PURCHASE AND SALE CONTRACTPurchase and Sale Contract • August 19th, 2009 • Consolidated Capital Institutional Properties 3 • Real estate investment trusts • Florida
THIS PURCHASE AND SALE CONTRACT (this “Contract”) is entered into as of the 14 th day of August, 2009 (the “Effective Date”), by CCIP/3 SANDPIPER, LLC, a Delaware limited liability company (“ Seller”), having an address at 4582 South Ulster Street Parkway, Suite 1100, Denver, Colorado 80237 and DT GROUP DEVELOPMENT, INC., a California corporation, having a principal address at 5355 Cartwright Avenue, Suite 317, North Hollywood, California 91601 (“ Purchaser”).
