Alpine Income (PINE) Provides Year-to-Date Transaction Updates
PINEAlpine me Property Trust(PINE) ZACKS·2024-06-25 02:10

Alpine Income Property Trust, Inc. (PINE) has provided an update on its year-to-date investment and disposition activities. The company purchased a two-tenant net leased retail property during the second quarter for $14.6 million. This property, spanning approximately 101,000 square feet and situated on 7.38 acres, is fully leased to investment- grade-rated tenants, namely Best Buy and Golf Galaxy (Dick’s Sporting Goods). The tenants have a weighted average remaining lease term of 4.6 years. The acquisition ...