
GNC - 8043
Lease Documents
KC GNC Second Amendment dated 3-12-12.pdf
Kingwood GNC First Amendment dated 5-30-06.pdf
Kingwood GNC Guaranty dated 7-29-01.pdf
Kingwood GNC Lease executed 7-9-01.pdf
SUBLEASE dated 8-29-07.pdf
Xxxxx Xxxxx
Lease Documents
Xxxxx Xxxxx (KC) - 1st Amendment to Lease 04-25-2013.pdf
Kingwood Xxxxx Xxxxx Craftsman Estopple dated 3-3-04.pdf
Kingwood Xxxxx Xxxxx Craftsman Lease executed 4-30-03.pdf
Xxx. A. Bank
Lease Documents
Xxx A Bank - 3rd Amendment to Lease 09-25-2012.pdf
Xxx X. Bank - 1st Amendment to Lease 04-02-2004.pdf
Xxx X. Bank - 2nd Amendment to Lease 12-19-2008.pdf
Xxx X. Bank - Fully Executed Lease Agreement 07-14-2003.pdf
Xxx X. Bank - SNDA 07-14-2003.pdf
Xxx. A. Bank - Estoppel Certificate 03-31-2004.pdf
Kingwood Nails
Lease Documents
Kingwood Nails - 1st Amendment to Lease 02-05-2013.pdf
Kingwood Nails - 1st Amendment to Lease 03-23-2004.pdf
Kingwood Nails - 2nd Amendment to Lease 01-02-2008.pdf
Kingwood Nails - Estoppel Certificate 03-22-2004.pdf
Kingwood Nails - Lease Agreement 10-03-2000.pdf
Kingwood Spine and Wellness
Lease Documents
Executed Lease 9-05-07.pdf
Kingwood TGF Salon
KC TGF Regis Corp Third Amendment dated 2-15-12.pdf
Kingwood TGF Salon Assignment and Assumption dated 2-15-05.pdf
Kingwood TGF Salon First Amendment dated 3-31-06.pdf
Kingwood TGF Salon Lease executed.pdf
SECOND AMENDMENT dated 11-17-09.pdf
TGF Salon-City Xxxxx-Style American - Fully Executed 3rd Amendment to Lease 01-05-2012.pdf
LeGlorvs Salon and Spa
Lease Documents
LeGlory’s Salon and Spa - 1st Amendment to Lease 02-07-2012.pdf
LeGlory’s Salon and Spa - Amendment Synopsis.pdf
LeGlory’s Salon and Spa - Fully Executed Lease Agreement 09-23-2011.pdf
Made Ya Smile
Lease Documents
KC Made Ya Smile Guaranty 10-10-2011.pdf
KC Made Ya Smile Lease 10-10-2011.pdf
Made Ya Smile - 1st Amendment to Lease 08-23-2012.pdf
Made Ya Smile - Mortgagee’s Landlord Subordination 08-23-2012.pdf
Massage Envy Spa
Lease Documents
Massage Envy - 1st Amendment 09-16-2009 Cover Letter.pdf
Massage Envy - 1st Amendment to Lease 08-22-2011.pdf
Massage Envy - 3rd Amendment to Lease 12-02-2012.pdf
Massage Envy - Assignment and Assumption of Lease 06-15-2007.pdf
Massage Envy - Assignment and Assumption of Lease 12-01-2012.pdf
Massage Envy - Guaranty 06-26-2006.pdf
Massage Envy - Lease Agreement 06-26-2006.pdf
Massage Envy - Lease Renewal Synopsis for 1st Amendment dated 08-22-2011.pdf
Massage Envy - Lease Transfer Request.pdf
Massage Envy - Lien Waiver - Cover Letter to Lender 10-05-2007.pdf
Massage Envy - Subordination of LL Lien signed only by LL 01-02-2013.0f
Mattress One
Kingwood - Mattress One Lease 10.23.2013.pdf
Mattress One Lease - Kingwood.pdf
Xxx Xxx Asian Diner No. 50
Lease Documents
KW - Xxx Xxx Exhibit I.pdf
Xxx Xxx Asian Diner - Estoppel Certificate 03-23-2004.pdf
Xxx Xxx Asian Diner - Fully Executed Lease Agreement 7-15-2003.pdf
Xxx Xxx Asian Diner - Guaranty to Lease 07-01-2003.pdf
Xxx Xxx Asian Diner - SNDA 07-24-2003.pdf
Xxx Xxx Asian Diner - Square Footage Letter 06-16-2004.pdf
Petco
(KC) Petco Synopsis FINAL.doc
Petco (KC) - Lease Agreement 04-30-2013.pdf
Potrait Innovations
Lease Documents
Kingwood Portrait Innovations Statement of Change 9-27-02.pdf
Portrait Innovations - Amendment to Lease 01-03-2012.pdf
Portrait Innovations - Fully Executed Lease Agreement 01-03-2012.pdf
Portrait Innovations - Retail Lease Summary,pdf
Portrait Innovations - Tenant Acceptance of Keys-Premises 06-27-2005.pdf
Rachael’s Hallmark
Lease Documents
Rachael’s Hallmark - Fully Executed 1st Amendment to Lease 10-06-2009.pdf
Rachael’s Hallmark - Fully Executed 2nd Amendment to Lease 04-27-2012.pdf
Rachael’s Hallmark - Fully Executed Lease Agreement 06-29-2004.pdf
Rachael’s Hallmark - Lease Outline 05-18-2004.pdf
Rachael’s Hallmark - Lease Renewal Synopsis.pdf
Rachael’s Hallmark - Summary of Basic Lease Provisions.pdf
Randalls
Lease Documents
Kingwood Xxxxxxx’x Assignment and Assumption of Lease dated 11-29-99.pdf
Kingwood Xxxxxxx’x Estopple dated 3-17-04.pdf
Kingwood Xxxxxxx’x Guaranty dated 11-29-99.pdf
Kingwood Xxxxxxx’x Lease executed 8-11-99.pdf
Kingwood Xxxxxxx’x Memorandum of Lease dated 8-1-99.pdf
Kingwood Xxxxxxx’x Ste of Lease Agreement dated 9-22-00.pdf
Xxxxxxx’x.pdf
Scottrade
Lease Documents
Fully Executed Lease dated 10-10-07.pdf
Lease Outline (Final).pdf
TENANT ACCEPTANCE LETTER dated 4-4-08.pdf
Soma Intimates
Lease Documents
Soma - Lease Agreement dated 2-13-13.pdf
Sprint - 123180 (CenturyLink-Embarq)
Lease Documents
Embarq - 1st Amendment to Lease 05-15-2009.pdf
KC Centurytink 2nd Amend 11-26-12.pdf
Sprint - Lease Agreement 04-02-2004.pdf
SPRINT-EMBARQ - Name Does 04-28-2006.pdf
Talbots
Lease Documents
First Amendment Dated 3-11-04.ocrpdtpdf
Kingwood - Talbots Renewal Notice 1-14-2013.pdf
Kingwood Talbots Estopple dated 3-9-04.pdf
Kingwood Talbots SNDA dated 1-27-03.pdf
Lease Dated 12-31-02.ocrpdf.pdf
lease outline (final).pdf
SECOND AMENDMENT dated 11-26-08.pdf
Verizon - Zoom Wireless
Lease Documents
Weight Watchers
KC Weight Watchers Start Date Agreement dated 4-25-13.pdf
Lease Documents
White House Black Market
Lease Documents
Zacherys Caiun Cafe
Lease Documents
Zounds
KC Zounds Lease dated 7-1-13.pdf
Kingwood - Zounds Hearing Aides - Lease - 07.09.2013.pdf
Zounds Hearing Aide synopsis.doc
Bamboo Express
Lease Documents
Best Alterations
Lease Documents
Book Nook
Lease Documents
Chase Bank
Lease Documents
Cliffs Xxxxxx Shop
Cliffs Barbershop - 2nd Amendment to Lease 06-13-2013.pdf
Lakewood - Cliffs Xxxxxx Shop - 2nd Amendment - 06.24.2013.pdf
Lease Documents
Community 1st Credit Union
Lease Documents
Cruiser’s Grill
Lease Documents
Dick’s Wines-Grill
Lease Documents
Doing Dishes
Lease Documents
ID13, Clean City
Lease Douments
12-31-07 Landlord Executed Waiver and Rider.pdf
ASSIGNMENT dated 8-21-07.pdf
FINAL Lease Outline.pdf
FIRST AMENDMENT dated 4-28-09 (2).pdf
Lakewood Dry Clean City Assignment and Transfer of Lease dated 5-3-04.pdf
Lease fully executed 1-7-2004.pdf
Florida Living Furniture
Lakewood - Florida Living Furniture License.pdf
Fusion Sushi
Lease Documents
Gene’s Seafood Restaurant
Lease Documents
Healthy Bagel
Lease Documents
Leo’s Pizza
Lease Documents
Lex Nails
Lease Documents
XX-Xxx Nails 2nd Amend pending.pdf
Xxxxx Xxxxxx Cosmetic Studios
Lease documents
Mob Bar-B-Que
Lease Documents
Nal!co and Spa
Lease Documents
Noura Cafe
Lease Documents
Pizza Hut - 4260
Lease Documents
Richardson Jewelry and Gifts
Lease Documents
Richardson’s Jewelry and Gifts - Fully Executed 2nd Amendment to Lease 01-02-2013.pdf
Richardson’s Jewelry and Gifts - Fully Executed Lease Agreement 06-28-2006.pdf
Richardson’s Jewelry Assignment, Assumption and Amendment to Lease 06-17-2008.pdf
San Jose Family Practice Center
Lease Documents
San Jose Family Healthcare - Fully Executed 4th Amendment to Lease 11-01-2012.pdf
Starbucks Coffee
Lease Documents
State Farm Insurance-Kathy Scott
Lease Documents
Stein Mart - 348
Lease Documents
Studio K Dance
Lease Documents
Subway - 30863
Lease Documents
Supercuts
LW Supercuts Lease dated 10-4-13.pdf
Supercuts Lease Lakewood.pdf
Sweet Frog
Lease Documents
Sweet Repeats
Lease Documents
Tiivana Flats - 150
Lease Documents
US Hearing Aid Center
Lease Documents
Washboard
Lease Documents
Winn Dixie - 190
Lease Documents
Wireless Wizard
Lease Documents
Yes You Canvas
Lease Documents
Your Stylist
Leasing Documents
Your Stylist - Fully Executed Lease Agreement 12-13-2012.pdf
Your Stylist - Lease Synopsis.doc
Bealls - 32
1st Amendment to Lease Agreement 04-23-1985.pdf
2nd Amendment to Lease Agreement 11-08-1999.pdf
2nd Amendment to Short Form Lease Agreement 11-08-1999.pdf
3rd Amendment to Lease Agreement 11-16-2010.pdf
Agreement 03-01-1984.pdf
Bealls (ND) - Lease Agreement 02-21-1984 (NEW).pdf
Cancellation of Option to Terminate the Lease Letter 11-05-2010.pdf
Guaranty 04-02-1984.pdf
Lease Agreement 02-21-1984.pdf
Northdale - Beall’s - 4th Amendment to Lease - 09.04.2013.pdf
Short Form Lease Agreement 02-21-1984.pdf
Tenant Estoppel Certificate 05-24-2007.pdf
Tenant Estoppel Certificate 07-28-1995.pdf
Beef 0’ Brady’s
1st Amendment to Lease 10-13-2005.pdf
1st Amendment to Lease Draft 01-27-1997.pdf
2nd Amendment to Lease 09-22-2010.pdf
Amendment to Temporary Lease Agreement 09-08-2000.pdf
Assignment - Transfer of Lease 07-01-1996,pdf
Beef 0 Brady Schedule A-2.pdf
Correct Address Correspondence Letter 10-17-2000.pdf
Estoppel Certificate 07-24-1995.pdf
Hold Harmless Agreement 10-03-1997.pdf
Lease Agreement 04-22-1994.pdf
Lease Agreement 09-08-2000.pdf
Lease Agreement 11-14-1991.pdf
Temporary Lease Agreement 09-08-2000.pdf
Carrollwood Nail Salon
Carrollwood Nail Salon - 1st Amendment to Lease 10-13-2009.pdf
Carrollwood Nail Salon - 2nd Amendment to Lease 08-23-2012.pdf
Carrollwood Nail Salon - Assignment-Transfer of Lease 04-25-2001.pdf
Carrollwood Nail Salon - Fully Executed Lease Agreement 10-27-2004.pdf
Carrollwood Nail Salon - Lease outline (original) 09-29-2009.pdf
Carrollwood Nail Salon - Lease Renewal Synopsis (2nd Amendment).pdf
Chivoda Studios
ChiYoga Studios - Fully Executed Guaranty 06-13-2012.pdf
ChiYoga Studios - Fully Executed Lease Agreement 06-27-2012.pdf
ChiYoga Studios - Lease Synopsis 06-18-2012.pdf
ND Suite 3845 05-07-2012.pdf
Northdale Court Exclusive Exhibit 05-30-2012.pdf
Site Plan (Exhibit A) 05-07-2012.pdf
Cripsers
Correction of Exhibit B-2 (Electrcity Section) 09-27-2001.v:1f
Crispers - Assignment and Assumption of Lease Agreement 07-30-2011.pdf
Crispers - Letter Agreement-Correction of Exhibit B-2 (Electricity Section) 09-27-2001.pdf
Crispers Landlord Estoppel Certificate (ND) - 05-11-2011.pdf
Crispers Lease Agreement dated 8-31-2001.pdf
ND - Landlord’s Estoppel Certificate 05-11-2011.pdf
ND Crispers Amendment dated 10-13-11.pdf
ND-Crispers Estoppel 5-23-2007.pdf
ND-Crispers Non Renewal 12-23-2010.pdf
Crunch Fitness
Crunch exh A.pdf
Crunch Fitness - 1st Amendment to Lease 03-07-2013.pdf
Crunch Fitness - Fully Executed Guaranty 12-03-2012.pdf
Crunch Fitness - Fully Executed Lease Agreement 12-13-2012.pdf
Crunch Fitness Lease Synopsis kau.doc
CrunchCarrollwoodFirstAmd kau (3).pdf
from pw- Tenant Comments to Initial Lease Draft Memo to BKJ.docx
ND Suite 800 11-9-12.pdf
Northdale - Crunch Fitness Irrevocable Letter of Credit 03 07 2013.pdf
Genghis Grill
Genghis Grill - Fully Executed Lease Agreement 04-05-2012.pdf
Genghis Grill - Guaranty 04-05-2012.pdf
Genghis Grill - Lease Synopsis 04-11-2012.pdf
Genghis Grill - Tenant Acceptance of Premises-Keys 05-08-2012.pdf
LaVida Massage
Agreement Letter for HVAC.pdf
LaVida Massage - Guaranty 06-10-2010.pdf
LaVida Massage - Lease Agreement dated 6-10-2010 executed 6-21-2010.pdf
Malik Touch Cleaners
Majik Touch Cleaners - 1st Amendment to Lease 03-16-2012.pdf
Majik Touch Cleaners - 1st Amendment to Lease 04-05-2012.pdf
Majik Touch Cleaners - Addendum to Landlord’s Subordination and Consent 09-07-2002.pdf
Majik Touch Cleaners - Estoppel Certificate 05-11-2007.pdf
Majik Touch Cleaners - Fully Executed Lease Agreement 09-06-2002.pdf
Majik Touch Cleaners - Landlord’s Subordination and Consent 09-06-2002.pdf
Majik Touch Cleaners - Lease Renewal Synopsis.pdf
Majik Touch Cleaners Synopsis.doc
Northdale Barber Shop
1st Amendment to Lease 07-26-10.pdf
Lease Agreement 09-29-08.pdf
Signed letter re insurance 12-14-09.pdf
Nutrishop
Durakovic NutriShop Comp LL 10 8 v to T 9 16 v (DRAFT).docx
Once Upon A Child
Once Upon A Child - 1st Amendment to Lease 10-02-2012.pdf
Once Upon A Child - Lease Agreement 04-19-2007.pdf
Once Upon A Child - Lease Renewal Synopsis.doc
Once Upon A Child - Tenant Acceptance of Premises-Keys 04-26-2007.pdf
Pandora Salon
Guaranty 08-12-2010.pdf
Polished SalonFully Executed Lease Agreement 08-27-10.pdf
Prudential Tropical Realty
2d Amendment Letter 10-28-2008.pdf
3rd Amendment Letter 03-25-2009.pdf
Fully Executed 1st Amendment to Lease 01-07-2004.pdf
Fully Executed 2nd Amendment to Lease 10-28-2008.pdf
Fully Executed 3rd Amendment to Lease 03-25-2009.pdf
Fully Executed 4th Amendment to Lease 01-06-2012.pdf
Fully Executed Estoppel Certificate 05-12-2007.pdf
Fully Executed Lease Agreement 10-06-1999.pdf
Landlord’s Waiver and Consent 03-03-2000.pdf
lease outline (original) 9-08.pdf
Residential Roofing
Fully Executed Lease Agreement 06-17-2011.pdf
Guaranty - 06-06-2011.pdf
Lease Synopsis.pdf
She Money Jewelry and Loan
She Money Jewelry and Loan - Fully Executed Lease Agreement 01-12-2012.pdf
Smoothie Kinq
Fully Executed 2nd Amendment to Lease 10-19-2010.pdf
Lease Agreement dated 5-3-2000.pdf
ND Smoothie King Lease Renewal Synopsis 10-8-10 rev 10-13-10.pdf
Northdale Smoothie King First Amendment dated 6-8-05.pdf
SPOli Clip
Northdale - Blueclip LLC Lease 05.17.2013.0f
Subway - 4595
Lease Agreement executed 1-7-02.pdf
Northdale Subway Memorandum of Lease dated 6-11-02.pdf
Notice Letter exercising option to renew Lease 08-04-2010.pdf
Sushi Haru
Lease Outline (1st Amendment to Lease),pdf
Sushi Haru - 1st Amendment to Lease 07-25-2006.pdf
Sushi Haru - 2nd Amendment to Lease 08-31-2010.pdf
Sushi Haru - Assignment and Assumption of Lease 03-05-2007.pdf
Sushi Haru - Assignment and Assumption of Lease 09-01-2010.pdf
Sushi Haru - Assignment-Transfer of Lease 07-06-2004.pdf
Sushi Haru - Assignment-Transfer of Lease 11-21-2001.pdf
Sushi Haru - Lease Agreement 04-04-2001.pdf
Sushi Haru - Tenant Estoppel Certificate 05-10-2007.pdf
Sweetbay Supermarket
Northdale Declarations of Restrictions - REA.pdf
Tanya and Matt’s Ice Creamiest
Tanya and Matt’s Ice Creamiest - 2nd Amendment to Lease 07-11-2000.pdf
Tanya and Matt’s Ice Creamiest - Estoppel Certificate 07-19-1995.pdf
Tanya and Matt’s Ice Creamiest - Hold Harmless Agreement 07-18-2006.pdf
Tanya and Matt’s Ice Creamiest - Lease Agreement 11-22-1991.pdf
Tanya and Matt’s Ice Creamiest - Tenant Estoppel Certificate 06-24-2007.pdf
Tanya Ice Creamiest documents.pdf
TJ Maxx - 290
1st Amendment to Lease Agreement 05-23-1990.pdf
2nd Amendment to Lease Agreement 11-09-1999.pdf
3rd Amendment to Lease Agreement 10-08-2003.pdf
4th Amendment to Lease Agreement 08-2009.pdf
5th Amendment to Lease Agreement 12-12-2011.pdf
Extend Term of Lease Letter 07-14-2004.pdf
FedEx - Any Nat. Recognized Overnight Delivery Service Approval Letter 03-16-1994.pdf
Indemnification Agreement 04-04-1990.pdf
Lease Agreement 03-05-1984.pdf
Option to Extend Letter 03-16-1994.pdf
SNDA Agreement 05-30-2007.0f
TJ Max Exhibit A-2.pdf
TJ Maxx (ND) - Guarantee 03-05-1984.pdf
TJ Maxx (ND) Letter Agreement 07-10-1991.pdf
T-Mobile
ND T-Mobile Lease Synopsis 319 12 (2).doc
T-Mobile - Fully Executed Lease Agreement 03-26-2012.pdf
Uni-K-Wax
LEASE dated 6-16-08.pdf
Northdale - Uni K Wax Renewal Notice 7-31-2013.pdf
Tenant Acceptance of Premises 7-2-08.doc
Uni K Wax - Stipulation for Settlement,pdf
Wok On By
Lease Agreement Executed 3-31-2010.pdf
Letter to Wok on By Lease Changes 3-24-10.pdf
Allstate
Lease Documents
Allstate - Assignment and Assumption of Lease 05-01-2012.pdf
Allstate - Fully Executed Lease Agreement 05-20-2008 Allstate.pdf
Allstate - Lease Transfer Check 03-28-2012.pdf
Allstate - Security Deposit Check 04-12-2012.pdf
Allstate Remeasure - Portofino.pdf
Another Broken Ego
Lease Documents
PF Another Broken Egg Cafe Lease dated 8-17-11.pdf
Arthur Murray Dance Studio
Lease Documents
Arthur Murray Dance Studio - Keys-Premises 04-13-2007.pdf
Arthur Murray Dance Studio - Fully Executed Lease Agreement 02-16-2007.pdf
Arthur Murray Dance Studio - Lease Amendment-Renewal Synopsis.pdf
Portofino - Arthur Murray Dance Studio 1st Amendment 03.09.2012.pdf
ATT
Lease Documents
1st Amendment to Lease 05-03-2006.pdf
2nd Amendment to Lease 12-08-2010.pdf
Assignment and Assumption Agreement 02-13-2003.pdf
Lease Agreement 09-21-2000.pdf
Tenant Estoppel Letter 10-27-2004.pdf
Bath and Body Works - 10144
Lease Documents
Assignment dated 2-13-03 OCR.pdf
Bath and Body Works Executed Lease and 1st Amendment .pdf
Bill of Sale and Assignment - Portofino.pdf
Confirmation of Lease dated 1-2005.pdf
Corp name change docs for BBW.pdf
Fully executed 8-26-09.pdf
Lease dated 8-29-00 OCR.pdf
PF Bath and Body Works Renewal Letter dated 8-31-11.pdf
Portofino Bath and Body Works Agreement dated 12-4-03.pdf
Portofino Bath and Body Works First Amendment dated 5-18-06.pdf
BJ’s Restaurant
Lease Documents
BJ’s Portofino BJ’s Letter Agreement executed 5-18-10.pdf
PF BJ’s SNDA dated 7-27-10.pdf
Portofino BJ’s Lease executed 5-11-10 low res.pdf
Buca di Bet=
Lease Documents
EXERCISE 1ST OPTION 08-26-2010.pdf
PF Buca Di Beppo Amendment to Lease dated 6-12-00.pdf
PF Bum Di Beppo Assignment and Assumption of Lease dated 2-13-03.pdf
PF Buca Di Beppo Assignment and Assumption of Lease dated 7-3-00.pdf
PF Buca Di Beppo Lease dated 1-4-00.pdf
Buffalo Wild Wings
Lease Documents
BUFFALO WILD WINGS RENEWAL NOTICE 3 4 2011.pdf
PF Buffalo Wild Wings - 2nd Amendment to Lease 08-15-2001.pdf
PF Buffalo Wild Wings Amendment dated 7-13-01.pdf
PF Buffalo Wild Wings Assignment and Assumption of Lease dated 2-13-03.pdf
PF Buffalo Wild Wings Fifth Amendment dated 1-23-07.pdf
PF Buffalo Wild Wings Fourth Amendment dated 3-31-03.pdf
PF Buffalo Wild Wings Lease dated 5-13-01.pdf
PF Buffalo Wild Wings Third Amendment dated 12-17-02.pdf
Lease Documents
Lease Agreement 10-7-2004.pdf
T111 Buffalo Wild Wings Assignment 5-18-05.pdf
NI - Buffallo Wild Wings Pages 15a-19.pdf
NI Buffalo Wild Wings Landlord Subordination and Consent 4-05.pdf
Busy Body
Lease Documents
PF Busy Body First Amendment dated 4-2-13.pdf
PF Busy Body Lease dated 10-12-06.pdf
Portofino - Busy Body 1st Amendment to Lease 04.02.2013.pdf
Carter’s
Lease Documents
Carters Lease dated 4-16-09.pdf
Portofino Carter’s Confirmation of Lease Terms executed 6-28-10.pdf
Casual Male Biq-Tall - 9806
Lease Documents
Casual Male - 1st Amendment to Lease 10-18-2007.pdf
Casual Male - 2nd Amendment to the Lease - 07.09.2013.pdf
Casual Male - Acknowledgement of Delivery Date 05-16-2003.pdf
Casual Male - Final Lease Outline 09-2007.pdf
Casual Male - Fully Executed Guaranty 03-21-2003.pdf
Casual Male - Name Change Certificate from SOS.pdf
Casual Male - Option to Extend Letter 11-27-2012.pdf
Casual Male - Original Lease Outline 09-2007.pdf
Casual Male - Rent Commencement Agreement 05-16-2003.pdf
Casual Male - Secretary Certificate and Exhibit A.pdf
Casual Male - Tenant Estoppel Letter 12-14-2004.pdf
LEASE dated 3-24-03.pdf
Portofino-Casual Male 2nd Amendment PENDING 7-2013.pdf
Central Taco
Central Taco Lease - Portofino.pdf
Conn’s Appliance
Lease Documents
CONN’S APPLIANCE LEASE.pdf
CONN’S LANDLORD’S AGREEMENT SIGNED 10 1999.pdf
CONN’S LANDLORD’S AGREEMENT.pdf
CONN’S LETTER RE LEASE TERM.pdf
PF Conn’s Appliances Memorandum of Lease dated 10-31-99.pdf
Portofino Conn’s First Amendment executed 5-24-10.pdf
Dream Day Bridal
Lease Documents
FINAL Lease Outline.pdf
LEASE dated 1-11-08.pdf
PF Day Dream Bridal First Amendment dated 11-22-11.pdf
Dress Barn - 0000177
Lease Documents
Dress Barn 1st Amendment to Lease Agreement 09-16-2005.pdf
Dress Barn Assignment and Assumption 02-13-2003.pdf
Dress Barn Lease Agreement 10-28-1999.pdf
Option Notice-Right to Extend the Term of their Lease.pdf
Driegs Title
DriggsTitleLOl2.docx
DSW Shoe Warehouse 29142
Lease Documents
PF DSW Assignment and Assumption of Lease dated 1-8-01.pdf
PF DSW Assignment and Assumption of Lease dated 2-13-03.pdf
PF DSW First Amendment dated 2-1-11.pdf
PF DSW Lease dated 12-8-00.pdf
ErnbroidMe
Lease Documents
Amendment dated 9-25-08.pdf
Lease Executed.pdt
Rent Commencment Agmt (10-06-03).pdf
Famous Footwear
Lease Documents
1st Amendment to Lease dated 11-28-2005 .pdf
2nd Amendment to Lease dated 09-06-2011.pdf
Assignment and Assumption Agreement 02-13-2003.pdf
Lease Agreement 12-15-1999.pdf
Lease Commencement Agreement 06-12-2006.pdf
Letter Agreement 03-02-2000.pdf
SNDA 12-21-1999.pdf
Tenant Estoppel Certificate 11-10-2004.pdf
Herbert’s Specialty Meats
Lease Documents
HEBERT’S SPECIALITY MEATS RENEWAL LTR.pdf
Herberts Lease Agreement 10-15-2004.pdf
Houston Assoc. of Realtors
Lease Documents
PF Houston Assoc. of Realtors First Amendment dated 8-9-07.pdf
PF Houston Assoc. of Realtors Lease dated 8-02.pdf
Jenny Craig
Lease Documents
Jenny Craig - 1st Amendment to Lease 02-08-2013.pdf
Jenny Craig - Lease Agreement 09-06-2007.pdf
JP Children’s Boutique
Lease Documents
JP Childrens Boutique FIRST AMENDMENT dated 8-17-09.pdf
PF JP Children’s Boutique Lease dated 6-28-04.pdf
Justice for Girls
Lease Documents
PF Justice Lease dated 10-13-05.pdf
Katz Deli Express
Lease Documents
PF Katz Deli Lease dated 6-12-06.pdf
Lakeshore Learning Store
Lease Documents
LEASE dated 4-18-08 Lakeshore.pdf
PE Lakeshore Learning SNDA dated 5-28-08.pdf
Lifeway Christian Store
Lease Documents
Fully Executed 1st Amendment to Lease Agreement 04-20-2011.pdf
PF LifeWay Christian Store Assignment and Assumption dated 2-13-03.pdf
PF LifeWay Christian Store Lease dated 1-31-01.pdf
Portofino-Lifeway Chrstian Renewal Notice 11-10-2005.pdf
Men’s Warehouse
Lease Documents
Exhibits A - E of Lease Agreement 09-20-2000.pdf
Lease Agreement 09-20-2000.pdf
PF Men’s Warehouse Assignment and Assumption dated 2-13-03.pdf
Renewal Letter executed 12-01-2010.pdf
Michael’s
Lease Documents
PF Michael’s Assignment and Assumption of Lease dated 2-13-03.pdf
PF Michael’s Lease dated 7-26-99.pdf
PF Michael’s memorandum of Lease dated 7-26-99.pdf
PF Michael’s option to renew letter.pdf
Music and Arts Center
Lease Documents
PF Music and Arts Center Lease 8-10-06.pdf
Old Navy
Lease Documents
Old Navy - Assignment and Assumption of Lease 02-13-2003.pdf
Old Navy - Confidential Compromise Settlement Agreement 09-27-2012.pdf
Old Navy - Exercise Option and Change of Address 05-26-2010.pdf
Old Navy - Fully Executed 1st Amendment to Lease 09-27-2012.pdf
Old Navy - Fully Executed Lease Agreement 05-23-2000.pdf
Old Navy - Lease Commencement Agreement 12-20-2000.pdf
Old Navy - Tenant Estoppel Certificate 10-29-2004.pdf
Oshman’s Store - Sports Authority
Lease Documents
PF Sports Authority Assign and Assum of Lease 2-13-03.pdf
PF Sports Authority Lease dated 11-2-99.pdf
Portofino Sports Authority Letter Agreement 5-18-10.pdf
Pei Wei Asian Diner
Lease Documents
PF Pei Wei Asian Diner First Amendment dated 12-9-02.pdf
PF Pei Wei Asian Diner Lease dated 10-18-02.pdf
PF Pei Wei Asian Diner Release of Lien dated 9-14-07.pdf
Portofino-PeiWei Renewal Notice 9-4-2012.pdf
Petsmart
Lease Documents
Petsmart Fifth Amendment to Lease.pdf
Petsmart Lease.pdf
Petsmart Portofino Fifth Amendment to Lease.pdf
PF_Petsmart - 1st Amendment to Lease 06-21-2000.pdf
PF_Petsmart - 2nd Amendment to Lease 08-11-2000.pdf
PF-Petsmart - 3rd Amendment to Lease 12-22-2000.pdf
PF-Petsmart - 4th Amendment to Lease 07-26-2001.pdf
PF-Petsmart - 5th Amendment to Lease 07-27-2007.pdf
Portofino Petsmart Letter Agreement executed 6-4-10.pdf
Lease Documents
Petsmart Lease.pdf
TVII Petsmart Memorandum of Lease dated 3-14-04.pdf
Pie Town
Lease Documents
PF Pie Town Assignment and Assumption of Lease dated 2-13-03.pdf
PF Pie Town First Amendment dated 12-17-02.pdf
PF Pie Town Lease dated 6-25-01.pdf
PF Pie Town Second Amendment dated 1-1-04.pdf
PF Pie Town Third Amendment dated 2-16-06.pdf
Prudential Anderson Properties
Lease Documents
PF Prudential Anderson - Lease Agreement 09-14-2012.pdf
Prudential -Space Plan.pdf
Sally Beauty Supply
Lease Documents
PF SAlly Beauty Supply Assignment and Assumption dated 2-13-03.pdf
PF Sally Beauty Supply Lease dated 11-29-01.pdf
PF Sally Beauty Supply Renewal Letter dated 3-31-11.pdf
Lease Documents
LEASE dated 4-27-2000.pdf
TVI Sally’s Beauty Supply Agreement Setting Lease term dated 7-13-00.pdf
TV! Sally’s Beauty Supply First Amendment dated 7-24-09.pdf
Skyrokh Salon
Lease Documents
GUARANTY dated 9-12-08.pdf
Skyrokh SalonLEASE dated 9-12-08.pdf
Trudy’s Hallmark
Lease Documents
PF Hallmark Amendment dated 3-22-01.pdf
PF Hallmark Assignment and Assumption of Lease dated 2003.pdf
PF Hallmark First Amendment dated 10-16-01 .pdf
PF Hallmark Lease dated 5-1-00.pdf
PF Hallmark Second Amendment dated 8-14-06.pdf
PF Hallmark SNDA dated 9-18-00.pdf
PF Hallmark Third Amendment dated 12-1-11.pdf
Vitamin Shoppe
Lease Documents
Vitamin Shoppe - 1st Amendment to Lease 03-22-2013.pdf
Vitamin Shoppe - Exercise of First Renewal Option Letter 03-19-2013.0f
Vitamin Shoppe - Lease Agreement 06-30-2003.pdf
Vitamin Shoppe - Renewal Amendment Synopsis 03-14-2013.doc
Vitamin Shoppe - Tenant Estoppel Letter 10-27-2004.pdf
Warehouse Pool Supply
Lease Documents
PF Warehouse Pool Assignment and Assumption of Lease dated 2-13-03.pdf
Portofino Ram Chemical Amendment to Lease executed 7-19-10.pdf
Portofino Warehouse Pool Lease executed 9-14-99.pdf
Zates Diamond Store
Lease Documents
Commencement Date Agreement 10-01-2004.pdf
Lease Agreement 06-07-2004.pdf
License Agreement 10-26-2010.pdf
Tenant Estoppel Certificate 11-15-2004.pdf
Advance America Cash Advance
Lease Documents
Advance America - Cash Advance - 1st Amendment to Lease 04-11-2006.pdf
Advance America - Cash Advance - 2nd Amendment to Lease 07-25-2008.pdf
Advance America - Cash Advance - 3rd Amendment to Lease 01-31-2012.pdf
Advance America - Cash Advance - Entity Name Change 12-10-2012.pdf
Advance America - Cash Advance - Lease Agreement 09-22-2003.pdf
Advanced Weight Loss Clinic
Lease Doucuments
Lease Agreement dated 9-9-2010.pdf
Big Lots
Lease Documents
Big Lots - Fully Executed Lease Agreement 01-14-2012.pdf
Big Lots - Letter Agreement 04-30-2012.pdf
Chic-Fit-A
Lease Documents
TVI Chick-fit-a Amendment Concerning Insurnace Requirement dated 2-22-00.pdf
TVI Chick-fit-a Certified Resolution dated 2-11-00.pdf
TVI Chick-fit-a First Amendment dated 1-4-00.pdf
TVI Chick-fit-a Lease dated 11-22-99.pdf
TVI Chick-fil-a Owner’s Affidavit.pdf
TVI Chick-fit-a Second Amendment dated 4-20-00.pdf
TVI Chick-fil-a Short Form Lease dated 4-20-00.pdf
Costa’s Mediterranean-Bennigan’s
Lease Documents
Costa’s - Agreement 04-28-2006.pdf
Costa’s - Consent to Sublease 07-13-2006.0f
Costa’s - Lease Agreement 11-03-1999.pdf
Costa’s - Owner’s Declaration-Affidavit 06-07-2006.pdf
Costa’s - Subordination Agreement 05-03-2000.pdf
Costa’s Mediterranean - Guaranty 12-03-1999.pdf
WI-Costa’s Assign, Assump Amend 05-31-2006.pdf
Dollar Tree
Lease Documents
Dollar Tree - Lease Renewal Notice 10-10-2013.pdf
LEASE dated 5-15-09.pdf
Family Christian Stores No 403
Lease Documents
Family Christian Store - Lease 09-17-1999.pdf
Family Christian Stores - 1st Amendment Lease Synopsis.pdf
Family Christian Stores - 1st Amendment to Lease 03-26-2010.pdf
Family Christian Stores - 2nd Amendment to Lease 10-04-2011.pdf
Family Christian Stores - 3rd Amendment to Lease 06-01-2012.pdf
Hibbett Sports No. 243
Lease Documents
Hibbett Sports No. 243 Synopsis for 2nd Amendment to Lease.pdf
Hibbett Sports No. 243 1st Amendment to Lease 05-05-2010.pdf
Hibbett Sports No. 243 2nd Amendment to Lease 06-11-2012.pdf
Hibbett Sports No. 243 Fully Executed Lease Agreement 08-11-1999.pdf
Hibbett Sports No. 243 -Synopsis for 1st Amendment to Lease.pdf
Jackson Hewitt Tax Service
Lease Documents
1s1 Amendment to the Lease - 08.01.2013.pdf
Lease Agreement dated 11-6-07.pdf
TVI - SmartTaxFirstAmd Jackson Hewitt pending.doc
Lynn’s Hallmark
Lease Documents
LEASE dated 1-19-2000.pdf
TVI Hallmark Amendment dated 6-30-10.pdf
WI Hallmark First Amendment dated 2-27-06.pdf
TVI Hallmark Second Amendment dated 7-31-07.pdf
Marshalls of Massachusetts, Inc
Lease Documents
Marshalls No. 0767 - 1st Amendment to Lease 11-13-2009.pdf
Marshalls No. 0767 - 2nd Amendment to Lease 08-25-2010.pdf
Marshalls No. 0767 - 3rd Amendment to Lease 12-02-2011.pdf
Marshalls No. 0767 - Commencement Date Agreement 05-16-2012.pdf
Marshal’s No. 0767 - Fully Executed Lease Agreement 12-22-1998.pdf
Marshal’s No. 0767 - Memorandum of Lease 12-22-1998.pdf
Nail World 3
Lease Documents
Nail World 3 - Fully Executed Lease Agreement 12-02-2011.pdf
Palace Chinese Restaurant
Lease Documents
Palace Chinese Restaurant - Lease Agreement 01-12-2000.pdf
Palace Chinese Restaurant Amendment 12-2009.pdf
Planet Cellular
Lease Documents
LEASE dated 4-17-08.pdf
WI Planet Cellular First Amendment dated 7-24-09.pdf
Regal Cinemas
Lease Documents
TVI Regal Cinema First Amendment dated 1998.pdf
TVI Regal Cinema Lease dated 9-18-98.pdf
TVI Regal Cinema Memorandum of Lease dated 9-18-98.pdf
Supercuts No. 80339
Lease Documents
Supercuts - Exercising Option to Extend Term 12-13-2004.pdf
Supercuts - Lease Agreement 09-08-1999.pdf
WI Superculs Amendment dated 9-29-10.pdf
TVI Supercuts Assignment and Assumption of Lease dated 7-29-02.pdf
TVI Supercuts Landlord Waiver dated 4-11-00.pdf
US Armed Forces
Lease Documents
TVI US Armed Forces Lease dated 9-1-08.pdf
Waldin Jewelers
Lease Documents
LEASE dated 7-28-08.pdf
TVI ZarinaEntAmd -Waldin Jewelers - pending.doc
TVI Waldin Jewelers Guaranty dated 7-25-08.pdf
Wal-Mart
Lease Documents
LEASE 7-8-1998.pdf
TVI Walmart First Amendment dated 7-8-98.pdf
TVI Walmart Assignment and Assumption dated 9-25-07.pdf
TVI Walmart Devlopment Agreement dated 11-27-02.pdf
Agnew Jewelers
Lease Documents
Agnew Jewelers - Fully Executed 1st Amendment to Lease 12-10-2004.pdf
Agnew Jewelers - Fully Executed 2nd Amendment to Lease 08-31-2009.pdf
Agnew Jewelers - Fully Executed 3rd Amendment to Lease 06-11-2012.pdf
Agnew Jewelers - Fully Executed Lease Agreement 06-30-2004.pdf
Agnew Jewelers - Lease Renewal Synopsis.pdf
Agnew Jewelers - Tenant Acceptance Letter (Exihibit E) 08-2004.pdf
Book Rack
Lease Documents
Trussville II Bookrack Exhibit A Suite 203 8-17-10.pdf
Wit The Book Rack Lease dated 9-15-10.pdf
Catherine’s No.5411
Lease Documents
Catherine’s - Lease Agreement 01-26-2004.pdf
TVII Catherine’s First Amendment dated 5-7-09.pdf
Headstart No. 60208
Lease Documents
Head Start Notice to Vacate.pdf
Headstart - 1st Amendment and Assignment-Assumption of Lease 08-17-2005.pdf
Headstart - 2nd Amendment to Lease 05-05-2008.pdf
Headstart - 3rd Amendment to Lease 11-26-2012.pdf
Headstart - Fully Executed Lease Agreement 10-28-2003.pdf
Kohl’s
Lease Documents
Kohl’s and Sam’s ECR-Trussville II.pdf
Konomi Japanese Restaurant
Lease Documents
Knomi Japanese Restaurant Lease.pdf
Konomi Japanese Restaurant) - Amendment 01-12-2004.pdf
TVII Konomi Japanese Restaurant Guaranty Muk Tsing Yam dated 1-5-04.pdf
TVII Konomi Japanese Restaurant Power of Attorney.pdf
TVII Konomi Japanese Restaurant Second Amendment dated 8-14-08.pdf
Leslie’s Swimming Pool Supplies
Lease Documents
LEASE dated 1-3-08.pdf
Moe’s Southwest Grill
Lease Documents
LEASE dated 11-24-2003.pdf
TVII Moe’s Southwest Grill Assignment and Assumption 10-6-09.pdf
TVII Moe’s Southwest Grill Guaranty Mehendra Partel and Herman Vogel.pdf
TVII Moe’s Southwest Grill Guaranty Nikita Patel dated 5-30-06.pdf
Nail Studio
Lease Documents
Nail Studio Lease.pdf
Oasis Day Spa and Hair Salon
Lease Documents
Oasis Day Spa (TVII) - Tenant Notice to Vacate 05-21-2013.pdf
TVII Oasis Day Spa - 1st Amendment to Lease 01-02-2008.pdf
TVII Oasis Day Spa - 2nd Amendment to Lease 08-20-2012.pdf
TVII Oasis Day Spa - Fully Executed Lease Agreement 10-15-2004.pdf
Republic Finance
Trussville II - Republic Finance Lease 04.12.2013.pdf
Sam’s Club
Lease Documents
Kohl’s and Sam’s ECR-Trussville II.pdf
Sip N Strokes
Trussville II - Sip n Strokes - Lease - 09.30.2013.pdf
Sprint No. 1129
Lease Documents
Sprint No. 1129 - 1st Amendment to Lease 11-26-2008.pdf
Sprint No. 1129 - Fully Executed Lease Agreement 04-06-2004.pdf
Sprint No. 1129 - Notice to Exercise 2nd Extension.pdf
Trios Restaurant
Lease Documents
Trios Restaurant - Fully Executed Guaranty 06-25-2012.pdf
Trios Restaurant - Fully Executed Lease Agreement 07-19-2012.pdf
Van’s Alterations
Lease Documents
TVII Van’s Alterations Assignment and Assumption of Lease dated 6-6-07.pdf
Van’s Alterations Lease.pdf
Exhibit C
PROPERTY CONTRACTS SCHEDULE
(SEE ATTACHED)
PROPERTY |
|
SERVICE: |
|
VENDOR NAME |
BEECHWOOD |
|
FIRE ALARM MONITORING |
|
ATHENS CLARKE COUNTY FIRE DEPARTMENT |
BEECHWOOD |
|
PEST CONTROL |
|
AMERICAN PEST CONTROL |
BEECHWOOD |
|
PORTER/PRESSURE WASH |
|
SELECT STRATEGIES |
BEECHWOOD |
|
LANDSCAPE |
|
RUPPERT LANDSCAPE |
BEECHWOOD |
|
SWEEPER |
|
LOTS APPEAL |
BEECHWOOD |
|
TRASH REMOVAL |
|
ROLL OFF SYSTEMS |
BEECHWOOD |
|
ELEVATOR MAINTENANCE CONTRACT |
|
PREMIERE ELEVATOR |
BEECHWOOD |
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WATER-SEWER |
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ATHENS CLARKE COUNTY WATER |
BEECHWOOD |
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HVAC MAINTENANCE |
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EMCOR - AIRCOND |
BURNT STORE |
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RETENTION |
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LAKE DOCTORS- RETENTION POND MAINTENANCE |
BURNT STORE |
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FIRE ALARM MONITORING |
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LIFEGUARD SECURITY -FIRE PANEL MONITORING |
BURNT STORE |
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PEST CONTROL |
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PEST CONTROL- UNIQUE PEST CONTROL |
BURNT STORE |
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PORTER/PRESSURE WASH |
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PME- PORTER |
BURNT STORE |
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LANDSCAPE |
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PME- LANDSCAPING |
BURNT STORE |
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SWEEPER |
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PME- SWEEPER |
BURNT STORE |
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TRASH REMOVAL |
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CITY OF PUNTA GORDA |
BURNT STORE |
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SPRINKLER INSPECTIONS & |
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WIGINTON FIRE SYSTEMS & BACKFLOWS |
PROPERTY |
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SERVICE: |
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VENDOR NAME |
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BACKFLOW TESTING |
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BURNT STORE |
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WATER-SEWER |
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WATER & SEWER- CITY OF PUNTA GORDA- ACCOUNTS |
CLAY |
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DAY PORTER |
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MARTINEZ BUILDING SERVICES |
CLAY |
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LANDSCAPE |
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MARTINEZ BUILDING SERVICES |
CLAY |
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SWEEPER |
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MARTINEZ BUILDING SERVICES |
CLAY |
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SPRINKLER INSPECTIONS & BACKFLOW TESTING |
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TOTAL FIRE PROTECTION |
CLAY |
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WATER-SEWER |
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BIRMINGHAM WATER WORKS |
HUNTER’S CREEK |
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PEST CONTROL |
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PEST CONTROL- UNIQUE PEST CONTROL |
HUNTER’S CREEK |
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PORTER/PRESSURE WASH |
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ADVANCE FL PROPERTY MAINT & SUPPLY, LLC - PORTER |
HUNTER’S CREEK |
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LANDSCAPE |
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FAIRVIEW LANDSCAPING |
HUNTER’S CREEK |
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SWEEPER |
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CLEAN SWEEP |
HUNTER’S CREEK |
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MUSIC- COMMON AREAS |
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MUZAK -OA |
HUNTER’S CREEK |
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TRASH REMOVAL |
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WASTE SERVICES OF FLORIDA |
HUNTER’S CREEK |
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SPRINKLER INSPECTIONS & BACKFLOW TESTING |
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WIGINTON FIRE SYSTEMS & BACKFLOWS, FIRE PANELS & HYDRANTS |
HUNTER’S CREEK |
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WATER- SEWER |
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WATER & SEWER- ORANGE COUNTY UTILITIES ACCOUNTS |
KINGWOOD |
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PEST CONTROL |
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CYPRESS CREEK PEST CONTROL - LEE HUDSON |
KINGWOOD |
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MAINTENANCE STAFF |
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LINK STAFFING - |
PROPERTY |
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SERVICE: |
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VENDOR NAME |
KINGWOOD |
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LANDSCAPE |
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BRICKMAN |
KINGWOOD |
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SECURITY |
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TITAN SECURITY & INVESTIGATIONS SCOTT PASKE - PRESIDNET |
KINGWOOD |
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SEASONAL DÉCOR |
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ALWAYS IN SEASON |
KINGWOOD |
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PARKING LOT SERVICE - |
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CLEANING PLUS CUSTODIAL CONTRACTORS |
KINGWOOD |
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WASTE REMOVAL |
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WASTE MANAGEMENT |
KINGWOOD |
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FIRE PROTECTION |
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FIRE SAFE - MONITOR QUARTERLY |
KINGWOOD |
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FIRE PROTECTION |
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FIRE SAFE - ANNUAL INSPECTIONS |
LAKEWOOD |
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PEST CONTROL |
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PEST CONTROL- PEACHTREE |
LAKEWOOD |
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PORTER/PRESSURE WASH |
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PORTER-PRESSURE WASHING HORIZON PROPERTY SERVICES |
LAKEWOOD |
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LANDSCAPER |
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LANDSCAPER- IRRIGATION R&R LANDSCAPERS |
LAKEWOOD |
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SWEEPER |
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SWEEPING-KEELCO |
LAKEWOOD |
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TRASH REMOVAL |
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ADVANCE DISPOSAL |
LAKEWOOD |
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WATER-SEWER |
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WATER & SEWER- JEA |
LAKEWOOD |
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LIFT STATION |
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LIFT STATION - SIX THOUSAND ON THE RIVER |
NORTHDALE |
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PEST CONTROL |
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PEST CONTROL-UNIQUE |
NORTHDALE |
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PORTER- PRESSURE WASH |
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PORTER-PRESSURE WASHING HORIZON PROPERTY SERVICES |
NORTHDALE |
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LANDSCAPER & IRRIGATION |
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LANDSCAPER- IRRIGATION - HORIZON PROPERTY SERVICES |
NORTHDALE |
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MUZAK- COMMON |
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MUZAK -TROPICAL MUSIC |
PROPERTY |
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SERVICE: |
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VENDOR NAME |
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AREAS |
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SERVICES, INC. |
NORTHDALE |
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SWEEPER |
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SWEEPING-COUNTRYSIDE |
NORTHDALE |
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TRASH REMOVAL |
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REPUBLIC WASTE |
NORTHDALE |
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WATER- SEWER |
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WATER & SEWER- HILLSBOROUGH COUNTY |
NORTHDALE |
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RENTENTION POND |
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RENTENTION POND- LAKE DOCTORS |
NORTHDALE |
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FIRE PROTECTION |
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FIRE PROTECTION- WIGINTON- INSPECTIONS & CERTIFICATIONS |
NORTHDALE |
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FIRE MONITORING |
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ADT/TYCO- FIRE MONITORING & ANNUAL RECERTIFICATION |
PORTOFINO |
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ELEVATOR |
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SCHINDLER |
PORTOFINO |
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PEST CONTROL |
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CYPRESS CREEK PEST CONTROL - LEE HUDSON |
PORTOFINO |
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MAINTENANCE STAFF |
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LINK STAFFING - |
PORTOFINO |
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JANITORIAL - OFFICE BUILDING |
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COMMERCIAL RESIDENTIAL CLEAING - ANA RHODES |
PORTOFINO |
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LANDSCAPE |
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BRICKMAN |
PORTOFINO |
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SECURITY |
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TITAN SECURITY & INVESTIGATIONS |
PORTOFINO |
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SEASONAL DÉCOR |
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ALWAYS IN SEASON |
PORTOFINO |
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FOUNTAIN PUMPS |
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ALL PUMP |
PORTOFINO |
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LAKE AND CANALS |
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LONE STAR LAKE MANAGEMENT |
PORTOFINO |
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PARKING LOT SERVICE |
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CLEANING PLUS CUSTODIAL CONTRACTORS |
PROPERTY |
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SERVICE: |
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VENDOR NAME |
PORTOFINO |
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WASTE REMOVAL |
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WASTE MANAGEMENT |
PORTOFINO |
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FIRE PROTECTION |
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FIRE SAFE - MONITOR QUARTERLY |
PORTOFINO |
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FIRE PROTECTION |
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FIRE SAFE - ANNUAL INSPECTIONS |
TRUSSVILLE I |
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FIRE ALARM MONITORING |
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ADS SECURITY |
TRUSSVILLE I |
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DAY PORTER |
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MARTINEZ BUILDING SERVICES |
TRUSSVILLE I |
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LANDSCAPE |
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MARTINEZ BUILDING SERVICES |
TRUSSVILLE I |
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SWEEPER |
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MARTINEZ BUILDING SERVICES |
TRUSSVILLE I |
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TRASH REMOVAL |
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BRASK SERVICES |
TRUSSVILLE I |
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SPRINKLER INSPECTIONS & BACKFLOW TESTING |
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TOTAL FIRE PROTECTION |
TRUSSVILLE I |
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WATER-SEWER |
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TRUSSVILLE UTILITIES BOARD |
TRUSSVILLE II |
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FIRE ALARM MONITORING |
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ADS SECURITY |
TRUSSVILLE II |
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LANDSCAPE |
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MARTINEZ BUILDING SERVICES |
TRUSSVILLE II |
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SWEEPER |
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MARTINEZ BUILDING SERVICES |
TRUSSVILLE II |
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TRASH REMOVAL |
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BRASK SERVICES |
TRUSSVILLE II |
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SPRINKLER INSPECTIONS & BACKFLOW TESTING |
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TOTAL FIRE PROTECTION |
TRUSSVILLE II |
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WATER-SEWER |
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TRUSSVILLE UTILITIES |
Exhibit D-1
FORM OF AL DEED
This Instrument Was Prepared By: |
Send Tax Notice To: [ ] [ ] |
STATUTORY WARRANTY DEED
STATE OF ALABAMA |
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COUNTY OF |
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THIS IS A STATUTORY WARRANTY DEED executed and delivered this day of , 201 , by , a Delaware limited liability company (hereinafter referred to as the “Grantor”), to , a (hereinafter referred to as the “Grantee”).
KNOW ALL PERSONS BY THESE PRESENTS: That in consideration of the sum of and 00/100 Dollars and ($ .00) in hand paid by Grantee to Grantor and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by Grantor, Grantor does by these presents grant, bargain, sell and convey unto Grantee that certain real property situated in County, Alabama, as more particularly described on Exhibit A attached hereto and incorporated herein (the “Property”);
TOGETHER WITH all appurtenances thereto belonging or in anywise appertaining and all right, title and interest of Grantor in and to all roads, alleys and ways bounding the Property. This conveyance is subject to those matters set forth below.
TO HAVE AND TO HOLD to the Grantee, its successors and assigns forever. Grantor does for itself, its successors and assigns, covenant with Grantee, its successors and assigns, that Grantor, and its successors and assigns, shall warrant and defend the same to Grantee, its successors and assigns, forever, against the lawful claims (unless otherwise noted above) of all persons claiming by, through, or under Grantor, but not further or otherwise.
The Property is conveyed to the Grantee subject to the following:
1. [Any lien or charge for general or special taxes or assessments not yet due and payable.
2. Mineral, mining, oil and gas and related rights and privileges not owned by the Grantor, if any.
3. Encroachments, overlaps, boundary line disputes and other matters that would be revealed by an accurate survey or inspection of the Property.
4. Riparian and littoral rights of third parties, if any, and any right, title or interest of the State of Alabama with respect to any stream on the Property, if any.
5. Rights of third parties, including the public at large, with respect to any portion of the Property located in a public right of way, if any.
6. Easements, covenants, reservations, conditions, restrictions, rights of way and other matters of record.
7. Utility easements and facilities serving the Property, whether of record or not.]
Pursuant to the provisions of Ala. Code § 40-22-1 (1975), the following information is offered in lieu of submitting Form RT-1:
Grantor’s Name and Mailing Address: |
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Grantee’s Name and Mailing Address: | |
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c/o Och-Ziff Real Estate |
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9 West 57th Street, 39th Floor |
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New York, NY 10019 |
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Attention: Steven E. Orbuch |
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Property Address: |
[ ] |
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Purchase Price: |
$[ ].00 |
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(Signature Page Follows)
IN WITNESS WHEREOF, Grantor has hereunto caused this conveyance to be executed effective as of , 201 .
GRANTOR:
[ ]
STATE OF |
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COUNTY OF |
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I, , a Notary Public in and for said County in said State, hereby certify that , whose name as of [ ], a Delaware limited liability company, is signed to the foregoing instrument, and who is known to me, acknowledged before me on this day that, being informed of the contents of the instrument, he, as such officer and with full authority, executed the same voluntarily for and as the act of said limited liability company.
Given under my hand this day of , 201 .
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Notary Public | |
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[Notarial Seal] |
My Commission expires: |
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EXHIBIT A
(Legal Description)
Exhibit D-2
FORM OF FL DEED
This instrument prepared by, and after recording return to: |
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Name: |
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Address: |
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(Space reserved for Clerk of Court) |
PARCEL IDENTIFICATION NO.:
SPECIAL WARRANTY DEED
THIS SPECIAL WARRANTY DEED is made and entered into as of the day of , 201 by , a Delaware limited liability company, Grantor, whose mailing address is c/o Och-Ziff Real Estate, 9 West 57th Street, 39th Floor, New York, NY, 10019, to , a , Grantee, whose mailing address is . Wherever used herein, the terms “Grantor” and “Grantee” shall include all of the parties to this instrument and their respective successors and assigns.
W I T N E S S E T H:
GRANTOR, for and in consideration of Ten and No/100 Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, has granted, bargained and sold, and by these presents does hereby grant, bargain and sell to Grantee, the following described land situate and being in [ ] County, Florida (the “Property”):
SEE EXHIBIT A ATTACHED HERETO
TOGETHER WITH all the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining to the Property.
THIS CONVEYANCE is subject to: (a) taxes and assessments for the year 201 and all subsequent years; (b) Permitted Encumbrances as set forth on Exhibit B attached hereto and
(c) conditions, restrictions, limitations, matters, covenants, agreements and easements of record, if any, but this reference shall not operate to reimpose same.
TO HAVE and to hold the same in fee simple forever.
GRANTOR hereby covenants with Grantee that it is lawfully seized of the Property in fee simple, that it has good right and lawful authority to sell and convey the Property, that it hereby specially warrants the title to the Property and will defend the same against the lawful claims of all persons claiming by, through or under Grantor, but no others.
(Signature Page Follows)
IN WITNESS WHEREOF, Grantor has hereunto set its hand and seal as of the day and year first above written.
Signed and delivered |
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In the presence of: |
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[ ] | |||
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By: |
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Print Name: |
Name: | |||
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Title: | |||
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Print Name: |
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STATE OF |
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COUNTY OF |
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The foregoing instrument was acknowledged before me this day of , 201 by , as of [ ], a Delaware limited liability company, on behalf of said entities. He / she is personally known to me or produced as identification.
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Name: |
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Notary Public, State of |
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[NOTARIAL SEAL] |
My Commission Expires: |
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EXHIBIT A
(Legal Description)
EXHIBIT B
(Permitted Encumbrances)
1. [Insert list of Permitted Exceptions from Section 2.4 of Contract]
Exhibit D-3
FORM OF GA DEED
PREPARED BY AND UPON RECORDATION
RETURN TO:
[ ]
STATE OF GEORGIA
COUNTY OF
LIMITED WARRANTY DEED
THIS INDENTURE, made the day of , 201 , between [ ] a Delaware limited liability company, as party of the first part (hereinafter referred to as “Grantor”), and [ ] a [ ], as party of the second part (hereinafter referred to as “Grantee”) (the words “Grantor” and “Grantee” to include their respective heirs, successors and assigns where the context requires or permits).
WITNESSETH that: Grantor, for and in consideration of Ten and No/100 Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of whereof is hereby acknowledged, has granted, bargained, sold, aliened, conveyed and confirmed, and by these presents does grant, bargain, sell, alien, convey and confirm unto the said Grantee, all that tract or parcel of land lying and being in [ ] County, Georgia, being more particularly described in Exhibit A attached hereto and incorporated herein by this reference.
This Deed is subject to all matters of record and those items set forth on Exhibit B attached hereto, if any.
TO HAVE AND TO HOLD the said tract or parcel of land, with all and singular the rights, members and appurtenances thereof, to the same being, belonging, or in anywise appertaining, to the only proper use, benefit and behoof of the said Grantee forever in FEE SIMPLE.
AND THE SAID Grantor will warrant and forever defend the right and title to the above described property unto the said Grantee against the claims of all persons holding under, by, or through Grantor, but not otherwise.
(Signature Page Follows)
IN WITNESS WHEREOF, the Grantor has signed and sealed this Deed as of the day and year above written.
Signed, sealed and delivered in the presence of: |
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GRANTOR: |
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[ ] |
Witness |
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Notary Public |
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[NOTARIAL SEAL] |
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Commission Expiration Date: |
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EXHIBIT A
(Legal Description)
EXHIBIT B
(Permitted Encumbrances)
2. [Insert list of Permitted Exceptions from Section 2.4 of Contract]
Exhibit D-4
FORM OF TX DEED
SPECIAL WARRANTY DEED
THE STATE OF |
§ |
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§ |
COUNTY OF |
§ |
[ ], a Delaware limited liability company (“Grantor”), for and in consideration of Ten and No/100 Dollars ($10.00) and other good and valuable consideration, the sufficiency of which is hereby acknowledged and confessed, has GRANTED and CONVEYED, and by these presents does GRANT and CONVEY unto [ ], a [ ] (“Grantee”), its legal representatives, successors and assigns forever, all those certain lots, tracts or parcels of land in [ ] County, Texas, more particularly described on Exhibit A attached hereto and incorporated herein by this reference for all purposes, together with all the improvements, structures and fixtures situated thereon, and all appurtenances, rights and privileges thereunto attached or in anywise belonging (the “Property”); EXCEPT THAT, this conveyance is expressly made subject to the Permitted Exceptions described in Exhibit B hereto, to the extent the same are validly existing and applicable to the Property (the “Permitted Encumbrances”).
TO HAVE AND TO HOLD the Property unto GRANTEE, its successors and assigns forever, and GRANTOR does hereby bind itself, its successors and assigns to forever warrant and defend said premises unto GRANTEE, its successors and assigns, against the lawful claims of any person now claiming or to claim the same or any part thereof by through or under Grantor, but not otherwise, subject only to the Permitted Encumbrances.
Standby charges, ad valorem taxes and assessments attributable to the 20 calendar year have been prorated between Grantor and Grantee as of the date of this Special Warranty Deed and Grantee hereby expressly assumes and agrees to pay the same.
Grantee’s address: |
c/o Och-Ziff Real Estate |
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9 West 57th Street, 39th Floor |
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New York, NY, 10019 |
(Signature Page Follows)
Executed as of the day of , 20 .
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GRANTOR: | |
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[ ] | |
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By: |
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Name: |
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Title: |
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THE STATE OF |
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COUNTY OF |
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This instrument was acknowledged before me on the day of , 20 , by , of [ ], a [ ], on behalf of said limited liability company.
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Notary Public in and for the State of |
After recording return to:
EXHIBIT A
(Legal Description)
EXHIBIT B
(Permitted Exceptions)
Exhibit E
BILL OF SALE
For good and valuable consideration, the receipt of which is hereby acknowledged, [ ] (“Seller”), does hereby sell, transfer and convey to [ ] (“Purchaser”), without recourse or warranty, any and all personal property (the “Personal Property”) owned by Seller and used exclusively in connection with the operation of that certain real property known more particularly described in Exhibit A attached hereto (the “Property”).
PURCHASER ACKNOWLEDGES THAT THE SALE OF THE PERSONAL PROPERTY IS SPECIFICALLY MADE “AS-IS” AND “WHERE-IS,” WITHOUT ANY REPRESENTATIONS OR WARRANTIES EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF FITNESS FOR ANY PARTICULAR PURPOSE OR MERCHANTABILITY, WARRANTY OF TITLE OR USE OR ANY OTHER WARRANTIES WHATSOEVER. PURCHASER HAS NOT RELIED AND WILL NOT RELY ON, AND SELLER IS NOT LIABLE FOR OR BOUND BY, ANY EXPRESS OR IMPLIED WARRANTIES, GUARANTIES, STATEMENTS, REPRESENTATIONS OR INFORMATION PERTAINING TO THE PERSONAL PROPERTY OR RELATING THERETO (INCLUDING SPECIFICALLY, WITHOUT LIMITATION, INFORMATION PACKAGES DISTRIBUTED WITH RESPECT TO THE PROPERTY) MADE OR FURNISHED BY SELLER, THE PROPERTY MANAGER, OR ANY AGENT OR REAL ESTATE BROKER REPRESENTING OR PURPORTING TO REPRESENT SELLER, TO WHOMEVER MADE OR GIVEN, DIRECTLY OR INDIRECTLY, ORALLY OR IN WRITING.
This Bill of Sale may be executed in any number of counterparts, each of which shall be deemed an original and all of which, when taken together, shall constitute one and the same instrument.
[Next page is signature page]
IN WITNESS WHEREOF, the undersigned have executed this Bill of Sale as of this day of , 2014.
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SELLER: | |
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[ ] | |
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By: |
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Name: |
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Title: |
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PURCHASER: | |
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By: |
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Name: |
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Title: |
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Exhibit F
ASSIGNMENT AND ASSUMPTION OF LEASES
This Assignment and Assumption of Leases (this “Assignment”) dated as of , 2014 is entered into by and between [ ] a [ ] (“Assignor”), and , a (“Assignee”).
W I T N E S S E T H
WHEREAS, Assignor is the lessor under those certain lease agreements identified on Exhibit B attached hereto (the “Leases”) executed with respect to that certain real property commonly known as [ ] (the “Property”) as more fully described in Exhibit A attached hereto;
WHEREAS, Assignor, as Seller, and , as Purchaser, have entered into that certain Purchase and Sale Agreement dated as of , (the “Purchase Agreement”) conveying the Property (as defined in the Purchase Agreement); and
WHEREAS, Assignor desires to assign its interest as lessor in the Leases to Assignee, and Assignee desires to accept the assignment thereof;
Now, THEREFORE, in consideration of the promises and conditions contained herein, the parties hereby agree as follows:
1. Effective as of the Effective Date (as defined below), Assignor hereby assigns to Assignee all of its right, title and interest in and to the Leases.
2. Effective as of the Effective Date, Assignee hereby accepts such assignment and assumes and agrees to perform all of the Assignor’s obligations, liabilities and covenants under the Leases arising or accruing from and after the Effective Date, and agrees to indemnify Assignor against and hold Assignor harmless from any and all cost, liability, loss, damage or expense, including without limitation, reasonable attorneys’ fees, accruing on or subsequent to, or to be performed subsequent to, the Effective Date and arising out of the landlord’s obligations under the Leases. Subject to any limitations set forth in the Purchase Agreement, Assignor hereby agrees to indemnify Assignee against and to hold Assignee harmless from any and all cost, liability, loss, damage or expense, including without limitation, reasonable attorneys’ fees, accruing prior to, or to be performed prior to, the Effective Date, and arising out of landlord’s obligations under the Leases.
3. Any rental and other payments under the Leases shall be prorated between the parties as provided in the Purchase Agreement.
4. In the event of any litigation arising out of this Assignment, the losing party shall pay the prevailing party’s costs and expenses of such litigation, including, without limitation, reasonable attorneys’ fees.
5. This Assignment shall be binding on and inure to the benefit of the parties hereto, their heirs, executors, administrators, successors in interest and assigns.
6. This Assignment shall be governed by and construed in accordance with the laws of the State in which the Property is located in.
7. ASSIGNEE ACKNOWLEDGES THAT, EXCEPT AS PROVIDED IN THE PURCHASE AGREEMENT, THE CONVEYANCE OF THE LEASES HEREIN IS SPECIFICALLY MADE “AS-IS” AND “WHERE-IS,” WITHOUT ANY REPRESENTATIONS OR WARRANTIES EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF FITNESS FOR ANY PARTICULAR PURPOSE OR MERCHANTABILITY OR ANY OTHER WARRANTIES WHATSOEVER. ASSIGNEE HAS NOT RELIED AND WILL NOT RELY ON, AND ASSIGNOR IS NOT LIABLE FOR OR BOUND BY, ANY EXPRESS OR IMPLIED WARRANTIES, GUARANTIES, STATEMENTS, REPRESENTATIONS OR INFORMATION PERTAINING TO THE LEASES OR RELATING THERETO (INCLUDING SPECIFICALLY, WITHOUT LIMITATION, INFORMATION PACKAGES DISTRIBUTED WITH RESPECT TO THE REAL PROPERTY) MADE OR FURNISHED BY ASSIGNOR, THE PROPERTY MANAGER, OR ANY AGENT OR REAL ESTATE BROKER REPRESENTING OR PURPORTING TO REPRESENT ASSIGNOR, TO WHOMEVER MADE OR GIVEN, DIRECTLY OR INDIRECTLY, ORALLY OR IN WRITING.
8. This Assignment is delivered pursuant to the Purchase Agreement.
9. For purposes of this Assignment, the “Effective Date” shall be the date of the Closing (as defined in the Purchase Agreement).
10. This Assignment may be executed in any number of counterparts, each of which shall be deemed an original, and all of which, when taken together, shall constitute one and the same document.
IN WITNESS WHEREOF, Assignor and Assignee have executed this Assignment the day and year first above written.
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ASSIGNOR: | |
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By: |
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Name: |
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Title: |
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ASSIGNEE: | |
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By: |
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EXHIBIT A
Legal Description of Property
(See Attached)
EXHIBIT B
Leases
(See Attached)
Exhibit G
ASSIGNMENT AND ASSUMPTION OF
PROPERTY CONTRACTS, WARRANTIES AND INTANGIBLES
THIS ASSIGNMENT AND ASSUMPTION OF PROPERTY CONTRACTS, WARRANTIES AND INTANGIBLES is made and entered into as of this day of , 2014, by [ , a ] (“Assignor”), and , a (“Assignee”).
FOR GOOD AND VALUABLE CONSIDERATION, the receipt of which is hereby acknowledged, effective as of the Effective Date (as defined below), and in connection with the sale of that certain real property commonly known as [ ] and more particularly described in Exhibit A attached hereto (the “Property”), Assignor hereby assigns and transfers unto Assignee all of its right, title, claim and interest in and under:
(A) all warranties and guaranties (express or implied) made by or received from any third party with respect to any building, building component, structure, fixture, machinery, equipment, or material situated on, contained in any building or other improvement situated on, or comprising a part of any building or other improvement situated on, any part of the Property including, without limitation, those warranties and guaranties listed in Exhibit B attached hereto (collectively, “Warranties”);
(B) all of the service contracts listed in Exhibit C attached hereto (the “Service Contracts”); and
(C) any Intangibles (as defined in that certain Purchase and Sale Agreement dated as of , 2014 between Assignor and (the “Purchase Agreement”)).
ASSIGNOR AND ASSIGNEE FURTHER HEREBY AGREE AND COVENANT AS FOLLOWS:
1. Effective as of the Effective Date (as defined below), Assignee hereby accepts the assignment from Assignor of all of Assignor’s right, title and interest in and to the Service Contracts, Warranties and Intangibles.
2. Effective as of the Effective Date, Assignee hereby accepts such assignment and assumes all of the owner’s liabilities, covenants and obligations under the Service Contracts, Warranties and Intangibles arising or accruing from and after the Effective Date, and agrees to indemnify Assignor against and hold Assignor harmless from any and all cost, liability, loss, damage or expense, including, without limitation, reasonable attorneys’ fees, accruing on or to be performed subsequent to the Effective Date and arising out of the owner’s obligations under the Service Contracts, Warranties and Intangibles. Subject to any limitations set forth in the Purchase Agreement, Assignor hereby agrees to indemnify Assignee against and to hold Assignee harmless from any and all cost, liability, loss, damage or expense, including without limitation, reasonable attorneys’ fees, accruing prior to, or to be performed prior to, the Effective
Date and arising out of owner’s obligations under the Service Contracts, Warranties and Intangibles.
3. In the event of any litigation between Assignor and Assignee arising out of this Assignment, the losing party shall pay the prevailing party’s costs and expenses of such litigation, including, without limitation, reasonable attorneys’ fees.
4. This Assignment shall be binding on and inure to the benefit of the parties hereto, their heirs, executors, administrators, successors in interest and assigns.
5. This Assignment shall be governed by and construed in accordance with the laws of the State in which the Property is located in.
6. This Assignment is delivered pursuant to the Purchase Agreement.
7. ASSIGNEE ACKNOWLEDGES AND AGREES THAT, EXCEPT AS PROVIDED IN THE PURCHASE AGREEMENT, THE CONVEYANCE OF THE SERVICE CONTRACTS, WARRANTIES AND INTANGIBLES IS SPECIFICALLY MADE “AS-IS” AND “WHERE-IS,” WITHOUT ANY REPRESENTATIONS OR WARRANTIES EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF FITNESS FOR ANY PARTICULAR PURPOSE OR MERCHANTABILITY OR ANY OTHER WARRANTIES WHATSOEVER. ASSIGNEE HAS NOT RELIED AND WILL NOT RELY ON, AND ASSIGNOR IS NOT LIABLE FOR OR BOUND BY, ANY EXPRESS OR IMPLIED WARRANTIES, GUARANTIES, STATEMENTS, REPRESENTATIONS OR INFORMATION PERTAINING TO THE SERVICE CONTACTS, WARRANTIES OR INTANGIBLES OR RELATING THERETO (INCLUDING SPECIFICALLY, WITHOUT LIMITATION, INFORMATION PACKAGES DISTRIBUTED WITH RESPECT TO THE PROPERTY) MADE OR FURNISHED BY ASSIGNOR, THE PROPERTY MANAGER, OR ANY AGENT OR REAL ESTATE BROKER REPRESENTING OR PURPORTING TO REPRESENT ASSIGNOR, TO WHOMEVER MADE OR GIVEN, DIRECTLY OR INDIRECTLY, ORALLY OR IN WRITING.
8. For purposes of this Assignment, the “Effective Date” shall be the date of the Closing (as defined in the Purchase Agreement).
9. This Assignment may be executed in any number of counterparts, each of which shall be deemed an original, and all of which, when taken together, shall constitute one and the same document.
[Next page is signature page]
IN WITNESS WHEREOF, Assignor and Assignee have executed this Assignment the day and year first above written.
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ASSIGNOR: | |
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By: |
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ASSIGNEE: | |
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EXHIBIT A
Legal Description of Property
(See Attached)
EXHIBIT B
Warranties & Guaranties
(See Attached)
EXHIBIT C
Service Contracts
(See Attached)
Exhibit H
NOTICE TO TENANTS
, 2014
To:
Re: Notice of Lease Assignment
Premises: [ ] (the “Premises”)
Ladies and Gentlemen:
Please be advised that the Premises have been acquired by, and the Lessor’s interest in your lease and your security deposit (if any) have been assigned, to (“New Owner”).
All future rental and other payments under your lease shall be paid to New Owner, in accordance with the terms of your lease, to the following address:
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Very truly yours, | |
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Prior Owner: |
[ ] | |
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By: |
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Title: |
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New Owner: |
[ ] | |
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Exhibit H-1
NOTICE TO VENDORS
, 2014
To:
Re: Notice of Contract Assignment
Premises: [ ] (the “Premises”)
Ladies and Gentlemen:
Please be advised that the Premises have been acquired by, and the vendees’s interest in your contract has been assigned, to (“New Owner”).
Until further notice, all correspondence, notices and invoices shall be directed to the New Owner at the following address:
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Very truly yours, | |
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Exhibit I
TENANT ESTOPPEL CERTIFICATE
[Date]
[PURCHASER]
Re: Lease dated , (the “Lease”) executed between (“Landlord”), and (“Tenant”), for those premises (the “Premises”) located at .
Gentlemen:
The undersigned Tenant understands that you or your assigns intend to acquire that property located at (the “Property”) from . The undersigned Tenant does hereby certify to you as follows:
A. The Lease consists only of the documents identified in items 1 and 2 on Schedule A attached hereto (“Schedule A”).
B. The Lease is in full force and effect and has not been modified, supplemented, or amended as indicated in Item 2 on Schedule A.
C. Tenant has not given Landlord written notice of any dispute between Landlord and Tenant or that Tenant considers Landlord in default under the Lease.
D. Tenant does not claim any offsets or credits against rents payable under the Lease.
E. Tenant has not paid a security or other deposit with respect to the Lease, except as shown in Item 3 on Schedule A.
F. Tenant has fully paid rent on account of the month of , ; the current base rent under the Lease is as shown in Item 4 on Schedule A.
G. Tenant has not paid any rentals in advance except for the current month of , .
H. The term of the Lease will terminate on the dates indicated in Item 5 on Schedule A.
I. Tenant has accepted possession and is in full and complete occupancy of the Premises without any existing conditions or qualifications and without any other party having occupancy of, or the right to occupy, any portion of the Premises.
K. Tenant has neither assigned, transferred, nor encumbered the Lease, or any interest therein, nor sublet the Premises, or any portion thereof, except as follows (if left blank, will be deemed “none”): .
L. There is no guarantor of the Lease except as follows (if left blank, will be deemed “none”): . If the Lease is guaranteed, the Guaranty is unmodified and in full force and effect.
M. Any free rent, partial rent, rebates, rental abatements, or rent concessions of any kind required to be given by Landlord to Tenant under Lease have been given, except as follows (if left blank, will be deemed “none”): .
N. No defaults exist under the Lease by Tenant or, to the best of Tenant’s actual knowledge, by Landlord, and no event has occurred which, after the passage of time or the giving of notice, would constitute a default under the Lease or give Tenant any offset right or claims under the Lease.
O. Except as set forth in the Lease, Tenant has no options to terminate the Lease.
P. The address for notices to Tenant under the Lease as follows:
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TENANT: | ||
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a |
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SCHEDULE A
1. |
Lease: | ||
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Landlord: | ||
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Tenant: | ||
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Suite #: | ||
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Date: | ||
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2. |
Modifications and/or Amendments | ||
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(a) |
Date: | |
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(b) |
Date: | |
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(c) |
Date: | |
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3. |
Security Deposit | ||
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(currently held by | ||
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Landlord) |
$ | |
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4. |
Monthly Base Rent | ||
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for current term | ||
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of Lease |
$ | |
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5. |
Commencement Date: | ||
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Termination Date: | ||
Exhibit J-1
ASSIGNMENT OF RENAISSANCE RIGHT OF FIRST REFUSAL AGREEMENT
This Assignment is made and entered into as of this day of , 201 , by OZ/CLP HUNTER’S CREEK LLC, a Delaware limited liability company (“Assignor”), and , a (“Assignee”).
W I T N E S S E T H
WHEREAS, Assignor, as Seller, and Assignee, as Purchaser, have entered into that certain Purchase and Sale Agreement dated as of , 2013 (the “Purchase Agreement”) pursuant to which Assignor agreed, among other things, to convey the Hunter’s Creek Property (as defined in the Purchase Agreement) to Assignee;
WHEREAS, Assignor holds a right of first refusal with respect to the Renaissance Lease Premises (as defined in the Purchase Agreement) pursuant to the Renaissance Right of First Refusal Agreement (as defined in the Purchase Agreement); and
WHEREAS, Assignor desires to assign to Assignee, without recourse or warranty, its interest in the Renaissance Right of First Refusal Agreement;
Now, THEREFORE, in consideration of the promises and conditions contained herein, the parties hereby agree as follows:
1. Effective as of the date hereof, Assignor hereby assigns to Assignee, without recourse or warranty, all of its right, title and interest in and to the Renaissance Right of First Refusal Agreement.
2. This Assignment shall be binding on and inure to the benefit of the parties hereto, their heirs, executors, administrators, successors in interest and assigns.
3. ASSIGNEE ACKNOWLEDGES THAT, EXCEPT AS PROVIDED IN THE PURCHASE AGREEMENT, THE CONVEYANCE OF THE RENAISSANCE RIGHT OF FIRST REFUSAL AGREEMENT HEREIN IS SPECIFICALLY MADE “AS-IS” AND “WHERE-IS,” WITHOUT ANY REPRESENTATIONS OR WARRANTIES EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OF FITNESS FOR ANY PARTICULAR PURPOSE OR MERCHANTABILITY OR ANY OTHER WARRANTIES WHATSOEVER. ASSIGNEE HAS NOT RELIED AND WILL NOT RELY ON, AND ASSIGNOR IS NOT LIABLE FOR OR BOUND BY, ANY EXPRESS OR IMPLIED WARRANTIES, GUARANTIES, STATEMENTS, REPRESENTATIONS OR INFORMATION PERTAINING TO THE RENAISSANCE RIGHT OF FIRST REFUSAL AGREEMENT OR RELATING THERETO (INCLUDING SPECIFICALLY, WITHOUT LIMITATION, INFORMATION PACKAGES DISTRIBUTED WITH RESPECT TO THE REAL PROPERTY) MADE OR FURNISHED BY ASSIGNOR, THE PROPERTY MANAGER, OR ANY AGENT OR REAL ESTATE BROKER REPRESENTING OR
PURPORTING TO REPRESENT ASSIGNOR, TO WHOMEVER MADE OR GIVEN, DIRECTLY OR INDIRECTLY, ORALLY OR IN WRITING.
4. This Assignment is delivered pursuant to the Purchase Agreement.
5. This Assignment shall be governed by and construed in accordance with the laws of the State of Florida.
6. This Assignment may be executed in any number of counterparts, each of which shall be deemed an original, and all of which, when taken together, shall constitute one and the same document.
IN WITNESS WHEREOF, Assignor has executed this Assignment the day and year first above written.
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ASSIGNOR: | |||
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OZ/CLP HUNTER’S CREEK LLC, | |||
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a Delaware limited liability company | |||
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By: |
OZ/CLP Retail LLC, its sole member | ||
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By: |
OZRE Retail Holdings LLC, | |
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its manager | |
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By: |
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Name: Steven E. Orbuch | |
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Title: Authorized Person |
Exhibit J-2
ASSIGNMENT OF RENAISSANCE LEASE PURCHASE CONTRACT
This Assignment is made and entered into as of this day of , 201 , by OZ/CLP HUNTER’S CREEK LLC, a Delaware limited liability company (“Assignor”), and , a (“Assignee”).
W I T N E S S E T H
WHEREAS, Assignor, as Seller, and Assignee, as Purchaser, have entered into that certain Purchase and Sale Agreement dated as of , 2013 (the “Purchase Agreement”) pursuant to which Assignor agreed, among other things, to convey the Renaissance Lease Premises (as defined in the Purchase Agreement) to Assignee on the terms and conditions set out therein;
WHEREAS, pursuant to the terms of the Renaissance Lease (as defined in the Purchase Agreement), Renaissance Lessee has heretofore exercised its right to purchase the Renaissance Lease Premises on the terms set out in the Renaissance Lease and the Renaissance Lease Purchase Contract (as defined in the Purchase Agreement); and
WHEREAS, Assignor desires to assign to Assignee, without recourse or warranty, its interest in the Renaissance Lease Purchase Contract;
Now, THEREFORE, in consideration of the promises and conditions contained herein, the parties hereby agree as follows:
1. Effective as of the date hereof, Assignor hereby assigns to Assignee, without recourse or warranty, all of its right, title and interest in and to the Renaissance Lease Purchase Contract.
2. This Assignment shall be binding on and inure to the benefit of the parties hereto, their heirs, executors, administrators, successors in interest and assigns.
3. This Assignment is delivered pursuant to the Purchase Agreement.
4. This Assignment shall be governed by and construed in accordance with the laws of the State of Florida.
5. This Assignment may be executed in any number of counterparts, each of which shall be deemed an original, and all of which, when taken together, shall constitute one and the same document.
IN WITNESS WHEREOF, Assignor has executed this Assignment the day and year first above written.
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ASSIGNOR: | |||
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OZ/CLP HUNTER’S CREEK LLC, | |||
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a Delaware limited liability company | |||
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By: |
OZ/CLP Retail LLC, its sole member | ||
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By: |
OZRE Retail Holdings LLC, | |
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its manager | |
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By: |
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Name: Steven E. Orbuch | |
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Title: Authorized Person |
Exhibit K
ASSIGNMENT OF THE CLAY PROPERTY CONTRACT
This Assignment is made and entered into as of this day of , 201 , by OZ/CLP CLAY LLC, a Delaware limited liability company (“Assignor”), and , a (“Assignee”).
W I T N E S S E T H
WHEREAS, Assignor, as Seller, and Assignee, as Purchaser, have entered into that certain Purchase and Sale Agreement dated as of , 2013 (the “Purchase Agreement”) pursuant to which Assignor agreed, among other things, to convey the Clay Property (as defined in the Purchase Agreement) to Assignee on the terms and conditions set out therein;
WHEREAS, pursuant to the terms of the Publix Lease (as defined in the Purchase Agreement), Publix Alabama, LLC has heretofore exercised its right to purchase the Clay Property on the terms set out in the Clay Property Contract (as defined in the Purchase Agreement); and
WHEREAS, Assignor desires to assign to Assignee, without recourse or warranty, its interest in the Clay Property Contract;
Now, THEREFORE, in consideration of the promises and conditions contained herein, the parties hereby agree as follows:
6. Effective as of the date hereof, Assignor hereby assigns to Assignee, without recourse or warranty, all of its right, title and interest in and to the Clay Property Contract.
7. This Assignment shall be binding on and inure to the benefit of the parties hereto, their heirs, executors, administrators, successors in interest and assigns.
8. This Assignment is delivered pursuant to the Purchase Agreement.
9. This Assignment shall be governed by and construed in accordance with the laws of the State of Alabama.
10. This Assignment may be executed in any number of counterparts, each of which shall be deemed an original, and all of which, when taken together, shall constitute one and the same document.
IN WITNESS WHEREOF, Assignor has executed this Assignment the day and year first above written.
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ASSIGNOR: | |||
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OZ/CLP CLAY LLC, | |||
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a Delaware limited liability company | |||
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By: |
OZ/CLP Retail LLC, its sole member | ||
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By: |
OZRE Retail Holdings LLC, | |
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its manager | |
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By: |
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Name: Steven E. Orbuch | |
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Title: Authorized Person |
Schedule 1
Seller Information Schedule
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Property |
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Address |
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Seller |
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Allocated |
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Title No. |
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Tax I.D. | |
1. |
|
Clay Property |
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5100 Old Springville Road, |
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OZ/CLP CLAY LLC, a Delaware limited liability company (“Clay Seller”) |
|
$ |
10,000,000 |
|
NCS-631552AL3NY |
|
26-0170272 |
2. |
|
Trussville I Property |
|
5895 Trussville Crossings Parkway, Trussville, |
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OZ/CLP TRUSSVILLE I LLC, a Delaware limited liability company (“Trussville I Seller”) |
|
$ |
37,159,434 |
|
NCS-631552AL9NY
And
T-89697 (for the Lot 4 Outparcel) |
|
27-3224072 |
3. |
|
Trussville II Property |
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5866 Trussville Crossings Parkway, |
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OZ/CLP TRUSSVILLE II LLC, a Delaware limited liability company (“Trussville II Seller”) |
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$ |
9,180,578 |
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NCS-631552AL10NY |
|
26-0170272 |
4. |
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Hunter’s Creek Property |
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3900 Town Center Boulevard, |
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OZ/CLP HUNTER’S CREEK LLC, a Delaware limited liability company (“Hunter’s Creek Seller”) |
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$ |
19,220,914 |
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NCS-631552FL4NY |
|
26-0170272 |
5. |
|
Lakewood Property |
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1500 San Jose Boulevard, |
|
OZ/CLP LAKEWOOD LLC, a Delaware limited liability company (“Lakewood |
|
$ |
19,168,568 |
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NCS-631552FL6NY |
|
26-0170272 |
(1) Clay, Trussville I, and Trussville II Properties, collectively, the “Alabama Properties”.
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|
Property |
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Address |
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Seller |
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Allocated |
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Title No. |
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Tax I.D. | |
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Seller”) |
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6. |
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Northdale Property |
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3805 Northdale Boulevard, |
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OZ/CLP NORTHDALE LLC, a Delaware limited liability company (“Northdale Seller”) |
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$ |
19,399,783 |
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NCS-631552FL7NY |
|
26-0170272 |
7. |
|
Burnt Store Property |
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3941 Tamiami Trail, Punta Gorda, |
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OZ/CLP BURNT STORE LLC, a Delaware limited liability company (“Burnt Store Seller”) |
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$ |
4,962,878 |
|
NCS-631552FL2NY |
|
26-0170272 |
8. |
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Beechwood Property |
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196 Alps Road, |
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OZ/CLP BEECHWOOD LLC, a Delaware limited liability company (“Beechwood Seller”) |
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$ |
43,102,600 |
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NCS-631552GA1NY |
|
26-0170272 |
9. |
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Portofino Property |
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19075 Interstate 45 South, |
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OZ/CLP PORTOFINO LP, a Delaware limited partnership (“Portofino Seller”) |
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$ |
96,998,957 |
|
NCS-631552TX8NY |
|
26-0170272 |
10. |
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Kingwood Commons Property |
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502 Kingwood Drive, |
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OZ/CLP KINGWOOD COMMONS LP, a Delaware limited partnership |
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$ |
47,806,288 |
|
NCS-631552TX5NY |
|
26-0170272 |
(2) The Hunter’s Creek, Lakewood, Northdale and Burnt Store Properties, collectively, the “Florida Properties”.
(3) Beachwood, the “Georgia Property”.
(4) Portofino and Kingwood Commons Properties, collectively, the “Texas Properties”.
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Property |
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Address |
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Seller |
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Allocated |
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Title No. |
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Tax I.D. | |
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(“Kingwood Common Seller”) |
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Schedule 2
Existing Litigation
An affiliate of Sellers and BIG Shopping Centers USA, Inc. (“BIG”) executed a non-binding term sheet on September 19, 2013 with regard to the possible acquisition of the Properties by BIG, which term sheet provides that apart from certain confidentiality obligations and an agreement by the seller not to enter into a letter of intent or purchase agreement with a third party for a certain period of time, no other binding agreement shall exist between the parties unless and until each has executed and delivered, in its sole discretion, a definitive Purchase and Sale Agreement (“PSA”). Seller provided BIG with an unexecuted draft PSA substantially in the form of the initial draft of this Agreement that was sent to Purchaser. BIG’s counsel responded with an email setting forth revisions and comments to the proposed PSA. BIG was then informed that Sellers were no longer interested in pursuing a sale transaction with BIG. BIG then signed the initial draft of the PSA (without exhibits), and returned it by email to Sellers. Sellers responded by advising BIG in writing that Sellers had decided not to enter into any transaction with BIG and would not be executing the PSA. BIG’s counsel since has sent written correspondence stating that Sellers had breached the executed term sheet’s “no-shop provision of 21 days” and challenging whether a binding deal was created by BIG’s execution of the initial PSA.
Schedule 3
Rent Rolls and Arrearage Report
(See Attached)
Report ID: CPT_CMROLL |
Rent Roll |
Page: 1 |
Database: OZDBASE |
OZ/CLP Beechwood LLC |
Date: 11/04/13 |
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As of November 04, 2013 |
User ID: MDAVIS |
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— Current Annual Per SF Rates — |
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Suite |
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Lease SF |
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% of |
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— Lease Dates — |
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Renewal |
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— Rent Dates — |
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Annual |
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Breakpoint |
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% |
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Base |
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— Recoveries — |
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ID |
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Tenant Name |
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Meas. SF |
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Bldg SF |
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Start |
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Expire |
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Options |
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Start |
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End |
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Base Rent |
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Start Date |
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Rate |
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Breakpoint |
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Rent |
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CAM |
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Ins |
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RE Tax |
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FC CAM |
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Mktg |
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Total |
| |
1 |
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RANDSTAD STAFFING SERVICES |
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1,650 |
|
0.5 |
|
10/01/12 |
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11/30/17 |
|
12/01/17 |
|
12/01/12 |
|
11/30/17 |
|
40,920.00 |
|
|
|
|
|
|
|
24.80 |
|
3.24 |
|
0.58 |
|
0.91 |
|
0.00 |
|
0.00 |
|
29.53 |
| |
|
|
|
1,650 |
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|
|
|
|
|
|
|
|
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|
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|
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|
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|
|
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|
|
|
| ||
14 |
|
GEORGIA THEATRE CO - II |
|
37,573 |
|
11.0 |
|
09/01/13 |
|
08/31/18 |
|
09/01/18 |
|
09/01/13 |
|
08/31/18 |
|
150,000.00 |
|
01/01/99 |
|
5.00 |
|
2,250,000 |
N |
|
3.99 |
|
1.53 |
|
0.00 |
|
1.33 |
|
0.00 |
|
0.00 |
|
6.85 |
|
|
|
|
37,573 |
|
|
|
|
|
|
|
09/01/23 |
|
09/01/18 |
|
08/31/23 |
|
155,000.04 |
|
01/01/04 |
|
5.00 |
|
2,500,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
09/01/28 |
|
09/01/23 |
|
08/31/28 |
|
159,999.96 |
|
01/01/09 |
|
5.00 |
|
2,750,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
09/01/28 |
|
08/31/18 |
|
165,000.00 |
|
09/01/13 |
|
5.00 |
|
3,000,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
09/01/18 |
|
5.00 |
|
3,250,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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|
|
09/01/23 |
|
5.00 |
|
3,500,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
09/01/28 |
|
5.00 |
|
3,750,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
19 |
|
PLATO’S CLOSET |
|
3,300 |
|
1.0 |
|
11/01/10 |
|
10/31/15 |
|
|
|
11/01/10 |
|
10/31/15 |
|
66,000.00 |
|
10/05/05 |
|
4.00 |
|
1,485,000 |
|
|
20.00 |
|
4.00 |
|
0.00 |
|
1.82 |
|
0.00 |
|
0.00 |
|
25.82 |
|
|
|
|
|
5,475 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/01/07 |
|
4.00 |
|
1,650,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2 |
|
UPS Store |
|
1,675 |
|
0.5 |
|
07/01/09 |
|
06/30/14 |
|
07/01/14 |
|
07/01/12 |
|
06/30/14 |
|
26,264.04 |
|
|
|
|
|
|
|
|
15.68 |
|
7.09 |
|
0.00 |
|
1.86 |
|
0.00 |
|
0.00 |
|
24.64 |
|
|
|
|
|
1,675 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20 |
|
CVS #3678 |
|
10,437 |
|
3.0 |
|
10/01/09 |
|
09/30/14 |
|
10/01/14 |
|
10/01/09 |
|
09/30/14 |
|
95,634.84 |
|
10/01/98 |
|
2.00 |
|
3,954,156 |
N |
|
9.16 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
9.16 |
|
|
|
|
|
10,437 |
|
|
|
|
|
|
|
10/01/19 |
|
10/01/14 |
|
09/30/19 |
|
105,220.68 |
|
10/01/09 |
|
2.00 |
|
4,781,742 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10/01/19 |
|
09/30/14 |
|
115,729.32 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
21 |
|
DICK FERGUSON |
|
3,100 |
|
0.9 |
|
06/01/06 |
|
05/31/16 |
|
|
|
06/01/13 |
|
05/31/16 |
|
55,800.00 |
|
06/01/06 |
|
5.00 |
|
950,000 |
N |
|
18.00 |
|
2.01 |
|
0.00 |
|
1.32 |
|
0.00 |
|
0.00 |
|
21.33 |
|
|
|
|
|
3,100 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/01/10 |
|
5.00 |
|
1,050,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/01/13 |
|
5.00 |
|
1,150,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
22 |
|
RU SANS |
|
3,900 |
|
1.1 |
|
06/01/05 |
|
05/31/15 |
|
|
|
06/01/12 |
|
05/31/15 |
|
65,988.00 |
|
06/01/05 |
|
6.00 |
|
975,000 |
N |
|
16.92 |
|
2.50 |
|
0.58 |
|
1.10 |
|
0.00 |
|
0.00 |
|
21.09 |
|
|
|
|
|
3,900 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/01/08 |
|
6.00 |
|
1,037,400 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/01/12 |
|
6.00 |
|
1,099,800 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
24 |
|
BATH & BODY WORKS #1528 |
|
2,500 |
|
0.7 |
|
02/01/13 |
|
01/31/16 |
|
|
|
02/01/13 |
|
01/31/16 |
|
42,500.04 |
|
06/01/00 |
|
3.00 |
|
1 |
N |
|
17.00 |
|
1.63 |
|
0.00 |
|
0.67 |
|
0.00 |
|
0.00 |
|
19.30 |
|
|
|
|
2,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
08/01/00 |
|
3.00 |
|
1,250,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/01/04 |
|
3.00 |
|
0 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10/01/05 |
|
3.00 |
|
1,250,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
25 |
|
JWR JEWELERS |
|
2,000 |
|
0.6 |
|
01/01/07 |
|
12/31/16 |
|
|
|
01/01/12 |
|
12/31/16 |
|
45,000.00 |
|
01/01/99 |
|
|
|
5,000,000 |
N |
|
22.50 |
|
1.58 |
|
0.00 |
|
0.91 |
|
0.00 |
|
0.00 |
|
24.98 |
|
|
|
|
|
2,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/01/01 |
|
7.00 |
|
850,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/01/04 |
|
7.00 |
|
852,970 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/01/05 |
|
7.00 |
|
892,500 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
01/01/07 |
|
7.00 |
|
1,200,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
01/01/12 |
|
7.00 |
|
1,300,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/01/05 |
|
5.00 |
|
999,999,999 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
26 |
|
Rack Room Shoes |
|
6,716 |
|
2.0 |
|
09/05/12 |
|
01/31/23 |
|
02/01/23 |
|
10/01/12 |
|
09/30/17 |
|
120,600.00 |
|
09/05/12 |
|
4.00 |
|
3,015,000 |
|
|
17.96 |
|
2.08 |
|
0.50 |
|
1.00 |
|
0.00 |
|
0.00 |
|
21.53 |
|
|
|
|
|
6,716 |
|
|
|
|
|
|
|
02/01/28 |
|
10/01/17 |
|
01/31/23 |
|
131,990.04 |
|
10/01/17 |
|
4.00 |
|
3,299,751 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/33 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
29A |
|
BODYPLEX FITNESS ADVENTURE |
|
28,021 |
|
8.2 |
|
05/13/05 |
|
05/31/15 |
|
05/01/15 |
|
06/01/10 |
|
05/31/15 |
|
210,157.56 |
|
|
|
|
|
|
|
|
7.50 |
|
1.53 |
|
0.00 |
|
1.28 |
|
0.00 |
|
0.00 |
|
10.31 |
|
|
|
|
28,021 |
|
|
|
|
|
|
|
05/01/20 |
|
06/01/15 |
|
05/31/20 |
|
224,168.04 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/01/20 |
|
05/31/15 |
|
238,178.52 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
32 |
|
HEADLINE HAIR AND NAIL SALON |
|
1,600 |
|
0.5 |
|
01/01/10 |
|
12/31/14 |
|
|
|
01/01/13 |
|
12/31/14 |
|
39,999.96 |
|
01/01/10 |
|
6.00 |
|
613,334 |
|
|
25.00 |
|
3.23 |
|
0.00 |
|
1.88 |
|
0.00 |
|
0.00 |
|
30.10 |
|
|
|
|
1,600 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
01/01/13 |
|
6.00 |
|
666,666 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
33 |
|
STEINMART. INC #137 |
|
38,422 |
|
11.2 |
|
06/01/12 |
|
05/31/17 |
|
06/01/17 |
|
06/01/12 |
|
05/31/17 |
|
240,000.00 |
|
06/01/97 |
|
2.50 |
|
7,920,000 |
N |
|
6.25 |
|
0.56 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
6.81 |
|
|
|
|
38,422 |
|
|
|
|
|
|
|
06/01/22 |
|
|
|
|
|
|
|
06/01/02 |
|
2.50 |
|
8,280,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/01/07 |
|
2.50 |
|
8,913,902 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Report ID: CPT_CMROLL |
Rent Roll |
Page: 2 | |
Database: OZDBASE |
OZ/CLP Beechwood LLC |
Date: 11/04/13 | |
|
|
As of November 04, 2013 |
User ID: MDAVIS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
— Current Annual Per SF Rates — |
| |||||||||||||
Suite |
|
|
|
Lease SF |
|
% of |
|
— Lease Dates — |
|
Renewal |
|
— Rent Dates — |
|
Annual |
|
Breakpoint |
|
% |
|
|
|
Base |
|
— Recoveries — |
|
|
|
|
| |||||||||||
ID |
|
Tenant Name |
|
Meas. SF |
|
Bldg SF |
|
Start |
|
Expire |
|
Options |
|
Start |
|
End |
|
Base Rent |
|
Start Date |
|
Rate |
|
Breakpoint |
|
Rent |
|
CAM |
|
Ins |
|
RE Tax |
|
FC CAM |
|
Mktg |
|
Total |
| |
36 |
|
WILLY’S MEXICANA GRILL |
|
3,045 |
|
0.9 |
|
07/09/07 |
|
05/31/17 |
|
06/01/17 |
|
06/01/12 |
|
05/31/17 |
|
77,038.56 |
|
10/01/07 |
|
|
|
999,999,999 |
N |
|
25.30 |
|
2.99 |
|
0.43 |
|
1.42 |
|
0.00 |
|
0.00 |
|
30.14 |
|
|
|
|
|
3,045 |
|
|
|
|
|
|
|
06/01/22 |
|
06/01/17 |
|
05/31/22 |
|
84,742.32 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/01/22 |
|
05/31/17 |
|
93,207.48 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
38 |
|
CHICO’S #452 |
|
2,591 |
|
0.8 |
|
02/01/11 |
|
01/31/14 |
|
02/01/14 |
|
10/01/12 |
|
01/31/14 |
|
46,638.00 |
|
02/01/11 |
|
5.00 |
|
1,489,825 |
N |
|
18.00 |
|
1.29 |
|
0.58 |
|
1.36 |
|
0.00 |
|
0.00 |
|
21.23 |
|
|
|
|
|
2,591 |
|
|
|
|
|
|
|
|
|
02/01/14 |
|
01/31/14 |
|
54,411.00 |
|
09/16/11 |
|
5.00 |
|
0 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10/01/12 |
|
5,00 |
|
1,489,825 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/14 |
|
5.00 |
|
1,638,808 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
39 |
|
JOS. A. BANK CLOTHIERS. INC #537 |
|
4,220 |
|
1.2 |
|
02/01/10 |
|
01/31/15 |
|
08/01/15 |
|
02/01/12 |
|
01/31/14 |
|
75,960.00 |
|
07/13/05 |
|
3.00 |
|
2,110,000 |
|
|
18.00 |
|
1.76 |
|
0.00 |
|
1.13 |
|
0.00 |
|
0.00 |
|
20.89 |
|
|
|
|
|
4,220 |
|
|
|
|
|
|
|
08/01/20 |
|
02/01/14 |
|
01/31/15 |
|
92,840.04 |
|
02/01/12 |
|
3.00 |
|
2,532,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/14 |
|
3.00 |
|
3,094,668 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3B |
|
YOUR PIE |
|
1,631 |
|
0.5 |
|
05/01/13 |
|
04/30/18 |
|
|
|
05/01/13 |
|
04/30/18 |
|
52,191.96 |
|
04/13/08 |
|
6.00 |
|
900,000 |
|
|
32.00 |
|
2.98 |
|
0.00 |
|
1.10 |
|
0.00 |
|
0.00 |
|
36.08 |
|
|
|
|
|
1,631 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/08 |
|
6.00 |
|
869,866 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4 |
|
Tin Drum Asia Cafe |
|
1,760 |
|
0.5 |
|
01/04/13 |
|
01/31/23 |
|
02/01/23 |
|
01/04/13 |
|
01/31/16 |
|
52,800.00 |
|
01/04/12 |
|
|
|
|
N |
|
30.00 |
|
2.85 |
|
0.00 |
|
1.42 |
|
0.00 |
|
0.00 |
|
34.27 |
|
|
|
|
|
1,760 |
|
|
|
|
|
|
|
02/01/28 |
|
02/01/16 |
|
01/31/18 |
|
54,560.04 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/18 |
|
01/31/21 |
|
56,319.96 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/21 |
|
01/31/23 |
|
58,080.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/23 |
|
01/31/26 |
|
61,599.96 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/26 |
|
01/31/28 |
|
63,360.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/28 |
|
01/31/31 |
|
65,120.04 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/31 |
|
01/31/23 |
|
66,879.96 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
41 |
|
ANN TAYLOR LOFT #1378 |
|
5,341 |
|
1.6 |
|
10/30/03 |
|
01/31/14 |
|
02/01/14 |
|
10/30/03 |
|
01/31/14 |
|
128,184.00 |
|
11/01/12 |
|
|
|
999,999,999 |
N |
|
24.00 |
|
1.81 |
|
0.28 |
|
1.31 |
|
0.00 |
|
0.00 |
|
27.40 |
|
|
|
|
|
5,341 |
|
|
|
|
|
|
|
02/01/19 |
|
02/01/14 |
|
01/31/19 |
|
138,866.04 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/19 |
|
01/31/14 |
|
149,547.96 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
42A |
|
RADIO SHACK 01-8768 |
|
2,491 |
|
0.7 |
|
02/01/11 |
|
01/31/16 |
|
|
|
02/01/11 |
|
01/31/16 |
|
54,801.96 |
|
|
|
|
|
|
|
|
22.00 |
|
0.92 |
|
0.23 |
|
1.13 |
|
0.00 |
|
0.00 |
|
24.28 |
|
|
|
|
|
2,491 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
42BT |
|
Pomegranate, Inc |
|
0 |
|
0.0 |
|
09/26/13 |
|
09/29/13 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
|
|
|
|
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
44 |
|
US POSTAL SERVICE (44) |
|
32,348 |
|
9.5 |
|
05/28/06 |
|
05/27/16 |
|
|
|
05/28/11 |
|
05/27/16 |
|
339,654,00 |
|
|
|
|
|
|
|
|
10.50 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
10.50 |
|
|
|
|
|
32,346 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
45A |
|
REGIS SALON #10050 |
|
1,170 |
|
0.3 |
|
10/01/12 |
|
09/30/14 |
|
|
|
10/01/12 |
|
09/30/14 |
|
35,100.00 |
|
10/01/05 |
|
|
|
999,999,999 |
N |
|
30.00 |
|
2.26 |
|
0.00 |
|
1.11 |
|
0.00 |
|
0.00 |
|
33.36 |
|
|
|
|
|
1,170 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
45B |
|
PLANET SMOOTHIE |
|
630 |
|
0.2 |
|
07/01/09 |
|
06/30/14 |
|
07/01/14 |
|
07/01/12 |
|
06/30/14 |
|
17,955.00 |
|
07/01/99 |
|
4.00 |
|
324,750 |
N |
|
28.50 |
|
6.10 |
|
0.51 |
|
1.71 |
|
0.00 |
|
0.00 |
|
36.82 |
|
|
|
|
|
630 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/01/00 |
|
4.00 |
|
331,245 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/01/01 |
|
4.00 |
|
337,869 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/01/02 |
|
4.00 |
|
344,628 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/01/03 |
|
4.00 |
|
351,519 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/01/04 |
|
4.00 |
|
388,868 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/01/05 |
|
4.00 |
|
396,645 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/01/06 |
|
4.00 |
|
404,578 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/01/07 |
|
4.00 |
|
412,669 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/01/08 |
|
4.00 |
|
420,923 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/01/09 |
|
4.00 |
|
433,125 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/01/12 |
|
4.00 |
|
448,875 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Report ID: CPT_CMROLL |
Rent Roll |
Page: 3 | |
Database: OZDBASE |
OZ/CLP Beechwood LLC |
Date: 11/04/13 | |
|
|
As of November 04, 2013 |
User ID: MDAVIS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
— Current Annual Per SF Rates — |
| |||||||||||||
Suite |
|
|
|
Lease SF |
|
% of |
|
— Lease Dates — |
|
Renewal |
|
— Rent Dates — |
|
Annual |
|
Breakpoint |
|
% |
|
|
|
Base |
|
— Recoveries — |
|
|
|
|
| |||||||||||
ID |
|
Tenant Name |
|
Meas. SF |
|
Bldg SF |
|
Start |
|
Expire |
|
Options |
|
Start |
|
End |
|
Base Rent |
|
Start Date |
|
Rate |
|
Breakpoint |
|
Rent |
|
CAM |
|
Ins |
|
RE Tax |
|
FC CAM |
|
Mktg |
|
Total |
| |
46 |
|
COLDWATER CREEK |
|
4,619 |
|
1.3 |
|
10/18/05 |
|
10/31/15 |
|
11/01/15 |
|
11/01/10 |
|
04/01/12 |
|
99,999.96 |
|
10/18/05 |
|
4.00 |
|
2,300,001 |
N |
|
21.65 |
|
1.15 |
|
0.23 |
|
1.31 |
|
0.00 |
|
0.00 |
|
24.33 |
|
|
|
|
|
4,619 |
|
|
|
|
|
|
|
|
|
11/01/12 |
|
10/31/15 |
|
99,999.96 |
|
11/01/10 |
|
4.00 |
|
2,499,999 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/01/15 |
|
10/31/15 |
|
108,000.00 |
|
03/01/12 |
|
4.00 |
|
1 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
09/15/12 |
|
4.00 |
|
2,499,999 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/01/15 |
|
4.00 |
|
2,700,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
48 |
|
US POSTAL SERVICE (48) |
|
6,250 |
|
1.8 |
|
05/28/06 |
|
05/27/16 |
|
|
|
05/28/11 |
|
05/27/16 |
|
55,625.00 |
|
|
|
|
|
|
|
|
10.50 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
10.50 |
|
|
|
|
6,250 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
49 |
|
ATHENS CAFE, INC |
|
11,800 |
|
3.4 |
|
03/31/06 |
|
07/31/17 |
|
|
|
08/01/13 |
|
07/31/14 |
|
92,741.88 |
|
08/01/99 |
|
|
|
999,999,999 |
N |
|
7.86 |
|
2.48 |
|
0.00 |
|
1.00 |
|
0.00 |
|
0.00 |
|
11.34 |
|
|
|
|
|
11,800 |
|
|
|
|
|
|
|
|
|
08/01/14 |
|
07/31/15 |
|
95,524.20 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
08/01/15 |
|
07/31/16 |
|
98,389.92 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
08/01/16 |
|
07/31/17 |
|
101,341.56 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
49B |
|
TUESDAY MORNING, INC. |
|
12,315 |
|
3.6 |
|
02/01/12 |
|
01/31/17 |
|
|
|
02/01/12 |
|
01/31/17 |
|
86,205.00 |
|
12/01/01 |
|
|
|
|
N |
|
7.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
7.00 |
|
|
|
|
12,315 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 |
|
MENCHIE’S FROZEN YOGURT |
|
1,667 |
|
0.5 |
|
07/06/11 |
|
07/31/16 |
|
07/31/16 |
|
07/06/11 |
|
07/31/16 |
|
56,675.28 |
|
|
|
|
|
|
|
|
34.00 |
|
2.00 |
|
0.00 |
|
1.13 |
|
0.00 |
|
0.00 |
|
37.13 |
|
|
|
|
1,667 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
50 |
|
FRESH MARKET |
|
21,320 |
|
6.2 |
|
10/10/12 |
|
10/31/22 |
|
11/01/22 |
|
10/10/12 |
|
05/31/14 |
|
310,635.00 |
|
|
|
|
|
|
|
|
14.57 |
|
0.97 |
|
0.20 |
|
1.30 |
|
0.00 |
|
0.00 |
|
17.04 |
|
|
|
|
|
24,839 |
|
|
|
|
|
|
|
11/01/27 |
|
06/01/14 |
|
10/31/22 |
|
320,989.56 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/01/32 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/01/37 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/01/42 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/01/47 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
51T |
|
Halloween City ‘12 & ‘13 |
|
0 |
|
0.0 |
|
08/01/12 |
|
11/15/13 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
|
|
|
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
52 |
|
TALBOTS #CC00622 |
|
6,167 |
|
1.8 |
|
02/01/12 |
|
01/31/17 |
|
02/01/17 |
|
02/01/12 |
|
01/31/17 |
|
107,922.48 |
|
09/01/01 |
|
|
|
999,999,999 |
N |
|
17.50 |
|
0.79 |
|
0.00 |
|
0.91 |
|
0.00 |
|
0.00 |
|
19.20 |
|
|
|
|
|
6,167 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
56 |
|
JASON’S DELI |
|
5,700 |
|
1.7 |
|
06/14/04 |
|
06/30/14 |
|
07/01/14 |
|
07/01/09 |
|
06/30/15 |
|
119,700,00 |
|
06/14/04 |
|
3.50 |
|
3,094,286 |
|
|
21.00 |
|
1.78 |
|
0.58 |
|
0.00 |
|
0.00 |
|
0.00 |
|
23.36 |
|
|
|
|
|
5,700 |
|
|
|
|
|
|
|
07/01/19 |
|
07/01/15 |
|
06/30/19 |
|
131,670.00 |
|
07/01/09 |
|
3.50 |
|
3,420,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/01/19 |
|
06/30/14 |
|
144,837.00 |
|
07/01/15 |
|
3.50 |
|
3,762,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
07/01/19 |
|
3.50 |
|
4,138,200 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7 |
|
BANK OF AMERICA #GA8-042 |
|
4,250 |
|
1.2 |
|
09/01/13 |
|
08/31/18 |
|
09/01/18 |
|
09/01/13 |
|
08/31/18 |
|
115,770.00 |
|
|
|
|
|
|
|
|
27.24 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
27.24 |
|
|
|
|
4,250 |
|
|
|
|
|
|
|
|
|
09/01/18 |
|
08/31/18 |
|
121,550.04 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8 |
|
TJ MAX AND MORE #0679 |
|
54,775 |
|
16.0 |
|
08/29/05 |
|
10/31/15 |
|
11/01/15 |
|
11/01/12 |
|
10/05/15 |
|
520,362.48 |
|
10/06/05 |
|
2,00 |
|
24,648,750 |
N |
|
9.50 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
9.50 |
|
|
|
|
54,775 |
|
|
|
|
|
|
|
11/01/20 |
|
10/06/15 |
|
10/05/20 |
|
547,749.96 |
|
02/01/10 |
|
2.00 |
|
26,018,125 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
11/01/25 |
|
10/06/20 |
|
10/05/25 |
|
575,137.56 |
|
09/16/11 |
|
2.00 |
|
0 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/05/30 |
|
10/06/25 |
|
10/05/30 |
|
602,525.04 |
|
02/01/15 |
|
2.00 |
|
27,387,500 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10/06/30 |
|
10/31/15 |
|
629,912.52 |
|
02/01/20 |
|
2.00 |
|
28,756,875 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/25 |
|
2.00 |
|
30,126,250 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/30 |
|
2.00 |
|
31,495,625 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Vacants |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
31 |
|
Vacant |
|
1,600 |
|
0.5 |
|
|
|
|
|
|
|
|
|
|
|
27,200.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,600 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
42 |
|
Vacant |
|
4,000 |
|
1.2 |
|
|
|
|
|
|
|
|
|
|
|
60,000.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
42B |
|
Vacant |
|
2,404 |
|
0.7 |
|
|
|
|
|
|
|
|
|
|
|
48,080.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,491 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Report ID: CPT_CMROLL |
Rent Roll |
Page: 4 | |
Database: OZDBASE |
OZ/CLP Beechwood LLC |
Date: 11/04/13 | |
|
|
As of November 04, 2013 |
User ID: MDAVIS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
— Current Annual Per SF Rates — |
| ||||||||||||||
Suite |
|
|
|
Lease SF |
|
% of |
|
— Lease Dates — |
|
Renewal |
|
— Rent Dates — |
|
Annual |
|
Breakpoint |
|
% |
|
|
|
Base |
|
— Recoveries — |
|
|
|
|
| ||||||||||||
ID |
|
Tenant Name |
|
Meas. SF |
|
Bldg SF |
|
Start |
|
Expire |
|
Options |
|
Start |
|
End |
|
Base Rent |
|
Start Date |
|
Rate |
|
Breakpoint |
|
Rent |
|
CAM |
|
Ins |
|
RE Tax |
|
FC CAM |
|
Mktg |
|
Total |
| ||
51 |
|
Vacant |
|
9,229 |
|
2.7 |
|
|
|
|
|
|
|
|
|
|
|
118,961.81 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
9,229 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Totals: |
Occupied Sqft: 94.96 |
% |
324,984 |
|
|
|
|
|
|
|
|
|
|
|
|
|
3,654,825.00 |
|
|
|
|
|
|
|
|
11.25 |
|
0.97 |
|
0.06 |
|
0.62 |
|
0.00 |
|
0.00 |
|
12.90 |
|
|
|
Vacant Sqft: 5.04 |
% |
17,233 |
|
|
|
|
|
|
|
|
|
|
|
|
|
254,241.81 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Total Sqft: |
|
342,217 |
|
|
|
|
|
|
|
|
|
|
|
|
|
3,909,066.81 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Report ID: CPT_CMROLL |
Rent Roll |
|
Page: 5 |
Database: OZDBASE |
OZ/CLP Burnt Store LLC |
|
Date: 11/04/13 |
|
As of November 04, 2013 |
|
User ID: MDAVIS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
— Current Annual Per SF Rates — |
| |||||||||||||
Suite |
|
|
|
Lease SF |
|
% of |
|
— Lease Dates — |
|
Renewal |
|
— Rent Dates — |
|
Annual |
|
Breakpoint |
|
% |
|
|
|
Base |
|
— Recoveries — |
|
|
|
|
| |||||||||||
ID |
|
Tenant Name |
|
Meas. SF |
|
Bldg SF |
|
Start |
|
Expire |
|
Options |
|
Start |
|
End |
|
Base Rent |
|
Start Date |
|
Rate |
|
Breakpoint |
|
Rent |
|
CAM |
|
Ins |
|
RE Tax |
|
FC CAM |
|
Mktg |
|
Total |
| |
3115 |
|
Burnt Store Title & Escrow |
|
1,025 |
|
1.1 |
|
10/22/12 |
|
01/31/18 |
|
12/01/17 |
|
01/28/13 |
|
01/31/14 |
|
13,837.56 |
|
|
|
|
|
|
|
|
13.50 |
|
2.49 |
|
0.00 |
|
1.31 |
|
0.00 |
|
0.00 |
|
17.30 |
|
|
|
|
|
1,025 |
|
|
|
|
|
|
|
|
|
02/01/14 |
|
01/31/15 |
|
14,391.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/15 |
|
01/31/16 |
|
14,966.64 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/16 |
|
01/31/17 |
|
15,565.32 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
02/01/17 |
|
01/31/18 |
|
16,184.76 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3117 |
|
TRAVEL EASE |
|
1,025 |
|
1.1 |
|
06/01/12 |
|
05/31/15 |
|
|
|
06/01/12 |
|
05/31/15 |
|
18,450.00 |
|
|
|
|
|
|
|
|
18.00 |
|
4.52 |
|
0.00 |
|
1.23 |
|
0.00 |
|
0.00 |
|
23.75 |
|
|
|
|
|
1,025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3119 |
|
RE/MAX ANCHOR |
|
2,750 |
|
2.9 |
|
01/01/11 |
|
12/31/15 |
|
01/01/16 |
|
01/01/13 |
|
12/31/13 |
|
53,487.48 |
|
|
|
|
|
|
|
|
19.45 |
|
2.49 |
|
0.00 |
|
1.07 |
|
0.00 |
|
0.00 |
|
23.01 |
|
|
|
REALTY |
|
2,750 |
|
|
|
|
|
|
|
|
|
01/01/14 |
|
12/31/14 |
|
56,237.52 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
01/01/15 |
|
12/31/15 |
|
58,987.56 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3125 |
|
DOLLAR GENERAL |
|
7,284 |
|
7.7 |
|
03/01/13 |
|
02/29/16 |
|
03/01/16 |
|
03/01/10 |
|
02/28/14 |
|
45,670.68 |
|
03/01/10 |
|
|
|
999,999,999 |
N |
|
6.27 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
6.27 |
|
|
|
#3088 |
|
7,284 |
|
|
|
|
|
|
|
|
|
03/01/14 |
|
02/29/16 |
|
49,458.36 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
03/01/16 |
|
02/29/16 |
|
59,400.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3131 |
|
BURNT STORE GRILLE |
|
3,850 |
|
4.1 |
|
08/01/12 |
|
07/31/15 |
|
|
|
08/01/13 |
|
07/31/14 |
|
53,130.00 |
|
|
|
|
|
|
|
|
13.80 |
|
2.33 |
|
0,00 |
|
1.07 |
|
0.00 |
|
0.00 |
|
17.20 |
|
|
|
|
|
3,850 |
|
|
|
|
|
|
|
|
|
08/01/14 |
|
07/31/15 |
|
54,708.48 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3139 |
|
GNC #5576 |
|
1,625 |
|
1.7 |
|
01/01/12 |
|
12/31/13 |
|
|
|
01/01/12 |
|
12/31/13 |
|
21,498.72 |
|
01/01/04 |
|
5.00 |
|
9,999,999 |
N |
|
13.23 |
|
3.74 |
|
0.00 |
|
1.07 |
|
0.00 |
|
0.00 |
|
18.04 |
|
|
|
|
|
1,625 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3145 |
|
PUBLIX #391 |
|
42,112 |
|
44.3 |
|
04/26/10 |
|
04/25/15 |
|
04/26/15 |
|
06/01/10 |
|
04/25/15 |
|
252,672.00 |
|
01/01/91 |
|
1.00 |
|
26,951,680 |
|
|
6.00 |
|
0.70 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
6.70 |
|
|
|
|
|
42,112 |
|
|
|
|
|
|
|
04/26/20 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/26/25 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3157 |
|
SHIPPING POST |
|
3,275 |
|
3.4 |
|
12/01/12 |
|
10/31/17 |
|
|
|
06/01/13 |
|
11/30/14 |
|
39,300.00 |
|
11/01/94 |
|
5.00 |
|
357,500 |
N |
|
12.00 |
|
3.74 |
|
0.00 |
|
1.26 |
|
0.00 |
|
0.00 |
|
17.00 |
|
|
|
|
|
3,275 |
|
|
|
|
|
|
|
|
|
12/01/14 |
|
11/30/15 |
|
40,479.00 |
|
11/01/99 |
|
5.00 |
|
390,000 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12/01/15 |
|
11/30/16 |
|
41,693.40 |
|
11/01/04 |
|
5.00 |
|
450,450 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12/01/16 |
|
10/31/17 |
|
42,935.28 |
|
11/01/06 |
|
5.00 |
|
458,575 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/01/09 |
|
5.00 |
|
435,500 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/01/10 |
|
5.00 |
|
448,500 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11/01/11 |
|
5.00 |
|
461,825 |
N |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3167 |
|
FIRST CHOICE |
|
1,250 |
|
1.3 |
|
05/01/10 |
|
04/30/15 |
|
|
|
05/01/13 |
|
04/30/15 |
|
23,748.84 |
|
04/09/90 |
|
5.00 |
|
375,000 |
|
|
19.00 |
|
4.74 |
|
0.00 |
|
1.07 |
|
0.00 |
|
0.00 |
|
24.81 |
|
|
|
HAIRCUTTERS |
|
1,250 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
06/01/95 |
|
5.00 |
|
400,001 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/97 |
|
5.00 |
|
425,002 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/99 |
|
5.00 |
|
450,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10/01/00 |
|
5.00 |
|
400,001 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/01 |
|
5.00 |
|
406,250 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/02 |
|
5.00 |
|
412,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/03 |
|
5.00 |
|
418,750 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/04 |
|
5.00 |
|
424,999 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/05 |
|
5.00 |
|
431,251 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/06 |
|
5.00 |
|
437,501 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/07 |
|
5.00 |
|
443,750 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/08 |
|
5.00 |
|
450,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/09 |
|
5.00 |
|
456,250 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/13 |
|
5.00 |
|
474,977 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Report ID: CPT_CMROLL |
Rent Roll |
|
Page: 6 |
Database: OZDBASE |
OZ/CLP Burnt Store LLC |
|
Date: 11/04/13 |
|
As of November 04, 2013 |
|
User ID: MDAVIS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
— Current Annual Per SF Rates — |
| |||||||||||||||
Suite |
|
|
|
Lease SF |
|
% of |
|
— Lease Dates — |
|
Renewal |
|
— Rent Dates — |
|
Annual |
|
Breakpoint |
|
% |
|
|
|
Base |
|
— Recoveries — |
|
|
|
|
| |||||||||||||
ID |
|
Tenant Name |
|
Meas. SF |
|
Bldg SF |
|
Start |
|
Expire |
|
Options |
|
Start |
|
End |
|
Base Rent |
|
Start Date |
|
Rate |
|
Breakpoint |
|
Rent |
|
CAM |
|
Ins |
|
RE Tax |
|
FC CAM |
|
Mktg |
|
Total |
| |||
3169 |
|
SUBWAY #7638 |
|
1,250 |
|
1.3 |
|
09/01/13 |
|
08/31/18 |
|
|
|
10/01/13 |
|
08/31/14 |
|
20,000.04 |
|
|
|
|
|
|
|
|
16.00 |
|
5.36 |
|
0.00 |
|
1.07 |
|
0.00 |
|
0.00 |
|
22.42 |
| ||
|
|
|
|
1,250 |
|
|
|
|
|
|
|
|
|
09/01/14 |
|
08/31/15 |
|
21,249.96 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
09/01/15 |
|
08/31/16 |
|
21,875.04 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
09/01/16 |
|
08/31/17 |
|
22,500.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
09/01/17 |
|
08/31/18 |
|
23,124.96 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3171 |
|
COAST DENTAL |
|
1,500 |
|
1.6 |
|
10/01/10 |
|
09/30/15 |
|
|
|
10/01/13 |
|
09/30/14 |
|
30,333.12 |
|
|
|
|
|
|
|
|
20.22 |
|
3.87 |
|
0.00 |
|
1.06 |
|
0.00 |
|
0.00 |
|
25.16 |
| ||
|
|
|
|
1,500 |
|
|
|
|
|
|
|
|
|
10/01/14 |
|
09/30/15 |
|
31,015.56 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3173 |
|
Edward 0 Jones & Co |
|
980 |
|
1.0 |
|
11/01/12 |
|
10/31/15 |
|
11/01/15 |
|
11/01/12 |
|
10/31/15 |
|
12,744.00 |
|
|
|
|
|
|
|
|
13.00 |
|
2.14 |
|
0.00 |
|
1.19 |
|
0.00 |
|
0.00 |
|
16.33 |
| ||
|
|
#BR12892 |
|
980 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3175 |
|
Lets Vape |
|
1,025 |
|
1.1 |
|
08/29/13 |
|
08/31/16 |
|
09/01/16 |
|
08/29/13 |
|
08/31/14 |
|
13,325.04 |
|
08/29/13 |
|
|
|
|
N |
|
13.00 |
|
2.61 |
|
0.00 |
|
1.03 |
|
0.00 |
|
0.00 |
|
16.64 |
| ||
|
|
|
|
1,025 |
|
|
|
|
|
|
|
|
|
09/01/14 |
|
08/31/15 |
|
13,724.76 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
09/01/15 |
|
08/31/16 |
|
14,134.80 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3177 |
|
LOVELY NAILS |
|
1,125 |
|
1.2 |
|
05/01/11 |
|
04/30/16 |
|
|
|
05/01/13 |
|
04/30/14 |
|
16,875.00 |
|
05/01/98 |
|
5.00 |
|
9,999,999 |
N |
|
15.00 |
|
2.49 |
|
0.00 |
|
1.30 |
|
0.00 |
|
0.00 |
|
18.79 |
| ||
|
|
|
|
1,125 |
|
|
|
|
|
|
|
|
|
05/01/14 |
|
04/30/15 |
|
18,000.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/15 |
|
04/30/16 |
|
19,125.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
Vacants |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3111 |
|
Vacant |
|
1,628 |
|
1.7 |
|
|
|
|
|
|
|
|
|
|
|
25,266.56 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
1,628 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3113 |
|
Vacant |
|
1,400 |
|
1.5 |
|
|
|
|
|
|
|
|
|
|
|
16,100.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
1,400 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3123 |
|
Vacant |
|
1,250 |
|
1.3 |
|
|
|
|
|
|
|
|
|
|
|
18,750.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
1,250 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3135 |
|
Vacant |
|
1,650 |
|
1.7 |
|
|
|
|
|
|
|
|
|
|
|
34,930.50 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
1,650 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3137 |
|
Vacant |
|
1,650 |
|
1.7 |
|
|
|
|
|
|
|
|
|
|
|
29,700.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
1,650 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3151 |
|
Vacant |
|
1,638 |
|
1.7 |
|
|
|
|
|
|
|
|
|
|
|
22,932.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
1,638 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3153 |
|
Vacant |
|
1,637 |
|
1.7 |
|
|
|
|
|
|
|
|
|
|
|
24,555.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
1,637 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3159 |
|
Vacant |
|
2,350 |
|
2.5 |
|
|
|
|
|
|
|
|
|
|
|
35,250.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
2,350 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3165 |
|
Vacant |
|
9,504 |
|
10.0 |
|
|
|
|
|
|
|
|
|
|
|
66,528.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
9,504 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3179 |
|
Vacant |
|
1,440 |
|
1.5 |
|
|
|
|
|
|
|
|
|
|
|
16,560.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
1,440 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
OUT1 |
|
Vacant |
|
800 |
|
0.8 |
|
|
|
|
|
|
|
|
|
|
|
40,000.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
800 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Totals: |
|
Occupied Sqft: |
|
73.75 |
% |
70,076 |
|
|
|
|
|
|
|
|
|
|
|
|
|
615,072.48 |
|
|
|
|
|
|
|
|
8.78 |
|
1.38 |
|
0.00 |
|
0.33 |
|
0.00 |
|
0.00 |
|
10.49 |
|
|
|
Vacant Sqft: |
|
26.25 |
% |
24,947 |
|
|
|
|
|
|
|
|
|
|
|
|
|
330,572.06 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Sqft: |
|
|
|
95,023 |
|
|
|
|
|
|
|
|
|
|
|
|
|
945,644.54 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Report ID: CPT_CMROLL |
Rent Roll |
|
Page: 7 |
Database: OZDBASE |
OZ/CLP Clay LLC |
|
Date: 11/04/13 |
|
As of November 04, 2013 |
|
User ID: MDAVIS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
— Current Annual Per SF Rates — |
| |||||||||||||||
Suite |
|
|
|
Lease SF |
|
% of |
|
— Lease Dates — |
|
Renewal |
|
— Rent Dates — |
|
Annual |
|
Breakpoint |
|
% |
|
|
|
Base |
|
— Recoveries — |
|
|
|
|
| |||||||||||||
ID |
|
Tenant Name |
|
Meas. SF |
|
Bldg SF |
|
Start |
|
Expire |
|
Options |
|
Start |
|
End |
|
Base Rent |
|
Start Date |
|
Rate |
|
Breakpoint |
|
Rent |
|
CAM |
|
Ins |
|
RE Tax |
|
FC CAM |
|
Mktg |
|
Total |
| |||
1 |
|
Dang’s Alterations |
|
900 |
|
1.4 |
|
11/01/12 |
|
10/31/15 |
|
|
|
11/01/12 |
|
10/31/15 |
|
13,200.00 |
|
|
|
|
|
|
|
|
14.67 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
14.67 |
| ||
|
|
|
|
900 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
12-15 |
|
Subway #25644 |
|
1,508 |
|
2.3 |
|
04/01/11 |
|
03/31/18 |
|
|
|
04/01/11 |
|
03/31/18 |
|
27,897.96 |
|
04/19/04 |
|
3.00 |
|
854,532 |
|
|
18.50 |
|
5.97 |
|
0.00 |
|
1.26 |
|
0.00 |
|
0.00 |
|
25.73 |
| ||
|
|
|
|
1,508 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05/01/07 |
|
3.00 |
|
879,668 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
04/01/11 |
|
3.00 |
|
929,932 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
13 |
|
PASQUALE’S |
|
1,508 |
|
2.3 |
|
11/01/10 |
|
10/31/15 |
|
|
|
11/01/13 |
|
10/31/14 |
|
19,604.04 |
|
|
|
|
|
|
|
|
13.00 |
|
3.02 |
|
0.00 |
|
1.08 |
|
0.00 |
|
0.00 |
|
17.10 |
| ||
|
|
|
|
1,508 |
|
|
|
|
|
|
|
|
|
11/01/14 |
|
10/31/15 |
|
21,111.96 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
3 |
|
CHINA KITCHEN |
|
1,040 |
|
1.6 |
|
09/25/12 |
|
09/30/17 |
|
10/01/17 |
|
09/25/12 |
|
09/30/15 |
|
15,600.00 |
|
09/25/12 |
|
|
|
|
N |
|
15.00 |
|
2.68 |
|
0.00 |
|
1.30 |
|
0.00 |
|
0.00 |
|
18.98 |
| ||
|
|
|
|
1,040 |
|
|
|
|
|
|
|
|
|
10/01/15 |
|
09/30/17 |
|
16,119,96 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
4 |
|
Spirit Locker |
|
1,000 |
|
1.5 |
|
10/01/09 |
|
09/30/14 |
|
10/01/14 |
|
10/01/12 |
|
09/30/14 |
|
16,500.00 |
|
|
|
|
|
|
|
|
16.50 |
|
5.28 |
|
0.20 |
|
1.26 |
|
0.00 |
|
0.00 |
|
23.24 |
| ||
|
|
|
|
1,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
5 |
|
Super Nail / CHA NAIL |
|
1,040 |
|
1.6 |
|
01/01/10 |
|
12/31/14 |
|
|
|
01/01/13 |
|
12/31/14 |
|
20,799.96 |
|
|
|
|
|
|
|
|
20.00 |
|
8.65 |
|
0.00 |
|
1.82 |
|
0.00 |
|
0.00 |
|
30.47 |
| ||
|
|
|
|
1,040 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
6A |
|
J & H Diamonds |
|
1,080 |
|
1.6 |
|
04/01/13 |
|
03/31/16 |
|
|
|
04/01/13 |
|
03/31/15 |
|
15,360.00 |
|
|
|
|
|
|
|
|
14.22 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
14.22 |
| ||
|
|
|
|
1,080 |
|
|
|
|
|
|
|
|
|
04/01/15 |
|
03/31/16 |
|
16,560.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
6B-1 |
|
Phil Rose Shoes |
|
2,754 |
|
4.2 |
|
09/01/12 |
|
08/31/15 |
|
|
|
09/01/13 |
|
08/31/14 |
|
28,800.00 |
|
06/01/09 |
|
|
|
999,999,999 |
N |
|
10.46 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
10.46 |
| ||
|
|
|
|
2,754 |
|
|
|
|
|
|
|
|
|
09/01/14 |
|
08/31/15 |
|
31,200.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
6B-2 |
|
HEADSTART / Regis |
|
1,487 |
|
2.2 |
|
10/01/13 |
|
09/30/16 |
|
|
|
10/01/11 |
|
09/30/16 |
|
26,022,48 |
|
09/25/04 |
|
4.00 |
|
594,801 |
|
|
17.50 |
|
5.33 |
|
0.22 |
|
1.26 |
|
0.00 |
|
0.00 |
|
24.31 |
| ||
|
|
Corp. |
|
1,487 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10/01/07 |
|
4.00 |
|
613,374 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10/01/09 |
|
4.00 |
|
557,625 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10/01/10 |
|
4.00 |
|
650,562 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
A |
|
Trussville Health & |
|
2,442 |
|
3.7 |
|
10/01/11 |
|
09/30/16 |
|
|
|
10/01/11 |
|
09/30/16 |
|
37,704.48 |
|
|
|
|
|
|
|
|
15.44 |
|
4.08 |
|
0.00 |
|
1.28 |
|
0.00 |
|
0.00 |
|
20.80 |
| ||
|
|
Wellness |
|
2,442 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
C |
|
Publix #1069 |
|
44,840 |
|
67.8 |
|
02/25/04 |
|
01/31/24 |
|
02/01/24 |
|
02/25/04 |
|
01/31/24 |
|
526,869.96 |
|
02/25/04 |
|
1.00 |
|
52,686,996 |
|
|
11.75 |
|
1.10 |
|
0.00 |
|
0.00 |
|
0.00 |
|
0.00 |
|
12.85 |
| ||
|
|
|
|
44,840 |
|
|
|
|
|
|
|
02/01/29 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
02/01/34 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
02/01/39 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
02/01/44 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
02/01/49 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||
Vacants |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
2 |
|
Vacant |
|
1,963 |
|
3.0 |
|
|
|
|
|
|
|
|
|
|
|
32,095.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
2,100 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
9-10 |
|
Vacant |
|
1,545 |
|
2.3 |
|
|
|
|
|
|
|
|
|
|
|
8,404.80 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
1,549 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
E |
|
Vacant |
|
3,058 |
|
4.6 |
|
|
|
|
|
|
|
|
|
|
|
44,341.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
3,058 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||
Totals: |
|
Occupied Sqft: |
|
90.08 |
% |
59,599 |
|
|
|
|
|
|
|
|
|
|
|
|
|
748,358.88 |
|
|
|
|
|
|
|
|
12.56 |
|
1.64 |
|
0.01 |
|
0.22 |
|
0.00 |
|
0.00 |
|
14.43 |
|
|
|
Vacant Sqft: |
|
9.92 |
% |
6,566 |
|
|
|
|
|
|
|
|
|
|
|
|
|
84,840.85 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Sqft |
|
|
|
66,165 |
|
|
|
|
|
|
|
|
|
|
|
|
|
833,199.73 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Report ID: CPT_CMROLL |
Rent Roll |
|
Page: 8 |
Database: OZDBASE |
OZ/CLP Hunter’s Creek LLC |
|
Date: 11/04/13 |
|
As of November 04, 2013 |
|
User ID: MDAVIS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
— Current Annual Per SF Rates — |
| |||||||||||||
Suite |
|
|
|
Lease SF |
|
% of |
|
— Lease Dates — |
|
Renewal |
|
— Rent Dates — |
|
Annual |
|
Breakpoint |
|
% |
|
|
|
Base |
|
— Recoveries — |
|
|
|
|
| |||||||||||
ID |
|
Tenant Name |
|
Meas. SF |
|
Bldg SF |
|
Start |
|
Expire |
|
Options |
|
Start |
|
End |
|
Base Rent |
|
Start Date |
|
Rate |
|
Breakpoint |
|
Rent |
|
CAM |
|
Ins |
|
RE Tax |
|
FC CAM |
|
Mktg |
|
Total |
| |
101 |
|
Hunter’s Creek Cleaners |
|
1,400 |
|
0.6 |
|
09/01/12 |
|
10/31/17 |
|
|
|
11/01/13 |
|
10/31/14 |
|
31,724.04 |
|
|
|
|
|
|
|
|
22.66 |
|
2.32 |