Wells Core Office Income REIT, Inc. SubsidiariesWells Core Office Income Reit Inc • October 11th, 2011 • Real estate investment trusts
PURCHASE AND SALE AGREEMENT WESTWAY II Houston, Texas BETWEEN DNA WESTWAY II, LTD., a Texas limited partnership AS SELLER AND WELLS CORE OFFICE INCOME REIT ADVISORY SERVICES, LLC, a Georgia limited liability company AS PURCHASER August 4, 2011Purchase and Sale Agreement • October 11th, 2011 • Wells Core Office Income Reit Inc • Real estate investment trusts • Texas
THIS PURCHASE AND SALE AGREEMENT (the “Agreement”), dated as of the 4th day of August, 2011 (the “Effective Date”), is made by and between DNA WESTWAY II, LTD., a Texas limited partnership (“Seller”), and WELLS CORE OFFICE INCOME REIT ADVISORY SERVICES, LLC, a Georgia limited liability company (“Purchaser”).
ASSIGNMENT OF PURCHASE AGREEMENTAssignment of Purchase Agreement • October 11th, 2011 • Wells Core Office Income Reit Inc • Real estate investment trusts
This Assignment of Purchase Agreement (the “Assignment”), made this 28th day of September, 2011, by and between WELLS CORE OFFICE INCOME REIT ADVISORY SERVICES, LLC, a Georgia limited liability company (“Assignor”), and WELLS CORE REIT – WESTWAY II HOUSTON, LLC, a Delaware limited liability company (“Assignee”).
Wells Core Office Income REIT, Inc. Norcross, Georgia 30092Letter Agreement • October 11th, 2011 • Wells Core Office Income Reit Inc • Real estate investment trusts • Georgia
This letter agreement (the “Agreement”) between Wells Core Office Income REIT, Inc. (the “Company”) and Wells Core Office Income REIT Advisory Services, LLC (the “Advisor”) sets forth the parties’ understanding with respect to limitations on (i) the consideration that may be payable to the Advisor or its Affiliates in the event that the Company ever decides to become self-managed and pursue an acquisition of the Advisor or any of its Affiliates in order to internalize the Company’s management functions (an “Internalization Transaction”) and (ii) the Company’s ability to solicit employees of the Advisor or its Affiliates for employment without the Advisor’s consent. These limitations are in addition to those set forth in the Company’s charter. Capitalized terms used but not defined herein shall have the respective meanings given to such terms in the Second Amended and Restated Advisory Agreement between the Company and the Advisor, dated June 7, 2011.
FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • October 11th, 2011 • Wells Core Office Income Reit Inc • Real estate investment trusts
THIS FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT (the “First Amendment”) is dated effective as of the 21st day of September, 2011, and is to be and become part of that certain Purchase and Sale Agreement between DNA WESTWAY II, LTD., Texas limited partnership, as Seller therein, and WELLS CORE OFFICE INCOME REIT ADVISORY SERVICES, LLC, a Georgia limited liability company, as Purchaser therein, dated as of August 4, 2011, (the “Agreement”) for the purchase and sale of certain property (the “Property”) containing all that tract or parcel of real property located in Houston, Texas and as more particularly described in the Agreement.
