Alpine Income Property Trust, Inc. Completes Acquisition of 13-Property Industrial Portfolio for $117.3 Million
Acquiring Company
Alpine Income Property Trust
Acquired Company
13-Property Industrial Portfolio
Description
On October 30, 2026, Alpine Income Property Trust, Inc. completed the acquisition of a 13-property industrial portfolio from an institutional owner for $117.3 million. This strategic acquisition is expected to add significant value to Alpine's investment portfolio. The purchase was financed through borrowings under the company's revolving credit facility.
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Frequently asked
Who acquired 13-Property Industrial Portfolio?
13-Property Industrial Portfolio was acquired by Alpine Income Property Trust, based in Winter Park. The deal was reported on November 2, 2026. Alpine Income Property Trust, Inc. Alpine Income Property Trust is publicly traded (PINE) and operates in Financial Services.
When did Alpine Income Property Trust acquire 13-Property Industrial Portfolio?
Alpine Income Property Trust's acquisition of 13-Property Industrial Portfolio was reported on November 2, 2026. On October 30, 2026, Alpine Income Property Trust, Inc. completed the acquisition of a 13-property industrial portfolio from an institutional owner for $117.3 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does 13-Property Industrial Portfolio do?
The portfolio consists of 13 shallow-bay industrial buildings with a diverse tenant mix and an average lease term of over 4 years. It is strategically positioned in key submarkets across the Chicago and Milwaukee areas to meet growing industrial demand. It is privately held, operating in Manufacturing, and is based in Rosemont.
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