Alpine Income Property Trust Acquires Sam’s Club for $15.4 Million
Alpine Income Property Trust (NYSE: PINE) acquired a 131,039-square-foot Sam’s Club property on approximately 12 acres in Houston, Texas for $15.4 million on Nov. 12, 2025. The property is net leased to Sam’s Club, a Walmart subsidiary with an AA credit rating, and has operated at this location for nearly 25 years.
The asset sits in a dense infill Houston market with an average household income of $111,000 and a population of over 300,000 within five miles; Walmart becomes Alpine’s fifth-largest tenant, joining investment-grade tenants such as Lowe’s and Dick’s Sporting Goods.
Alpine Income Property Trust (NYSE: PINE) ha acquisito una proprietà Sam’s Club di 131.039 piedi quadrati su circa 12 acri a Houston, Texas per $15,4 milioni il 12 nov 2025. La proprietà è locata al netto a Sam’s Club, una controllata di Walmart con una rating di credito AA, ed è operativa in questa sede da quasi 25 anni.
Questo bene si trova in un mercato di Houston denso e di infill con un reddito medio delle famiglie di $111.000 e una popolazione di oltre 300.000 entro cinque miglia; Walmart diventa il quinto inquilino più grande di Alpine, unendosi a inquilini di livello investimento come Lowe’s e Dick’s Sporting Goods.
Alpine Income Property Trust (NYSE: PINE) adquirió una propiedad Sam’s Club de 131,039 pies cuadrados en aproximadamente 12 acres en Houston, Texas por $15.4 millones el 12 de nov de 2025. La propiedad está arrendada netamente a Sam’s Club, una subsidiaria de Walmart con una calificación crediticia AA, y ha operado en esta ubicación durante casi 25 años.
El activo se encuentra en un mercado denso de relleno en Houston, con un ingreso medio por hogar de $111,000 y una población de más de 300,000 dentro de un radio de cinco millas; Walmart se convierte en el quinto arrendatario más grande de Alpine, uniéndose a inquilinos de grado de inversión como Lowe’s y Dick’s Sporting Goods.
Alpine Income Property Trust (NYSE: PINE)가 휴스턴, 텍사스에서 대략 12에이커의 면적에 131,039제곱피트 규모의 Sam’s Club 자산을 $15.4백만에 2025년 11월 12일에 취득했습니다. 이 자산은 Walmart의 자회사인 Sam’s Club에 순임대되며 AA 신용등급을 받고 있으며, 이 위치에서 거의 25년간 운영되어 왔습니다.
이 자산은 휴스턴의 촘촘한 도시 재생 시장에 위치해 있으며 연평균 가구 소득이 $111,000이고 반경 5마일 이내에 인구가 30만 명 이상입니다; Walmart는 Alpine의 다섯 번째로 큰 임차인이 되어 Lowe’s 및 Dick’s Sporting Goods와 같은 투자등급 임차인과 합류합니다.
Alpine Income Property Trust (NYSE: PINE) a acquis une propriété Sam’s Club de 131 039 pieds carrés sur environ 12 acres à Houston, Texas pour 15,4 millions de dollars le 12 novembre 2025. La propriété est louée net à Sam’s Club, une filiale de Walmart avec une notation de crédit AA, et opère à cet endroit depuis près de 25 ans.
L’actif se situe dans un marché dense d’infill à Houston, avec un revenu moyen par ménage de $111 000 et une population de plus de 300 000 à moins de cinq miles; Walmart devient le cinquième plus grand locataire d’Alpine, rejoignant des locataires de grade investissement tels que Lowe’s et Dick’s Sporting Goods.
Alpine Income Property Trust (NYSE: PINE) erwarb eine Sam’s Club-Immobilie mit 131.039 Quadratfuß auf ca. 12 Morgen in Houston, Texas für $15,4 Millionen am 12. November 2025. Die Immobilie ist netto an Sam’s Club vermietet, eine Tochtergesellschaft von Walmart mit einer AA-Kreditbewertung, und wird an diesem Standort seit fast 25 Jahren betrieben.
Das Objekt liegt in einem dicht bebauten Infill-Markt von Houston mit einem durchschnittlichen Haushaltseinkommen von $111.000 und einer Bevölkerung von über 300.000 innerhalb von fünf Meilen; Walmart wird zum fünftgrößten Mieter von Alpine und schließt sich Investitionsgrad-Mietern wie Lowe’s und Dick’s Sporting Goods an.
Alpine Income Property Trust (NYSE: PINE) استحوذت على عقار Sam’s Club بمساحة 131,039 قدم مربع على نحو 12 فداناً في هيوستن، تكساس مقابل $15.4 مليون في 12 نوفمبر 2025. العقار مؤجر صافيًا إلى Sam’s Club، وهي شركة فرعية لـ Walmart وتحمل تصنيف ائتماني AA، وقد تشغّل في هذا الموقع منذ ما يقرب من 25 عاماً.
يقع الأصل في سوق هيوستن المزدحم بالتعشيق، مع دخل أسري متوسط قدره $111,000 وعدد سكان يتجاوز 300,000 ضمن دائرة نصف قطرها 5 أميال؛ وتصبح Walmart المستأجر الخامس الأكبر لـ Alpine، منضمون إلى مستأجرين من درجة استثمارية مثل Lowe’s وDick's Sporting Goods.
- Acquired 131,039 sqft Sam’s Club for $15.4 million (Nov 12, 2025)
- Property sits on approximately 12 acres in Houston, Texas
- Tenant Walmart subsidiary holds an AA credit rating
- Sam’s Club operated at location for nearly 25 years
- 5-mile demographics: average household income $111,000; population >300,000
- None.
Insights
Acquisition expands presence in Texas with a long‑tenured Sam’s Club lease and an AA‑rated parent tenant.
Alpine acquired a 131,039‑square‑foot net‑leased property on approximately 12 acres in Houston for
The business effect is straightforward: the deal adds an income‑producing, single‑tenant asset in a dense infill Houston market with stated nearby demographics (average household income
Increases Presence in High Growth State of Texas
WINTER PARK, Fla., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) today announced the acquisition of a 131,039-square-foot property net leased to Sam’s Club, located on approximately 12 acres in Houston, Texas. Sam’s Club is a subsidiary of Walmart, which holds an AA credit rating. With this acquisition, Walmart becomes the Company’s fifth largest tenant as of today, joining a portfolio led by investment grade-rated tenants Lowe’s and Dick’s Sporting Goods.
Sam’s 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
About Alpine Income Property Trust, Inc.
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.
We encourage you to review our most recent investor presentation which is available on our website at http://www.alpinereit.com.
Safe Harbor
This press release may contain “forward-looking statements.” Forward-looking statements include statements that may be identified by words such as “could,” “may,” “might,” “will,” “likely,” “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” “continues,” “projects” and similar references to future periods, or by the inclusion of forecasts or projections. Forward-looking statements are based on the Company’s current expectations and assumptions regarding capital market conditions, the Company’s 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’s 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’s 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’s business or the business of its tenants that are beyond the control of the Company or its tenants, and the factors set forth under “Risk Factors” in the Company’s 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’s 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.
Contact: Investor Relations ir@alpinereit.com
FAQ
What did Alpine Income Property Trust (PINE) buy on Nov. 12, 2025?
How does the Sam’s Club acquisition affect PINE’s tenant mix?
What credit quality does the Sam’s Club tenant have in PINE’s Nov. 12, 2025 announcement?
Where is the acquired Sam’s Club property located and what are local demographics?
Will the Sam’s Club acquisition likely change PINE’s dividend strategy?
