Alpine Income Property Trust closes $117.3 million industrial portfolio acquisition
Alpine Income Property Trust completed the acquisition of a 13-property industrial portfolio in 11 states for $117.3 million on October 30, 2026, funded with borrowings under its revolving credit facility. The company says the portfolio is 100% leased to nine tenants under absolute triple-net leases with a 10.2-year weighted average remaining lease term, which it expects to support future cash flow growth.
Key points
- Purchase price of $117.3 million, or $63 per square foot, for about 1.9 million square feet on 209 acres
- Portfolio is 100% leased to nine tenants under absolute triple-net leases, with 10.2 years of weighted average remaining lease term
- Acquisition funded with borrowings under the company's revolving credit facility
- Seller is an institutional owner with no material relationship to the company apart from this acquisition
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.