FOURTH AMENDMENT TO AGREEMENT OF PURCHASE AND SALE
[James Center, Tacoma, Pierce County, Washington]
THIS FOURTH AMENDMENT TO PURCHASE AND SALE AGREEMENT (this "Fourth
Amendment") is made as of the 8th day of February, 1999, by and among JS - JAMES CENTER
ASSOCIATES, L. P., a Washington limited partnership, acting herein by and through its general partner,
Johnson Capital Corp. ("Seller") and PACIFIC RETAIL TRUST, a Maryland real estate investment trust
("Purchaser").
W I T N E S S E T H:
WHEREAS, Seller and Purchaser have heretofore entered into that certain Agreement of Purchase and Sale
dated October 6, 1998, as amended by that certain First Amendment to Agreement of Purchase and Sale dated
November 24, 1998, that certain Second Amendment to Agreement of Purchase and Sale dated December __,
1998 and that certain Third Amendment to Agreement of Purchase and Sale dated January 25, 1999 (as
amended, the "Agreement"), pertaining to the real property located in Tacoma, Pierce County, Washington, such
real property being more particularly described in the Agreement;
WHEREAS, Seller and Purchaser hereby desire to amend the Agreement as more particularly set forth below;
NOW THEREFORE, for and in consideration of Ten Dollars ($10.00) and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, Seller and
Purchaser agree as follows:
1. All capitalized terms used herein shall have the same meaning as defined in the Agreement, unless otherwise
defined in this Fourth Amendment.
2. The Purchase Price is hereby reduced to Twelve Million Four Hundred Thousand and No/100 Dollars
($12,400,000.00).
3. Purchaser has agreed to give Fred Meyer an aggregate rental reduction of $30,000.00 per year. Accordingly,
it is understood and agreed that Purchaser shall receive a credit against the Purchase Price at Closing in the
amount of One Hundred Thousand and No/100 Dollars ($100,000.00) pursuant to Paragraph 1.4 of the
Agreement, which w