Day: July 2, 2025

Invesco Real Estate Income Trust Inc. Fully Subscribes IREX II Self-Storage Portfolio DST Offering

Invesco Real Estate Income Trust Inc. (“INREIT”), an institutionally managed public non-listed REIT, announced it has fully subscribed IREX II Self-Storage Portfolio Delaware Statutory Trust (DST), which raised $85.7 million in aggregate. The IREX II Self-Storage Portfolio DST consists of eight self-storage properties diversified in four states (TN, TX, NC, and OR) and 3,894 total rental units across 463,495 of net rentable square feet. The asset was sourced by Invesco Real Estate Income Trust Inc. (“INREIT”), which has a $945.3M total asset value as of May 31, 2025, diversified by…

AZ Storage and RV Parking Hosts Grand Opening in Pahrump, NV

With a crowd of around 30 friends, family, employees and chamber of commerce members, and with taco and ice cream trucks, AZ Storage and RV Parking cut the ribbon for their grand opening on Monday, June 23. The state-of-the-art self-storage, RV and boat parking facility is located at 2530 E. Commerce St. in Pahrump. The new property has “296 [self-storage] units, and 48 RV spaces; 10 covered, and 38 uncovered,” explains Sylvia Sumner, who owns the business with her husband, Justin. The storage units are available in four sizes, ranging…