Alpine Income Property Trust Announces the Acquisition of a Diversified Portfolio for $14.8 Million Through a Partial OP Unit Transaction

Jun 30, 2021

DAYTONA BEACH, Fla., June 30, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today it has acquired a diversified portfolio of nine high-quality retail net lease properties, and is under agreement to acquire a tenth property (together, the “Portfolio”) for a total combined purchase price of $14.8 million.

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