Alpine Income Property Trust Acquires Aspen Retail Property for $10 Million

Reuters

Jan 20

<a href="https://laohu8.com/S/PINE">Alpine Income Property Trust</a> Acquires <a href="https://laohu8.com/S/1F3.SI">Aspen</a> Retail Property for $10 Million

Alpine Income Property Trust, Inc. (NYSE: PINE) has acquired a 6,529-square foot retail property in downtown Aspen, Colorado for $10.0 million. The property was purchased at an initial cap rate of 8.5% with 1.25% annual rent escalators and is structured as a 50-year absolute triple net master lease with a commercial real estate firm specializing in retail project leasing. The property is located in a prime retail corridor and benefits from an average household income of $187,000 within a five-mile radius.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alpine Income Property Trust Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9628283) on January 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The property was purchased at an initial cap rate of 8.5% with 1.25% annual rent escalators and is structured as a 50-year absolute triple net master lease with a commercial real estate firm specializing in retail project leasing. The property is located in a prime retail corridor and benefits from an average household income of $187,000 within a five-mile radius.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alpine Income Property Trust Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9628283) on January 20, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PINE","symbol_name":"Alpine Income Property Trust, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260120:nNDLhfBM1:1","article_id":"2604197237","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2604197237","pubTimestamp":1768910123,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Alpine Income Property Trust, Inc.  has acquired a 6,529-square foot retail property in downtown Aspen, Colorado for $10.0 million. 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(NYSE: PINE) has acquired a 6,529-square foot retail property in downtown Aspen, Colorado for $10.0 million. The property was purchased at an initial cap rate of 8.5% with 1.25% annual rent escalators and is structured as a 50-year absolute triple net master lease with a commercial real estate firm specializing in retail project leasing. The property is located in a prime retail corridor and benefits from an average household income of $187,000 within a five-mile radius.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alpine Income Property Trust Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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