{"id":908681,"date":"2025-11-12T07:13:23","date_gmt":"2025-11-12T12:13:23","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/alpine-income-property-trust-acquires-sams-club-for-15-4-million\/"},"modified":"2025-11-12T07:13:23","modified_gmt":"2025-11-12T12:13:23","slug":"alpine-income-property-trust-acquires-sams-club-for-15-4-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/alpine-income-property-trust-acquires-sams-club-for-15-4-million\/","title":{"rendered":"Alpine Income Property Trust Acquires Sam\u2019s Club for $15.4 Million"},"content":{"rendered":"<h2>\nIncreases Presence in High Growth State of Texas<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">WINTER PARK, Fla., Nov.  12, 2025  (GLOBE NEWSWIRE) &#8212; Alpine Income Property Trust, Inc. (NYSE: PINE) (the \u201cCompany\u201d) today announced the acquisition of a 131,039-square-foot property net leased to Sam\u2019s Club, located on approximately 12 acres in Houston, Texas. Sam\u2019s Club is a subsidiary of Walmart, which holds an AA credit rating. With this acquisition, Walmart becomes the Company\u2019s fifth largest tenant as of today, joining a portfolio led by investment grade-rated tenants Lowe\u2019s and Dick\u2019s Sporting Goods.<\/p>\n<p align=\"justify\">Sam\u2019s Club has operated at this location for nearly 25 years, within a dense infill market in Houston, Texas. The surrounding area features strong demographics, including an average household income of $111,000 and population of over 300,000 within a five-mile radius.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>About Alpine Income Property Trust, Inc.<\/u><br \/>\n        <\/strong>\u00a0<\/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=N0fwC048K4vh28L8gumMMJJdq0syi5eGkoV3b-TxCa4uxn8KefuWI3nIe0nPjguBCr7XYvHikIu1Hph48tTrsSDE07Rhmkf2PhuzP9Ps80I=\" rel=\"nofollow\" target=\"_blank\">http:\/\/www.alpinereit.com<\/a>.\u00a0\u00a0<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>Safe Harbor<\/u><br \/>\n        <\/strong>\u00a0<\/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 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<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU3MzM2MiM3MjU3MzkwIzUwMDA2OTQ4Ng==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MzJjZWRjYjMtNjdjYS00YmJjLWFkYjctMDk3MmNmYmE2OThkLTUwMDA2OTQ4Ni0yMDI1LTExLTEyLWVu\/tiny\/Alpine-Income-Property-Trust.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Contact:\r\nInvestor Relations\r\nir@alpinereit.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Increases Presence in High Growth State of Texas WINTER PARK, Fla., Nov. 12, 2025 (GLOBE NEWSWIRE) &#8212; Alpine Income Property Trust, Inc. (NYSE: PINE) (the \u201cCompany\u201d) today announced the acquisition of a 131,039-square-foot property net leased to Sam\u2019s Club, located on approximately 12 acres in Houston, Texas. Sam\u2019s Club is a subsidiary of Walmart, which holds an AA credit rating. With this acquisition, Walmart becomes the Company\u2019s fifth largest tenant as of today, joining a portfolio led by investment grade-rated tenants Lowe\u2019s and Dick\u2019s Sporting Goods. Sam\u2019s Club has operated at this location for nearly 25 years, within a dense infill market in Houston, Texas. The surrounding area features strong demographics, including an average household income of $111,000 and population &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alpine-income-property-trust-acquires-sams-club-for-15-4-million\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Alpine Income Property Trust Acquires Sam\u2019s Club for $15.4 Million&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-908681","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Alpine Income Property Trust Acquires Sam\u2019s Club for $15.4 Million - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alpine-income-property-trust-acquires-sams-club-for-15-4-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alpine Income Property Trust Acquires Sam\u2019s Club for $15.4 Million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Increases Presence in High Growth State of Texas WINTER PARK, Fla., Nov. 12, 2025 (GLOBE NEWSWIRE) &#8212; Alpine Income Property Trust, Inc. (NYSE: PINE) (the \u201cCompany\u201d) today announced the acquisition of a 131,039-square-foot property net leased to Sam\u2019s Club, located on approximately 12 acres in Houston, Texas. Sam\u2019s Club is a subsidiary of Walmart, which holds an AA credit rating. With this acquisition, Walmart becomes the Company\u2019s fifth largest tenant as of today, joining a portfolio led by investment grade-rated tenants Lowe\u2019s and Dick\u2019s Sporting Goods. Sam\u2019s Club has operated at this location for nearly 25 years, within a dense infill market in Houston, Texas. The surrounding area features strong demographics, including an average household income of $111,000 and population &hellip; Continue reading &quot;Alpine Income Property Trust Acquires Sam\u2019s Club for $15.4 Million&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/alpine-income-property-trust-acquires-sams-club-for-15-4-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-12T12:13:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU3MzM2MiM3MjU3MzkwIzUwMDA2OTQ4Ng==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alpine-income-property-trust-acquires-sams-club-for-15-4-million\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alpine-income-property-trust-acquires-sams-club-for-15-4-million\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Alpine Income Property Trust Acquires Sam\u2019s Club for $15.4 Million\",\"datePublished\":\"2025-11-12T12:13:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alpine-income-property-trust-acquires-sams-club-for-15-4-million\\\/\"},\"wordCount\":555,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alpine-income-property-trust-acquires-sams-club-for-15-4-million\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTU3MzM2MiM3MjU3MzkwIzUwMDA2OTQ4Ng==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alpine-income-property-trust-acquires-sams-club-for-15-4-million\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alpine-income-property-trust-acquires-sams-club-for-15-4-million\\\/\",\"name\":\"Alpine Income Property Trust Acquires Sam\u2019s Club for $15.4 Million - 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