---
schema_version: "secwatch.filing_event.v1"
accession: "0001625941-25-000015"
form_type: "8-K"
ticker: null
cik: "0001625941"
company_name: "ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc."
filed_at: "2025-04-15T23:59:59+00:00"
generated_at: "2026-05-23T14:41:25.308625+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Ares Industrial REIT NAV per share $12.8643; Scott Recknor retiring June 6

## Summary
- Scott Recknor, Head of Asset Management, retires effective June 6, 2025; will assist transition until then.
- NAV per Fund Interest $12.8643 as of March 31, up from $12.8484 in February; Aggregate Fund NAV $4.38B.
- Portfolio 94.8% occupied (95.3% leased) across 255 buildings, 54.7M sq ft; weighted-average lease term 3.8 years.
- Leverage ratio 45.6%, weighted-average interest rate 4.75%; Q1 gross proceeds $128.6M, redemptions $75.5M.
- Monthly distribution maintained at $0.05 per share for March 2025.

## SEC filing metadata
- accession: 0001625941-25-000015
- form_type: 8-K
- cik: 0001625941
- company_name: ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.
- filed_at: 2025-04-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1625941/000162594125000015/0001625941-25-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1625941/000162594125000015/aire-20250331x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001625941-25-000015
- JSON: https://secwatch.observer/filing/0001625941-25-000015.json
- Plain text: https://secwatch.observer/filing/0001625941-25-000015.txt

## Key facts
- Executive change
  Scott Recknor retired as Head of Asset Management at ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc..
  - Action: retired
  - Role: Head of Asset Management
  source text: Scott Recknor, the Company’s Head of Asset Management, notified the Company of his decision to retire.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1625941/000162594125000015/0001625941-25-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.