Ares Industrial REIT issues ~3.34M shares for $43.5M in unregistered sales

ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.

Issued 3,336,044 shares across three classes, gross proceeds $43.5M, from June 2 to July 1, 2025.
Class S-PR: 1,772,692 shares for $23.2M (incl. $297,575 selling commissions/fees).
Class I-PR: 1,559,488 shares for $20.2M; Class D-PR: 3,864 shares for $50,037.
All shares sold in exempt transactions under Regulation D; includes DRIP issuances.

item 3.02

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