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Alpine Income Property Trust, Inc. (PINE) Stock Analysis

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Free AI-powered analysis and research for Alpine Income Property Trust, Inc. stock

Sector: Real Estate

Full PINE report

Alpine Income Property Trust, Inc. (PINE) is listed in the Real Estate sector. The snapshot on this page updates daily; run a full report for the complete breakdown.

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πŸ“° Latest Update

Alpine Income Property Trust Completes Acquisition of 13-Property Industrial Portfolio for $117.3 Million

Alpine Income Property Trust, Inc. (NYSE: PINE) has completed the acquisition of a 13-property industrial portfolio for $117.3 million, totaling approximately 1.9 million square feet across 209 acres in 11 states. The portfolio is fully leased to nine tenants under absolute triple-net leases, featuring a weighted average remaining lease term of 10.2 years and built-in annual rent escalators. The acquisition was funded through borrowings from the company's revolving credit facility.

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