PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • April 8th, 2024 • Generation Income Properties, Inc. • Real estate investment trusts
THIS PURCHASE AND SALE AGREEMENT ("Agreement") is made and entered into as of the Effective Date (hereinafter defined) by and between GIPAL JV 15091 SW ALABAMA 20, LLC, a Delaware limited liability company (“Seller”), with an address of 401 East Jackson Street, Suite 3300, Tampa, Florida 33602, Attn: David Sobelman; Email: ds@gipreit.com, with a required copy to Trenam Law, 200 Central Avenue, Suite 1600, St. Petersburg, Florida 33702, Attn: Timothy M. Hughes, Esq., Email: thughes@trenam.com, and 144 Property Group, LLC, a New York limited liability company ("Purchaser"), with an address of 144 W 76th St. N, New York, New York 10023, Attn: Michael Breskin, Steve Breskin and Taniesha Savery, Email: mbreskin@144propertygroup.com; sbreskin@144propertygroup.com; and tsavery@144propertygroup.com, with a required copy to Maynard Nexsen, P.C. 655 Gallatin Street, Huntsville, Alabama 35801, Attn: Graham Burgess, Email: gburgess@maynardnexsen.com.
