PURCHASE AND SALE AGREEMENT by and between SUNTRUST BANK, A GEORGIA BANKING CORPORATION and INLAND REAL ESTATE ACQUISITIONS, INC., AN ILLINOIS CORPORATION Effective Date: September 27, 2007 EXECUTION COPYPurchase and Sale Agreement • December 14th, 2007 • Inland American Real Estate Trust, Inc. • Real estate investment trusts • Georgia
THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made to be effective as of September 27, 2007, by and between SUNTRUST BANK, a Georgia banking corporation (“Seller”), and INLAND REAL ESTATE ACQUISITIONS, INC., an Illinois corporation (“Buyer”).
ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE AGREEMENTAssignment and Assumption of Purchase and Sale Agreement • December 14th, 2007 • Inland American Real Estate Trust, Inc. • Real estate investment trusts
For good and valuable consideration the receipt and sufficiency of which is hereby acknowledged, the undersigned, INLAND REAL ESTATE ACQUISITIONS, INC., an Illinois corporation, (“Assignor”) hereby assigns to INLAND AMERICAN ST PORTFOLIO, L.L.C., a Delaware limited liability company, (“Assignee”) all of Assignor’s right, title and interest as a party to that certain Purchase and Sale Agreement (the “Purchase Agreement”) by and between INLAND REAL ESTATE ACQUISITIONS, INC., (“Buyer”), and SUNTRUST BANK, a Georgia banking corporation, (“Seller”), dated September 27, 2007, as amended, with respect to the purchase and sale of those certain parcel(s) of land more fully defined on Exhibit A, attached hereto (the “Property”).
