September 20, 2016

Griffin Institutional Access Real Estate Fund Surpasses $1 Billion in AUM

EL SEGUNDO, Calif. (September 20, 2016) – Griffin Capital Corporation (“Griffin Capital”) on behalf of Griffin Institutional Access Real Estate Fund (NASDAQ: GIREX, GCREX, GRIFX; the “Fund”) announced today that the Fund has exceeded $1 billion in assets under management.

The Fund, which reached this milestone in little more than two years since its launch on June 30, 2014, strategically invests in an actively managed blend of private institutional real estate investment funds as well as a diversified set of publicly traded real estate securities. This combination has proven over long periods of time to provide both durable current income and capital appreciation, with moderate volatility and low correlation to the broader market.

“We are extremely pleased to have reached this significant milestone in such a relatively short time period,” commented Randy Anderson, Ph.D., CRE, Portfolio Manager, Griffin Institutional Access Real Estate Fund. “This rapid growth in assets under management reflects the strong acceptance of our interval fund model. Our fund enables individual investors to participate in institutional real estate investments.”

“In today’s volatile market environment,” Anderson continued, “the pressing need for individual investors to find strong risk-adjusted returns is more imperative than ever. Our strong performance since inception has validated GIREX’s exceptional investment strategy.”

Kevin Shields, Griffin Capital’s Chairman and CEO added, “We’re proud of the enormous support we’ve received from our distribution partners, especially financial advisors, broker-dealers and RIA firms, all of whom have helped the Fund to grow since its inception. The strong growth of our assets under management will enable the Fund to take advantage of increasing efficiencies and economies of scale that ultimately benefit the Fund’s investors. This will likely continue to make Griffin Institutional Access Real Estate Fund a leader in the alternative investment space.”

About Griffin Institutional Access Real Estate Fund
Griffin Institutional Access Real Estate Fund (the “Fund,” tickers: GIREX, GCREX, GRIFX), a closed-end, interval fund registered under the Investment Company Act of 1940, is an actively managed portfolio of private real estate funds and public real estate securities, diversified by property type and geography, offering daily pricing and periodic liquidity at net asset value. GIREX will make quarterly offers to repurchase between five percent and 25 percent of its outstanding shares at net asset value. The Fund requires a minimum investment of $2,500 for regular accounts and $1,000 for retirement plan accounts. GIREX began reporting on NASDAQ on June 30, 2014 with an initial share price of $25.00 and reported a share price of $26.87 for Class A, $26.67 for Class C, and $26.95 for Class I as of September 19, 2016. The advisor of the Fund is Griffin Capital Advisor, LLC, a majority owned subsidiary of Griffin Capital Corporation. To learn more about the Fund, go to: www.griffincapital.com/griffin-institutional-access-real-estate-fund.

About Griffin Capital Corporation
Griffin Capital Corporation (“Griffin Capital”), is a privately held, Los Angeles headquartered investment and asset management company with a 21-year track record sponsoring real estate investment vehicles and managing institutional capital. Led by senior executives with more than two decades of real estate experience who have collectively closed transactions representing over $22.0 billion in value, Griffin Capital and its affiliates have acquired or constructed approximately 56 million square feet of space since 1995. Griffin Capital and its affiliates own, manage, sponsor and/or co-sponsor a portfolio consisting of approximately 38* million square feet of space, located in 30 states and the United Kingdom, representing approximately $6.8billion in asset value, based on purchase price, as of August 2, 2016. Additional information about Griffin Capital is available at www.griffincapital.com.

*Includes the property information related to interests held in certain joint ventures.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Griffin Institutional Access Real Estate Fund (the “Fund”). 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 8/31/16, the Fund’s annualized return since inception for Class A shares was 8.43%. The Fund’s inception date was 6/30/2014. The total gross expense ratio is 2.29% for Class A, 3.04% for Class C, 2.04% for Class I. 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 worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. The maximum sales charge is 5.75% for Class A shares. Class C shareholders may be subject to a contingent deferred sales charge equal to 1.00% of the original purchase price of Class C shares redeemed during the first 365 days after their purchase. The Fund has contractually agreed to waive its fees to the extent that they exceed 1.91% for Class A, 2.66% for Class C, and 1.66% for Class I until January 31, 2017. Without the waiver the expenses would have been higher. The net asset value fund return does not reflect the deduction of all fees and if the fund return reflected the deduction of such fees, the performance would be lower. Visit www.griffincapital.com for current performance.

The Fund will not invest in real estate directly, but, because the Fund will concentrate its investments in securities of REITs (real estate investment trusts) and other real estate industry issuers, its portfolio will be significantly impacted by the performance of the real estate market and may experience more volatility and be exposed to greater risk than a more diversified portfolio. The value of companies engaged in the real estate industry is affected by: (i) changes in general economic and market conditions; (ii) changes in the value of real estate properties; (iii) risks related to local economic conditions, overbuilding and increased competition; (iv) increases in property taxes and operating expenses; (v) changes in zoning laws; (vi) casualty and condemnation losses; (vii) variations in rental income, neighborhood values or the appeal of property to tenants; (viii) the availability of financing and (ix) changes in interest rates and leverage.

Investors in the Fund should understand that the NAV of the Fund will fluctuate, which may result in a loss of the principal amount invested. The Fund provides liquidity to shareholders quarterly between 5% and 25% of its outstanding shares at net asset value.

Griffin Institutional Access Real Estate Fund is distributed by ALPS Distributors, Inc. ALPS Distributors, Inc. is not affiliated with either Griffin Capital or any of its affiliates.

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