Purchase and Sale Agreement and Escrow Instructions dated March 21, 2011 by and between G&E HC REIT II Dixie-Lobo MOB Portfolio, LLC, a Delaware limited liability company (“Buyer”) and TMB-Alice, L.P., a Delaware limited partnership (“Alice Seller”);...Purchase and Sale Agreement • March 25th, 2011 • Grubb & Ellis Healthcare REIT II, Inc. • Real estate investment trusts • Delaware
Contract Type FiledMarch 25th, 2011 Company Industry JurisdictionTHIS PURCHASE AND SALE AGREEMENT and ESCROW INSTRUCTIONS (this “Agreement”) is entered into as of this 21st day of March, 2011 (the “Effective Date”), by and among TMB-ALICE, L.P., a Delaware limited partnership (“Alice Seller”), CARLSBAD-TMB, LLC, a Delaware limited liability company (“Carlsbad Seller”), HOBBS-TMB, LLC, a Delaware limited liability company (“Hobbs Seller”), HOPE-TMB, LLC, a Delaware limited liability company (“Hope Seller”), TMB-LAKE CHARLES, L.P., a Delaware limited partnership (“Lake Charles Seller”), TMB-LUFKIN, L.P., a Delaware limited partnership (“Lufkin Seller”), VICTORIA-TMB, L.P., a Delaware limited partnership (“Victoria Seller”), TMB-I, L.P., a Delaware limited partnership (“Wharton Seller”); G&E HC REIT II DIXIE-LOBO MOB PORTFOLIO, LLC, a Delaware limited liability company (“Buyer”); and First American Title Insurance Company (“Escrow Agent”). Alice Seller, Carlsbad Seller, Hobbs Seller, Hope Seller, Lake Charles Seller, Lufkin Seller, Victoria Seller, and