Macquarie Corporate and Asset Finance, a division of Macquarie Group (“Macquarie”) today announced the closing of the sale of the BNSF Logistics Facility to funds managed by CRIC2 Funds, LLC (“CRIC”). The 4,700-car rail logistics facility located in Dayton, Texas is fully leased to BNSF Railroad on a triple net lease that runs through 2034 and supports the area’s robust petrochemical industry.

Ethan Nessen, Managing Partner at CRIC, said: “We are excited to have acquired this important net-leased asset. The long-term lease with BNSF will provide a reliable and growing income stream to our investors for years to come.”

Matthew Lancaster, Senior Managing Director at Macquarie, said: “CRIC put forth a compelling value proposition to Macquarie and were a pleasure for our team to work with. We felt comfortable passing the stewardship of this important facility to CRIC given their impressive track record as owners and managers of triple net leased real estate.”

Following the sale, Macquarie will remain the owner and proposed developer of the 1,500-acre Gulf Inland Logistics Park adjacent to the BNSF Logistics Facility to the east and west.

Gulf Inland Logistics Park’s rail-served land has access to both BNSF and Union Pacific on the Baytown Branch line and benefits from direct frontage along US Highway 90 and Highway 146. Sites available at Gulf Inland Logistics Park are ideally located for industrial, logistics and manufacturing businesses that require direct rail access.

Marcus Goering, President at Gulf Inland Logistics Park, said: “The sale of the BNSF Logistics Facility marks an important milestone in our overall business plan for the Gulf Inland Logistics Park. It enables us to focus our efforts going forward on developing our rail-served real estate at the Gulf Inland Logistics Park into a world-class destination for businesses in the growing Gulf region.”

CB Richard Ellis served as Macquarie’s advisor on the transaction. Bostonia Global Securities arranged financing for the purchase on behalf of CRIC.

About CRIC2 Funds, LLC

CRIC2 Funds, LLC is an investor in creditworthy real estate. As a principal, CRIC2 Funds, LLC has closed more than $6 billion of single-tenant, net leased real estate, including office, industrial, retail and special purpose properties since its founding as Corporate Realty Capital in 1988.

About Macquarie Group

Macquarie Group (ASX:MQG)(ADR:MQBKY) is a global provider of banking, financing, advisory, investment and fund management services. Founded in 1969, Macquarie Group employs more than 14,100 people in 28 countries and has $372 billion in assets under management at September 30, 2014. For more information, visit www.macquarie.com.

About Gulf Inland Logistics Park

Gulf Inland Logistics Park is uniquely situated in the Gulf transportation network to provide the most expedient access to the nation’s highway and rail systems. Gulf Inland’s direct access to US Highway 90 and Highway 146, as well as two Class I rail carriers, the BNSF Railway and Union Pacific Railroad, provide unmatched access to Houston, the Gulf, the nation and the globe. Gulf Inland’s unmatched transportation capabilities provide companies logistics solutions to meet the needs of today and tomorrow. Web address: http://www.gulfinlandlogisticspark.com.