EXHIBIT 10.90
ASSIGNMENT OF CONTRACT
FOR VALUE RECEIVED, Inland Real Estate Acquisitions, Inc., an Illinois
corporation ("Assignor") hereby sells, assigns and transfers to Inland Western
Spartanburg, L.L.C., a Delaware limited liability company, Assignee, all of
Assignor's right, title and interest in, to and under that certain purchase and
sale agreement dated November 7, 2003 as amended by that certain Amendment To
Contract ( collectively the "Contract") for the sale and purchase of the
approximately 386,894 net rentable square feet of the ▇▇▇▇▇▇ Center Shopping
Centre located on approximately 50 acres of land at ▇▇▇▇▇▇▇▇▇▇ Road and W.O.
▇▇▇▇▇ Road, Spartanburg, South Carolina and consisting of 5 phases known as the
Wal Mart Tract, Shop Tract 1, Shop Tract 2, Shop Tract 3 and Phase II.
IN WITNESS WHEREOF, the Assignor has duly executed this Assignment as of
the 29th day of December 29, 2003.
ASSIGNOR:
INLAND REAL ESTATE ACQUISITIONS,
INC., an Illinois corporation
By: /s/ ▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
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▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ - President
ACCEPTANCE OF ASSIGNMENT OF CONTRACT
The undersigned, Inland Western Spartanburg, L.L.C., a Delaware limited
liability company, Assignee, hereby accepts the foregoing Assignment of Contract
and assumes all obligations of the buyer thereunder.
Dated: December 29, 2003
ASSIGNEE:
INLAND WESTERN SPARTANBURG,
L.L.C., a Delaware limited liability company
By: Inland Retail Real Estate Trust, Inc., a
Maryland corporation, its sole member
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Assistant Secretary