IREX VI Retail DST
Investment Description
IREX VI Retail DST holds portions of Knightdale Marketplace, a retail center in Knightdale, North Carolina, near Raleigh. The property includes commercial space leased to retail tenants. Investors hold interests in a parent Delaware statutory trust owning East and West operating trusts under an affiliated master-lease structure.
Key Facts
- Fundraising Status
- Open
- Sponsor Name
- Invesco Real Estate Exchange LLC
- Location(s)
- North Carolina
- Equity
- $90,860,215
- Debt
- $0
- LTV (investor offering)
- 0.00%
- Property Type
- Retail power center
Figures use offering-document terms. Investor LTV is allocated debt divided by equity plus debt. Income is projected distributions on original equity; averages exclude sale or 721 proceeds and are not IRRs. Average assumes continued DST ownership through the source forecast. Figures reflect reviewed document dates, not current operating results. Projections are not guaranteed; availability is maintained separately.
Sponsor Overview
Invesco Real Estate Exchange LLC
Invesco Real Estate Exchange LLC sponsors the offering. Invesco DST Manager LLC manages the trust, an affiliated master tenant leases the property, and M & J Wilkow provides property management.