IREX IV Industrial Portfolio

Fully subscribedIndustrial
Talk to a 1031 specialistData updated Mar 10, 2026
Offering size$94.0M
Asset typeIndustrial
LocationConcord, NC
FinancingNot disclosed
Regulation D exemptionRule 506(b)
Sponsor-reported potential 721/UPREIT exitNo
First filedDec 10, 2025
Last filedMar 10, 2026
Minimum

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 IV Industrial Portfolio DST is a Delaware statutory trust sponsored by Invesco Real Estate Exchange, affiliated with Invesco Real Estate Income Trust (INREIT), and structured to let investors complete a like-kind exchange under Internal Revenue Code Section 1031. The sponsor reports the trust holds three industrial properties in Florida and North Carolina totaling 537,947 net rentable square feet, 100% occupied at closing and leased to STIHL Inc., Artisan Design Group, and Cameron Ashley. The offering launched in October 2025, and in May 2026 the sponsor reported it fully subscribed, raising approximately $94 million in gross proceeds.

IREX IV Industrial Portfolio property

100% occ; tenants incl STIHL (Mebane), Artisan Design Grp, Cameron Ashley (Ft Pierce); raised $94M 5/2026

537,947 SF (3 props)
Exact-address mapConcord, NCAddress matched to a cited source
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 Mar 10, 2026.

  • 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 Mar 10, 2026

Based on issuer-filed Form D notices through Mar 10, 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 amount85.0%
Capital sold, per latest Form D$80,134,031
Remaining amount reported in latest Form D$13,844,464
Investor count reported in latest Form D59
Stated minimum investment
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SEC filing recordMatched to public SEC filings
First filedDec 10, 2025
Latest filingMar 10, 2026
Filings tracked5
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 tenants

IREX IV Industrial Portfolio DST holds three industrial properties located across Florida and North Carolina, totaling 537,947 net rentable square feet and reported 100% occupied at closing. The sponsor identifies the tenants as STIHL Inc., Artisan Design Group, and Cameron Ashley. Property locations include sites in Fort Pierce, Florida, and Concord and Mebane, North Carolina. 2

Offering and sponsor

The trust is sponsored by Invesco Real Estate Exchange, affiliated with Invesco Real Estate Income Trust (INREIT). Its offering launched in October 2025 to qualify investors for a Section 1031 like-kind exchange. A Form D/A filed on 2026-03-10 reported a total offering amount of $93,978,495, with $80,134,031 sold as of that date. 1 In May 2026 the sponsor reported the offering fully subscribed, raising approximately $94 million in gross proceeds and surpassing the prior IREX III program's $87.3 million raise. 2

Sources (2)

In the news

Frequently asked questions

Is IREX IV Industrial Portfolio currently active?

IREX IV Industrial 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 IV Industrial 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.