Alpine Income Property Trust Announces Third Quarter and Year-to-Date 2025 Transaction Activity

WINTER PARK, Fla., Oct. 01, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced its investment and disposition activities for the third quarter and year-to-date 2025.

Investment and Disposition Activity

During the third quarter 2025, the Company completed the following transaction activity:

Acquired two properties on September 30, 2025 each ground leased to Lowe’s, an investment grade tenant (rated BBB+ by S&P), for $21.1 million representing a weighted average going-in cash cap rate of 6.0% and a weighted average remaining lease term of approximately 11.6 years.

Lowe’s has now increased to the Company’s largest tenant by annualized base rent, surpassing Dick’s Sporting Goods (rated BBB by S&P), which now ranks as the second largest tenant …

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