StocksMedium•2 November 2026•
1 min read
Alpine Income Property Completes $117.3M Industrial Portfolio Acquisition
Key Facts
1Alpine Income Property Trust completed the acquisition of a 13-property industrial portfolio for $117.3 million.
2The acquisition cost for the industrial portfolio was approximately $63 per square foot.
Alpine Income Property Trust completed the acquisition of a 13-property industrial portfolio for $117.3 million. GlobeNewswire reported that the acquisition cost for the industrial portfolio was approximately $63 per square foot as the company targets expansion in the industrial sector.
PINE closed at $16.39 on October 30, 2026, having reached a day high of $16.72 and a low of $16.35 during that session. The transaction aligns with the company's focus on growing its holdings in single-tenant net leased commercial income properties.