Exhibit 10.55



 Exhibit 10.55 

Execution Version 

INTEREST PURCHASE AGREEMENT 

THIS INTEREST PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of December 28, 2015, by and between
bcIMC (USA) Realty Div 2A LLC, a Delaware limited liability company (the “Purchaser”), and IPT BTC I LP LLC, a Delaware limited liability company (the “Seller”). 

WHEREAS, the Seller and Affiliates of the Purchaser are Limited Partners of Build-To-Core Industrial Partnership I LP, a Delaware limited
partnership (the “Partnership”); 
 WHEREAS, the Seller’s Interest (“Seller’s Interest”) in the
Partnership represents a 50.9% Percentage Interest in the Partnership; and 
 WHEREAS, the Seller desires to sell a portion of Seller’s
Interest equal to a 31.0% Percentage Interest in the Partnership (the “Acquired Interest”) to the Purchaser, and the Purchaser desires to purchase the Acquired Interest from the Seller pursuant to the terms and conditions of this
Agreement. 
 NOW, THEREFORE, the parties hereto agree as follows: 

1. Definitions. Capitalized terms used in this Agreement and not otherwise defined herein shall have the meanings given to such terms
in Exhibit A attached hereto. 
 2. Sale and Purchase of the Acquired Interest; Closing. 

(a) Purchase and Sale. At the Closing, the Seller shall sell, transfer, assign, convey and deliver to the Purchaser, and the Purchaser shall
purchase and accept from the Seller, all right, title and interest of the Seller in and to the Acquired Interest, free and clear of any and all Liens. Each party hereto shall deliver such other documents, and take such actions, as are reasonably
required under the Organizational Documents and applicable law in order to effectuate the consummation of the transactions contemplated hereby. 

(b) Purchase Price. The purchase price payable in consideration for the sale, transfer, assignment, conveyance and delivery of the Acquired
Interest by the Seller to the Purchaser shall be equal to $49,408,751.24 (the “Purchase Price”); provided, that (x) in the event the Seller makes a Capital Contribution to the Partnership in respect of the Acquired Interest following
the date hereof but prior to the Closing, the Purchase Price shall be increased dollar-for-dollar by the amount of such Capital Contribution in respect of the Acquired Interest and (y) in the event the Partnership distributes Cash Available for
Distribution to the Seller pursuant to Section 5.2 of the Partnership Agreement in respect of the Acquired Interest following the date hereof but prior to the Closing, the Purchase Price shall be decreased dollar-for-dollar by the amount of
such distributed Cash Available for Distribution in respect of the Acquired Interest (the Purchase Price as finally determined in accordance with the foregoing proviso shall be deemed the “Purchase Price” for all purposes of this
Agreement). No later than two (2) Business Days prior the Closing, the Seller shall deliver to the Purchaser a written statement setting forth the Purchase Price as finally determined in accordance with the immediately preceding sentence.








 
At the Closing, the Purchaser shall pay the Purchase Price via wire transfer to the account of the Seller identified on Exhibit B attached hereto (or as otherwise provided by Seller in writing),
in immediately available funds (the “Cash Payment”). 
 (c) Closing. The closing of the transactions contemplated by this
Agreement (the “Closing”) shall take place at or before 1:00 p.m. New York City time on January 7, 2016 (the “Closing Date”) at the offices of Kirkland & Ellis LLP, 601 Lexington Avenue, New York, New York, unless
another time, date or place is agreed to in writing by the Purchaser and the Seller; provided, that either the Seller or the Purchaser shall have the right to extend the Closing Date one or more times through and including January 30, 2016. At
the Closing: 
 (i) the Purchaser or its designee shall pay or cause to be paid to the Seller the Cash Payment in accordance
with Section 2(b); and 
 (ii) the closing certificates and other documents to be delivered pursuant to
Section 2(d) by the Seller and Section 2(e) by the Purchaser with respect to the Closing will be exchanged. 
 (d)
Conditions to the Obligations of the Purchaser. The obligations of the Purchaser to consummate the transactions contemplated by this Agreement are subject to the fulfillment by the Seller, on or before the Closing, of each of the following
conditions, unless otherwise waived by the Purchaser: 
 (i) the representations and warranties of the Seller contained in
this Agreement shall be true and correct in all material respects as of the Closing as though made on and as of the Closing; 

(ii) the Seller shall have performed and complied with all covenants, agreements, obligations and conditions contained in this
Agreement that are required to be performed or complied with by Seller on or before the Closing; 
 (iii) at the Closing, the
Seller shall have delivered to Purchaser a certificate of any authorized officer of the Seller, dated as of the Closing Date, to the effect that the conditions specified in Section 2(d)(i) and Section 2(d)(ii) have been
satisfied by the Seller; 
 (iv) at the Closing, the Seller shall deliver to the Purchaser a non-foreign affidavit dated as
of the Closing Date, sworn under penalty of perjury and in form and substance required under the Treasury Regulations issued pursuant to Code §1445 stating that Seller is not a “foreign person” as defined in Code §1445; 

(v) prior to or at the Closing, the Seller shall have delivered to the Purchaser a certified copy of the resolutions adopted by
the board of directors of the Seller authorizing the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby; 

(vi) at the Closing, the Purchaser shall have received from Seller the Second Amended and Restated Agreement of Limited
Partnership of the Partnership, 

  
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dated as of the Closing Date, substantially in the form attached hereto as Exhibit C (the “LPA”), duly executed by each of the Seller and IPT BTC I GP LLC, a Delaware
limited liability company (“IPT GP”); 
 (vii) at the Closing, the Seller shall have delivered to Purchaser
the written consent of each of the Seller and IPT GP consenting to the consummation of the transactions contemplated hereby and waiving any rights of the Seller or IPT GP pursuant to Sections 8.1(c) of the Partnership Agreement with respect to the
Acquired Interest (other than any restrictions on subsequent transfer arising under the Partnership Agreement); 
 (viii) at
the Closing, the Seller shall have delivered to the Purchaser an assignment and assumption agreement substantially in the form attached hereto as Exhibit D (the “Assignment”), duly executed by the Seller; 

(ix) prior to or at the Closing, the Seller shall have delivered to the Purchaser an amendment and restatement to the Credit
Agreement, dated as of June 5, 2015, by and among BTC Intermediate Holdco LP (“Holdco”), as Borrower, the Partnership, as Parent JV Guarantor, and each of the Subsidiary Guarantors party thereto, Regions Bank and the other
Lenders that are party thereto, Regions Bank as Agent, US Bank National Association as Syndication Agent, Regions Capital Markets and US Bank National Association as Joint Lead Arrangers and Joint Book Runner, pursuant to which, among other changes,
(A) each of the existing Subsidiary Guarantors shall be converted to Co-Borrowers, (B) future owners of any Collateral Property shall be Co-Borrowers rather than Subsidiary Guarantors and (C) Holdco shall be converted from a Borrower
to a Guarantor (the “Credit Transaction”); 
 (x) at the Closing, the Seller shall have delivered to the
Purchaser a transfer agreement substantially in the form attached hereto as Exhibit E (the “Transfer Agreement”), duly executed by the Seller, IPT BTC I GP LLC and the Partnership; and 

(xi) at the Closing, the Seller shall have delivered to the Purchaser an agreement duly executed by an Affiliate of the Seller
(the “IPT Administrative Manager”), in form and substance reasonably satisfactory to each of the IPT Administrative Manager and the Purchaser and to be agreed upon prior to the Closing (the “IPT Management
Agreement”), pursuant to which the IPT Administrative Manager shall provide certain management and administrative services to the Purchaser in connection with the Purchaser’s investment in the Acquired Interest, which services shall
include, without limitation, making necessary governmental filings (based upon advice from the Purchaser’s tax and regulatory counsel), maintaining the Purchaser as a limited liability company in good standing in the State of Delaware, making
banking arrangements for the Purchaser, managing disbursements and repayments under credit agreements pursuant to which the Purchaser will fund its share of capital contributions to the Partnership, making distributions of available cash held by the
Purchaser to the sole member of the Purchaser, maintaining books and records for the Purchaser, and providing budgets and reports of the Purchaser’s operations to the sole member of the Purchaser (collectively, the “Investment
Services”). The IPT Management Agreement shall provide 

  
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for the Purchaser to reimburse the IPT Administrative Manager for its costs and third party costs incurred in connection with the Investment Services, but shall not include any fees payable to
the IPT Administrative Manager. Notwithstanding the foregoing, the IPT Management Agreement (A) shall not transfer to the IPT Administrative Manager any rights of the Purchaser as a limited partner under the LPA, which rights shall be exercised
by the Purchaser in accordance with the LPA exclusively through its sole member, (B) shall contain customary rights and obligations of the parties thereto, including the indemnification of the IPT Administrative Manager, its Affiliates and
their respective agents, officers, and personnel against claims, liabilities, costs and expenses (including reasonable attorneys’ fees) incurred by them by reason of the IPT Administrative Manager providing the Investment Services, other than
for fraud, gross negligence or willful misconduct and (C) shall expressly disclaim the IPT Administrative Manager’s obligation to provide any securities-related advice to the Purchaser or any of its Affiliates (whether related to the
United States Securities Act of 1933, as amended, any United States federal or state or non-United States securities laws, or otherwise). 

(e) Conditions to the Obligations of the Seller. The obligations of the Seller to consummate the transactions contemplated by this Agreement
are subject to the fulfillment by the Purchaser, on or before the Closing, of each of the following conditions, unless otherwise waived by the Seller: 

(i) the representations and warranties of the Purchaser contained in this Agreement shall be true and correct in all material
respects as of the Closing as though made on and as of the Closing; 
 (ii) the Purchaser shall have performed and complied
with all covenants, agreements, obligations and conditions contained in this Agreement that are required to be performed or complied with by Purchaser on or before the Closing, including, without limitation, paying the Cash Payment; 

(iii) at the Closing, the Purchaser shall have delivered a certificate of any authorized officer of the Purchaser, dated as of
the Closing Date, to the effect that the conditions specified in Section 2(e)(i) and Section 2(e)(ii) have been satisfied by the Seller; 

(iv) prior to or at the Closing, the Purchaser shall have delivered to the Seller a certified copy of the resolutions adopted
by the board of the sole member of the Purchaser authorizing the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby; 

(v) at the Closing, the Seller shall have received from the Purchaser the LPA, duly executed by each of the Purchaser, bcIMC
International Real Estate (2004) Investment Corporation, a Canadian corporation (“BCIMC Pension Partner”), and bcIMC (WCBAF) Realpool Global Investment Corporation, a Canadian corporation (“BCIMC Accident Fund
Partner”); 

  
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 (vi) at the Closing, the Purchaser shall have delivered to the Seller the written
consent of each of the Purchaser, BCIMC Pension Partner and BCIMC Accident Fund Partner consenting to the consummation of the transactions contemplated hereby and waiving any rights of BCIMC Pension Partner or BCIMC Accident Fund Partner pursuant to
Sections 8.1(c) of the Partnership Agreement with respect to the Acquired Interest (other than any restrictions on subsequent transfer arising under the Partnership Agreement); 

(vii) at the Closing, the Purchaser shall have delivered to the Seller the Assignment, duly executed by the Purchaser; 

(viii) at the Closing, the Purchaser shall have delivered to the Seller the Transfer Agreement, duly executed by the Purchaser;
and 
 (ix) at the Closing, the Purchaser shall have delivered to the Seller the IPT Management Agreement, duly executed by
the Purchaser. 
 3. Representations and Warranties of the Seller. The Seller hereby represents and warrants to the Purchaser as
follows: 
 (a) Ownership. The Acquired Interest is owned of record and beneficially by the Seller, and the Seller has good and marketable
title to the Acquired Interest, free and clear of any and all Liens (other than those contained in the Partnership Agreement). No Person other than the Seller has any right, title or interest (whether legal or equitable) in or to the Acquired
Interest or any part thereof. The sale, transfer, assignment, conveyance and delivery of the Acquired Interest by the Seller pursuant to this Agreement shall transfer to the Purchaser good and unencumbered legal and beneficial title and all
interests thereto, free and clear of any and all Liens (other than those contained in the Partnership Agreement). 
 (b) Authorization. The
Seller has full right, power, authority and legal capacity to execute, deliver and perform this Agreement, the Assignment and any other document required to be entered into in connection with the transactions contemplated hereby (collectively, the
“Transaction Documents”). All limited liability company action, member action or any other action required to be taken by the Seller or any manager, officer, director or member thereof in order to authorize the Seller to enter into this
Agreement and the other Transaction Documents, to perform all Seller’s obligations hereunder and thereunder and to sell, assign transfer and convey the Acquired Interest as required hereunder have been taken. This Agreement has been duly
executed and delivered by the Seller and constitutes, and the other Transaction Documents to which the Seller is a party will constitute upon execution and delivery thereof by the Seller, valid and legally binding obligations of the Seller,
enforceable in accordance with their respective terms. 
 (c) Conflicts. The execution, delivery and performance of the Transaction
Documents to which the Seller is a party by the Seller do not violate or result in the material breach of, or create any Lien on the Acquired Interest pursuant to, any agreement (including the Organizational Documents), instrument, order, judgment,
decree, law (including any securities laws) or governmental regulation to which the Seller is a party or is subject or by which any of the Acquired Interest is bound. 

  
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 4. Representations and Warranties of the Purchaser. The Purchaser hereby represents and
warrants to the Seller as follows: 
 (a) Authorization. The Purchaser has full right, power, authority and legal capacity to execute,
deliver and perform the Transaction Documents to which the Purchaser is a party. All corporate action, stockholder action or any other action required to be taken by the Purchaser or any manager, officer, director or member thereof in order to
authorize the Purchaser to enter into this Agreement and the other Transaction Documents to which the Purchaser is a party and to perform all of the Purchaser’s obligations hereunder and thereunder have been taken. This Agreement has been duly
executed and delivered by the Purchaser and constitutes, and the other Transaction Documents to which the Purchaser is a party will constitute upon execution and delivery thereof by the Purchaser, valid and legally binding obligations of the
Purchaser, enforceable in accordance with their respective terms. 
 (b) Conflicts. The execution, delivery and performance of the
Transaction Documents to which Purchaser is a party by the Purchaser, and the sale and purchase of the Acquired Interest under this Agreement, do not and will not, with or without the passage of time or giving of notice, violate or result in the
material breach of any agreement (including any of the Organizational Documents), instrument, order, judgment, decree, law or governmental regulation to which the Purchaser is a party or is subject. 

5. Survival of Representations, Warranties and Covenants. All representations and warranties contained herein or made in writing by any
party in connection herewith shall survive the Closing. None of the covenants or agreements of the Seller and the Purchaser contained in this Agreement which, by its terms, is to be performed or complied with prior to the Closing shall survive the
Closing. All other covenants and agreements of the parties set forth herein to be performed or complied with at or after the Closing shall survive the Closing to the extent provided in their respective terms. 

6. Indemnification. 
 (a)
The Seller shall, indemnify, defend and hold the Purchaser and its officers, directors, employees, members, representatives, successors and assigns harmless from any and all damage, liability, claim, action, suit, loss, deficiency, judgment,
settlement, costs of investigation or other expenses (including, but not limited to interest, penalties and reasonable attorneys’ fees and disbursements incurred in connection with enforcing this Section 6) (each, a “Loss”) based
upon, arising out of or otherwise in respect of any: (i) breach of any of the Seller’s representations or warranties contained in any Transaction Document; (ii) breach by Seller of any of its covenants included in any Transaction
Document; or (iii) any action of Seller constituting fraud. 
 (b) The Purchaser shall, indemnify, defend and hold the Seller and its
officers, directors, employees, members, representatives, successors and assigns harmless from any and all Losses based upon, arising out of or otherwise in respect of any: (i) breach of any of the


  
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Purchaser’s representations or warranties contained in any Transaction Document; (ii) breach by Purchaser of any of its covenants included in any Transaction Document; or (iii) any
action of Purchaser constituting fraud. 
 (c) The maximum liability of each of the Seller and the Purchaser under this Section 6 shall
be an amount equal to the Cash Payment. All indemnities contained herein or made in writing by any party in connection herewith shall survive the Closing. 

7. Covenants. Without limiting any restrictions set forth in the Partnership Agreement, from the date of this Agreement through the
Closing or earlier termination of this Agreement, the Seller agrees and covenants with the Purchaser that the Seller shall not Transfer any interest, directly or indirectly, in the Acquired Interests. 

8. Remedies. If Seller shall breach any of its representations, warranties or covenants under this Agreement, or fail to perform its
obligation to convey the Acquired Interests to the Purchaser and close in accordance with the terms of this Agreement, then, in addition to any remedies available at law or in equity, Purchaser, may at its option (a) terminate this Agreement or
(b) in lieu of terminating this Agreement, Purchaser shall have the option to bring a suit for specific performance. 
 9. General
Provisions. 
 (a) Amendment. Any provision of this Agreement may be amended in writing by both parties to this Agreement. 

(b) Severability. In the event one or more of the provisions of this Agreement is, for any reason, held by a court of competent jurisdiction
to be invalid, illegal or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions of this Agreement, and this Agreement shall be construed as if such invalid, illegal or unenforceable
provision had never been contained herein. Upon such determination that any term or other provision is invalid, illegal or unenforceable, the parties hereto shall negotiate in good faith to modify this Agreement as to effect the original intent of
the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible. 

(c) Entire Agreement. This Agreement, the exhibits hereto and the other documents delivered pursuant hereto (i) constitute the entire
agreement among the parties relative to the specific subject matter hereof and thereof and (ii) supersede and preempt any prior understandings, agreements or representations, written or oral, which may have related to the subject matter hereof
or thereof. 
 (d) Governing Law. This Agreement shall be governed, construed and interpreted in accordance with the laws of the State of
Delaware, without giving effect to principles of conflicts of law or choice of law that would cause the substantive laws of any other jurisdiction to apply. To the fullest extent permitted by law, each party hereto irrevocably submits and consents
to the exclusive jurisdiction of any Delaware state court or federal court sitting in the State of Delaware over any action, suit or proceeding arising out of or relating to the Agreement or the transactions contemplated hereby, and each party
hereto hereby irrevocably agrees that all claims in respect of any such action or proceeding may be heard and determined only in such courts. 

  
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 (e) Notices. All notices and other communications to be given to any party hereunder shall be
sufficiently given for all purposes hereunder if in writing and delivered by hand, courier or overnight delivery service or three days after being mailed by certified or registered mail, return receipt requested, with appropriate postage prepaid, or
when received in the form of an e-mail and shall be directed to the address set forth below (or at such other address or as such party shall designate by like notice): 

If to the Seller to: 

IPT BTC I LP LLC 
 c/o
Industrial Property Trust, Inc. 
 518 Seventeenth Street, 17th Floor 

Denver, Colorado 80202 
 Attn:
Dwight Merriman, Tom McGonagle and Joshua J. Widoff 
 E-mail: dmerriman@industrialincome.com, 

tmcgonagle@industrialincome.com and 

jwidoff@blackcreekcapital.com 

with a copy (which shall not constitute notice) to: 

Kirkland & Ellis LLP 

300 North LaSalle 
 Chicago,
Illinois 60654 
 Attn: Bruce L. Gelman, P.C. and Ted Schmadeke 

E-mail: bruce.gelman@kirkland.com and 

ted.schmadeke@gmail.com 
 If
to the Purchaser to: 
 bcIMC (USA) Realty Div A2 LLC 

c/o British Columbia Investment Management Corporation 

300 - 2950 Jutland Road 

Victoria, British Columbia, Canada V8T 5K2 

Attn: Timothy E. Works and Ryan Bradford 

E-mail: tim.works@bcimc.com and ryan.bradford@bcimc.com 

with a copy (which shall not constitute notice) to: 

Cox, Castle & Nicholson LLP 

2029 Century Park East, 21st Floor 

Los Angeles, CA 90067 
 Attn:
Douglas P. Snyder 
 E-mail: dsnyder@coxcastle.com 

  
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 (f) Counterparts. This Agreement may be executed in two or more counterparts, each of which shall
be deemed an original, but all of which together shall constitute one and the same instrument. A facsimile, telecopy or other reproduction of this Agreement may be executed by one or more parties hereto and delivered by such party by facsimile or
any similar electronic transmission device pursuant to which the signature of or on behalf of such party can be seen. Such execution and delivery shall be considered valid, binding and effective for all purposes. 

(g) Delays or Omissions. Except as expressly provided herein, no delay or omission to exercise any right, power or remedy accruing to any
party to this Agreement upon any breach or default of any other party under this Agreement shall impair any such right, power or remedy of such non-defaulting party, nor shall it be construed to be a waiver of any such breach or default, or an
acquiescence therein, or of or in any similar breach or default thereafter occurring, nor shall any waiver of any single breach or default be deemed a waiver of any other breach or default theretofore or thereafter occurring. Any waiver, permit,
consent or approval of any kind or character on the part of any party of any breach or default under this Agreement, or any waiver on the part of any party of any provisions or conditions of this Agreement, must be in writing and shall be effective
only to the extent specifically set forth in such writing. 
 (h) Further Assurances. After the Closing, as and when requested by the
Purchaser, the Seller shall, without further consideration, execute and deliver all such instruments of conveyance and transfer and shall take such further actions as the Purchaser may deem necessary or desirable in order to transfer the Acquired
Interest to the Purchaser and to carry out fully the provisions and purposes of this Agreement. This Section 9(h) shall survive the Closing. 

(i) Successors and Assigns. The provisions hereof shall inure to the benefit of, and be binding upon, the successors and permitted assigns of
the parties hereto. 
 (j) Interpretation. Any rule of construction to the effect that ambiguities are to be resolved against the drafting
party shall not be applied in the construction or interpretation of this Agreement. 
 (k) Construction. Whenever the term
“include” or “including” is used in this Agreement, it shall mean “including, without limitation,” (whether or not such language is specifically set forth) and shall not be deemed to limit the range
of possibilities to those items specifically enumerated. The words “hereof”, “herein” and “hereunder” and words of similar import refer to this Agreement as a whole and not to any particular
provision. 
 (l) WAIVER OF JURY TRIAL. EACH PARTY HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY RIGHT TO TRIAL BY JURY OF ANY
CLAIM, DEMAND, ACTION, OR CAUSE OF ACTION (I) ARISING UNDER THIS AGREEMENT OR (II) IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES IN RESPECT OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS RELATED HERETO, IN
EACH CASE, WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER IN CONTRACT, TORT, EQUITY, OR OTHERWISE. EACH PARTY HEREBY FURTHER 

  
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AGREES AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION, OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL WITHOUT A JURY AND THAT THE PARTIES MAY FILE A COPY OF THIS AGREEMENT WITH ANY COURT AS
WRITTEN EVIDENCE OF THE CONSENT OF THE PARTIES TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY. 
 (m) Change in Tax Laws. Prior to the
Closing, as a result of any change in law, rules, administrative practice, advice or other change or any facts or circumstances impacting the tax consequences (whether positive or negative) to the Purchaser or any other BCIMC Limited Partner (as
defined in the LPA) or any of their direct or indirect beneficial owners, the Partnership or an Investment Entity (as defined in the LPA) (whether such change arises in Canada or the US) including, without limitation, the adoption of exemptions from
taxation under Section 897 of the Code for qualified foreign pension funds, each of the Seller and its Affiliates and the Purchaser and its Affiliates shall reasonably cooperate with each other and their respective advisors for the purpose of
coordinating, managing and structuring the Acquired Interest, the Partnership and/or each Investment Entity so as to optimize the ability of each such entity (where applicable) and the Seller, IPT GP, the Purchaser, the other BCIMC Limited Partners
and/or their direct or indirect beneficial owners, to benefit from their respective tax status or to mitigate or take advantage, as the case may be, of the financial impact of any such change. In taking any action described in the preceding
sentence, each of the Purchaser and the Seller shall reasonably consider the material tax consequences of other Partners (as defined in the LPA) arising from such action. 

(Signature page follows) 

  
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 IN WITNESS WHEREOF, the parties have executed this Interest Purchase Agreement on the day and
year first above written. 
  

			
	PURCHASER:
	
	bcIMC (USA) Realty Div A2 LLC, a Delaware limited liability company
	
	By: bcIMC (USA) Realty Inc., a Delaware corporation, its sole member
		
	By:	 	 /s/ DEAN ATKINS

	Name:	 	 Dean Atkins

	Title:	 	 Director

	
	SELLER:
	
	IPT BTC I LP LLC, a Delaware limited liability company
	
	By: IPT Real Estate Holdco LLC, a Delaware limited liability company, its sole member

	
	By: Industrial Property Operating Partnership LP, a Delaware limited partnership, its sole member

	
	By: Industrial Property Trust, Inc., a Maryland corporation, its general partner

		
	By:	 	 /s/ DWIGHT MERRIMAN

	Name:	 	 Dwight Merriman

	Title:	 	 CEO




  
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