Talk to a 1031 specialistData updated Mar 11, 2026
Offering size$246.7M
Asset typeIndustrial
LocationMulti-state
FinancingLeveraged
Regulation D exemptionRule 506(b)
Sponsor-reported potential 721/UPREIT exitNo
First filedOct 7, 2025
Last filedMar 11, 2026
Minimum$500k
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.
AIREX Portfolio 10 DST is a Delaware statutory trust in the Ares (AIREX) real estate program. It is listed as a Delaware subsidiary of Ares Industrial Real Estate Income Trust Inc. (AIREIT), alongside affiliated Manager, Master Tenant, and TRS entities carrying the same series name. The trust is classified within the SEC's Other Real Estate industry group under file number 021-560081. In an amended Form D notice filed March 11, 2026, the issuer reported a total offering amount of about $246.7 million and roughly $114.7 million sold as of that filing date.
506(b); AIREIT DST Program; ~$68.8M raised of $246.7M per 3/11/2026 D/A; DST loans <=50% price
Based on issuer-filed Form D notices through Mar 11, 2026. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Reported sold as a percentage of stated offering amount47.0%
Capital sold, per latest Form D$114,732,361
Remaining amount reported in latest Form D$131,989,402
Investor count reported in latest Form D47
Stated minimum investment$500,000
See the full reported financial recordBy creating an account you agree to the Terms of Service and acknowledge the Privacy Policy. We'll email you sign-in links and service notices about your account.
First filedOct 7, 2025
Latest filingMar 11, 2026
Filings tracked3
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
Entity identity
AIREX Portfolio 10 DST is a Delaware statutory trust associated with the Ares (AIREX) real estate program. It appears in the FY2025 Form 10-K Exhibit 21.1 of Ares Industrial Real Estate Income Trust Inc. (AIREIT) as a Delaware subsidiary, listed together with AIREX Portfolio 10 Manager LLC, AIREX Portfolio 10 Master Tenant LLC, and AIREX Portfolio 10 TRS LLC.1
Classification and filing record
The trust is organized in Delaware and classified within the SEC's Other Real Estate industry group under file number 021-560081.2 In an amended Form D notice filed March 11, 2026, the issuer reported a total offering amount of approximately $246,721,763 and approximately $114,732,361 sold as of that filing date.3
Sources (3)
In the news
Frequently asked questions
Is AIREX Portfolio 10 currently active?
AIREX Portfolio 10 is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for AIREX Portfolio 10?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.