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Alpine Income Property Trust Agrees to $117.3 Million Portfolio Deal

The 13-property industrial portfolio totals 1.9 million square feet across 11 states and is fully leased to nine tenants.

Industrial warehouses lining a quiet access road at sunset / TokenPost.ai
Industrial warehouses lining a quiet access road at sunset / TokenPost.ai

Alpine Income Property Trust agreed Friday to acquire a 13-property industrial portfolio for $117.3 million, covering 1.9 million square feet across 11 states.

The purchase price equals $63 per square foot. The portfolio is fully leased to nine tenants.

The deal covers industrial properties.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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