Nareit Welcomes New Member

Nareit is pleased to welcome a new corporate member.

Alpine Income Property Trust, Inc. is a newly organized real estate company that owns and operates a portfolio of high-quality single-tenant net lease commercial properties, all of which are leased on a long-term basis and located primarily in or in close proximity to major metropolitan statistical areas. The company’s portfolio consists of 29 assets, occupied by 23 tenants in 15 industries across 19 markets and 13 states. PINE intends to elect to be taxed as a REIT, for U.S. federal income tax purposes.

(Contact: Afia Nyarko Boone at aboone@nareit.com and Katelyn Rowland at krowland@nareit.com)

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The Nareit Developments section on reit.com provides updates of Nareit's activities and key events impacting the REIT and commercial real estate industry. Nareit is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. Please see our Terms of Use.