Ares Industrial REIT renews advisory agreement for one year through April 30, 2025

ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.

Amended and Restated Advisory Agreement (2024) effective April 30, 2024, replacing the 2023 agreement.
Term runs to April 30, 2025, with terms substantially unchanged from prior year.
Agreement clarifies descriptions of services provided by Advisor Ares Commercial Real Estate Management LLC and reimbursable expenses.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc. entered into Amended and Restated Advisory Agreement (2024) with Ares Commercial Real Estate Management LLC (effective 2024-04-30).

Action: entry
Counterparty: Ares Commercial Real Estate Management LLC
Effective: 2024-04-30

Exact text from the filing

the Company, the Operating Partnership and the Advisor renewed the 2023 Advisory Agreement on substantially the same terms through April 30, 2025, by entering into the Amended and Restated Advisory Agreement (2024) (the “2024 Advisory Agreement”), effective as of April 30, 2024.

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Source: SEC EDGAR

accession 0001625941-24-000041

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