PURCHASE AND SALE CONTRACTPurchase and Sale Contract • August 19th, 2009 • Consolidated Capital Institutional Properties 3 • Real estate investment trusts • Florida
Contract Type FiledAugust 19th, 2009 Company Industry JurisdictionTHIS 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”).