{"id":17425,"date":"2026-02-02T16:30:01","date_gmt":"2026-02-02T22:30:01","guid":{"rendered":"https:\/\/1reason.com\/re\/alpine-income-property-trust-acquires-property-in-aspen-colorado-for-10-0-million\/17425\/"},"modified":"2026-02-03T10:30:01","modified_gmt":"2026-02-03T16:30:01","slug":"alpine-income-property-trust-acquires-property-in-aspen-colorado-for-10-0-million","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/alpine-income-property-trust-acquires-property-in-aspen-colorado-for-10-0-million\/17425\/","title":{"rendered":"Alpine Income Property Trust Acquires Property in Aspen, Colorado for $10.0 Million"},"content":{"rendered":"<div> The acquisition was structured as a 50-year absolute triple net master lease with an established commercial real estate firm that specializes in retail project leasing. Situated in a desirable retail corridor, the property benefits from an average household income of $187,000 within a five-mile radius.  <\/p>\n<p align=\"justify\"><strong><u>About Alpine Income Property Trust, Inc.<\/u><\/strong><\/p>\n<p align=\"justify\">Alpine Income Property Trust, Inc. (NYSE: PINE) is a publicly traded real estate investment trust that seeks to deliver attractive risk-adjusted returns and dependable cash dividends by investing in, owning and operating a diversified portfolio of single tenant net leased commercial income properties that are predominantly leased to high-quality publicly traded and credit-rated tenants.<\/p>\n<p align=\"justify\">We encourage you to review our most recent investor presentation which is available on our website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8knua5XG2VVOoXlfzXNlEvJhzXuDITxSn2ZJxog7Tpin45wSM7rQpoAgMGMwThaYoonGvcjgid4JKC0K0KgkX9xSJOqCWvDM65cSAuealKc=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\">http:\/\/www.alpinereit.com<\/a>.<\/p>\n<p><strong><u>Safe Harbor<\/u><\/strong><\/p>\n<p align=\"justify\">This press release may contain \u201cforward-looking statements.\u201d Forward-looking statements include statements that may be identified by words such as \u201ccould,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cwill,\u201d \u201clikely,\u201d \u201canticipates,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cseeks,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cexpects,\u201d \u201ccontinues,\u201d \u201cprojects\u201d and similar references to future periods, or by the inclusion of forecasts or projections. Forward-looking statements are based on the Company\u2019s current expectations and assumptions regarding capital market conditions, the Company\u2019s business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, the Company\u2019s actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include general business and economic conditions, continued volatility and uncertainty in the credit markets and broader financial markets, risks inherent in the real estate business, including tenant defaults, potential liability relating to environmental matters, credit risk associated with the Company investing in first mortgage investments, illiquidity of real estate investments and potential damages from natural disasters, the impact of epidemics or pandemics on the Company\u2019s business and the business of its tenants and the impact of such epidemics or pandemics on the U.S. economy and market conditions generally, other factors affecting the Company\u2019s business or the business of its tenants that are beyond the control of the Company or its tenants, and the factors set forth under \u201cRisk Factors\u201d in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2024 and in the Company\u2019s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2025 and other risks and uncertainties discussed from time to time in the Company\u2019s filings with the U.S. Securities and Exchange Commission. Any forward-looking statement made in this press release speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.<\/p>\n<pre>CONTACT: Contact:&#013;\nInvestor Relations&#013;\nir@alpinereit.com<\/pre>\n<p><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/NzkxZjFkNTEtMDlmZi00MjQwLThjYjYtMzgzMTY2MzhmYWQ3LTUwMDA2OTQ4Ni0yMDI2LTAxLTIwLWVu\/tiny\/Alpine-Income-Property-Trust.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"justify\">WINTER PARK, Fla., Jan. 20, 2026 (GLOBE NEWSWIRE) &#8212; Alpine Income Property Trust, Inc. (NYSE: PINE) (the \u201cCompany\u201d) today announced the acquisition of a 6,529-square foot retail property in downtown Aspen, Colorado for $10.0 million at an initial cap rate of 8.5% with 1.25% annual escalators.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/17425"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=17425"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/17425\/revisions"}],"predecessor-version":[{"id":17432,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/17425\/revisions\/17432"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=17425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=17425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=17425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}