Exhibit 24.1
Power of Attorney
Know all by these presents, that the undersigned hereby constitutes and
appoints Sarah Wadsworth, Thomas G. McGonagle and Joshua J. Widoff, and each of
them acting alone, as the undersigned's true and lawful attorney-in-fact to
execute and file on behalf of the undersigned in the undersigned's capacity as
an executive officer of Industrial Property Trust Inc. (the "Company") all
necessary and/or required applications, reports, registrations, information,
documents and instruments filed or required to be filed by the undersigned or
the Company with the Securities and Exchange Commission ("SEC"), any stock
exchanges or any governmental official or agency, including without limitation:
1. execute and file Forms 3, 4 and 5 in accordance with Section 16(a) of
the Securities Exchange Act of 1934, as amended, and the rules thereunder
and a Form ID, Uniform Application for Access codes to file on EDGAR;
2. do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such Form
3, 4, 5 or Form ID and timely file such Forms 3, 4, 5 or Form ID,
including amendments thereto;
3. execute and file Form 144 in accordance with Rule 144 of the Securities
Act of 1933, as amended, and the rules thereunder;
4. do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such Form
144 and timely file such Form 144;
5. take any other action of any type whatsoever in connection with the
foregoing, which, in the opinion of such attorney-in- fact, may be of
benefit to, in the best interest of, or legally required by, the
undersigned, it being understood that the documents executed by such
attorney-in-fact on behalf of the undersigned pursuant to this Power of
Attorney shall be in such form and shall contain such terms and conditions
as such attorney-in-fact may approve in such attorney-in-fact's
discretion.
The undersigned hereby grants to such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact, or such
attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be
done by virtue of this Power of Attorney and the rights and powers herein
granted. Each of the attorneys-in-fact named herein shall have the power to act
hereunder with or without the other. The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed on the date set forth below.
/s/ John Hagestad
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Date: September 4, 2015
