Alpine Income Property Trust, Inc. filed a Form 8-K on November 2, 2026, reporting the completion of a $117.3 million acquisition of a 13-property industrial portfolio spanning 11 states, with the transaction closing on October 30, 2026.

Key Highlights

  • Acquisition closed October 30, 2026: Alpine Income Property Trust completed the purchase of a 13-property industrial portfolio on that date, according to the filing.
  • Purchase price of $117.3 million: The company disclosed the portfolio was acquired for a total consideration of $117.3 million.
  • Portfolio spans 11 states: The 13 properties are located across 11 states, the filing states.
  • Funded by revolving credit facility: The company reported the acquisition was funded using borrowings under its revolving credit facility.
  • Seller is unaffiliated: According to the filing, the seller does not have any material relationship with the company or its subsidiaries, other than with respect to this acquisition.
  • Press release issued November 2, 2026: The company announced the closing via a press release attached as Exhibit 99.1 to the filing.

Alpine Income Property Trust Completes $117.3 Million Industrial Portfolio Acquisition

Alpine Income Property Trust, Inc. (NYSE:PINE) disclosed in an 8-K filed November 2, 2026, that it completed the acquisition of a 13-property industrial portfolio on October 30, 2026. The portfolio was purchased from an institutional seller for a purchase price of $117.3 million. The filing states that the seller "does not have any material relationship with the Company or its subsidiaries, other than with respect to the Company's acquisition of the Portfolio."

According to the filing, the acquisition was funded entirely through borrowings under the company's revolving credit facility. No additional financing details, such as interest rates or drawn balances, were provided in this filing. The properties are spread across 11 states, though the filing does not identify the specific states or individual property locations in the 8-K text itself.

The company also noted under Item 9.01 that the required financial statements of the acquired business and the pro forma financial information were previously filed as exhibits to a separate Form 8-K submitted on October 9, 2026. The current filing incorporates those documents by reference rather than refiling them. The press release announcing the closing was attached as Exhibit 99.1 and furnished under Regulation FD, which the filing notes "shall not be deemed to be 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934."

What Was Disclosed

The filing reports the October 30, 2026 closing of a 13-property industrial portfolio acquisition for $117.3 million, funded by the company's revolving credit facility, with the seller described as having no prior material relationship with the company.