Invesco REIT Fully Subscribes $87M Industrial DST
Invesco Real Estate Income Trust Inc. (INREIT) has fully subscribed its IREX III Industrial Portfolio DST, a Delaware statutory trust offering that raised $87 million in gross proceeds since its launch in May 2025. The closing follows the full subscription of the IREX II offering earlier this year.
The IREX III portfolio comprises three industrial properties across Ohio and Illinois, totaling nearly 800,000 square feet of net rentable space. The assets are 100% occupied.
“We believe the strong demand for IREX III reflects a growing investor preference for passive, tax-deferred strategies,” said Kyle Connor, Director, Private Markets and Lead 1031 Exchange Specialist at Invesco Real Estate. “IREX III has the potential to deliver simplified ownership, continued real estate exposure, and meaningful tax and estate planning benefits while providing access to institutional-quality assets in a professionally managed structure.”
Chase Bolding, President of INREIT and Head of North America for Invesco Real Estate, noted the resilience of the target markets. “The Midwest industrial market has performed well in terms of occupancy and rent growth through the third quarter of 2025,” Bolding said. “This fully leased, diversified industrial portfolio is designed to provide potential tax advantages for investors seeking strategies for managing gains.”
