Alpine Income Property Trust: agrees to buy 13-property industrial portfolio for $117,300,000

What happened

• On Oct 5, 2026, a wholly owned subsidiary of Alpine Income Property OP, LP entered into a Purchase and Sale Agreement (the "PSA") with a certain institutional owner for the purchase of a 13-property industrial portfolio located across 11 states (the "Portfolio").
• The PSA sets the total purchase price at $117,300,000, subject to adjustment for closing prorations. On Oct 9, 2026, the company's $1,000,000 earnest money deposit became non-refundable, and the company now deems the closing of the acquisition to be probable.
• The filing states certain closing conditions remain unmet and, until closing, there can be no assurance the company will acquire the Portfolio.

Key details

• 13 properties across 11 states.
• Purchase price of $117,300,000, subject to closing prorations.
• $1,000,000 earnest money deposit became non-refundable on Oct 9, 2026.
• The company filed historical financial statements of the Portfolio and unaudited pro forma consolidated financial information related to the acquisition.

Why it may matter

• The filing reports Item 1.01 (entry into a material definitive agreement) for the PSA to acquire the Portfolio and Item 7.01 (Regulation FD disclosure) for a press release issued Oct 9, 2026.
• The filing includes historical financial statements and pro forma financial information for the Portfolio.
• The filing does not show why the insider traded or why the company acted.