EXHIBIT 10.2
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Carlyle Real Estate Limited Partnership-XIII
c/o JMB Realty Corporation
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September 3, 1997
Parkway Properties, L.P.
One ▇▇▇▇▇▇▇ Place
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Attention: Mr. ▇▇▇▇▇ ▇▇▇▇▇▇
Re: FIRST TENNESSEE PLAZA
Ladies and Gentlemen:
Reference is made to that certain Purchase Agreement (the
"Agreement") dated as of August 20, 1997, by and between Carlyle Real
Estate Limited Partnership-XIII, an Illinois limited partnership
("Seller"), and Parkway Properties, L.P., a Delaware limited partnership
("Buyer"). Initially capitalized terms not otherwise defined herein shall
have the meanings ascribed to such terms in the Agreement.
In consideration of the mutual promises and undertakings of the
parties, and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto hereby
agree as follows:
1. EXTENSION OF CLOSING DATE. Notwithstanding anything to the
contrary set forth in the Agreement, the Closing Date is hereby extended
until September 19, 1997.
2. COUNTERPARTS. This letter agreement may be executed in
counterparts, each of which shall be deemed an original, and all of which
shall together constitute one letter agreement.
Please indicate your consent to the foregoing by signing where noted
below.
Very truly yours,
CARLYLE REAL ESTATE LIMITED PARTNERSHIP-XIII,
an Illinois limited partnership
By: JMB REALTY CORPORATION,
a Delaware corporation,
Corporate General Partner
By:
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Name:
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Title:
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AGREED TO AS OF
SEPTEMBER __, 1997
PARKWAY PROPERTIES, L.P.,
a Delaware limited partnership
By: PARKWAY PROPERTIES GENERAL
PARTNERS, INC.,
a Delaware corporation,
its General Partner
By:
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Name:
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Title:
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By:
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Name:
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Title:
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cc: Mr. ▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Esq.
▇▇. ▇▇▇▇▇ ▇▇▇▇▇
▇▇▇▇▇▇ ▇. ▇▇▇▇▇, Esq.
