Ares Industrial Real Estate Income Trust Inc.
01/08/2025 | Press release | Distributed by Public on 01/08/2025 11:14
Private Placement Form 8 K
Item 3.02 Unregistered Sales of Equity Securities.
From December 2, 2024 through January 2, 2025, Ares Industrial Real Estate Income Trust Inc. (referred to herein as the "Company," "we," "our," or "us") issued the following shares in transactions exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Regulation D.
The following table details the shares issued and gross proceeds:
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Number of |
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Shares Issued |
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Gross Proceeds |
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Class S-PR Shares (1)(2) |
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1,904,210 |
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$ |
24,401,024 |
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Class D-PR Shares (3) |
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5,822 |
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$ |
75,000 |
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Class I-PR Shares (1) |
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830,138 |
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$ |
10,522,388 |
| (1) | Number of shares issued and gross proceeds include activity from shares issued pursuant to our distribution reinvestment plan. |
| (2) | Gross proceeds for Class S-PR shares include upfront selling commissions and dealer manager fees, in aggregate, of $274,187. |
| (3) | Gross proceeds for Class D-PR shares include upfront selling commissions, in aggregate, of $1,125. |
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