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ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE AGREEMENT

Assumption Agreement

ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE AGREEMENT | Document Parties: GRUBB & ELLIS HEALTHCARE REIT, INC. | BRCP Highlands Ranch, LLC | G&E HEALTHCARE REIT COUNTY LINE ROAD, LLC | TRIPLE NET PROPERTIES, LLC You are currently viewing:
This Assumption Agreement involves

GRUBB & ELLIS HEALTHCARE REIT, INC. | BRCP Highlands Ranch, LLC | G&E HEALTHCARE REIT COUNTY LINE ROAD, LLC | TRIPLE NET PROPERTIES, LLC

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Title: ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE AGREEMENT
Date: 12/27/2007

ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE AGREEMENT, Parties: grubb & ellis healthcare reit  inc. , brcp highlands ranch  llc , g&e healthcare reit county line road  llc , triple net properties  llc
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ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE AGREEMENT

THIS ASSIGNMENT AND ASSUMPTION OF PURCHASE AND SALE AGREEMENT (this “ Assignment ”) is made and entered into as of December 19, 2007, by and between TRIPLE NET PROPERTIES , LLC , a Virginia limited liability company (“ Assignor ”), and G&E HEALTHCARE REIT COUNTY LINE ROAD , LLC , a Delaware limited liability company (“ Assignee ”), with reference to the following Recitals:

R E C I T A L S

A. Assignor is the “Purchaser” under that certain Purchase and Sale Agreement dated November 29, 2007, by and between BRCP Highlands Ranch, LLC, a Delaware limited liability company and Assignor (the “ Purchase Agreement ”), wherein Assignor agreed to purchase that certain improved real property commonly known as Highlands Ranch Healthcare Plaza, located at 200 & 206 West County Line Road, Highlands Ranch, County of Douglas, Colorado, as more particularly described in the Purchase Agreement, on the terms and conditions set forth in the Purchase Agreement.

B. Assignor desires to assign and transfer to Assignee, and Assignee desires to


 
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