INTEREST PURCHASE AGREEMENT BETWEEN BCI IV PORTFOLIO REAL ESTATE HOLDCO LLC AND INDUSTRIAL PROPERTY OPERATING PARTNERSHIP LP DATED AS OF JULY 15, 2020Interest Purchase Agreement • July 21st, 2020 • Industrial Property Trust • Real estate investment trusts • Maryland
This INTEREST PURCHASE AGREEMENT, dated as of July 15, 2020 (this “Agreement”), is by and between BCI IV Portfolio Real Estate Holdco LLC (“BCI IV Holdco”), a Delaware limited liability company and an indirect subsidiary of Black Creek Industrial REIT IV Inc., a Maryland corporation (“BCI IV”), and Industrial Property Operating Partnership LP (“Company OP”), a Delaware limited partnership and a direct subsidiary of Industrial Property Trust, a Maryland real estate investment trust (the “Company). Each of BCI IV Holdco and Company OP is sometimes referred to herein as a “Party” and collectively as the “Parties.” Capitalized terms used but not otherwise defined herein have the meanings ascribed to them in Article 1.
