Ares Industrial REIT Files 8-K

TL;DR

Ares Industrial REIT filed an 8-K on 8/15 for events as of 7/31 - standard reporting.

AI Summary

Ares Industrial Real Estate Income Trust Inc. filed an 8-K on August 15, 2025, reporting events as of July 31, 2025. The filing primarily concerns other events and financial statements/exhibits, with no specific material events detailed in the provided text.

Why It Matters

This 8-K filing indicates ongoing reporting requirements for Ares Industrial Real Estate Income Trust Inc., providing updates on its financial status and other corporate events.

Risk Assessment

Risk Level: low — The filing is a routine 8-K report with no immediately apparent negative or positive material events disclosed in the provided snippet.

Key Numbers

• 20250731 — Report Date (The date of the earliest event reported in the 8-K.)
• 20250815 — Filing Date (The date the 8-K was officially filed with the SEC.)

Key Players & Entities

• Ares Industrial Real Estate Income Trust Inc. (company) — Registrant
• BLACK CREEK INDUSTRIAL REIT IV Inc. (company) — Former company name
• INDUSTRIAL LOGISTICS REALTY TRUST INC. (company) — Former company name
• LOGISTICS PROPERTY TRUST INC. (company) — Former company name

FAQ

Key Financial Figures

• $125.3 million — ly 31, 2025, we estimated approximately $125.3 million of ongoing distribution fees were poten
• $0.05250 — es of our common stock in the amount of $0.05250 per share for the month of July 2025. T
• $0.05000 — previous monthly gross distribution of $0.05000 per share that had been paid since July
• $36.4 m — raised gross proceeds of approximately $36.4 million, including proceeds from our dist
• $0.7 million — nd the sale of DST Interests (including $0.7 million of DST Interests financed by DST Progra
• $20.5 million — redeemed in full on August 1, 2025, was $20.5 million. Update on Suitability Standards Th
• $100,000 — a minimum liquid net worth of at least $100,000 and a minimum annual gross income of no
• $85,000 — um annual gross income of not less than $85,000 or (b) a minimum liquid net worth of at
• $350,000 — a minimum liquid net worth of at least $350,000. For these purposes, "liquid net worth"

Filing Documents

• aire-20250731x8k.htm (8-K) — 168KB
• aire-20250731xex99d1.htm (EX-99.1) — 6KB
• 0001625941-25-000047.txt ( ) — 296KB
• aire-20250731.xsd (EX-101.SCH) — 4KB
• aire-20250731_def.xml (EX-101.DEF) — 3KB
• aire-20250731_lab.xml (EX-101.LAB) — 16KB
• aire-20250731_pre.xml (EX-101.PRE) — 9KB
• aire-20250731x8k_htm.xml (XML) — 4KB

01 Other Events

Item 8.01 Other Events. Ares Industrial Real Estate Income Trust Inc. (referred to herein as the "Company," "we," "our," or "us") is filing this Current Report on Form 8-K in order to provide an update regarding our net asset value ("NAV"), our assets and portfolio. Most Recent Transaction Price and Net Asset Value Per Share September 1, 2025 Transaction Price The transaction price for each of our share classes is equal to such share class's NAV per share as of July 31, 2025. A calculation of the NAV per share is set forth below. July 31, 2025 NAV Per Share Our board of directors, including a majority of our independent directors, has adopted valuation procedures, as amended from time to time, that contain a comprehensive set of methodologies to be used in connection with the calculation of our NAV. Our most recent NAV per share for each share class, which is updated as of the last calendar day of each month, is posted on our website at www.areswms.com/solutions/aireit and is also available on our toll-free, automated telephone line at (888) 310-9352. With the approval of our board of directors, including a majority of our independent directors, we have engaged Altus Group U.S. Inc., a third-party valuation firm, to serve as our independent valuation advisor ("Altus Group" or the "Independent Valuation Advisor") with respect to helping us administer the valuation and review process for the real properties in our portfolio, providing monthly real property appraisals and valuations for certain of our debt-related assets, reviewing annual third-party real property appraisals, reviewing the internal valuations of loans ("DST Program Loans") provided to certain investors in our program to raise capital in private placements exempt from registration pursuant to Rule 506(b) of Regulation D under the Securities Act of 1933, as amended, through the sale of beneficial interests ("DST Interests") in specific Delaware statutory trusts holding real properties, including

Properties

Properties Exit capitalization rate (weighted-average) 0.25 % decrease 3.0 % 0.25 % increase (2.8) % Discount rate (weighted-average) 0.25 % decrease 2.0 % 0.25 % increase (2.0) % 3 Distributions We authorized monthly gross distributions for each class of shares of our common stock in the amount of $0.05250 per share for the month of July 2025. The monthly gross distribution per share for July 2025 reflects an increase to the amount of the previous monthly gross distribution of $0.05000 per share that had been paid since July 31, 2023. These distributions were paid to all stockholders of record as of the close of business on July 31, 2025, net of, as applicable, distribution fees that are payable monthly with respect to certain classes of shares of our common stock . Update on Our Assets and Activities As of July 31, 2025, we directly owned and managed a real estate portfolio that included 261 industrial buildings totaling approximately 55.6 million square feet located in 30 markets throughout the U.S. and was 93.0% occupied (93.4% leased). As of July 31, 2025, our leverage ratio was approximately 45.6% (calculated as outstanding principal balance of our borrowings, including secured financings on investments in real estate-related securities, less cash and cash equivalents, divided by the fair value of our real property, net investments in unconsolidated joint venture partnerships, investments in real estate-related securities and debt-related investments not associated with the DST Program, as determined in accordance with our valuation procedures). Quarter-to-date through July 31, 2025, we raised gross proceeds of approximately $36.4 million, including proceeds from our distribution reinvestment plan and the sale of DST Interests (including $0.7 million of DST Interests financed by DST Program Loans). The aggregate dollar amount of common stock and OP Unit redemptions requested for July, which were redeemed in full on Aug

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Consent of Altus Group U.S. Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K includes certain statements that are intended to be deemed "forward-looking statements" within the meaning of, and to be covered by the safe harbor provisions contained in, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are generally identifiable by the use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," "project," "continue," or other similar words or terms and include, without limitation, statements regarding the estimates and assumptions used in the calculation of our NAV per Fund Interest. These statements are based on certain assumptions and analyses made in light of our experience and our perception of historical trends, current conditions, expected future developments and other factors we believe are appropriate. Such statements are subject to a number of assumptions, risks and uncertainties that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Among the factors that may cause results to vary are the negative impact of increased inflation, changes in interest rates, developments related to tariffs and trade policies and the resulting impacts on market volatility and global trade, the conflict between Russia and Ukraine, and/or the ongoing conflict in the Middle East on our financial condition and results of operations being more significant than expected, general economic and business (particularly real estate and capital market) conditions being less favorable than expected, the business opportunities that may be presented to and pursued by us, changes in laws or regulations (including changes to laws governing the taxati

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ARES INDUSTRIAL REAL ESTATE INCOME TRUST INC. August 15, 2025 By: /s/ SCOTT A. SEAGER Name: Scott A. Seager Title: Managing Director, Chief Financial Officer and Treasurer 6

View Full Filing

View this 8-K filing on SEC EDGAR