October 06, 2014

Griffin Institutional Access Real Estate Fund Declares and Pays Initial Shareholder Dividend

Los Angeles, CA. (October 6, 2014) Griffin Institutional Access Real Estate Fund ("GIREX" or the "Fund"), a closedend, interval fund registered under the Investment Company Act of 1940 that provides individuals the opportunity to invest in a portfolio of private real estate funds and public real estate securities, announced today it paid shareholders an initial quarterly dividend. Shareholders of record as of September 25, 2014 received a distribution of $0.30139 per share payable on September 29, 2014. Since the Fund began reporting on NASDAQ under the ticker GIREX on June 30, 2014 at a share price of $25.00, GIREX has generated positive results.

Dr. Randy I. Anderson, Portfolio Manager of GIREX, said, "We are pleased to pay shareholders this initial dividend, and pleased with the performance of GIREX. During a time when the overall public real estate markets were quite turbulent, GIREX was able to generate a 1.65% return for shareholders during the third quarter."

Kevin Shield, Chairman and CEO of Griffin Capital added, "We are not surprised that GIREX was able to deliver such positive results–hour strategic allocation into a highly diversified set of private real estate funds was especially beneficial over this time period."

About Griffin Institutional  Access Real Estate Fund and Griffin Capital Corporation
Griffin Institutional Access Real Estate Fund (NASDAQ: GIREX), a closedend, interval fund registered under the Investment Company Act of 1940, is an activelymanaged portfolio of private real estate funds and public real estate securities offering daily pricing and periodic liquidity at net asset value. GIREX began reporting on NASDAQ as of June 30, 2014 with an initial share price of $25.00 and reported at $25.11 after payment of the initial distribution to shareholders as of September 30, 2014. The advisor of GIREX is Griffin Capital Advisor, LLC, a majority owned subsidiary of Griffin Capital Corporation. Griffin Capital Corporation is a privatelyowned real estate company headquartered in Los Angeles., that, together with affiliates, has acquired or constructed over 31 million square feet of space since 1995, and currently owns, manages, sponsors and/or cosponsors an institutionalquality portfolio of approximately 27 million square feet located in 32 states and 1 million square feet located in the United  Kingdom, representing approximately $5.4 billion in asset value as of September 25, 2014. Additional information about Griffin Capital Corporation is available at www.griffincapital.com.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Griffin Institutional Access Real Estate Fund (GIREX). This and other important information about the Fund is contained in the prospectus, which can be obtained by contacting your financial advisor or visiting www.griffincapital.com. The prospectus should be read carefully before investing.

Griffin Institutional Access Real Estate Fund Risk Considerations
As of September 30, 2014 the Fund has returned 1.65%. The Fund's inception date was June 30, 2014. GIREX gross expense ratio is 2.63%. Performance data quoted represents past performance. Past performance is no guarantee of future results and investment returns and principal value of the Fund will fluctuate so that shares, when redeemed, may be lower than the performance quoted. Call 1‐949‐270‐9300 for current month end performance. The maximum sales charge is 5.75%. Purchases of $1,000,001 or more may be subject to a contingent deferred sales charge on shares redeemed during the first 365 days after their purchase. The redemption fee on shares repurchased within 365 days of purchase (as a percent of proceeds) is 2.00%. The Fund has contractually agreed to waive its fees to the extent that they exceed 1.91% until June 30, 2015. Without the waiver the expenses would have been higher.

Investors in GIREX should understand that the net asset value ("NAV") of GIREX will fluctuate, which may result in a loss of the principal amount invested. GIREX is new with limited operating history. GIREX is a closedend interval fund that provides liquidity to shareholders quarterly between five percent and 25 percent of its outstanding shares at net asset value.

Opinions expressed are current opinions as of the date appearing in this material only. No part of this material may, without the prior written consent of Griffin Capital, be (i) copied, photocopied or duplicated in any form, by any means, or (ii) distributed to any person that is not an employee, officer, director, or authorized agent of the recipient.

GIREX is distributed by ALPS Distributors, Inc. ALPS Distributors, Inc. is not affiliated with either Griffin Capital or any of its affiliates.

GFC000105
Exp. 07/01/2015

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Griffin Capital Company, LLC

Office Phone: 949-270-9332 Cell Phone: 949-433-6860