Minimum investment
$500k
Offering size
$115.0M
How much has sold
100.0%
Asset type
Industrial
Location
Not stated
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
AIREX Portfolio 9 DST combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (3)Hide sources (3)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Property size
- Multi-property industrial portfolio
How did it end?
No sale or other ending on record
No public evidence of any disposition, full-cycle event, 721/UPREIT conversion, or foreclosure; the trust completed its equity raise (Form D/A through Mar 11, 2026, ~$114.95M sold, 60 investors) and is listed as Active on the re-transition.com DST marketplace with no subsequent SEC filings indicating any property sale [1][2][3].
Ares Industrial Real Estate Exchange (AIREX) Portfolio 9 DST — industrial portfolio DST offering under the Ares ARES 1031/721 program. SEC Form D filings span July 2025 through March 2026.
Multi-property industrial portfolioSupporting evidence
Who's behind it?
- Sponsor
- Ares (ADREX)
- Legal Trust name
- AIREX Portfolio 9 DST
- May convert to a REIT
- Yes
- Offerings from this sponsor
- 4 active / 17 total offerings from Ares (ADREX)
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- First Form D filedThe public offering record begins.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 2
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
What happened to AIREX Portfolio 9 DST?
Top1031 lists AIREX Portfolio 9 DST as historical. It is no longer raising money.
Where does Top1031 get the data for AIREX Portfolio 9 DST?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7DST Equity Raise Drops 19% in July but Still on Track for $7.5B by Year's EndJuly 2025 recap notes AIREX Portfolio 9 DST, a portfolio spanning Florida, sponsored by Ares Real Estate Exchange, seeking to raise more than $126.67 million. June 2025 DST Fundraising Soars to Year-HighMonthly fundraising roundup noting AIREX (Ares Industrial Real Estate Exchange) Portfolio 9 DST among notable industrial launches of June 2025.