2016 11-7 NOTICE OF CHANGE OF OWNERSHIP - CI PHX I-GW LLC.PDF
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Colony Capital, Inc. 515 South Flower Street, 44th Floor Los Angeles, CA 90071 September 21, 2016 VIA FEDERAL EXPRESS Maricopa County Maricopa County, ATTN: Real Estate Department 301 West Jefferson, Suite 100, Phoenix, Arizona 85003 Re: Notice of Change of Ownership of 2115, 2125, 2135, and 2145 South 11th Avenue, Phoenix, AZ 85007, Unit G170(the "Property") Ladies and Gentlemen: Please be advised that: 1. As of the date hereof, ColFin 2015-7 Industrial Owner, LLC, a Delaware limited liability company, (the "Previous Owner") has transferred, sold, assigned and conveyed the Property to CI PHX I-GW, LLC, a Delaware limited liability company (the "New Owner") via the deed attached here to as Exhibit A. New Owner is an affiliate of and under common control with Previous Owner. Your lease, together with any guaranties thereof or any letters of credit delivered in connection therewith (collectively, the "Lease"), has been assigned to New Owner via the Assignment and Assumption Agreement attached hereto as Exhibit B, and such Lease remains for the benefit of New Owner. 2. After the date hereof, New Owner hereby irrevocably instructs and authorizes you to deliver all Rent to the following address: PO Box 209263 Austin, TX 78720-9263 Electronic Payment: Available via rCash COLLECT Payment Services Tenant Portal User Name and Password to be provided Email Accounts Receivable: colfinargcolonyinc.com The instructions set forth herein are irrevocable and are not subject to modification in any manner, except that New Owner may by written notice to you rescind the instructions contained herein. Please refer to the W-9 attached hereto as Exhibit C for your records. 3. After the date hereof, you should send all notices permitted or required under your Lease to: CI PHX I-GW, LLC 13727 Noel Road, Suite 750 Dallas, TX 75240 Attention: Asset Manager With a copy to: Magaly Marsanico Property Manager RiverRock Real Estate Group 2720 E. Camelback Road, Suite 210 Phoenix, AZ 85016 4. New Owner continues to be responsible for holding your security deposit in accordance with the terms of your Lease. 5. New Owner should be named as an additional insured under the insurance policies to be maintained by you in accordance with the terms of your Lease. [SIGNATURES ON FOLLOWING PAGE] Sincerely, ColFin 2015-7 Industrial Owner, LLC, a Delaware limited liability company By; Name: Lewis D. Friedland Title: Managing Director CI PHX I-GW, LLC, a Delaware limited liability company By: Name: Lewis D. Friedland Title: Managing Director EXHIBIT A Deed EXHIBIT B Assignment and Assumption Agreement EXHIBIT C W-9