IREX II Self-Storage Portfolio

Fully subscribedStorage
Talk to a 1031 specialistData updated Jul 15, 2025
Offering size$85.7M
Asset typeSelf-Storage
LocationClarksville, TN
FinancingLeveraged
Regulation D exemptionRule 506(b)
Sponsor-reported potential 721/UPREIT exitYes
First filedDec 11, 2024
Last filedJul 15, 2025
Minimum$250k

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.

IREX II Self-Storage Portfolio, formally IREX II Storage Portfolio DST, is a Delaware statutory trust sponsored by Invesco Real Estate Exchange LLC and announced by Invesco Real Estate Income Trust Inc. (INREIT), a public non-listed REIT. The trust holds eight self-storage properties across Tennessee, Texas, North Carolina, and Oregon, managed by Westport Properties, Inc. Invesco reported on July 2, 2025 that the offering was fully subscribed, raising $85.7 million in aggregate gross proceeds. An issuer-filed amended Form D dated July 15, 2025 listed a total offering amount of $85,695,652 with $80,663,234 sold as of that filing.

IREX II Self-Storage Portfolio property

0% LTV; min $250k; 87.2% occ; mgr Westport Properties; 721 UPREIT into INREIT; raised $85.7M 7/2025

3,894 units / ~463k SF (8 props)
City-level mapClarksville, TN metroCity-level location. Exact address not publicly confirmed.
Form D raise progress

About Form D raise progress

Top1031 compares the amount reported sold with the stated offering amount in issuer-filed Form D notices through Jul 15, 2025.

  • Amounts are self-reported by the issuer and may be amended.
  • Filings can lag current subscriptions and do not confirm that interests remain available.
  • A Form D notice does not mean the SEC approved, endorsed, or verified the offering.
Latest Form D filed Jul 15, 2025

Based on issuer-filed Form D notices through Jul 15, 2025. 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 amount94.0%
Capital sold, per latest Form D$80,663,234
Remaining amount reported in latest Form D$5,032,418
Investor count reported in latest Form D70
Stated minimum investment$250,000
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SEC filing recordMatched to public SEC filings
First filedDec 11, 2024
Latest filingJul 15, 2025
Filings tracked8
View filing on SEC EDGAR

Form 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

Portfolio and operator

IREX II Storage Portfolio DST holds eight self-storage properties located in Tennessee, Texas, North Carolina, and Oregon 1. The properties are managed by Westport Properties, Inc. 2.

Sponsor

The sponsor is Invesco Real Estate Exchange LLC, and the offering was announced by Invesco Real Estate Income Trust Inc. (INREIT), an institutionally managed public non-listed REIT 1.

Offering

Invesco reported on July 2, 2025 that the DST was fully subscribed, raising $85.7 million in aggregate gross proceeds 1. An issuer-filed amended Form D dated July 15, 2025 listed a total offering amount of $85,695,652 with $80,663,234 sold as of that filing 3.

Sources (3)

In the news

Frequently asked questions

Is IREX II Self-Storage Portfolio currently active?

IREX II Self-Storage Portfolio 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 IREX II Self-Storage Portfolio?

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.