Instanced Static Meshes do not Cast Shadows correctly when Baked

When an instanced mesh that is added in the construction script is far enough away from the root component and has it's lighting baked the shadow will not render or will render incorrectly.

This was tested in 4.11 - 4.14 and confirmed still an issue

1. Open attached Project
2. Build Lighting Only

RESULT
The instanced mesh's shadow doesn't get baked properly.

EXPECTED
Instanced mesh's shadow gets baked correctly.