PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • February 21st, 2018 • Reliance Real Estate Trust, LLC • Real estate investment trusts • New York
This Real Estate Purchase and Sale Agreement (the “Agreement”) is made as of January 30, 2018, by and between Reliance Joint Venture, LLC (“Seller”) and Reliance Real Estate Trust, LLC, a Delaware Limited Liability Corporation (“Buyer”). Buyer hereby agrees to purchase and Seller hereby agrees to sell, 48.99% of the membership interest in Reliance Property Group, LLC, (the “Joint Venture”) which owns, through one or more special purpose entities, or “Property Subsidiaries,” (collectively, the “Initial Portfolio”), certain real property more particularly described on Exhibit A attached hereto (the “Properties”).
