SEC Info℠  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Alpine Income Property Trust, Inc. – ‘10-Q’ for 9/30/20 – ‘EX-101.PRE’

On:  Friday, 10/30/20, at 4:15pm ET   ·   For:  9/30/20   ·   Accession #:  1558370-20-12158   ·   File #:  1-39143

Previous ‘10-Q’:  ‘10-Q’ on 8/3/20 for 6/30/20   ·   Next:  ‘10-Q’ on 4/22/21 for 3/31/21   ·   Latest:  ‘10-Q’ on 4/18/24 for 3/31/24   ·   8 References:   

Find Words in Filings emoji
 		  in    Show  and   ↓Hints

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/30/20  Alpine Income Prop Trust, Inc.    10-Q        9/30/20   91:8.2M                                   Toppan Merrill Bridge/FA

Quarterly Report   —   Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML    693K 
 2: EX-31.1     Certification -- §302 - SOA'02                      HTML     31K 
 3: EX-31.2     Certification -- §302 - SOA'02                      HTML     31K 
 4: EX-32.1     Certification -- §906 - SOA'02                      HTML     27K 
 5: EX-32.2     Certification -- §906 - SOA'02                      HTML     27K 
12: R1          Document and Entity Information                     HTML     81K 
13: R2          Consolidated and Balance Sheets                     HTML    107K 
14: R3          Consolidated and Balance Sheets (Parenthetical)     HTML     43K 
15: R4          Consolidated and Combined Statements of Operations  HTML     92K 
16: R5          Consolidated and Combined Statements of             HTML     44K 
                Comprehensive Income                                             
17: R6          Consolidated Combined Statements of Shareholders?   HTML     71K 
                Equity                                                           
18: R7          Consolidated Combined Statements of Shareholders?   HTML     26K 
                Equity (Parenthetical)                                           
19: R8          Consolidated Statements of Cash Flows               HTML     96K 
20: R9          Consolidated Statements of Cash Flows               HTML     37K 
                (Parenthetical)                                                  
21: R10         Business and Organization                           HTML     43K 
22: R11         Basis of Presentation and Principles of             HTML     35K 
                Consolidation                                                    
23: R12         Summary of Significant Accounting Policies          HTML     71K 
24: R13         Income Property Portfolio                           HTML    221K 
25: R14         Fair Value of Financial Instruments                 HTML     73K 
26: R15         Intangible Assets and Liabilities                   HTML    128K 
27: R16         Other Assets                                        HTML     47K 
28: R17         Accounts Payable, Accrued Expenses, and Other       HTML     47K 
                Liabilities                                                      
29: R18         Long-Term Debt                                      HTML    119K 
30: R19         Interest Rate Swap                                  HTML     28K 
31: R20         Equity                                              HTML     30K 
32: R21         Common Stock and Earnings Per Share                 HTML     84K 
33: R22         Share Repurchases                                   HTML     27K 
34: R23         Stock-Based Compensation                            HTML     68K 
35: R24         Related Party Management Company                    HTML     64K 
36: R25         Commitments and Contingencies                       HTML     30K 
37: R26         Subsequent Events                                   HTML     31K 
38: R27         Summary of Significant Accounting Policies          HTML    111K 
                (Policies)                                                       
39: R28         Income Property Portfolio (Tables)                  HTML    218K 
40: R29         Fair Value of Financial Instruments (Tables)        HTML     73K 
41: R30         Intangible Assets and Liabilities (Tables)          HTML    130K 
42: R31         Other Assets (Tables)                               HTML     47K 
43: R32         Accounts Payable, Accrued Expenses, and Other       HTML     47K 
                Liabilities (Tables)                                             
44: R33         Long-Term Debt (Tables)                             HTML    117K 
45: R34         Common Stock and Earnings Per Share (Tables)        HTML     82K 
46: R35         Stock-Based Compensation (Tables)                   HTML     65K 
47: R36         Related Party Management Company (Tables)           HTML     41K 
48: R37         BUSINESS AND ORGANIZATION - Business (Details)      HTML     33K 
49: R38         BUSINESS AND ORGANIZATION - COVID-19 Pandemic       HTML     46K 
                (Details)                                                        
50: R39         BUSINESS AND ORGANIZATION - Organization (Details)  HTML     75K 
51: R40         Basis of Presentation and Principles of             HTML     26K 
                Consolidation (Details)                                          
52: R41         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     35K 
                General Information (Details)                                    
53: R42         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     52K 
                Stock-based Compensation (Details)                               
54: R43         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     47K 
                Concentration of Credit Risk (Details)                           
55: R44         INCOME PROPERTY PORTFOLIO - Portfolio Information   HTML     27K 
                (Details)                                                        
56: R45         INCOME PROPERTY PORTFOLIO - Leasing Revenue         HTML     32K 
                (Details)                                                        
57: R46         INCOME PROPERTY PORTFOLIO - Minimum Future Base     HTML     39K 
                Rental Revenue on Non-cancelable Leases (Details)                
58: R47         INCOME PROPERTY PORTFOLIO - Properties Acquired -   HTML     49K 
                General Information (Details)                                    
59: R48         INCOME PROPERTY PORTFOLIO - Properties Acquired -   HTML    149K 
                Tabular Disclosure (Details)                                     
60: R49         INCOME PROPERTY PORTFOLIO - Properties Acquired -   HTML     31K 
                Additional Information (Details)                                 
61: R50         INCOME PROPERTY PORTFOLIO - Properties Sold         HTML     39K 
                (Details)                                                        
62: R51         FAIR VALUE OF FINANCIAL INSTRUMENTS - Carrying      HTML     33K 
                Value and Estimated Fair Value (Details)                         
63: R52         FAIR VALUE OF FINANCIAL INSTRUMENTS - Measured on   HTML     34K 
                a Recurring Basis (Details)                                      
64: R53         INTANGIBLE ASSETS AND LIABILITIES - Components      HTML     49K 
                (Details)                                                        
65: R54         INTANGIBLE ASSETS AND LIABILITIES - Amortization    HTML     31K 
                (Details)                                                        
66: R55         INTANGIBLE ASSETS AND LIABILITIES - Summary of      HTML     80K 
                Estimated Amortization and Accretion (Details)                   
67: R56         Other Assets (Details)                              HTML     37K 
68: R57         Accounts Payable, Accrued Expenses, and Other       HTML     42K 
                Liabilities (Details)                                            
69: R58         LONG-TERM DEBT - Outstanding Indebtedness           HTML     44K 
                (Details)                                                        
70: R59         LONG-TERM DEBT - Credit Facility (Details)          HTML     59K 
71: R60         LONG-TERM DEBT - Components (Details)               HTML     35K 
72: R61         LONG-TERM DEBT - Payments Applicable to Reduction   HTML     29K 
                of Principal (Details)                                           
73: R62         LONG-TERM DEBT - Debt and financing costs           HTML     31K 
                (Details)                                                        
74: R63         LONG-TERM DEBT - Interest Expense (Details)         HTML     34K 
75: R64         Interest Rate Swap (Details)                        HTML     47K 
76: R65         Equity (Details)                                    HTML     32K 
77: R66         Common Stock and Earnings Per Share (Details)       HTML     54K 
78: R67         Share Repurchases (Details)                         HTML     36K 
79: R68         Stock-Based Compensation - Ipo (Details)            HTML     35K 
80: R69         STOCK-BASED COMPENSATION - Compensation Expense     HTML     29K 
                (Details)                                                        
81: R70         STOCK-BASED COMPENSATION - Non-Vested Restricted    HTML     56K 
                Shares (Details)                                                 
82: R71         STOCK-BASED COMPENSATION - Unrecognized             HTML     34K 
                Compensation (Details)                                           
83: R72         STOCK-BASED COMPENSATION - General Information      HTML     37K 
                (Details)                                                        
84: R73         STOCK-BASED COMPENSATION - Stock Compensation       HTML     32K 
                Expense (Details)                                                
85: R74         RELATED PARTY MANAGEMENT COMPANY - General          HTML     62K 
                Information (Details)                                            
86: R75         RELATED PARTY MANAGEMENT COMPANY - Due from the     HTML     34K 
                Company to CTO (Details)                                         
87: R76         Commitments and Contingencies (Details)             HTML     34K 
88: R77         Subsequent Events (Details)                         HTML     44K 
90: XML         IDEA XML File -- Filing Summary                      XML    166K 
89: EXCEL       IDEA Workbook of Financial Reports                  XLSX    113K 
 6: EX-101.INS  XBRL Instance -- pine-20200930                       XML   2.09M 
 8: EX-101.CAL  XBRL Calculations -- pine-20200930_cal               XML    183K 
 9: EX-101.DEF  XBRL Definitions -- pine-20200930_def                XML    641K 
10: EX-101.LAB  XBRL Labels -- pine-20200930_lab                     XML   1.49M 
11: EX-101.PRE  XBRL Presentations -- pine-20200930_pre              XML   1.07M 
 7: EX-101.SCH  XBRL Schema -- pine-20200930                         XSD    215K 
91: ZIP         XBRL Zipped Folder -- 0001558370-20-012158-xbrl      Zip    187K

‘EX-101.PRE’   —   XBRL Presentations — pine-20200930_pre

This Exhibit is an XBRL XML File.

                                                                                                                                                                                
<?xml version="1.0" encoding="windows-1252"?>
<!-- XBRL document created with Toppan Merrill Bridge 9.8.1.3 -->
<!-- Based on XBRL 2.1 -->
<!-- Created on: 10/30/2020 3:01:42 PM -->
<!-- Modified on: 10/30/2020 3:01:42 PM -->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DocumentDocumentAndEntityInformation" roleURI="http://www.ctlc.com/role/DocumentDocumentAndEntityInformation" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#StatementConsolidatedAndBalanceSheets" roleURI="http://www.ctlc.com/role/StatementConsolidatedAndBalanceSheets" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#StatementConsolidatedAndBalanceSheetsParenthetical" roleURI="http://www.ctlc.com/role/StatementConsolidatedAndBalanceSheetsParenthetical" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#StatementConsolidatedAndCombinedStatementsOfOperations" roleURI="http://www.ctlc.com/role/StatementConsolidatedAndCombinedStatementsOfOperations" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#StatementConsolidatedAndCombinedStatementsOfComprehensiveIncome" roleURI="http://www.ctlc.com/role/StatementConsolidatedAndCombinedStatementsOfComprehensiveIncome" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#StatementConsolidatedCombinedStatementsOfShareholdersEquity" roleURI="http://www.ctlc.com/role/StatementConsolidatedCombinedStatementsOfShareholdersEquity" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#StatementConsolidatedCombinedStatementsOfShareholdersEquityParenthetical" roleURI="http://www.ctlc.com/role/StatementConsolidatedCombinedStatementsOfShareholdersEquityParenthetical" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#StatementConsolidatedStatementsOfCashFlows" roleURI="http://www.ctlc.com/role/StatementConsolidatedStatementsOfCashFlows" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#StatementConsolidatedStatementsOfCashFlowsParenthetical" roleURI="http://www.ctlc.com/role/StatementConsolidatedStatementsOfCashFlowsParenthetical" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureBusinessAndOrganization" roleURI="http://www.ctlc.com/role/DisclosureBusinessAndOrganization" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureBasisOfPresentationAndPrinciplesOfConsolidation" roleURI="http://www.ctlc.com/role/DisclosureBasisOfPresentationAndPrinciplesOfConsolidation" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureSummaryOfSignificantAccountingPolicies" roleURI="http://www.ctlc.com/role/DisclosureSummaryOfSignificantAccountingPolicies" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureIncomePropertyPortfolio" roleURI="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolio" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureFairValueOfFinancialInstruments" roleURI="http://www.ctlc.com/role/DisclosureFairValueOfFinancialInstruments" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureIntangibleAssetsAndLiabilities" roleURI="http://www.ctlc.com/role/DisclosureIntangibleAssetsAndLiabilities" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureOtherAssets" roleURI="http://www.ctlc.com/role/DisclosureOtherAssets" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureAccountsPayableAccruedExpensesAndOtherLiabilities" roleURI="http://www.ctlc.com/role/DisclosureAccountsPayableAccruedExpensesAndOtherLiabilities" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureLongTermDebt" roleURI="http://www.ctlc.com/role/DisclosureLongTermDebt" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureInterestRateSwap" roleURI="http://www.ctlc.com/role/DisclosureInterestRateSwap" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureEquity" roleURI="http://www.ctlc.com/role/DisclosureEquity" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureCommonStockAndEarningsPerShare" roleURI="http://www.ctlc.com/role/DisclosureCommonStockAndEarningsPerShare" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureShareRepurchases" roleURI="http://www.ctlc.com/role/DisclosureShareRepurchases" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureStockBasedCompensation" roleURI="http://www.ctlc.com/role/DisclosureStockBasedCompensation" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureRelatedPartyManagementCompany" roleURI="http://www.ctlc.com/role/DisclosureRelatedPartyManagementCompany" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureCommitmentsAndContingencies" roleURI="http://www.ctlc.com/role/DisclosureCommitmentsAndContingencies" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureSubsequentEvents" roleURI="http://www.ctlc.com/role/DisclosureSubsequentEvents" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureSummaryOfSignificantAccountingPoliciesPolicies" roleURI="http://www.ctlc.com/role/DisclosureSummaryOfSignificantAccountingPoliciesPolicies" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureIncomePropertyPortfolioTables" roleURI="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioTables" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureFairValueOfFinancialInstrumentsTables" roleURI="http://www.ctlc.com/role/DisclosureFairValueOfFinancialInstrumentsTables" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureIntangibleAssetsAndLiabilitiesTables" roleURI="http://www.ctlc.com/role/DisclosureIntangibleAssetsAndLiabilitiesTables" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureOtherAssetsTables" roleURI="http://www.ctlc.com/role/DisclosureOtherAssetsTables" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureAccountsPayableAccruedExpensesAndOtherLiabilitiesTables" roleURI="http://www.ctlc.com/role/DisclosureAccountsPayableAccruedExpensesAndOtherLiabilitiesTables" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureLongTermDebtTables" roleURI="http://www.ctlc.com/role/DisclosureLongTermDebtTables" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureCommonStockAndEarningsPerShareTables" roleURI="http://www.ctlc.com/role/DisclosureCommonStockAndEarningsPerShareTables" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureStockBasedCompensationTables" roleURI="http://www.ctlc.com/role/DisclosureStockBasedCompensationTables" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureRelatedPartyManagementCompanyTables" roleURI="http://www.ctlc.com/role/DisclosureRelatedPartyManagementCompanyTables" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureBusinessAndOrganizationBusinessDetails" roleURI="http://www.ctlc.com/role/DisclosureBusinessAndOrganizationBusinessDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureBusinessAndOrganizationCovid19PandemicDetails" roleURI="http://www.ctlc.com/role/DisclosureBusinessAndOrganizationCovid19PandemicDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureBusinessAndOrganizationOrganizationDetails" roleURI="http://www.ctlc.com/role/DisclosureBusinessAndOrganizationOrganizationDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureBasisOfPresentationAndPrinciplesOfConsolidationDetails" roleURI="http://www.ctlc.com/role/DisclosureBasisOfPresentationAndPrinciplesOfConsolidationDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureSummaryOfSignificantAccountingPoliciesGeneralInformationDetails" roleURI="http://www.ctlc.com/role/DisclosureSummaryOfSignificantAccountingPoliciesGeneralInformationDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureSummaryOfSignificantAccountingPoliciesStockBasedCompensationDetails" roleURI="http://www.ctlc.com/role/DisclosureSummaryOfSignificantAccountingPoliciesStockBasedCompensationDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureSummaryOfSignificantAccountingPoliciesConcentrationOfCreditRiskDetails" roleURI="http://www.ctlc.com/role/DisclosureSummaryOfSignificantAccountingPoliciesConcentrationOfCreditRiskDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureIncomePropertyPortfolioPortfolioInformationDetails" roleURI="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioPortfolioInformationDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureIncomePropertyPortfolioLeasingRevenueDetails" roleURI="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioLeasingRevenueDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureIncomePropertyPortfolioMinimumFutureBaseRentalRevenueOnNonCancelableLeasesDetails" roleURI="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioMinimumFutureBaseRentalRevenueOnNonCancelableLeasesDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureIncomePropertyPortfolioPropertiesAcquiredGeneralInformationDetails" roleURI="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioPropertiesAcquiredGeneralInformationDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureIncomePropertyPortfolioPropertiesAcquiredTabularDisclosureDetails" roleURI="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioPropertiesAcquiredTabularDisclosureDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureIncomePropertyPortfolioPropertiesAcquiredAdditionalInformationDetails" roleURI="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioPropertiesAcquiredAdditionalInformationDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureIncomePropertyPortfolioPropertiesSoldDetails" roleURI="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioPropertiesSoldDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureFairValueOfFinancialInstrumentsCarryingValueAndEstimatedFairValueDetails" roleURI="http://www.ctlc.com/role/DisclosureFairValueOfFinancialInstrumentsCarryingValueAndEstimatedFairValueDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureFairValueOfFinancialInstrumentsMeasuredOnRecurringBasisDetails" roleURI="http://www.ctlc.com/role/DisclosureFairValueOfFinancialInstrumentsMeasuredOnRecurringBasisDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureIntangibleAssetsAndLiabilitiesComponentsDetails" roleURI="http://www.ctlc.com/role/DisclosureIntangibleAssetsAndLiabilitiesComponentsDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureIntangibleAssetsAndLiabilitiesAmortizationDetails" roleURI="http://www.ctlc.com/role/DisclosureIntangibleAssetsAndLiabilitiesAmortizationDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureIntangibleAssetsAndLiabilitiesSummaryOfEstimatedAmortizationAndAccretionDetails" roleURI="http://www.ctlc.com/role/DisclosureIntangibleAssetsAndLiabilitiesSummaryOfEstimatedAmortizationAndAccretionDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureOtherAssetsDetails" roleURI="http://www.ctlc.com/role/DisclosureOtherAssetsDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureAccountsPayableAccruedExpensesAndOtherLiabilitiesDetails" roleURI="http://www.ctlc.com/role/DisclosureAccountsPayableAccruedExpensesAndOtherLiabilitiesDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureLongTermDebtOutstandingIndebtednessDetails" roleURI="http://www.ctlc.com/role/DisclosureLongTermDebtOutstandingIndebtednessDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureLongTermDebtCreditFacilityDetails" roleURI="http://www.ctlc.com/role/DisclosureLongTermDebtCreditFacilityDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureLongTermDebtComponentsDetails" roleURI="http://www.ctlc.com/role/DisclosureLongTermDebtComponentsDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureLongTermDebtPaymentsApplicableToReductionOfPrincipalDetails" roleURI="http://www.ctlc.com/role/DisclosureLongTermDebtPaymentsApplicableToReductionOfPrincipalDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureLongTermDebtDebtAndFinancingCostsDetails" roleURI="http://www.ctlc.com/role/DisclosureLongTermDebtDebtAndFinancingCostsDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureLongTermDebtInterestExpenseDetails" roleURI="http://www.ctlc.com/role/DisclosureLongTermDebtInterestExpenseDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureInterestRateSwapDetails" roleURI="http://www.ctlc.com/role/DisclosureInterestRateSwapDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureEquityDetails" roleURI="http://www.ctlc.com/role/DisclosureEquityDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureCommonStockAndEarningsPerShareDetails" roleURI="http://www.ctlc.com/role/DisclosureCommonStockAndEarningsPerShareDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureShareRepurchasesDetails" roleURI="http://www.ctlc.com/role/DisclosureShareRepurchasesDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureStockBasedCompensationIpoDetails" roleURI="http://www.ctlc.com/role/DisclosureStockBasedCompensationIpoDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureStockBasedCompensationCompensationExpenseDetails" roleURI="http://www.ctlc.com/role/DisclosureStockBasedCompensationCompensationExpenseDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureStockBasedCompensationNonVestedRestrictedSharesDetails" roleURI="http://www.ctlc.com/role/DisclosureStockBasedCompensationNonVestedRestrictedSharesDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureStockBasedCompensationUnrecognizedCompensationDetails" roleURI="http://www.ctlc.com/role/DisclosureStockBasedCompensationUnrecognizedCompensationDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureStockBasedCompensationGeneralInformationDetails" roleURI="http://www.ctlc.com/role/DisclosureStockBasedCompensationGeneralInformationDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureStockBasedCompensationStockCompensationExpenseDetails" roleURI="http://www.ctlc.com/role/DisclosureStockBasedCompensationStockCompensationExpenseDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureRelatedPartyManagementCompanyGeneralInformationDetails" roleURI="http://www.ctlc.com/role/DisclosureRelatedPartyManagementCompanyGeneralInformationDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureRelatedPartyManagementCompanyDueFromCompanyToCtoDetails" roleURI="http://www.ctlc.com/role/DisclosureRelatedPartyManagementCompanyDueFromCompanyToCtoDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureCommitmentsAndContingenciesDetails" roleURI="http://www.ctlc.com/role/DisclosureCommitmentsAndContingenciesDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<roleRef xlink:type="simple" xlink:href="pine-20200930.xsd#DisclosureSubsequentEventsDetails" roleURI="http://www.ctlc.com/role/DisclosureSubsequentEventsDetails" xmlns="http://www.xbrl.org/2003/linkbase"/>
<presentationLink xlink:role="http://www.ctlc.com/role/DocumentDocumentAndEntityInformation" xlink:type="extended" xlink:title="00090 - Document - Document and Entity Information" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey_637396668990446533"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityCentralIndexKey_637396668990446533" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType" xlink:label="dei_DocumentType_637396668990486633"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentType_637396668990486633" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport_637396668990486633"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentQuarterlyReport_637396668990486633" order="3" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate_637396668990486633"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentPeriodEndDate_637396668990486633" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport_637396668990486633"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentTransitionReport_637396668990486633" order="5" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber_637396668990486633"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityFileNumber_637396668990486633" order="6" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName_637396668990486633"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityRegistrantName_637396668990486633" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode_637396668990486633"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityIncorporationStateCountryCode_637396668990486633" order="8" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber_637396668990486633"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityTaxIdentificationNumber_637396668990486633" order="9" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1_637396668990486633"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressAddressLine1_637396668990486633" order="10" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2_637396668990486633"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressAddressLine2_637396668990486633" order="11" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown_637396668990486633"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressCityOrTown_637396668990486633" order="12" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince_637396668990486633"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressStateOrProvince_637396668990486633" order="13" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode_637396668990486633"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityAddressPostalZipCode_637396668990486633" order="14" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode_637396668990496662"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_CityAreaCode_637396668990496662" order="15" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber_637396668990496662"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_LocalPhoneNumber_637396668990496662" order="16" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle_637396668990496662"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_Security12bTitle_637396668990496662" order="17" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol_637396668990496662"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_TradingSymbol_637396668990496662" order="18" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName_637396668990496662"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_SecurityExchangeName_637396668990496662" order="19" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus_637396668990496662"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityCurrentReportingStatus_637396668990496662" order="20" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent_637396668990496662"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityInteractiveDataCurrent_637396668990496662" order="21" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory_637396668990496662"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityFilerCategory_637396668990496662" order="22" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness_637396668990496662"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntitySmallBusiness_637396668990496662" order="23" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany_637396668990496662"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityEmergingGrowthCompany_637396668990496662" order="24" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod_637396668990496662"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityExTransitionPeriod_637396668990496662" order="25" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany_637396668990496662"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityShellCompany_637396668990496662" order="26" use="optional"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding_637396668990496662"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_EntityCommonStockSharesOutstanding_637396668990496662" order="27" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate_637396668990506687"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_CurrentFiscalYearEndDate_637396668990506687" order="28" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus_637396668990506687"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentFiscalYearFocus_637396668990506687" order="29" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus_637396668990506687"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_DocumentFiscalPeriodFocus_637396668990506687" order="30" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag_637396668990506687"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="dei_CoverAbstract" xlink:to="dei_AmendmentFlag_637396668990506687" order="31" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/StatementConsolidatedAndBalanceSheets" xlink:type="extended" xlink:title="00100 - Statement - CONSOLIDATED AND BALANCE SHEETS" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="StatementOfFinancialPositionAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable_637396668990506687"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="StatementOfFinancialPositionAbstract" xlink:to="us-gaap_StatementTable_637396668990506687" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="us-gaap_PropertyPlantAndEquipmentByTypeAxis_637396668990506687"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementTable_637396668990506687" xlink:to="us-gaap_PropertyPlantAndEquipmentByTypeAxis_637396668990506687" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="us-gaap_PropertyPlantAndEquipmentTypeDomain_637396668990506687"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PropertyPlantAndEquipmentByTypeAxis_637396668990506687" xlink:to="us-gaap_PropertyPlantAndEquipmentTypeDomain_637396668990506687" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LandMember" xlink:label="us-gaap_LandMember_637396668990506687"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PropertyPlantAndEquipmentTypeDomain_637396668990506687" xlink:to="us-gaap_LandMember_637396668990506687" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BuildingAndBuildingImprovementsMember" xlink:label="us-gaap_BuildingAndBuildingImprovementsMember_637396668990506687"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PropertyPlantAndEquipmentTypeDomain_637396668990506687" xlink:to="us-gaap_BuildingAndBuildingImprovementsMember_637396668990506687" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems_637396668990506687"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementTable_637396668990506687" xlink:to="us-gaap_StatementLineItems_637396668990506687" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="us-gaap_AssetsAbstract_637396668990506687"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_637396668990506687" xlink:to="us-gaap_AssetsAbstract_637396668990506687" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="9"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNetAbstract" xlink:label="us-gaap_PropertyPlantAndEquipmentNetAbstract_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_637396668990506687" xlink:to="us-gaap_PropertyPlantAndEquipmentNetAbstract_637396668990516734" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="us-gaap_PropertyPlantAndEquipmentGross_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PropertyPlantAndEquipmentNetAbstract_637396668990516734" xlink:to="us-gaap_PropertyPlantAndEquipmentGross_637396668990516734" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PropertyPlantAndEquipmentNetAbstract_637396668990516734" xlink:to="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_637396668990516734" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PropertyPlantAndEquipmentNetAbstract_637396668990516734" xlink:to="us-gaap_PropertyPlantAndEquipmentNet_637396668990516734" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_637396668990506687" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_637396668990516734" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_637396668990506687" xlink:to="us-gaap_FiniteLivedIntangibleAssetsNet_637396668990516734" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_StraightLineRentAdjustment" xlink:label="pine_StraightLineRentAdjustment_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_637396668990506687" xlink:to="pine_StraightLineRentAdjustment_637396668990516734" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredCostsCurrentAndNoncurrent" xlink:label="us-gaap_DeferredCostsCurrentAndNoncurrent_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_637396668990506687" xlink:to="us-gaap_DeferredCostsCurrentAndNoncurrent_637396668990516734" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherAssets" xlink:label="us-gaap_OtherAssets_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_637396668990506687" xlink:to="us-gaap_OtherAssets_637396668990516734" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Assets" xlink:label="us-gaap_Assets_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsAbstract_637396668990506687" xlink:to="us-gaap_Assets_637396668990516734" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_637396668990506687" xlink:to="us-gaap_LiabilitiesAndStockholdersEquityAbstract_637396668990516734" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="9"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="us-gaap_LiabilitiesAbstract_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAndStockholdersEquityAbstract_637396668990516734" xlink:to="us-gaap_LiabilitiesAbstract_637396668990516734" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_AccountsPayableAccruedExpensesAndOtherLiabilities" xlink:label="pine_AccountsPayableAccruedExpensesAndOtherLiabilities_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_637396668990516734" xlink:to="pine_AccountsPayableAccruedExpensesAndOtherLiabilities_637396668990516734" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PrepaidRentAndDeferredRevenue" xlink:label="pine_PrepaidRentAndDeferredRevenue_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_637396668990516734" xlink:to="pine_PrepaidRentAndDeferredRevenue_637396668990516734" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BelowMarketLeaseNet" xlink:label="us-gaap_BelowMarketLeaseNet_637396668990516734"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_637396668990516734" xlink:to="us-gaap_BelowMarketLeaseNet_637396668990516734" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LongTermDebt" xlink:label="us-gaap_LongTermDebt_637396668990526748"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_637396668990516734" xlink:to="us-gaap_LongTermDebt_637396668990526748" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Liabilities" xlink:label="us-gaap_Liabilities_637396668990526748"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAbstract_637396668990516734" xlink:to="us-gaap_Liabilities_637396668990526748" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="us-gaap_CommitmentsAndContingencies_637396668990526748"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAndStockholdersEquityAbstract_637396668990516734" xlink:to="us-gaap_CommitmentsAndContingencies_637396668990526748" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="us-gaap_StockholdersEquityAbstract_637396668990526748"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAndStockholdersEquityAbstract_637396668990516734" xlink:to="us-gaap_StockholdersEquityAbstract_637396668990526748" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="us-gaap_PreferredStockValue_637396668990526748"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityAbstract_637396668990526748" xlink:to="us-gaap_PreferredStockValue_637396668990526748" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockValue" xlink:label="us-gaap_CommonStockValue_637396668990526748"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityAbstract_637396668990526748" xlink:to="us-gaap_CommonStockValue_637396668990526748" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdditionalPaidInCapitalCommonStock" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_637396668990526748"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityAbstract_637396668990526748" xlink:to="us-gaap_AdditionalPaidInCapitalCommonStock_637396668990526748" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_637396668990526748"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityAbstract_637396668990526748" xlink:to="us-gaap_RetainedEarningsAccumulatedDeficit_637396668990526748" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_637396668990526748"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityAbstract_637396668990526748" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_637396668990526748" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="us-gaap_StockholdersEquity_637396668990526748"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityAbstract_637396668990526748" xlink:to="us-gaap_StockholdersEquity_637396668990526748" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MinorityInterest" xlink:label="us-gaap_MinorityInterest_637396668990526748"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAndStockholdersEquityAbstract_637396668990516734" xlink:to="us-gaap_MinorityInterest_637396668990526748" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_637396668990536776"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAndStockholdersEquityAbstract_637396668990516734" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_637396668990536776" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_637396668990536776"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LiabilitiesAndStockholdersEquityAbstract_637396668990516734" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_637396668990536776" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="6"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/StatementConsolidatedAndBalanceSheetsParenthetical" xlink:type="extended" xlink:title="00105 - Statement - CONSOLIDATED AND BALANCE SHEETS (Parenthetical)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="StatementOfFinancialPositionAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockNumberOfSharesParValueAndOtherDisclosuresAbstract" xlink:label="us-gaap_CommonStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990536776"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="StatementOfFinancialPositionAbstract" xlink:to="us-gaap_CommonStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990536776" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_637396668990536776"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CommonStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990536776" xlink:to="us-gaap_CommonStockParOrStatedValuePerShare_637396668990536776" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="us-gaap_CommonStockSharesAuthorized_637396668990536776"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CommonStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990536776" xlink:to="us-gaap_CommonStockSharesAuthorized_637396668990536776" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="us-gaap_CommonStockSharesIssued_637396668990536776"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CommonStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990536776" xlink:to="us-gaap_CommonStockSharesIssued_637396668990536776" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="us-gaap_CommonStockSharesOutstanding_637396668990536776"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CommonStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990536776" xlink:to="us-gaap_CommonStockSharesOutstanding_637396668990536776" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockNumberOfSharesParValueAndOtherDisclosuresAbstract" xlink:label="us-gaap_PreferredStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990536776"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="StatementOfFinancialPositionAbstract" xlink:to="us-gaap_PreferredStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990536776" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_637396668990536776"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PreferredStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990536776" xlink:to="us-gaap_PreferredStockParOrStatedValuePerShare_637396668990536776" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="us-gaap_PreferredStockSharesAuthorized_637396668990536776"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PreferredStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990536776" xlink:to="us-gaap_PreferredStockSharesAuthorized_637396668990536776" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="us-gaap_PreferredStockSharesIssued_637396668990536776"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PreferredStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990536776" xlink:to="us-gaap_PreferredStockSharesIssued_637396668990536776" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="us-gaap_PreferredStockSharesOutstanding_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PreferredStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990536776" xlink:to="us-gaap_PreferredStockSharesOutstanding_637396668990546801" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/StatementConsolidatedAndCombinedStatementsOfOperations" xlink:type="extended" xlink:title="00200 - Statement - CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="IncomeStatementAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="us-gaap_RevenuesAbstract_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="IncomeStatementAbstract" xlink:to="us-gaap_RevenuesAbstract_637396668990546801" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LeaseIncome" xlink:label="us-gaap_LeaseIncome_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RevenuesAbstract_637396668990546801" xlink:to="us-gaap_LeaseIncome_637396668990546801" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Revenues" xlink:label="us-gaap_Revenues_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RevenuesAbstract_637396668990546801" xlink:to="us-gaap_Revenues_637396668990546801" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="9"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CostOfRevenueAbstract" xlink:label="us-gaap_CostOfRevenueAbstract_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="IncomeStatementAbstract" xlink:to="us-gaap_CostOfRevenueAbstract_637396668990546801" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RealEstateExpenses" xlink:label="pine_RealEstateExpenses_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CostOfRevenueAbstract_637396668990546801" xlink:to="pine_RealEstateExpenses_637396668990546801" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="us-gaap_GeneralAndAdministrativeExpense_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CostOfRevenueAbstract_637396668990546801" xlink:to="us-gaap_GeneralAndAdministrativeExpense_637396668990546801" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="8"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="us-gaap_DepreciationDepletionAndAmortization_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CostOfRevenueAbstract_637396668990546801" xlink:to="us-gaap_DepreciationDepletionAndAmortization_637396668990546801" order="3" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="9"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="us-gaap_OperatingExpenses_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CostOfRevenueAbstract_637396668990546801" xlink:to="us-gaap_OperatingExpenses_637396668990546801" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="7"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GainLossOnDispositionOfAssets1" xlink:label="us-gaap_GainLossOnDispositionOfAssets1_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="IncomeStatementAbstract" xlink:to="us-gaap_GainLossOnDispositionOfAssets1_637396668990546801" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="us-gaap_OperatingIncomeLoss_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="IncomeStatementAbstract" xlink:to="us-gaap_OperatingIncomeLoss_637396668990546801" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestIncomeExpenseNonoperatingNet" xlink:label="us-gaap_InterestIncomeExpenseNonoperatingNet_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="IncomeStatementAbstract" xlink:to="us-gaap_InterestIncomeExpenseNonoperatingNet_637396668990546801" order="5" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProfitLoss" xlink:label="us-gaap_ProfitLoss_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="IncomeStatementAbstract" xlink:to="us-gaap_ProfitLoss_637396668990546801" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="IncomeStatementAbstract" xlink:to="us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_637396668990546801" order="7" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="IncomeStatementAbstract" xlink:to="us-gaap_NetIncomeLoss_637396668990546801" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="us-gaap_EarningsPerShareAbstract_637396668990546801"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="IncomeStatementAbstract" xlink:to="us-gaap_EarningsPerShareAbstract_637396668990546801" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:label="us-gaap_EarningsPerShareBasicAndDilutedAbstract_637396668990556830"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EarningsPerShareAbstract_637396668990546801" xlink:to="us-gaap_EarningsPerShareBasicAndDilutedAbstract_637396668990556830" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="9"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="us-gaap_EarningsPerShareBasic_637396668990556830"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EarningsPerShareBasicAndDilutedAbstract_637396668990556830" xlink:to="us-gaap_EarningsPerShareBasic_637396668990556830" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="us-gaap_EarningsPerShareDiluted_637396668990556830"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EarningsPerShareBasicAndDilutedAbstract_637396668990556830" xlink:to="us-gaap_EarningsPerShareDiluted_637396668990556830" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="9"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_637396668990556830"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EarningsPerShareAbstract_637396668990546801" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_637396668990556830" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_637396668990556830"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_637396668990556830" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_637396668990556830" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_637396668990556830"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_637396668990556830" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_637396668990556830" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockDividendsPerShareDeclared" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_637396668990556830"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EarningsPerShareAbstract_637396668990546801" xlink:to="us-gaap_CommonStockDividendsPerShareDeclared_637396668990556830" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="5"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/StatementConsolidatedAndCombinedStatementsOfComprehensiveIncome" xlink:type="extended" xlink:title="00300 - Statement - CONSOLIDATED AND COMBINED STATEMENTS OF COMPREHENSIVE INCOME" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss_637396668990556830"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:to="us-gaap_NetIncomeLoss_637396668990556830" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_637396668990556830"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:to="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_637396668990556830" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent" xlink:label="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent_637396668990556830"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_637396668990556830" xlink:to="us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent_637396668990556830" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_637396668990556830"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_637396668990556830" xlink:to="us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_637396668990556830" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="us-gaap_ComprehensiveIncomeNetOfTax_637396668990556830"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:to="us-gaap_ComprehensiveIncomeNetOfTax_637396668990556830" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/StatementConsolidatedCombinedStatementsOfShareholdersEquity" xlink:type="extended" xlink:title="00400 - Statement - CONSOLIDATED COMBINED STATEMENTS OF SHAREHOLDERS&#x2019; EQUITY" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="us-gaap_StatementOfStockholdersEquityAbstract_636082412596230819"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfStockholdersEquityAbstract_636082412596230819" xlink:to="us-gaap_StatementTable_637396668990566855" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="us-gaap_StatementEquityComponentsAxis_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementTable_637396668990566855" xlink:to="us-gaap_StatementEquityComponentsAxis_637396668990566855" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PredecessorEquityMember" xlink:label="pine_PredecessorEquityMember_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementEquityComponentsAxis_637396668990566855" xlink:to="pine_PredecessorEquityMember_637396668990566855" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockMember" xlink:label="us-gaap_CommonStockMember_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementEquityComponentsAxis_637396668990566855" xlink:to="us-gaap_CommonStockMember_637396668990566855" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="us-gaap_AdditionalPaidInCapitalMember_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementEquityComponentsAxis_637396668990566855" xlink:to="us-gaap_AdditionalPaidInCapitalMember_637396668990566855" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="us-gaap_RetainedEarningsMember_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementEquityComponentsAxis_637396668990566855" xlink:to="us-gaap_RetainedEarningsMember_637396668990566855" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="us-gaap_AccumulatedOtherComprehensiveIncomeMember_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementEquityComponentsAxis_637396668990566855" xlink:to="us-gaap_AccumulatedOtherComprehensiveIncomeMember_637396668990566855" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ParentMember" xlink:label="us-gaap_ParentMember_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementEquityComponentsAxis_637396668990566855" xlink:to="us-gaap_ParentMember_637396668990566855" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="us-gaap_NoncontrollingInterestMember_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementEquityComponentsAxis_637396668990566855" xlink:to="us-gaap_NoncontrollingInterestMember_637396668990566855" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="us-gaap_EquityComponentDomain_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementEquityComponentsAxis_637396668990566855" xlink:to="us-gaap_EquityComponentDomain_637396668990566855" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementTable_637396668990566855" xlink:to="us-gaap_StatementLineItems_637396668990566855" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:label="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementLineItems_637396668990566855" xlink:to="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_637396668990566855" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_637396668990566855" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_637396668990566855" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProfitLoss" xlink:label="us-gaap_ProfitLoss_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_637396668990566855" xlink:to="us-gaap_ProfitLoss_637396668990566855" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_637396668990566855" xlink:to="us-gaap_TreasuryStockValueAcquiredCostMethod_637396668990566855" order="3" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures" xlink:label="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_637396668990566855" xlink:to="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_637396668990566855" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_637396668990566855" xlink:to="us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_637396668990566855" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_TransactionsWithParent" xlink:label="pine_TransactionsWithParent_637396668990566855"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_637396668990566855" xlink:to="pine_TransactionsWithParent_637396668990566855" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DividendsCommonStockCash" xlink:label="us-gaap_DividendsCommonStockCash_637396668990576884"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_637396668990566855" xlink:to="us-gaap_DividendsCommonStockCash_637396668990576884" order="7" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="us-gaap_OtherComprehensiveIncomeLossNetOfTax_637396668990576884"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_637396668990566855" xlink:to="us-gaap_OtherComprehensiveIncomeLossNetOfTax_637396668990576884" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromIssuanceOfPrivatePlacement" xlink:label="us-gaap_ProceedsFromIssuanceOfPrivatePlacement_637396668990576884"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_637396668990566855" xlink:to="us-gaap_ProceedsFromIssuanceOfPrivatePlacement_637396668990576884" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_637396668990576884"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_637396668990566855" xlink:to="us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_637396668990576884" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/StatementConsolidatedCombinedStatementsOfShareholdersEquityParenthetical" xlink:type="extended" xlink:title="00405 - Statement - CONSOLIDATED COMBINED STATEMENTS OF SHAREHOLDERS&#x2019; EQUITY (Parenthetical)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="StatementOfStockholdersEquityAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockNumberOfSharesParValueAndOtherDisclosuresAbstract" xlink:label="us-gaap_CommonStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990576884"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="StatementOfStockholdersEquityAbstract" xlink:to="us-gaap_CommonStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990576884" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockDividendsPerShareCashPaid" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid_637396668990576884"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CommonStockNumberOfSharesParValueAndOtherDisclosuresAbstract_637396668990576884" xlink:to="us-gaap_CommonStockDividendsPerShareCashPaid_637396668990576884" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="6"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/StatementConsolidatedStatementsOfCashFlows" xlink:type="extended" xlink:title="00500 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="us-gaap_StatementOfCashFlowsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProfitLoss" xlink:label="us-gaap_ProfitLoss_637396668990576884"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884" xlink:to="us-gaap_ProfitLoss_637396668990576884" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884" xlink:to="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_DepreciationDepletionAndAmortizationIncludingDiscontinuedOperations" xlink:label="pine_DepreciationDepletionAndAmortizationIncludingDiscontinuedOperations_637396668990576884"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884" xlink:to="pine_DepreciationDepletionAndAmortizationIncludingDiscontinuedOperations_637396668990576884" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AmortizationOfBelowMarketLease" xlink:label="us-gaap_AmortizationOfBelowMarketLease_637396668990576884"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884" xlink:to="us-gaap_AmortizationOfBelowMarketLease_637396668990576884" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="us-gaap_AmortizationOfFinancingCosts_637396668990576884"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884" xlink:to="us-gaap_AmortizationOfFinancingCosts_637396668990576884" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_AmortizationOfDeferredExpensesToLeaseIncome" xlink:label="pine_AmortizationOfDeferredExpensesToLeaseIncome_637396668990586909"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884" xlink:to="pine_AmortizationOfDeferredExpensesToLeaseIncome_637396668990586909" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_GainLossOnDispositionOfPropertyPlantEquipmentAndIntangibleAssets" xlink:label="pine_GainLossOnDispositionOfPropertyPlantEquipmentAndIntangibleAssets_637396668990586909"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884" xlink:to="pine_GainLossOnDispositionOfPropertyPlantEquipmentAndIntangibleAssets_637396668990586909" order="5" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="us-gaap_ShareBasedCompensation_637396668990586909"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884" xlink:to="us-gaap_ShareBasedCompensation_637396668990586909" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingAssetsAbstract" xlink:label="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract_637396668990586909"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884" xlink:to="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract_637396668990586909" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidRent" xlink:label="us-gaap_IncreaseDecreaseInPrepaidRent_637396668990586909"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract_637396668990586909" xlink:to="us-gaap_IncreaseDecreaseInPrepaidRent_637396668990586909" order="1" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_IncreaseDecreaseInDeferredRent" xlink:label="pine_IncreaseDecreaseInDeferredRent_637396668990586909"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract_637396668990586909" xlink:to="pine_IncreaseDecreaseInDeferredRent_637396668990586909" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_IncreaseDecreaseInDeferredExpense" xlink:label="pine_IncreaseDecreaseInDeferredExpense_637396668990586909"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract_637396668990586909" xlink:to="pine_IncreaseDecreaseInDeferredExpense_637396668990586909" order="3" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="us-gaap_IncreaseDecreaseInOtherOperatingAssets_637396668990586909"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingAssetsAbstract_637396668990586909" xlink:to="us-gaap_IncreaseDecreaseInOtherOperatingAssets_637396668990586909" order="4" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract" xlink:label="us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract_637396668990586909"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884" xlink:to="us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract_637396668990586909" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_637396668990586909"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract_637396668990586909" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_637396668990586909" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_IncreaseDecreaseInPrepaidRentAndDeferredRevenue" xlink:label="pine_IncreaseDecreaseInPrepaidRentAndDeferredRevenue_637396668990586909"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncreaseDecreaseInOperatingLiabilitiesAbstract_637396668990586909" xlink:to="pine_IncreaseDecreaseInPrepaidRentAndDeferredRevenue_637396668990586909" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_637396668990586909"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_637396668990576884" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_637396668990586909" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_637396668990586909"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_637396668990586909" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsToAcquireRealEstate" xlink:label="us-gaap_PaymentsToAcquireRealEstate_637396668990596937"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_637396668990586909" xlink:to="us-gaap_PaymentsToAcquireRealEstate_637396668990596937" order="1" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromSaleOfProductiveAssets" xlink:label="us-gaap_ProceedsFromSaleOfProductiveAssets_637396668990596937"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_637396668990586909" xlink:to="us-gaap_ProceedsFromSaleOfProductiveAssets_637396668990596937" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_637396668990596937"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_637396668990586909" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_637396668990596937" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_637396668990596937"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_637396668990596937" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="us-gaap_ProceedsFromLinesOfCredit_637396668990596937"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_637396668990596937" xlink:to="us-gaap_ProceedsFromLinesOfCredit_637396668990596937" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RepaymentsOfLinesOfCredit" xlink:label="us-gaap_RepaymentsOfLinesOfCredit_637396668990596937"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_637396668990596937" xlink:to="us-gaap_RepaymentsOfLinesOfCredit_637396668990596937" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_637396668990596937"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_637396668990596937" xlink:to="us-gaap_PaymentsForRepurchaseOfCommonStock_637396668990596937" order="3" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ProceedsFromPaymentsToTransactionsWithParent" xlink:label="pine_ProceedsFromPaymentsToTransactionsWithParent_637396668990596937"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_637396668990596937" xlink:to="pine_ProceedsFromPaymentsToTransactionsWithParent_637396668990596937" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsOfLoanCosts" xlink:label="us-gaap_PaymentsOfLoanCosts_637396668990596937"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_637396668990596937" xlink:to="us-gaap_PaymentsOfLoanCosts_637396668990596937" order="5" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="7"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsOfDividendsCommonStock" xlink:label="us-gaap_PaymentsOfDividendsCommonStock_637396668990596937"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_637396668990596937" xlink:to="us-gaap_PaymentsOfDividendsCommonStock_637396668990596937" order="6" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_637396668990596937"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_637396668990596937" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_637396668990596937" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_637396668990606955"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect_637396668990606955" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_637396668990606955"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_637396668990606955" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_6373966689906069551"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_6373966689906069551" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/StatementConsolidatedStatementsOfCashFlowsParenthetical" xlink:type="extended" xlink:title="00505 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="us-gaap_StatementOfCashFlowsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfStockByClassTable" xlink:label="us-gaap_ScheduleOfStockByClassTable_637396668990606955"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_ScheduleOfStockByClassTable_637396668990606955" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_637396668990606955"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfStockByClassTable_637396668990606955" xlink:to="us-gaap_DerivativeInstrumentRiskAxis_637396668990606955" order="1" use="optional" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="us-gaap_DerivativeContractTypeDomain_637396668990606955"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeInstrumentRiskAxis_637396668990606955" xlink:to="us-gaap_DerivativeContractTypeDomain_637396668990606955" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="us-gaap_InterestRateSwapMember_637396668990606955"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeContractTypeDomain_637396668990606955" xlink:to="us-gaap_InterestRateSwapMember_637396668990606955" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="us-gaap_CreditFacilityAxis_637396668990606955"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfStockByClassTable_637396668990606955" xlink:to="us-gaap_CreditFacilityAxis_637396668990606955" order="2" use="optional" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="us-gaap_CreditFacilityDomain_637396668990606955"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityAxis_637396668990606955" xlink:to="us-gaap_CreditFacilityDomain_637396668990606955" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RevolvingCreditFacilityMember" xlink:label="us-gaap_RevolvingCreditFacilityMember_637396668990606955"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityDomain_637396668990606955" xlink:to="us-gaap_RevolvingCreditFacilityMember_637396668990606955" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="us-gaap_ClassOfStockLineItems_637396668990606955"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfStockByClassTable_637396668990606955" xlink:to="us-gaap_ClassOfStockLineItems_637396668990606955" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="us-gaap_InterestPaidNet_637396668990606955"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990606955" xlink:to="us-gaap_InterestPaidNet_637396668990606955" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestPaidCapitalized" xlink:label="us-gaap_InterestPaidCapitalized_637396668990616983"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990606955" xlink:to="us-gaap_InterestPaidCapitalized_637396668990616983" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LineOfCredit" xlink:label="us-gaap_LineOfCredit_637396668990616983"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990606955" xlink:to="us-gaap_LineOfCredit_637396668990616983" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestRateDerivativeLiabilitiesAtFairValue" xlink:label="us-gaap_InterestRateDerivativeLiabilitiesAtFairValue_637396668990616983"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990606955" xlink:to="us-gaap_InterestRateDerivativeLiabilitiesAtFairValue_637396668990616983" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureBusinessAndOrganization" xlink:type="extended" xlink:title="10101 - Disclosure - BUSINESS AND ORGANIZATION" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_637396668990616983"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_637396668990616983" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureBasisOfPresentationAndPrinciplesOfConsolidation" xlink:type="extended" xlink:title="10201 - Disclosure - BASIS OF PRESENTATION AND PRINCIPLES OF CONSOLIDATION" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_BasisOfPresentationAndPrinciplesOfConsolidationAbstract" xlink:label="pine_BasisOfPresentationAndPrinciplesOfConsolidationAbstract"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_BasisOfPresentationAndPrinciplesOfConsolidationTextBlock" xlink:label="pine_BasisOfPresentationAndPrinciplesOfConsolidationTextBlock_637396668990616983"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_BasisOfPresentationAndPrinciplesOfConsolidationAbstract" xlink:to="pine_BasisOfPresentationAndPrinciplesOfConsolidationTextBlock_637396668990616983" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureSummaryOfSignificantAccountingPolicies" xlink:type="extended" xlink:title="10301 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="us-gaap_AccountingPoliciesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_637396668990616983"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_SignificantAccountingPoliciesTextBlock_637396668990616983" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolio" xlink:type="extended" xlink:title="10401 - Disclosure - INCOME PROPERTY PORTFOLIO" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:label="us-gaap_RealEstateCompaniesDisclosuresAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstateDisclosureTextBlock" xlink:label="us-gaap_RealEstateDisclosureTextBlock_637396668990627008"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:to="us-gaap_RealEstateDisclosureTextBlock_637396668990627008" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureFairValueOfFinancialInstruments" xlink:type="extended" xlink:title="10501 - Disclosure - FAIR VALUE OF FINANCIAL INSTRUMENTS" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="us-gaap_FairValueDisclosuresTextBlock_637396668990627008"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract" xlink:to="us-gaap_FairValueDisclosuresTextBlock_637396668990627008" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="3"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureIntangibleAssetsAndLiabilities" xlink:type="extended" xlink:title="10601 - Disclosure - INTANGIBLE ASSETS AND LIABILITIES" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:label="GoodwillAndIntangibleAssetsDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IntangibleAssetsDisclosureTextBlock" xlink:label="us-gaap_IntangibleAssetsDisclosureTextBlock_637396668990627008"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:to="us-gaap_IntangibleAssetsDisclosureTextBlock_637396668990627008" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureOtherAssets" xlink:type="extended" xlink:title="10701 - Disclosure - OTHER ASSETS" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:label="DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherAssetsDisclosureTextBlock" xlink:label="us-gaap_OtherAssetsDisclosureTextBlock_637396668990627008"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:to="us-gaap_OtherAssetsDisclosureTextBlock_637396668990627008" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureAccountsPayableAccruedExpensesAndOtherLiabilities" xlink:type="extended" xlink:title="10801 - Disclosure - ACCOUNTS PAYABLE, ACCRUED EXPENSES, AND OTHER LIABILITIES" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PayablesAndAccrualsAbstract" xlink:label="PayablesAndAccrualsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureNoncurrentTextBlock" xlink:label="us-gaap_AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureNoncurrentTextBlock_637396668990627008"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="PayablesAndAccrualsAbstract" xlink:to="us-gaap_AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureNoncurrentTextBlock_637396668990627008" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureLongTermDebt" xlink:type="extended" xlink:title="10901 - Disclosure - LONG-TERM DEBT" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="DebtDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LongTermDebtTextBlock" xlink:label="us-gaap_LongTermDebtTextBlock_637396668990637037"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DebtDisclosureAbstract" xlink:to="us-gaap_LongTermDebtTextBlock_637396668990637037" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureInterestRateSwap" xlink:type="extended" xlink:title="11001 - Disclosure - INTEREST RATE SWAP" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_637396668990637037"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:to="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_637396668990637037" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="3"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureEquity" xlink:type="extended" xlink:title="11101 - Disclosure - EQUITY" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityNoteAbstract" xlink:label="us-gaap_StockholdersEquityNoteAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_637396668990637037"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract" xlink:to="us-gaap_StockholdersEquityNoteDisclosureTextBlock_637396668990637037" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureCommonStockAndEarningsPerShare" xlink:type="extended" xlink:title="11201 - Disclosure - COMMON STOCK AND EARNINGS PER SHARE" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="EarningsPerShareAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="us-gaap_EarningsPerShareTextBlock_637396668990637037"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="EarningsPerShareAbstract" xlink:to="us-gaap_EarningsPerShareTextBlock_637396668990637037" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureShareRepurchases" xlink:type="extended" xlink:title="11301 - Disclosure - SHARE REPURCHASES" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TreasuryStockSharesAbstract" xlink:label="us-gaap_TreasuryStockSharesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TreasuryStockTextBlock" xlink:label="us-gaap_TreasuryStockTextBlock_637396668990647066"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_TreasuryStockSharesAbstract" xlink:to="us-gaap_TreasuryStockTextBlock_637396668990647066" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureStockBasedCompensation" xlink:type="extended" xlink:title="11401 - Disclosure - STOCK-BASED COMPENSATION" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_637396668990647066"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock_637396668990647066" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureRelatedPartyManagementCompany" xlink:type="extended" xlink:title="11501 - Disclosure - RELATED PARTY MANAGEMENT COMPANY" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_637396668990647066"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract" xlink:to="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_637396668990647066" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureCommitmentsAndContingencies" xlink:type="extended" xlink:title="11601 - Disclosure - COMMITMENTS AND CONTINGENCIES" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="CommitmentsAndContingenciesDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_637396668990657087"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CommitmentsAndContingenciesDisclosureAbstract" xlink:to="us-gaap_CommitmentsAndContingenciesDisclosureTextBlock_637396668990657087" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureSubsequentEvents" xlink:type="extended" xlink:title="11701 - Disclosure - SUBSEQUENT EVENTS" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="us-gaap_SubsequentEventsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="us-gaap_SubsequentEventsTextBlock_637396668990657087"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventsAbstract" xlink:to="us-gaap_SubsequentEventsTextBlock_637396668990657087" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureSummaryOfSignificantAccountingPoliciesPolicies" xlink:type="extended" xlink:title="20302 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="us-gaap_AccountingPoliciesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="us-gaap_ConsolidationPolicyTextBlock_637396668990657087"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_ConsolidationPolicyTextBlock_637396668990657087" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_UseOfEstimates" xlink:label="us-gaap_UseOfEstimates_637396668990657087"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_UseOfEstimates_637396668990657087" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstateHeldForDevelopmentAndSalePolicy" xlink:label="us-gaap_RealEstateHeldForDevelopmentAndSalePolicy_637396668990657087"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_RealEstateHeldForDevelopmentAndSalePolicy_637396668990657087" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_637396668990657087"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_637396668990657087" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstatePolicyTextBlock" xlink:label="us-gaap_RealEstatePolicyTextBlock_637396668990657087"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_RealEstatePolicyTextBlock_637396668990657087" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RevenueRecognitionLeases" xlink:label="us-gaap_RevenueRecognitionLeases_637396668990687173"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_RevenueRecognitionLeases_637396668990687173" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SalesTaxPolicyTextBlock" xlink:label="pine_SalesTaxPolicyTextBlock_637396668990687173"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="pine_SalesTaxPolicyTextBlock_637396668990687173" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_637396668990687173"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_CashAndCashEquivalentsPolicyTextBlock_637396668990687173" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativesPolicyTextBlock" xlink:label="us-gaap_DerivativesPolicyTextBlock_637396668990687173"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_DerivativesPolicyTextBlock_637396668990687173" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueOfFinancialInstrumentsPolicy" xlink:label="us-gaap_FairValueOfFinancialInstrumentsPolicy_637396668990687173"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_FairValueOfFinancialInstrumentsPolicy_637396668990687173" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_637396668990687173"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_FairValueMeasurementPolicyPolicyTextBlock_637396668990687173" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_637396668990687173"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_EarningsPerSharePolicyTextBlock_637396668990687173" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_637396668990687173"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_IncomeTaxPolicyTextBlock_637396668990687173" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_637396668990687173"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_637396668990687173" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ConcentrationRiskCreditRisk" xlink:label="us-gaap_ConcentrationRiskCreditRisk_637396668990687173"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_ConcentrationRiskCreditRisk_637396668990687173" order="15" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_637396668990687173"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_637396668990687173" order="16" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioTables" xlink:type="extended" xlink:title="30403 - Disclosure - INCOME PROPERTY PORTFOLIO (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:label="us-gaap_RealEstateCompaniesDisclosuresAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeaseLeaseIncomeTableTextBlock" xlink:label="us-gaap_OperatingLeaseLeaseIncomeTableTextBlock_637396668990697220"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:to="us-gaap_OperatingLeaseLeaseIncomeTableTextBlock_637396668990697220" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock_637396668990697220"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock_637396668990697220" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock" xlink:label="us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_637396668990697220"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:to="us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_637396668990697220" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureFairValueOfFinancialInstrumentsTables" xlink:type="extended" xlink:title="30503 - Disclosure - FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTextBlock" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTextBlock_637396668990697220"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract" xlink:to="us-gaap_FairValueByBalanceSheetGroupingTextBlock_637396668990697220" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock" xlink:label="us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_637396668990697220"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract" xlink:to="us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_637396668990697220" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureIntangibleAssetsAndLiabilitiesTables" xlink:type="extended" xlink:title="30603 - Disclosure - INTANGIBLE ASSETS AND LIABILITIES (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:label="GoodwillAndIntangibleAssetsDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ScheduleOfFiniteLivedIntangibleAssetsAndLiabilitiesTableTextBlock" xlink:label="pine_ScheduleOfFiniteLivedIntangibleAssetsAndLiabilitiesTableTextBlock_637396668990697220"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:to="pine_ScheduleOfFiniteLivedIntangibleAssetsAndLiabilitiesTableTextBlock_637396668990697220" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_FiniteLivedIntangibleAssetsAndLiabilitiesAmortizationExpenseAndAccretionIncomeTableTextBlock" xlink:label="pine_FiniteLivedIntangibleAssetsAndLiabilitiesAmortizationExpenseAndAccretionIncomeTableTextBlock_637396668990697220"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:to="pine_FiniteLivedIntangibleAssetsAndLiabilitiesAmortizationExpenseAndAccretionIncomeTableTextBlock_637396668990697220" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ScheduleOfFiniteLivedIntangibleAssetsAndLiabilitiesFutureAmortizationExpenseAndAccretionToIncomeTableTextBlock" xlink:label="pine_ScheduleOfFiniteLivedIntangibleAssetsAndLiabilitiesFutureAmortizationExpenseAndAccretionToIncomeTableTextBlock_637396668990697220"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:to="pine_ScheduleOfFiniteLivedIntangibleAssetsAndLiabilitiesFutureAmortizationExpenseAndAccretionToIncomeTableTextBlock_637396668990697220" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureOtherAssetsTables" xlink:type="extended" xlink:title="30703 - Disclosure - OTHER ASSETS (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:label="DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock" xlink:label="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock_637396668990707241"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:to="us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock_637396668990707241" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureAccountsPayableAccruedExpensesAndOtherLiabilitiesTables" xlink:type="extended" xlink:title="30803 - Disclosure - ACCOUNTS PAYABLE, ACCRUED EXPENSES, AND OTHER LIABILITIES (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PayablesAndAccrualsAbstract" xlink:label="us-gaap_PayablesAndAccrualsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock" xlink:label="us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_637396668990707241"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PayablesAndAccrualsAbstract" xlink:to="us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_637396668990707241" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureLongTermDebtTables" xlink:type="extended" xlink:title="30903 - Disclosure - LONG-TERM DEBT (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="DebtDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ScheduleOfFaceValuesOfLongTermDebtInstrumentsTableTextBlock" xlink:label="pine_ScheduleOfFaceValuesOfLongTermDebtInstrumentsTableTextBlock_637396668990707241"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DebtDisclosureAbstract" xlink:to="pine_ScheduleOfFaceValuesOfLongTermDebtInstrumentsTableTextBlock_637396668990707241" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfDebtInstrumentsTextBlock" xlink:label="us-gaap_ScheduleOfDebtInstrumentsTextBlock_637396668990707241"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DebtDisclosureAbstract" xlink:to="us-gaap_ScheduleOfDebtInstrumentsTextBlock_637396668990707241" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" xlink:label="us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_637396668990707241"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DebtDisclosureAbstract" xlink:to="us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_637396668990707241" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_InterestExpenseDebtTableTextBlock" xlink:label="pine_InterestExpenseDebtTableTextBlock_637396668990707241"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DebtDisclosureAbstract" xlink:to="pine_InterestExpenseDebtTableTextBlock_637396668990707241" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureCommonStockAndEarningsPerShareTables" xlink:type="extended" xlink:title="31203 - Disclosure - COMMON STOCK AND EARNINGS PER SHARE (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="EarningsPerShareAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_637396668990717270"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="EarningsPerShareAbstract" xlink:to="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_637396668990717270" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureStockBasedCompensationTables" xlink:type="extended" xlink:title="31403 - Disclosure - STOCK-BASED COMPENSATION (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_636082412596660862"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NonvestedRestrictedStockSharesActivityTableTextBlock" xlink:label="us-gaap_NonvestedRestrictedStockSharesActivityTableTextBlock_637396668990717270"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_636082412596660862" xlink:to="us-gaap_NonvestedRestrictedStockSharesActivityTableTextBlock_637396668990717270" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_637396668990717270"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_636082412596660862" xlink:to="us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_637396668990717270" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureRelatedPartyManagementCompanyTables" xlink:type="extended" xlink:title="31503 - Disclosure - RELATED PARTY MANAGEMENT COMPANY (Tables)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_637396668990717270"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsTableTextBlock_637396668990717270" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureBusinessAndOrganizationBusinessDetails" xlink:type="extended" xlink:title="40101 - Disclosure - BUSINESS AND ORGANIZATION - Business (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_DescriptionOfBusinessAndSignificantAccountingPoliciesTable" xlink:label="pine_DescriptionOfBusinessAndSignificantAccountingPoliciesTable_637396668990717270"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="pine_DescriptionOfBusinessAndSignificantAccountingPoliciesTable_637396668990717270" order="1" use="optional" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis" xlink:label="srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_637396668990717270"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_DescriptionOfBusinessAndSignificantAccountingPoliciesTable_637396668990717270" xlink:to="srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_637396668990717270" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MortgageLoansOnRealEstateNamePropertyTypeDomain" xlink:label="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_637396668990717270"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_637396668990717270" xlink:to="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_637396668990717270" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RealEstateOperationsMember" xlink:label="pine_RealEstateOperationsMember_637396668990717270"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_637396668990717270" xlink:to="pine_RealEstateOperationsMember_637396668990717270" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_CommercialRealEstateSingleTenantMember" xlink:label="pine_CommercialRealEstateSingleTenantMember_637396668990717270"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_RealEstateOperationsMember_637396668990717270" xlink:to="pine_CommercialRealEstateSingleTenantMember_637396668990717270" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_DescriptionOfBusinessLineItems" xlink:label="pine_DescriptionOfBusinessLineItems_637396668990717270"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_DescriptionOfBusinessAndSignificantAccountingPoliciesTable_637396668990717270" xlink:to="pine_DescriptionOfBusinessLineItems_637396668990717270" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NumberOfRealEstateProperties" xlink:label="us-gaap_NumberOfRealEstateProperties_637396668990717270"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_DescriptionOfBusinessLineItems_637396668990717270" xlink:to="us-gaap_NumberOfRealEstateProperties_637396668990717270" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_NumberOfMarketsInWhichEntityOperates" xlink:label="pine_NumberOfMarketsInWhichEntityOperates_637396668990717270"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_DescriptionOfBusinessLineItems_637396668990717270" xlink:to="pine_NumberOfMarketsInWhichEntityOperates_637396668990717270" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NumberOfStatesInWhichEntityOperates" xlink:label="us-gaap_NumberOfStatesInWhichEntityOperates_637396668990727295"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_DescriptionOfBusinessLineItems_637396668990717270" xlink:to="us-gaap_NumberOfStatesInWhichEntityOperates_637396668990727295" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityNumberOfEmployees" xlink:label="dei_EntityNumberOfEmployees_637396668990727295"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_DescriptionOfBusinessLineItems_637396668990717270" xlink:to="dei_EntityNumberOfEmployees_637396668990727295" order="4" use="optional" priority="2"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureBusinessAndOrganizationCovid19PandemicDetails" xlink:type="extended" xlink:title="40102 - Disclosure - BUSINESS AND ORGANIZATION - COVID-19 Pandemic (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PercentageOfContractualBaseRentReceived" xlink:label="pine_PercentageOfContractualBaseRentReceived_637396668990727295"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="pine_PercentageOfContractualBaseRentReceived_637396668990727295" order="1" use="optional"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PercentageOfUnpaidContractualBaseRentDeferred" xlink:label="pine_PercentageOfUnpaidContractualBaseRentDeferred_637396668990727295"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="pine_PercentageOfUnpaidContractualBaseRentDeferred_637396668990727295" order="2" use="optional"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PercentageOfUnpaidContractualBaseRentAbated" xlink:label="pine_PercentageOfUnpaidContractualBaseRentAbated_637396668990727295"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="pine_PercentageOfUnpaidContractualBaseRentAbated_637396668990727295" order="3" use="optional"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PercentageOfDeferredContractualBaseRentPendingFullExecutionOfLeaseAmendment" xlink:label="pine_PercentageOfDeferredContractualBaseRentPendingFullExecutionOfLeaseAmendment_637396668990727295"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="pine_PercentageOfDeferredContractualBaseRentPendingFullExecutionOfLeaseAmendment_637396668990727295" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PercentageOfContractualBaseRentOnWhichNoAgreementHasBeenReached" xlink:label="pine_PercentageOfContractualBaseRentOnWhichNoAgreementHasBeenReached_637396668990727295"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="pine_PercentageOfContractualBaseRentOnWhichNoAgreementHasBeenReached_637396668990727295" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_NumberOfIncomeProperties" xlink:label="pine_NumberOfIncomeProperties_637396668990727295"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="pine_NumberOfIncomeProperties_637396668990727295" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="us-gaap_ProceedsFromLinesOfCredit_637396668990727295"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_ProceedsFromLinesOfCredit_637396668990727295" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsToAcquireCommercialRealEstate" xlink:label="us-gaap_PaymentsToAcquireCommercialRealEstate_637396668990727295"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_PaymentsToAcquireCommercialRealEstate_637396668990727295" order="8" use="optional"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:label="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_637396668990727295"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_637396668990727295" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LineOfCredit" xlink:label="us-gaap_LineOfCredit_637396668990727295"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_LineOfCredit_637396668990727295" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity" xlink:label="us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_637396668990727295"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_637396668990727295" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureBusinessAndOrganizationOrganizationDetails" xlink:type="extended" xlink:title="40103 - Disclosure - BUSINESS AND ORGANIZATION - Organization (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfStockByClassTable" xlink:label="us-gaap_ScheduleOfStockByClassTable_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_ScheduleOfStockByClassTable_637396668990737323" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfStockByClassTable_637396668990737323" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_637396668990737323" order="1" use="optional" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:label="us-gaap_RelatedPartyDomain_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_637396668990737323" xlink:to="us-gaap_RelatedPartyDomain_637396668990737323" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_AffiliatedEntityMember" xlink:label="srt_AffiliatedEntityMember_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyDomain_637396668990737323" xlink:to="srt_AffiliatedEntityMember_637396668990737323" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_ConsolidatedEntitiesAxis" xlink:label="srt_ConsolidatedEntitiesAxis_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfStockByClassTable_637396668990737323" xlink:to="srt_ConsolidatedEntitiesAxis_637396668990737323" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_ConsolidatedEntitiesDomain" xlink:label="srt_ConsolidatedEntitiesDomain_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesAxis_637396668990737323" xlink:to="srt_ConsolidatedEntitiesDomain_637396668990737323" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_SubsidiariesMember" xlink:label="srt_SubsidiariesMember_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_ConsolidatedEntitiesDomain_637396668990737323" xlink:to="srt_SubsidiariesMember_637396668990737323" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_OwnershipAxis" xlink:label="srt_OwnershipAxis_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfStockByClassTable_637396668990737323" xlink:to="srt_OwnershipAxis_637396668990737323" order="3" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_OwnershipDomain" xlink:label="srt_OwnershipDomain_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_OwnershipAxis_637396668990737323" xlink:to="srt_OwnershipDomain_637396668990737323" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_OperatingPartnershipMember" xlink:label="pine_OperatingPartnershipMember_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_OwnershipDomain_637396668990737323" xlink:to="pine_OperatingPartnershipMember_637396668990737323" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis" xlink:label="srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfStockByClassTable_637396668990737323" xlink:to="srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_637396668990737323" order="4" use="optional" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MortgageLoansOnRealEstateNamePropertyTypeDomain" xlink:label="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_637396668990737323" xlink:to="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_637396668990737323" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RealEstateOperationsMember" xlink:label="pine_RealEstateOperationsMember_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_637396668990737323" xlink:to="pine_RealEstateOperationsMember_637396668990737323" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_CommercialRealEstateSingleTenantMember" xlink:label="pine_CommercialRealEstateSingleTenantMember_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_RealEstateOperationsMember_637396668990737323" xlink:to="pine_CommercialRealEstateSingleTenantMember_637396668990737323" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsidiarySaleOfStockAxis" xlink:label="us-gaap_SubsidiarySaleOfStockAxis_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfStockByClassTable_637396668990737323" xlink:to="us-gaap_SubsidiarySaleOfStockAxis_637396668990737323" order="5" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SaleOfStockNameOfTransactionDomain" xlink:label="us-gaap_SaleOfStockNameOfTransactionDomain_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsidiarySaleOfStockAxis_637396668990737323" xlink:to="us-gaap_SaleOfStockNameOfTransactionDomain_637396668990737323" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IPOMember" xlink:label="us-gaap_IPOMember_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SaleOfStockNameOfTransactionDomain_637396668990737323" xlink:to="us-gaap_IPOMember_637396668990737323" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PrivatePlacementMember" xlink:label="us-gaap_PrivatePlacementMember_637396668990737323"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SaleOfStockNameOfTransactionDomain_637396668990737323" xlink:to="us-gaap_PrivatePlacementMember_637396668990737323" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfStockLineItems" xlink:label="us-gaap_ClassOfStockLineItems_637396668990747348"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfStockByClassTable_637396668990737323" xlink:to="us-gaap_ClassOfStockLineItems_637396668990747348" order="6" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SharePrice" xlink:label="us-gaap_SharePrice_637396668990747348"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="us-gaap_SharePrice_637396668990747348" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_637396668990747348"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="us-gaap_ProceedsFromIssuanceOfCommonStock_637396668990747348" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_637396668990747348"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="us-gaap_StockIssuedDuringPeriodSharesNewIssues_637396668990747348" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_637396668990747348"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="us-gaap_StockIssuedDuringPeriodValueNewIssues_637396668990747348" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsToAcquireInvestments" xlink:label="us-gaap_PaymentsToAcquireInvestments_637396668990747348"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="us-gaap_PaymentsToAcquireInvestments_637396668990747348" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromIssuanceOfPrivatePlacement" xlink:label="us-gaap_ProceedsFromIssuanceOfPrivatePlacement_637396668990747348"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="us-gaap_ProceedsFromIssuanceOfPrivatePlacement_637396668990747348" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_NumberOfPropertiesAcquired" xlink:label="pine_NumberOfPropertiesAcquired_637396668990747348"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="pine_NumberOfPropertiesAcquired_637396668990747348" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_NumberOfContributedProperties" xlink:label="pine_NumberOfContributedProperties_637396668990747348"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="pine_NumberOfContributedProperties_637396668990747348" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PartnersCapitalAccountUnitsConverted" xlink:label="us-gaap_PartnersCapitalAccountUnitsConverted_637396668990747348"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="us-gaap_PartnersCapitalAccountUnitsConverted_637396668990747348" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PartnersCapitalAccountExchangesAndConversions" xlink:label="us-gaap_PartnersCapitalAccountExchangesAndConversions_637396668990747348"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="us-gaap_PartnersCapitalAccountExchangesAndConversions_637396668990747348" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_TransactionCost" xlink:label="pine_TransactionCost_637396668990747348"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="pine_TransactionCost_637396668990747348" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_UnderwritingFees" xlink:label="pine_UnderwritingFees_637396668990757377"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="pine_UnderwritingFees_637396668990757377" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PercentageOfOutstandingCommonStock" xlink:label="pine_PercentageOfOutstandingCommonStock_637396668990757377"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="pine_PercentageOfOutstandingCommonStock_637396668990757377" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityNoteStockSplitConversionRatio1" xlink:label="us-gaap_StockholdersEquityNoteStockSplitConversionRatio1_637396668990757377"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="us-gaap_StockholdersEquityNoteStockSplitConversionRatio1_637396668990757377" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest" xlink:label="us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_637396668990757377"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="us-gaap_SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest_637396668990757377" order="15" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest" xlink:label="us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_637396668990757377"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest_637396668990757377" order="16" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ReitEligibilityDistributableMinimumPercentageOfTaxableIncomeExcludingNetCapitalGains" xlink:label="pine_ReitEligibilityDistributableMinimumPercentageOfTaxableIncomeExcludingNetCapitalGains_637396668990757377"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfStockLineItems_637396668990747348" xlink:to="pine_ReitEligibilityDistributableMinimumPercentageOfTaxableIncomeExcludingNetCapitalGains_637396668990757377" order="17" use="optional" priority="2"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureBasisOfPresentationAndPrinciplesOfConsolidationDetails" xlink:type="extended" xlink:title="40201 - Disclosure - BASIS OF PRESENTATION AND PRINCIPLES OF CONSOLIDATION (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_BasisOfPresentationAndPrinciplesOfConsolidationAbstract" xlink:label="pine_BasisOfPresentationAndPrinciplesOfConsolidationAbstract_637318113908168273"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancialDesignationPredecessorAndSuccessorFixedList" xlink:label="us-gaap_FinancialDesignationPredecessorAndSuccessorFixedList_637396668990767402"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_BasisOfPresentationAndPrinciplesOfConsolidationAbstract_637318113908168273" xlink:to="us-gaap_FinancialDesignationPredecessorAndSuccessorFixedList_637396668990767402" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureSummaryOfSignificantAccountingPoliciesGeneralInformationDetails" xlink:type="extended" xlink:title="40301 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - General Information (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="us-gaap_AccountingPoliciesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CostOfGoodsAndServicesSoldDepreciation" xlink:label="us-gaap_CostOfGoodsAndServicesSoldDepreciation_637396668990767402"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_CostOfGoodsAndServicesSoldDepreciation_637396668990767402" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivable" xlink:label="us-gaap_AllowanceForDoubtfulAccountsReceivable_637396668990767402"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_AllowanceForDoubtfulAccountsReceivable_637396668990767402" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityNoteStockSplitConversionRatio1" xlink:label="us-gaap_StockholdersEquityNoteStockSplitConversionRatio1_637396668990767402"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_StockholdersEquityNoteStockSplitConversionRatio1_637396668990767402" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="7"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ReitEligibilityDistributableMinimumPercentageOfTaxableIncomeExcludingNetCapitalGains" xlink:label="pine_ReitEligibilityDistributableMinimumPercentageOfTaxableIncomeExcludingNetCapitalGains_637396668990767402"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="pine_ReitEligibilityDistributableMinimumPercentageOfTaxableIncomeExcludingNetCapitalGains_637396668990767402" order="4" use="optional" priority="5"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureSummaryOfSignificantAccountingPoliciesStockBasedCompensationDetails" xlink:type="extended" xlink:title="40302 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Stock-based Compensation (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="us-gaap_AccountingPoliciesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668990767402"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668990767402" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PlanNameAxis" xlink:label="us-gaap_PlanNameAxis_637396668990767402"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668990767402" xlink:to="us-gaap_PlanNameAxis_637396668990767402" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PlanNameDomain" xlink:label="us-gaap_PlanNameDomain_637396668990767402"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PlanNameAxis_637396668990767402" xlink:to="us-gaap_PlanNameDomain_637396668990767402" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_EquityIncentivePlansMember" xlink:label="pine_EquityIncentivePlansMember_637396668990767402"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PlanNameDomain_637396668990767402" xlink:to="pine_EquityIncentivePlansMember_637396668990767402" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GranteeStatusAxis" xlink:label="us-gaap_GranteeStatusAxis_637396668990767402"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668990767402" xlink:to="us-gaap_GranteeStatusAxis_637396668990767402" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GranteeStatusDomain" xlink:label="us-gaap_GranteeStatusDomain_637396668990767402"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_GranteeStatusAxis_637396668990767402" xlink:to="us-gaap_GranteeStatusDomain_637396668990767402" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedPaymentArrangementNonemployeeMember" xlink:label="us-gaap_ShareBasedPaymentArrangementNonemployeeMember_637396668990767402"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_GranteeStatusDomain_637396668990767402" xlink:to="us-gaap_ShareBasedPaymentArrangementNonemployeeMember_637396668990767402" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_637396668990777431"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668990767402" xlink:to="us-gaap_DebtInstrumentAxis_637396668990777431" order="3" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_637396668990777431"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_637396668990777431" xlink:to="us-gaap_DebtInstrumentNameDomain_637396668990777431" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_BankOfMontrealCreditAgreementAsAmendedMember" xlink:label="pine_BankOfMontrealCreditAgreementAsAmendedMember_637396668990777431"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_637396668990777431" xlink:to="pine_BankOfMontrealCreditAgreementAsAmendedMember_637396668990777431" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="us-gaap_AwardTypeAxis_637396668990777431"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668990767402" xlink:to="us-gaap_AwardTypeAxis_637396668990777431" order="4" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668990777431"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AwardTypeAxis_637396668990777431" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668990777431" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="us-gaap_RestrictedStockMember_637396668990777431"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668990777431" xlink:to="us-gaap_RestrictedStockMember_637396668990777431" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668990777431"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668990767402" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668990777431" order="5" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_637396668990777431"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668990777431" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized_637396668990777431" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward_637396668990777431"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668990777431" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesPurchasedForAward_637396668990777431" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_MaximumAggregateShareBasedCompensationAndGrantDateFairValueOfAwards" xlink:label="pine_MaximumAggregateShareBasedCompensationAndGrantDateFairValueOfAwards_637396668990777431"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668990777431" xlink:to="pine_MaximumAggregateShareBasedCompensationAndGrantDateFairValueOfAwards_637396668990777431" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_637396668990777431"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668990777431" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_637396668990777431" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodTotalGrantDateFairValue" xlink:label="pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodTotalGrantDateFairValue_637396668990777431"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668990777431" xlink:to="pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodTotalGrantDateFairValue_637396668990777431" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6373966689907774311"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668990777431" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_6373966689907774311" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_637396668990777431"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668990777431" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_637396668990777431" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="us-gaap_DebtInstrumentCarryingAmount_637396668990777431"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668990777431" xlink:to="us-gaap_DebtInstrumentCarryingAmount_637396668990777431" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureSummaryOfSignificantAccountingPoliciesConcentrationOfCreditRiskDetails" xlink:type="extended" xlink:title="40303 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Concentration of Credit Risk (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="us-gaap_AccountingPoliciesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfProductInformationTable" xlink:label="us-gaap_ScheduleOfProductInformationTable_637396668990787455"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_ScheduleOfProductInformationTable_637396668990787455" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ConcentrationRiskByTypeAxis" xlink:label="us-gaap_ConcentrationRiskByTypeAxis_637396668990787455"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfProductInformationTable_637396668990787455" xlink:to="us-gaap_ConcentrationRiskByTypeAxis_637396668990787455" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ConcentrationRiskTypeDomain" xlink:label="us-gaap_ConcentrationRiskTypeDomain_637396668990787455"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ConcentrationRiskByTypeAxis_637396668990787455" xlink:to="us-gaap_ConcentrationRiskTypeDomain_637396668990787455" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RevenueFromRightsConcentrationRiskMember" xlink:label="us-gaap_RevenueFromRightsConcentrationRiskMember_637396668990787455"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ConcentrationRiskTypeDomain_637396668990787455" xlink:to="us-gaap_RevenueFromRightsConcentrationRiskMember_637396668990787455" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RangeAxis" xlink:label="srt_RangeAxis_637396668990787455"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfProductInformationTable_637396668990787455" xlink:to="srt_RangeAxis_637396668990787455" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RangeMember" xlink:label="srt_RangeMember_637396668990787455"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeAxis_637396668990787455" xlink:to="srt_RangeMember_637396668990787455" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MinimumMember" xlink:label="srt_MinimumMember_637396668990787455"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeMember_637396668990787455" xlink:to="srt_MinimumMember_637396668990787455" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CounterpartyNameAxis" xlink:label="srt_CounterpartyNameAxis_637396668990787455"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfProductInformationTable_637396668990787455" xlink:to="srt_CounterpartyNameAxis_637396668990787455" order="3" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RepurchaseAgreementCounterpartyNameDomain" xlink:label="srt_RepurchaseAgreementCounterpartyNameDomain_637396668990787455"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_CounterpartyNameAxis_637396668990787455" xlink:to="srt_RepurchaseAgreementCounterpartyNameDomain_637396668990787455" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_HiltonGrandVacationsMember" xlink:label="pine_HiltonGrandVacationsMember_637396668990787455"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RepurchaseAgreementCounterpartyNameDomain_637396668990787455" xlink:to="pine_HiltonGrandVacationsMember_637396668990787455" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_WellsFargoBankMember" xlink:label="pine_WellsFargoBankMember_637396668990787455"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RepurchaseAgreementCounterpartyNameDomain_637396668990787455" xlink:to="pine_WellsFargoBankMember_637396668990787455" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis" xlink:label="srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_637396668990787455"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfProductInformationTable_637396668990787455" xlink:to="srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_637396668990787455" order="4" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MortgageLoansOnRealEstateNamePropertyTypeDomain" xlink:label="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_637396668990787455"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis_637396668990787455" xlink:to="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_637396668990787455" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RealEstatePortfolioLocatedAtOregonMember" xlink:label="pine_RealEstatePortfolioLocatedAtOregonMember_637396668990797484"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_637396668990787455" xlink:to="pine_RealEstatePortfolioLocatedAtOregonMember_637396668990797484" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RealEstatePortfolioLocatedAtFloridaMember" xlink:label="pine_RealEstatePortfolioLocatedAtFloridaMember_637396668990797484"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_637396668990787455" xlink:to="pine_RealEstatePortfolioLocatedAtFloridaMember_637396668990797484" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RealEstatePortfolioLocatedAtGeorgiaAndNorthCarolinaMember" xlink:label="pine_RealEstatePortfolioLocatedAtGeorgiaAndNorthCarolinaMember_637396668990797484"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_637396668990787455" xlink:to="pine_RealEstatePortfolioLocatedAtGeorgiaAndNorthCarolinaMember_637396668990797484" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ConcentrationRiskByBenchmarkAxis" xlink:label="us-gaap_ConcentrationRiskByBenchmarkAxis_637396668990797484"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfProductInformationTable_637396668990787455" xlink:to="us-gaap_ConcentrationRiskByBenchmarkAxis_637396668990797484" order="5" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ConcentrationRiskBenchmarkDomain" xlink:label="us-gaap_ConcentrationRiskBenchmarkDomain_637396668990797484"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ConcentrationRiskByBenchmarkAxis_637396668990797484" xlink:to="us-gaap_ConcentrationRiskBenchmarkDomain_637396668990797484" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SalesRevenueNetMember" xlink:label="us-gaap_SalesRevenueNetMember_637396668990797484"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ConcentrationRiskBenchmarkDomain_637396668990797484" xlink:to="us-gaap_SalesRevenueNetMember_637396668990797484" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProductInformationLineItems" xlink:label="us-gaap_ProductInformationLineItems_637396668990797484"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfProductInformationTable_637396668990787455" xlink:to="us-gaap_ProductInformationLineItems_637396668990797484" order="6" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ConcentrationRiskPercentage1" xlink:label="us-gaap_ConcentrationRiskPercentage1_637396668990797484"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ProductInformationLineItems_637396668990797484" xlink:to="us-gaap_ConcentrationRiskPercentage1_637396668990797484" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NumberOfRealEstateProperties" xlink:label="us-gaap_NumberOfRealEstateProperties_637396668990797484"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ProductInformationLineItems_637396668990797484" xlink:to="us-gaap_NumberOfRealEstateProperties_637396668990797484" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PercentageOfRealEstatePortfolio" xlink:label="pine_PercentageOfRealEstatePortfolio_637396668990797484"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ProductInformationLineItems_637396668990797484" xlink:to="pine_PercentageOfRealEstatePortfolio_637396668990797484" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioPortfolioInformationDetails" xlink:type="extended" xlink:title="40401 - Disclosure - INCOME PROPERTY PORTFOLIO - Portfolio Information (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:label="us-gaap_RealEstateCompaniesDisclosuresAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NumberOfRealEstateProperties" xlink:label="us-gaap_NumberOfRealEstateProperties_637396668990807509"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:to="us-gaap_NumberOfRealEstateProperties_637396668990807509" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="7"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AreaOfRealEstateProperty" xlink:label="us-gaap_AreaOfRealEstateProperty_637396668990807509"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:to="us-gaap_AreaOfRealEstateProperty_637396668990807509" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="6"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioLeasingRevenueDetails" xlink:type="extended" xlink:title="40402 - Disclosure - INCOME PROPERTY PORTFOLIO - Leasing Revenue (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:label="us-gaap_RealEstateCompaniesDisclosuresAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeasesLeaseIncomeAbstract" xlink:label="us-gaap_OperatingLeasesLeaseIncomeAbstract_637396668990807509"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:to="us-gaap_OperatingLeasesLeaseIncomeAbstract_637396668990807509" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeaseLeaseIncomeLeasePayments" xlink:label="us-gaap_OperatingLeaseLeaseIncomeLeasePayments_637396668990807509"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingLeasesLeaseIncomeAbstract_637396668990807509" xlink:to="us-gaap_OperatingLeaseLeaseIncomeLeasePayments_637396668990807509" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeaseVariableLeaseIncome" xlink:label="us-gaap_OperatingLeaseVariableLeaseIncome_637396668990807509"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingLeasesLeaseIncomeAbstract_637396668990807509" xlink:to="us-gaap_OperatingLeaseVariableLeaseIncome_637396668990807509" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeaseLeaseIncome" xlink:label="us-gaap_OperatingLeaseLeaseIncome_637396668990807509"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OperatingLeasesLeaseIncomeAbstract_637396668990807509" xlink:to="us-gaap_OperatingLeaseLeaseIncome_637396668990807509" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="6"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioMinimumFutureBaseRentalRevenueOnNonCancelableLeasesDetails" xlink:type="extended" xlink:title="40403 - Disclosure - INCOME PROPERTY PORTFOLIO - Minimum Future Base Rental Revenue on Non-cancelable Leases (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:label="us-gaap_RealEstateCompaniesDisclosuresAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsFiscalYearMaturityAbstract" xlink:label="us-gaap_LessorOperatingLeasePaymentsFiscalYearMaturityAbstract_637396668990807509"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:to="us-gaap_LessorOperatingLeasePaymentsFiscalYearMaturityAbstract_637396668990807509" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear_637396668990807509"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LessorOperatingLeasePaymentsFiscalYearMaturityAbstract_637396668990807509" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear_637396668990807509" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths_637396668990807509"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LessorOperatingLeasePaymentsFiscalYearMaturityAbstract_637396668990807509" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths_637396668990807509" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears_637396668990807509"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LessorOperatingLeasePaymentsFiscalYearMaturityAbstract_637396668990807509" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedTwoYears_637396668990807509" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears_637396668990807509"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LessorOperatingLeasePaymentsFiscalYearMaturityAbstract_637396668990807509" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedThreeYears_637396668990807509" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears_637396668990807509"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LessorOperatingLeasePaymentsFiscalYearMaturityAbstract_637396668990807509" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFourYears_637396668990807509" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears_637396668990807509"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LessorOperatingLeasePaymentsFiscalYearMaturityAbstract_637396668990807509" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceivedFiveYears_637396668990807509" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LessorOperatingLeasePaymentsToBeReceived" xlink:label="us-gaap_LessorOperatingLeasePaymentsToBeReceived_637396668990807509"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LessorOperatingLeasePaymentsFiscalYearMaturityAbstract_637396668990807509" xlink:to="us-gaap_LessorOperatingLeasePaymentsToBeReceived_637396668990807509" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioPropertiesAcquiredGeneralInformationDetails" xlink:type="extended" xlink:title="40404 - Disclosure - INCOME PROPERTY PORTFOLIO - Properties Acquired - General Information (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:label="us-gaap_RealEstateCompaniesDisclosuresAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfRealEstatePropertiesTable" xlink:label="us-gaap_ScheduleOfRealEstatePropertiesTable_637396668990817538"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:to="us-gaap_ScheduleOfRealEstatePropertiesTable_637396668990817538" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis" xlink:label="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_637396668990817538"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRealEstatePropertiesTable_637396668990817538" xlink:to="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_637396668990817538" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain" xlink:label="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_637396668990817538"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_637396668990817538" xlink:to="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_637396668990817538" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member" xlink:label="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990817538"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_637396668990817538" xlink:to="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990817538" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member" xlink:label="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member_637396668990817538"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_637396668990817538" xlink:to="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member_637396668990817538" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstatePropertiesLineItems" xlink:label="us-gaap_RealEstatePropertiesLineItems_637396668990817538"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRealEstatePropertiesTable_637396668990817538" xlink:to="us-gaap_RealEstatePropertiesLineItems_637396668990817538" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NumberOfRealEstateProperties" xlink:label="us-gaap_NumberOfRealEstateProperties_637396668990817538"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990817538" xlink:to="us-gaap_NumberOfRealEstateProperties_637396668990817538" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RealEstateAcquiredPurchasePrice" xlink:label="pine_RealEstateAcquiredPurchasePrice_637396668990817538"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990817538" xlink:to="pine_RealEstateAcquiredPurchasePrice_637396668990817538" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RealEstateAndAccumulatedDepreciationAcquisitionCost" xlink:label="pine_RealEstateAndAccumulatedDepreciationAcquisitionCost_637396668990817538"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990817538" xlink:to="pine_RealEstateAndAccumulatedDepreciationAcquisitionCost_637396668990817538" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand_637396668990817538"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990817538" xlink:to="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfLand_637396668990817538" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements" xlink:label="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements_637396668990817538"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990817538" xlink:to="us-gaap_RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements_637396668990817538" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases" xlink:label="us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases_637396668990817538"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990817538" xlink:to="us-gaap_FiniteLivedIntangibleAssetAcquiredInPlaceLeases_637396668990817538" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BelowMarketLeaseNet" xlink:label="us-gaap_BelowMarketLeaseNet_637396668990817538"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990817538" xlink:to="us-gaap_BelowMarketLeaseNet_637396668990817538" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife" xlink:label="pine_AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife_637396668990817538"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990817538" xlink:to="pine_AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife_637396668990817538" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="7"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioPropertiesAcquiredTabularDisclosureDetails" xlink:type="extended" xlink:title="40405 - Disclosure - INCOME PROPERTY PORTFOLIO - Properties Acquired - Tabular Disclosure (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:label="us-gaap_RealEstateCompaniesDisclosuresAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfRealEstatePropertiesTable" xlink:label="us-gaap_ScheduleOfRealEstatePropertiesTable_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:to="us-gaap_ScheduleOfRealEstatePropertiesTable_637396668990827563" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis" xlink:label="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRealEstatePropertiesTable_637396668990827563" xlink:to="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_637396668990827563" order="1" use="optional" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain" xlink:label="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_637396668990827563" xlink:to="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_637396668990827563" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member" xlink:label="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomeProperty7ElevenAustinTexasMember" xlink:label="pine_SingleTenantNetLeaseIncomeProperty7ElevenAustinTexasMember_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomeProperty7ElevenAustinTexasMember_637396668990827563" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomeProperty7ElevenGeorgetownTexasMember" xlink:label="pine_SingleTenantNetLeaseIncomeProperty7ElevenGeorgetownTexasMember_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomeProperty7ElevenGeorgetownTexasMember_637396668990827563" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyConnSHomeplusHurstTexasMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyConnSHomeplusHurstTexasMember_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyConnSHomeplusHurstTexasMember_637396668990827563" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyLehighGasWholesaleServicesIncHighlandHeightsKentuckyMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyLehighGasWholesaleServicesIncHighlandHeightsKentuckyMember_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyLehighGasWholesaleServicesIncHighlandHeightsKentuckyMember_637396668990827563" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyAmericanMultiCinemaIncTyngsboroughMassachusettsMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyAmericanMultiCinemaIncTyngsboroughMassachusettsMember_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyAmericanMultiCinemaIncTyngsboroughMassachusettsMember_637396668990827563" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyHobbyLobbyTulsaOklahomaMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyHobbyLobbyTulsaOklahomaMember_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyHobbyLobbyTulsaOklahomaMember_637396668990827563" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyLongJohnSilverSTulsaOklahomaMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyLongJohnSilverSTulsaOklahomaMember_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyLongJohnSilverSTulsaOklahomaMember_637396668990827563" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyOldTimePotteryOrangeParkFloridaMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyOldTimePotteryOrangeParkFloridaMember_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyOldTimePotteryOrangeParkFloridaMember_637396668990827563" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyFreddySFrozenCustardOrangeParkFloridaMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyFreddySFrozenCustardOrangeParkFloridaMember_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyFreddySFrozenCustardOrangeParkFloridaMember_637396668990827563" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyHobbyLobbyArdenNorthCarolinaMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyHobbyLobbyArdenNorthCarolinaMember_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyHobbyLobbyArdenNorthCarolinaMember_637396668990827563" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyWalmartHowellMichiganMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyWalmartHowellMichiganMember_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyWalmartHowellMichiganMember_637396668990827563" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyAdvancedAutoPartsSevernMarylandMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyAdvancedAutoPartsSevernMarylandMember_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyAdvancedAutoPartsSevernMarylandMember_637396668990827563" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyDollarGeneralHeuveltonNewYorkMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralHeuveltonNewYorkMember_637396668990827563"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralHeuveltonNewYorkMember_637396668990827563" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyDollarGeneralWinthropNewYorkMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralWinthropNewYorkMember_637396668990837591"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralWinthropNewYorkMember_637396668990837591" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyDollarGeneralSalemNewYorkMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralSalemNewYorkMember_637396668990837591"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralSalemNewYorkMember_637396668990837591" order="15" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyDollarGeneralHarrisvilleNewYorkMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralHarrisvilleNewYorkMember_637396668990837591"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralHarrisvilleNewYorkMember_637396668990837591" order="16" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyDollarGeneralNewtonsvilleOhioMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralNewtonsvilleOhioMember_637396668990837591"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralNewtonsvilleOhioMember_637396668990837591" order="17" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyDollarGeneralHammondNewYorkMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralHammondNewYorkMember_637396668990837591"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralHammondNewYorkMember_637396668990837591" order="18" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyDollarGeneralBarkerNewYorkMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralBarkerNewYorkMember_637396668990837591"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralBarkerNewYorkMember_637396668990837591" order="19" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyDollarGeneralChazyNewYorkMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralChazyNewYorkMember_637396668990837591"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralChazyNewYorkMember_637396668990837591" order="20" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyDollarGeneralMilfordMaineMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralMilfordMaineMember_637396668990837591"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralMilfordMaineMember_637396668990837591" order="21" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyDollarGeneralLimestoneMaineMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralLimestoneMaineMember_637396668990837591"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralLimestoneMaineMember_637396668990837591" order="22" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyDollarGeneralBinghamMaineMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralBinghamMaineMember_637396668990847620"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralBinghamMaineMember_637396668990847620" order="23" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyDollarGeneralWillisTexasMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralWillisTexasMember_637396668990847620"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralWillisTexasMember_637396668990847620" order="24" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyDollarGeneralSomervilleTexasMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralSomervilleTexasMember_637396668990847620"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralSomervilleTexasMember_637396668990847620" order="25" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyDollarGeneralOdessaTexasMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralOdessaTexasMember_637396668990847620"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2020Member_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertyDollarGeneralOdessaTexasMember_637396668990847620" order="26" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member" xlink:label="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member_637396668990847620"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_637396668990827563" xlink:to="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member_637396668990847620" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyHobbyLobbyWinstonSalemNorthCarolinaMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyHobbyLobbyWinstonSalemNorthCarolinaMember_637396668990847620"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member_637396668990847620" xlink:to="pine_SingleTenantNetLeaseIncomePropertyHobbyLobbyWinstonSalemNorthCarolinaMember_637396668990847620" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyWalgreensBirminghamAlabamaMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyWalgreensBirminghamAlabamaMember_637396668990847620"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member_637396668990847620" xlink:to="pine_SingleTenantNetLeaseIncomePropertyWalgreensBirminghamAlabamaMember_637396668990847620" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyFamilyDollarLynnMassachusettsMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyFamilyDollarLynnMassachusettsMember_637396668990847620"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member_637396668990847620" xlink:to="pine_SingleTenantNetLeaseIncomePropertyFamilyDollarLynnMassachusettsMember_637396668990847620" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyWalgreensAlbanyGeorgiaMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyWalgreensAlbanyGeorgiaMember_637396668990847620"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member_637396668990847620" xlink:to="pine_SingleTenantNetLeaseIncomePropertyWalgreensAlbanyGeorgiaMember_637396668990847620" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyLiveNationEntertainmentIncEastTroyWisconsinMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyLiveNationEntertainmentIncEastTroyWisconsinMember_637396668990857645"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member_637396668990847620" xlink:to="pine_SingleTenantNetLeaseIncomePropertyLiveNationEntertainmentIncEastTroyWisconsinMember_637396668990857645" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RangeAxis" xlink:label="srt_RangeAxis_637396668990857645"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRealEstatePropertiesTable_637396668990827563" xlink:to="srt_RangeAxis_637396668990857645" order="2" use="optional" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RangeMember" xlink:label="srt_RangeMember_637396668990857645"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeAxis_637396668990857645" xlink:to="srt_RangeMember_637396668990857645" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_WeightedAverageMember" xlink:label="srt_WeightedAverageMember_637396668990857645"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeMember_637396668990857645" xlink:to="srt_WeightedAverageMember_637396668990857645" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstatePropertiesLineItems" xlink:label="us-gaap_RealEstatePropertiesLineItems_637396668990857645"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRealEstatePropertiesTable_637396668990827563" xlink:to="us-gaap_RealEstatePropertiesLineItems_637396668990857645" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RealEstateAndAccumulatedDepreciationDateAcquired1" xlink:label="srt_RealEstateAndAccumulatedDepreciationDateAcquired1_637396668990857645"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990857645" xlink:to="srt_RealEstateAndAccumulatedDepreciationDateAcquired1_637396668990857645" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_AreaOfRealEstatePropertyLeased" xlink:label="pine_AreaOfRealEstatePropertyLeased_637396668990857645"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990857645" xlink:to="pine_AreaOfRealEstatePropertyLeased_637396668990857645" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RealEstateAcquiredPurchasePrice" xlink:label="pine_RealEstateAcquiredPurchasePrice_637396668990857645"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990857645" xlink:to="pine_RealEstateAcquiredPurchasePrice_637396668990857645" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_LessorLeasingArrangementsOperatingLeasesRemainingTermOfContractAtAcquisitionDate" xlink:label="pine_LessorLeasingArrangementsOperatingLeasesRemainingTermOfContractAtAcquisitionDate_637396668990857645"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990857645" xlink:to="pine_LessorLeasingArrangementsOperatingLeasesRemainingTermOfContractAtAcquisitionDate_637396668990857645" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="6"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioPropertiesAcquiredAdditionalInformationDetails" xlink:type="extended" xlink:title="40406 - Disclosure - INCOME PROPERTY PORTFOLIO - Properties Acquired - Additional Information (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:label="us-gaap_RealEstateCompaniesDisclosuresAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfRealEstatePropertiesTable" xlink:label="us-gaap_ScheduleOfRealEstatePropertiesTable_637396668990867670"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:to="us-gaap_ScheduleOfRealEstatePropertiesTable_637396668990867670" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis" xlink:label="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_637396668990867670"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRealEstatePropertiesTable_637396668990867670" xlink:to="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_637396668990867670" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain" xlink:label="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_637396668990867670"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_637396668990867670" xlink:to="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_637396668990867670" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member" xlink:label="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member_637396668990867670"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_637396668990867670" xlink:to="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member_637396668990867670" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyLiveNationEntertainmentIncEastTroyWisconsinMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyLiveNationEntertainmentIncEastTroyWisconsinMember_637396668990867670"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_SingleTenantNetLeaseIncomePropertiesAcquiredIn2019Member_637396668990867670" xlink:to="pine_SingleTenantNetLeaseIncomePropertyLiveNationEntertainmentIncEastTroyWisconsinMember_637396668990867670" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstatePropertiesLineItems" xlink:label="us-gaap_RealEstatePropertiesLineItems_637396668990867670"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRealEstatePropertiesTable_637396668990867670" xlink:to="us-gaap_RealEstatePropertiesLineItems_637396668990867670" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_OpenAirEntertainmentVenueSeatingCapacity" xlink:label="pine_OpenAirEntertainmentVenueSeatingCapacity_637396668990867670"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990867670" xlink:to="pine_OpenAirEntertainmentVenueSeatingCapacity_637396668990867670" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_OutdoorAmphitheatreSeatingCapacity" xlink:label="pine_OutdoorAmphitheatreSeatingCapacity_637396668990867670"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990867670" xlink:to="pine_OutdoorAmphitheatreSeatingCapacity_637396668990867670" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_OutdoorAmphitheaterGreenSpaceAreaMinimum" xlink:label="pine_OutdoorAmphitheaterGreenSpaceAreaMinimum_637396668990867670"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstatePropertiesLineItems_637396668990867670" xlink:to="pine_OutdoorAmphitheaterGreenSpaceAreaMinimum_637396668990867670" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureIncomePropertyPortfolioPropertiesSoldDetails" xlink:type="extended" xlink:title="40407 - Disclosure - INCOME PROPERTY PORTFOLIO - Properties Sold (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:label="us-gaap_RealEstateCompaniesDisclosuresAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable" xlink:label="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RealEstateCompaniesDisclosuresAbstract" xlink:to="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_637396668990877699" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisposalGroupClassificationAxis" xlink:label="us-gaap_DisposalGroupClassificationAxis_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_637396668990877699" xlink:to="us-gaap_DisposalGroupClassificationAxis_637396668990877699" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisposalGroupClassificationDomain" xlink:label="us-gaap_DisposalGroupClassificationDomain_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DisposalGroupClassificationAxis_637396668990877699" xlink:to="us-gaap_DisposalGroupClassificationDomain_637396668990877699" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisposalGroupNotDiscontinuedOperationsMember" xlink:label="us-gaap_DisposalGroupNotDiscontinuedOperationsMember_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DisposalGroupClassificationDomain_637396668990877699" xlink:to="us-gaap_DisposalGroupNotDiscontinuedOperationsMember_637396668990877699" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisposalGroupHeldForSaleOrDisposedOfBySaleNotDiscontinuedOperationsMember" xlink:label="us-gaap_DisposalGroupHeldForSaleOrDisposedOfBySaleNotDiscontinuedOperationsMember_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DisposalGroupNotDiscontinuedOperationsMember_637396668990877699" xlink:to="us-gaap_DisposalGroupHeldForSaleOrDisposedOfBySaleNotDiscontinuedOperationsMember_637396668990877699" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember" xlink:label="us-gaap_DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DisposalGroupHeldForSaleOrDisposedOfBySaleNotDiscontinuedOperationsMember_637396668990877699" xlink:to="us-gaap_DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember_637396668990877699" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" xlink:label="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_637396668990877699" xlink:to="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_637396668990877699" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain" xlink:label="us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_637396668990877699" xlink:to="us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_637396668990877699" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_SingleTenantNetLeaseIncomePropertyOutbackSteakhouseCharlottesvilleVirginiaMember" xlink:label="pine_SingleTenantNetLeaseIncomePropertyOutbackSteakhouseCharlottesvilleVirginiaMember_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_637396668990877699" xlink:to="pine_SingleTenantNetLeaseIncomePropertyOutbackSteakhouseCharlottesvilleVirginiaMember_637396668990877699" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems" xlink:label="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_637396668990877699" xlink:to="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_637396668990877699" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="8"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyHeldForSale" xlink:label="us-gaap_ProceedsFromSaleOfPropertyHeldForSale_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_637396668990877699" xlink:to="us-gaap_ProceedsFromSaleOfPropertyHeldForSale_637396668990877699" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_OccupancyPercentage" xlink:label="pine_OccupancyPercentage_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_637396668990877699" xlink:to="pine_OccupancyPercentage_637396668990877699" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GainLossOnDispositionOfAssets1" xlink:label="us-gaap_GainLossOnDispositionOfAssets1_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_637396668990877699" xlink:to="us-gaap_GainLossOnDispositionOfAssets1_637396668990877699" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_GainOnSaleOfAssetsPerDilutedShare" xlink:label="pine_GainOnSaleOfAssetsPerDilutedShare_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_637396668990877699" xlink:to="pine_GainOnSaleOfAssetsPerDilutedShare_637396668990877699" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_NumberOfPropertiesSold" xlink:label="pine_NumberOfPropertiesSold_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_637396668990877699" xlink:to="pine_NumberOfPropertiesSold_637396668990877699" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureFairValueOfFinancialInstrumentsCarryingValueAndEstimatedFairValueDetails" xlink:type="extended" xlink:title="40501 - Disclosure - FAIR VALUE OF FINANCIAL INSTRUMENTS - Carrying Value and Estimated Fair Value (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueByBalanceSheetGroupingTable" xlink:label="us-gaap_FairValueByBalanceSheetGroupingTable_637396668990877699"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract" xlink:to="us-gaap_FairValueByBalanceSheetGroupingTable_637396668990877699" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="us-gaap_FairValueByMeasurementBasisAxis_637396668990887723"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueByBalanceSheetGroupingTable_637396668990877699" xlink:to="us-gaap_FairValueByMeasurementBasisAxis_637396668990887723" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="us-gaap_PortionAtFairValueFairValueDisclosureMember_637396668990887723"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueByMeasurementBasisAxis_637396668990887723" xlink:to="us-gaap_PortionAtFairValueFairValueDisclosureMember_637396668990887723" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="us-gaap_CarryingReportedAmountFairValueDisclosureMember_637396668990887723"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PortionAtFairValueFairValueDisclosureMember_637396668990887723" xlink:to="us-gaap_CarryingReportedAmountFairValueDisclosureMember_637396668990887723" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="us-gaap_EstimateOfFairValueFairValueDisclosureMember_637396668990887723"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PortionAtFairValueFairValueDisclosureMember_637396668990887723" xlink:to="us-gaap_EstimateOfFairValueFairValueDisclosureMember_637396668990887723" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:label="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_637396668990887723"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueByBalanceSheetGroupingTable_637396668990877699" xlink:to="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_637396668990887723" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsFairValueDisclosure" xlink:label="us-gaap_CashAndCashEquivalentsFairValueDisclosure_637396668990887723"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_637396668990887723" xlink:to="us-gaap_CashAndCashEquivalentsFairValueDisclosure_637396668990887723" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="us-gaap_LongTermDebtFairValue_637396668990887723"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_637396668990887723" xlink:to="us-gaap_LongTermDebtFairValue_637396668990887723" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureFairValueOfFinancialInstrumentsMeasuredOnRecurringBasisDetails" xlink:type="extended" xlink:title="40502 - Disclosure - FAIR VALUE OF FINANCIAL INSTRUMENTS - Measured on a Recurring Basis (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_637396668990887723"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueDisclosuresAbstract" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_637396668990887723" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:label="us-gaap_FairValueByMeasurementFrequencyAxis_637396668990887723"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_637396668990887723" xlink:to="us-gaap_FairValueByMeasurementFrequencyAxis_637396668990887723" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementFrequencyDomain" xlink:label="us-gaap_FairValueMeasurementFrequencyDomain_637396668990887723"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueByMeasurementFrequencyAxis_637396668990887723" xlink:to="us-gaap_FairValueMeasurementFrequencyDomain_637396668990887723" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:label="us-gaap_FairValueMeasurementsRecurringMember_637396668990887723"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueMeasurementFrequencyDomain_637396668990887723" xlink:to="us-gaap_FairValueMeasurementsRecurringMember_637396668990887723" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_637396668990887723"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_637396668990887723" xlink:to="us-gaap_FairValueByFairValueHierarchyLevelAxis_637396668990887723" order="2" use="optional" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_637396668990887723"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueByFairValueHierarchyLevelAxis_637396668990887723" xlink:to="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_637396668990887723" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="us-gaap_FairValueInputsLevel2Member_637396668990897756"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_637396668990887723" xlink:to="us-gaap_FairValueInputsLevel2Member_637396668990897756" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_637396668990897756"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_637396668990887723" xlink:to="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_637396668990897756" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AssetsFairValueDisclosureAbstract" xlink:label="us-gaap_AssetsFairValueDisclosureAbstract_637396668990897756"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_637396668990897756" xlink:to="us-gaap_AssetsFairValueDisclosureAbstract_637396668990897756" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeAssets" xlink:label="us-gaap_DerivativeAssets_637396668990897756"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsFairValueDisclosureAbstract_637396668990897756" xlink:to="us-gaap_DerivativeAssets_637396668990897756" order="1" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeLiabilities" xlink:label="us-gaap_DerivativeLiabilities_637396668990897756"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AssetsFairValueDisclosureAbstract_637396668990897756" xlink:to="us-gaap_DerivativeLiabilities_637396668990897756" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureIntangibleAssetsAndLiabilitiesComponentsDetails" xlink:type="extended" xlink:title="40601 - Disclosure - INTANGIBLE ASSETS AND LIABILITIES - Components (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:label="us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_IntangibleAssetsAndLiabilitiesTable" xlink:label="pine_IntangibleAssetsAndLiabilitiesTable_637396668990897756"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:to="pine_IntangibleAssetsAndLiabilitiesTable_637396668990897756" order="1" use="optional" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis" xlink:label="us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_637396668990897756"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_IntangibleAssetsAndLiabilitiesTable_637396668990897756" xlink:to="us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_637396668990897756" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain" xlink:label="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_637396668990897756"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_637396668990897756" xlink:to="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_637396668990897756" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LeasesAcquiredInPlaceMember" xlink:label="us-gaap_LeasesAcquiredInPlaceMember_637396668990897756"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_637396668990897756" xlink:to="us-gaap_LeasesAcquiredInPlaceMember_637396668990897756" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AboveMarketLeasesMember" xlink:label="us-gaap_AboveMarketLeasesMember_637396668990897756"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_637396668990897756" xlink:to="us-gaap_AboveMarketLeasesMember_637396668990897756" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LeaseAgreementsMember" xlink:label="us-gaap_LeaseAgreementsMember_637396668990897756"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_637396668990897756" xlink:to="us-gaap_LeaseAgreementsMember_637396668990897756" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_IntangibleAssetsAndLiabilitiesLineItems" xlink:label="pine_IntangibleAssetsAndLiabilitiesLineItems_637396668990897756"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_IntangibleAssetsAndLiabilitiesTable_637396668990897756" xlink:to="pine_IntangibleAssetsAndLiabilitiesLineItems_637396668990897756" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsGross" xlink:label="us-gaap_FiniteLivedIntangibleAssetsGross_637396668990897756"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_IntangibleAssetsAndLiabilitiesLineItems_637396668990897756" xlink:to="us-gaap_FiniteLivedIntangibleAssetsGross_637396668990897756" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_637396668990907781"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_IntangibleAssetsAndLiabilitiesLineItems_637396668990897756" xlink:to="us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_637396668990907781" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_637396668990907781"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_IntangibleAssetsAndLiabilitiesLineItems_637396668990897756" xlink:to="us-gaap_FiniteLivedIntangibleAssetsNet_637396668990907781" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BelowMarketLeaseNetAbstract" xlink:label="us-gaap_BelowMarketLeaseNetAbstract_637396668990907781"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_IntangibleAssetsAndLiabilitiesLineItems_637396668990897756" xlink:to="us-gaap_BelowMarketLeaseNetAbstract_637396668990907781" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BelowMarketLeaseGross" xlink:label="us-gaap_BelowMarketLeaseGross_637396668990907781"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_BelowMarketLeaseNetAbstract_637396668990907781" xlink:to="us-gaap_BelowMarketLeaseGross_637396668990907781" order="1" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_IntangibleLeaseLiabilitiesGross" xlink:label="pine_IntangibleLeaseLiabilitiesGross_637396668990907781"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_BelowMarketLeaseNetAbstract_637396668990907781" xlink:to="pine_IntangibleLeaseLiabilitiesGross_637396668990907781" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" priority="7"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BelowMarketLeaseAccumulatedAmortization" xlink:label="us-gaap_BelowMarketLeaseAccumulatedAmortization_637396668990907781"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_BelowMarketLeaseNetAbstract_637396668990907781" xlink:to="us-gaap_BelowMarketLeaseAccumulatedAmortization_637396668990907781" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="8"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BelowMarketLeaseNet" xlink:label="us-gaap_BelowMarketLeaseNet_637396668990907781"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_BelowMarketLeaseNetAbstract_637396668990907781" xlink:to="us-gaap_BelowMarketLeaseNet_637396668990907781" order="4" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_IntangibleAssetsLiabilitiesNetExcludingGoodwill" xlink:label="pine_IntangibleAssetsLiabilitiesNetExcludingGoodwill_637396668990907781"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_IntangibleAssetsAndLiabilitiesLineItems_637396668990897756" xlink:to="pine_IntangibleAssetsLiabilitiesNetExcludingGoodwill_637396668990907781" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureIntangibleAssetsAndLiabilitiesAmortizationDetails" xlink:type="extended" xlink:title="40602 - Disclosure - INTANGIBLE ASSETS AND LIABILITIES - Amortization (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:label="us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AmortizationOfIntangibleAssets" xlink:label="us-gaap_AmortizationOfIntangibleAssets_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:to="us-gaap_AmortizationOfIntangibleAssets_637396668990937859" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AmortizationOfBelowMarketLease" xlink:label="us-gaap_AmortizationOfBelowMarketLease_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:to="us-gaap_AmortizationOfBelowMarketLease_637396668990937859" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_AmortizationOfIntangibleAssetsAndLiabilities" xlink:label="pine_AmortizationOfIntangibleAssetsAndLiabilities_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:to="pine_AmortizationOfIntangibleAssetsAndLiabilities_637396668990937859" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureIntangibleAssetsAndLiabilitiesSummaryOfEstimatedAmortizationAndAccretionDetails" xlink:type="extended" xlink:title="40603 - Disclosure - INTANGIBLE ASSETS AND LIABILITIES - Summary of Estimated Amortization and Accretion (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:label="GoodwillAndIntangibleAssetsDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_IntangibleAssetsAndLiabilitiesTable" xlink:label="pine_IntangibleAssetsAndLiabilitiesTable_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:to="pine_IntangibleAssetsAndLiabilitiesTable_637396668990937859" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis" xlink:label="us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_IntangibleAssetsAndLiabilitiesTable_637396668990937859" xlink:to="us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_637396668990937859" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain" xlink:label="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_637396668990937859" xlink:to="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_637396668990937859" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_LeasesAcquiredInPlaceAndCostOfLeaseAgreementsMember" xlink:label="pine_LeasesAcquiredInPlaceAndCostOfLeaseAgreementsMember_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_637396668990937859" xlink:to="pine_LeasesAcquiredInPlaceAndCostOfLeaseAgreementsMember_637396668990937859" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LeasesAcquiredInPlaceMarketAdjustmentMember" xlink:label="us-gaap_LeasesAcquiredInPlaceMarketAdjustmentMember_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_637396668990937859" xlink:to="us-gaap_LeasesAcquiredInPlaceMarketAdjustmentMember_637396668990937859" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_IntangibleAssetsAndLiabilitiesLineItems" xlink:label="pine_IntangibleAssetsAndLiabilitiesLineItems_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_IntangibleAssetsAndLiabilitiesTable_637396668990937859" xlink:to="pine_IntangibleAssetsAndLiabilitiesLineItems_637396668990937859" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract" xlink:label="us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_IntangibleAssetsAndLiabilitiesLineItems_637396668990937859" xlink:to="us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_637396668990937859" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_637396668990937859" xlink:to="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear_637396668990937859" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_637396668990937859" xlink:to="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_637396668990937859" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_637396668990937859" xlink:to="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_637396668990937859" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_637396668990937859" xlink:to="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_637396668990937859" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour" xlink:label="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_637396668990937859" xlink:to="us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_637396668990937859" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour" xlink:label="pine_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour_637396668990937859"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_637396668990937859" xlink:to="pine_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour_637396668990937859" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="us-gaap_FiniteLivedIntangibleAssetsNet_637396668990947888"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FiniteLivedIntangibleAssetsFutureAmortizationExpenseAbstract_637396668990937859" xlink:to="us-gaap_FiniteLivedIntangibleAssetsNet_637396668990947888" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BelowMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract" xlink:label="us-gaap_BelowMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract_637396668990947888"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_IntangibleAssetsAndLiabilitiesLineItems_637396668990937859" xlink:to="us-gaap_BelowMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract_637396668990947888" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear_637396668990947888"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_BelowMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract_637396668990947888" xlink:to="us-gaap_BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear_637396668990947888" order="1" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BelowMarketLeaseAmortizationIncomeNextTwelveMonths" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeNextTwelveMonths_637396668990947888"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_BelowMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract_637396668990947888" xlink:to="us-gaap_BelowMarketLeaseAmortizationIncomeNextTwelveMonths_637396668990947888" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BelowMarketLeaseAmortizationIncomeYearTwo" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearTwo_637396668990947888"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_BelowMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract_637396668990947888" xlink:to="us-gaap_BelowMarketLeaseAmortizationIncomeYearTwo_637396668990947888" order="3" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BelowMarketLeaseAmortizationIncomeYearThree" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearThree_637396668990947888"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_BelowMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract_637396668990947888" xlink:to="us-gaap_BelowMarketLeaseAmortizationIncomeYearThree_637396668990947888" order="4" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BelowMarketLeaseAmortizationIncomeYearFour" xlink:label="us-gaap_BelowMarketLeaseAmortizationIncomeYearFour_637396668990947888"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_BelowMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract_637396668990947888" xlink:to="us-gaap_BelowMarketLeaseAmortizationIncomeYearFour_637396668990947888" order="5" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_BelowMarketLeaseAmortizationIncomeYearFourAndThereafter" xlink:label="pine_BelowMarketLeaseAmortizationIncomeYearFourAndThereafter_637396668990947888"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_BelowMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract_637396668990947888" xlink:to="pine_BelowMarketLeaseAmortizationIncomeYearFourAndThereafter_637396668990947888" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BelowMarketLeaseNet" xlink:label="us-gaap_BelowMarketLeaseNet_637396668990947888"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_BelowMarketLeaseNetAmortizationIncomeFiscalYearMaturityAbstract_637396668990947888" xlink:to="us-gaap_BelowMarketLeaseNet_637396668990947888" order="7" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_FiniteLivedIntangibleAssetsAndLiabilitiesNetNetAmortizationExpenseFiscalYearMaturityAbstract" xlink:label="pine_FiniteLivedIntangibleAssetsAndLiabilitiesNetNetAmortizationExpenseFiscalYearMaturityAbstract_637396668990947888"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_IntangibleAssetsAndLiabilitiesLineItems_637396668990937859" xlink:to="pine_FiniteLivedIntangibleAssetsAndLiabilitiesNetNetAmortizationExpenseFiscalYearMaturityAbstract_637396668990947888" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationRemainderOfFiscalYear" xlink:label="pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationRemainderOfFiscalYear_637396668990947888"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_FiniteLivedIntangibleAssetsAndLiabilitiesNetNetAmortizationExpenseFiscalYearMaturityAbstract_637396668990947888" xlink:to="pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationRemainderOfFiscalYear_637396668990947888" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="8"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationYearOne" xlink:label="pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationYearOne_637396668990947888"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_FiniteLivedIntangibleAssetsAndLiabilitiesNetNetAmortizationExpenseFiscalYearMaturityAbstract_637396668990947888" xlink:to="pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationYearOne_637396668990947888" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationYearTwo" xlink:label="pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationYearTwo_637396668990957913"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_FiniteLivedIntangibleAssetsAndLiabilitiesNetNetAmortizationExpenseFiscalYearMaturityAbstract_637396668990947888" xlink:to="pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationYearTwo_637396668990957913" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationYearThree" xlink:label="pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationYearThree_637396668990957913"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_FiniteLivedIntangibleAssetsAndLiabilitiesNetNetAmortizationExpenseFiscalYearMaturityAbstract_637396668990947888" xlink:to="pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationYearThree_637396668990957913" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationYearFour" xlink:label="pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationYearFour_637396668990957913"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_FiniteLivedIntangibleAssetsAndLiabilitiesNetNetAmortizationExpenseFiscalYearMaturityAbstract_637396668990947888" xlink:to="pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationYearFour_637396668990957913" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationAfterYearFour" xlink:label="pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationAfterYearFour_637396668990957913"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_FiniteLivedIntangibleAssetsAndLiabilitiesNetNetAmortizationExpenseFiscalYearMaturityAbstract_637396668990947888" xlink:to="pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortizationAfterYearFour_637396668990957913" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortization" xlink:label="pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortization_637396668990957913"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_FiniteLivedIntangibleAssetsAndLiabilitiesNetNetAmortizationExpenseFiscalYearMaturityAbstract_637396668990947888" xlink:to="pine_FiniteLivedIntangibleAssetsLiabilitiesNetFutureAmortization_637396668990957913" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="7"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementsNonrecurringValueMeasurementAbstract" xlink:label="us-gaap_FairValueMeasurementsNonrecurringValueMeasurementAbstract_637396668990957913"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="pine_IntangibleAssetsAndLiabilitiesLineItems_637396668990937859" xlink:to="us-gaap_FairValueMeasurementsNonrecurringValueMeasurementAbstract_637396668990957913" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife" xlink:label="us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_637396668990957913"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueMeasurementsNonrecurringValueMeasurementAbstract_637396668990957913" xlink:to="us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_637396668990957913" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife" xlink:label="pine_AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife_637396668990957913"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_FairValueMeasurementsNonrecurringValueMeasurementAbstract_637396668990957913" xlink:to="pine_AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife_637396668990957913" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="6"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureOtherAssetsDetails" xlink:type="extended" xlink:title="40701 - Disclosure - OTHER ASSETS (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:label="DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_IncomePropertyTenantReceivables" xlink:label="pine_IncomePropertyTenantReceivables_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:to="pine_IncomePropertyTenantReceivables_637396668990967938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_AccruedUnbilledTenantReceivables" xlink:label="pine_AccruedUnbilledTenantReceivables_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:to="pine_AccruedUnbilledTenantReceivables_637396668990967938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PrepaidInsurance" xlink:label="us-gaap_PrepaidInsurance_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:to="us-gaap_PrepaidInsurance_637396668990967938" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_DepositsOnAcquisitions" xlink:label="pine_DepositsOnAcquisitions_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:to="pine_DepositsOnAcquisitions_637396668990967938" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PrepaidExpenseDepositsAssetsAndMiscellaneousOtherAssets" xlink:label="pine_PrepaidExpenseDepositsAssetsAndMiscellaneousOtherAssets_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:to="pine_PrepaidExpenseDepositsAssetsAndMiscellaneousOtherAssets_637396668990967938" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherAssets" xlink:label="us-gaap_OtherAssets_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:to="us-gaap_OtherAssets_637396668990967938" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsForTenantImprovements" xlink:label="us-gaap_PaymentsForTenantImprovements_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract" xlink:to="us-gaap_PaymentsForTenantImprovements_637396668990967938" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureAccountsPayableAccruedExpensesAndOtherLiabilitiesDetails" xlink:type="extended" xlink:title="40801 - Disclosure - ACCOUNTS PAYABLE, ACCRUED EXPENSES, AND OTHER LIABILITIES (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PayablesAndAccrualsAbstract" xlink:label="us-gaap_PayablesAndAccrualsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsPayableCurrentAndNoncurrent" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PayablesAndAccrualsAbstract" xlink:to="us-gaap_AccountsPayableCurrentAndNoncurrent_637396668990967938" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccruedLiabilitiesCurrentAndNoncurrent" xlink:label="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PayablesAndAccrualsAbstract" xlink:to="us-gaap_AccruedLiabilitiesCurrentAndNoncurrent_637396668990967938" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DividendsPayableCurrentAndNoncurrent" xlink:label="us-gaap_DividendsPayableCurrentAndNoncurrent_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PayablesAndAccrualsAbstract" xlink:to="us-gaap_DividendsPayableCurrentAndNoncurrent_637396668990967938" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_AccrualForTenantImprovement" xlink:label="pine_AccrualForTenantImprovement_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PayablesAndAccrualsAbstract" xlink:to="pine_AccrualForTenantImprovement_637396668990967938" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestRateDerivativeLiabilitiesAtFairValue" xlink:label="us-gaap_InterestRateDerivativeLiabilitiesAtFairValue_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PayablesAndAccrualsAbstract" xlink:to="us-gaap_InterestRateDerivativeLiabilitiesAtFairValue_637396668990967938" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_AccountsPayableAccruedExpensesAndOtherLiabilities" xlink:label="pine_AccountsPayableAccruedExpensesAndOtherLiabilities_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PayablesAndAccrualsAbstract" xlink:to="pine_AccountsPayableAccruedExpensesAndOtherLiabilities_637396668990967938" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DividendsPayableAmountPerShare" xlink:label="us-gaap_DividendsPayableAmountPerShare_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PayablesAndAccrualsAbstract" xlink:to="us-gaap_DividendsPayableAmountPerShare_637396668990967938" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_NumberOfOperatingPartnershipUnitsDueToParentCompany" xlink:label="pine_NumberOfOperatingPartnershipUnitsDueToParentCompany_637396668990967938"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_PayablesAndAccrualsAbstract" xlink:to="pine_NumberOfOperatingPartnershipUnitsDueToParentCompany_637396668990967938" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureLongTermDebtOutstandingIndebtednessDetails" xlink:type="extended" xlink:title="40901 - Disclosure - LONG-TERM DEBT - Outstanding Indebtedness (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="DebtDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DebtDisclosureAbstract" xlink:to="us-gaap_DebtInstrumentTable_637396668990977967" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_637396668990977967" xlink:to="us-gaap_DebtInstrumentAxis_637396668990977967" order="1" use="optional" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_637396668990977967" xlink:to="us-gaap_DebtInstrumentNameDomain_637396668990977967" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_BankOfMontrealCreditAgreementAsAmendedMember" xlink:label="pine_BankOfMontrealCreditAgreementAsAmendedMember_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_637396668990977967" xlink:to="pine_BankOfMontrealCreditAgreementAsAmendedMember_637396668990977967" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VariableRateAxis" xlink:label="us-gaap_VariableRateAxis_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_637396668990977967" xlink:to="us-gaap_VariableRateAxis_637396668990977967" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="us-gaap_VariableRateDomain_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_VariableRateAxis_637396668990977967" xlink:to="us-gaap_VariableRateDomain_637396668990977967" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="us-gaap_LondonInterbankOfferedRateLIBORMember_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_VariableRateDomain_637396668990977967" xlink:to="us-gaap_LondonInterbankOfferedRateLIBORMember_637396668990977967" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_637396668990977967" xlink:to="us-gaap_DerivativeInstrumentRiskAxis_637396668990977967" order="3" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="us-gaap_DerivativeContractTypeDomain_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeInstrumentRiskAxis_637396668990977967" xlink:to="us-gaap_DerivativeContractTypeDomain_637396668990977967" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="us-gaap_InterestRateSwapMember_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeContractTypeDomain_637396668990977967" xlink:to="us-gaap_InterestRateSwapMember_637396668990977967" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RangeAxis" xlink:label="srt_RangeAxis_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_637396668990977967" xlink:to="srt_RangeAxis_637396668990977967" order="4" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RangeMember" xlink:label="srt_RangeMember_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeAxis_637396668990977967" xlink:to="srt_RangeMember_637396668990977967" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MinimumMember" xlink:label="srt_MinimumMember_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeMember_637396668990977967" xlink:to="srt_MinimumMember_637396668990977967" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MaximumMember" xlink:label="srt_MaximumMember_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeMember_637396668990977967" xlink:to="srt_MaximumMember_637396668990977967" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_637396668990977967" xlink:to="us-gaap_DebtInstrumentLineItems_637396668990977967" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="us-gaap_DebtInstrumentFaceAmount_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990977967" xlink:to="us-gaap_DebtInstrumentFaceAmount_637396668990977967" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_637396668990977967"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990977967" xlink:to="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_637396668990977967" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="us-gaap_DebtInstrumentInterestRateStatedPercentage_637396668990987991"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990977967" xlink:to="us-gaap_DebtInstrumentInterestRateStatedPercentage_637396668990987991" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="us-gaap_DebtInstrumentCarryingAmount_637396668990987991"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990977967" xlink:to="us-gaap_DebtInstrumentCarryingAmount_637396668990987991" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureLongTermDebtCreditFacilityDetails" xlink:type="extended" xlink:title="40902 - Disclosure - LONG-TERM DEBT - Credit Facility (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract_636537658523246150"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable_637396668990987991"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtDisclosureAbstract_636537658523246150" xlink:to="us-gaap_DebtInstrumentTable_637396668990987991" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_637396668990987991"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_637396668990987991" xlink:to="us-gaap_DebtInstrumentAxis_637396668990987991" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_637396668990987991"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_637396668990987991" xlink:to="us-gaap_DebtInstrumentNameDomain_637396668990987991" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_BankOfMontrealCreditAgreementAsAmendedMember" xlink:label="pine_BankOfMontrealCreditAgreementAsAmendedMember_637396668990987991"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_637396668990987991" xlink:to="pine_BankOfMontrealCreditAgreementAsAmendedMember_637396668990987991" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VariableRateAxis" xlink:label="us-gaap_VariableRateAxis_637396668990987991"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_637396668990987991" xlink:to="us-gaap_VariableRateAxis_637396668990987991" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="us-gaap_VariableRateDomain_637396668990987991"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_VariableRateAxis_637396668990987991" xlink:to="us-gaap_VariableRateDomain_637396668990987991" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="us-gaap_LondonInterbankOfferedRateLIBORMember_637396668990987991"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_VariableRateDomain_637396668990987991" xlink:to="us-gaap_LondonInterbankOfferedRateLIBORMember_637396668990987991" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RangeAxis" xlink:label="srt_RangeAxis_637396668990987991"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_637396668990987991" xlink:to="srt_RangeAxis_637396668990987991" order="3" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RangeMember" xlink:label="srt_RangeMember_637396668990987991"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeAxis_637396668990987991" xlink:to="srt_RangeMember_637396668990987991" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MinimumMember" xlink:label="srt_MinimumMember_637396668990987991"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeMember_637396668990987991" xlink:to="srt_MinimumMember_637396668990987991" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MaximumMember" xlink:label="srt_MaximumMember_637396668990987991"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RangeMember_637396668990987991" xlink:to="srt_MaximumMember_637396668990987991" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="us-gaap_SubsequentEventTypeAxis_637396668990987991"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_637396668990987991" xlink:to="us-gaap_SubsequentEventTypeAxis_637396668990987991" order="4" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="us-gaap_SubsequentEventTypeDomain_637396668990998020"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTypeAxis_637396668990987991" xlink:to="us-gaap_SubsequentEventTypeDomain_637396668990998020" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="us-gaap_SubsequentEventMember_637396668990998020"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTypeDomain_637396668990998020" xlink:to="us-gaap_SubsequentEventMember_637396668990998020" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems_637396668990998020"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_637396668990987991" xlink:to="us-gaap_DebtInstrumentLineItems_637396668990998020" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_637396668990998020"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990998020" xlink:to="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_637396668990998020" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentTerm" xlink:label="us-gaap_DebtInstrumentTerm_637396668990998020"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990998020" xlink:to="us-gaap_DebtInstrumentTerm_637396668990998020" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_LineOfCreditFacilityExtensionPeriod" xlink:label="pine_LineOfCreditFacilityExtensionPeriod_637396668990998020"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990998020" xlink:to="pine_LineOfCreditFacilityExtensionPeriod_637396668990998020" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_LineOfCreditFacilityContingentIncreaseAdditionalBorrowingCapacity" xlink:label="pine_LineOfCreditFacilityContingentIncreaseAdditionalBorrowingCapacity_637396668990998020"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990998020" xlink:to="pine_LineOfCreditFacilityContingentIncreaseAdditionalBorrowingCapacity_637396668990998020" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity" xlink:label="us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_637396668990998020"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990998020" xlink:to="us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity_637396668990998020" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_637396668990998020"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990998020" xlink:to="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_637396668990998020" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:label="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_637396668990998020"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990998020" xlink:to="us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_637396668990998020" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LineOfCredit" xlink:label="us-gaap_LineOfCredit_637396668990998020"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990998020" xlink:to="us-gaap_LineOfCredit_637396668990998020" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_NumberOfLenders" xlink:label="pine_NumberOfLenders_637396668990998020"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990998020" xlink:to="pine_NumberOfLenders_637396668990998020" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_LineOfCreditFacilityMaximumBorrowingCapacityIncludingAccordionFeature" xlink:label="pine_LineOfCreditFacilityMaximumBorrowingCapacityIncludingAccordionFeature_637396668990998020"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990998020" xlink:to="pine_LineOfCreditFacilityMaximumBorrowingCapacityIncludingAccordionFeature_637396668990998020" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LongTermDebt" xlink:label="us-gaap_LongTermDebt_637396668991008045"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668990998020" xlink:to="us-gaap_LongTermDebt_637396668991008045" order="11" use="optional" priority="2"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureLongTermDebtComponentsDetails" xlink:type="extended" xlink:title="40903 - Disclosure - LONG-TERM DEBT - Components (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="DebtDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="us-gaap_DebtInstrumentTable_637396668991008045"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DebtDisclosureAbstract" xlink:to="us-gaap_DebtInstrumentTable_637396668991008045" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_637396668991008045"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_637396668991008045" xlink:to="us-gaap_DebtInstrumentAxis_637396668991008045" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_637396668991008045"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_637396668991008045" xlink:to="us-gaap_DebtInstrumentNameDomain_637396668991008045" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_BankOfMontrealCreditAgreementAsAmendedMember" xlink:label="pine_BankOfMontrealCreditAgreementAsAmendedMember_637396668991008045"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_637396668991008045" xlink:to="pine_BankOfMontrealCreditAgreementAsAmendedMember_637396668991008045" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="us-gaap_DebtInstrumentLineItems_637396668991008045"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentTable_637396668991008045" xlink:to="us-gaap_DebtInstrumentLineItems_637396668991008045" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="us-gaap_DebtInstrumentCarryingAmount_637396668991008045"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668991008045" xlink:to="us-gaap_DebtInstrumentCarryingAmount_637396668991008045" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredFinanceCostsNet" xlink:label="us-gaap_DeferredFinanceCostsNet_637396668991008045"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668991008045" xlink:to="us-gaap_DeferredFinanceCostsNet_637396668991008045" order="2" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LongTermDebt" xlink:label="us-gaap_LongTermDebt_637396668991008045"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentLineItems_637396668991008045" xlink:to="us-gaap_LongTermDebt_637396668991008045" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureLongTermDebtPaymentsApplicableToReductionOfPrincipalDetails" xlink:type="extended" xlink:title="40904 - Disclosure - LONG-TERM DEBT - Payments Applicable to Reduction of Principal (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LongTermDebtByMaturityAbstract" xlink:label="us-gaap_LongTermDebtByMaturityAbstract_637396668991008045"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtDisclosureAbstract" xlink:to="us-gaap_LongTermDebtByMaturityAbstract_637396668991008045" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree" xlink:label="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_637396668991008045"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LongTermDebtByMaturityAbstract_637396668991008045" xlink:to="us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_637396668991008045" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="us-gaap_DebtInstrumentFaceAmount_637396668991018074"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_LongTermDebtByMaturityAbstract_637396668991008045" xlink:to="us-gaap_DebtInstrumentFaceAmount_637396668991018074" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureLongTermDebtDebtAndFinancingCostsDetails" xlink:type="extended" xlink:title="40905 - Disclosure - LONG-TERM DEBT - Debt and financing costs (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="DebtDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts" xlink:label="us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts_637396668991018074"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DebtDisclosureAbstract" xlink:to="us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts_637396668991018074" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccumulatedAmortizationDeferredFinanceCosts" xlink:label="us-gaap_AccumulatedAmortizationDeferredFinanceCosts_637396668991018074"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DebtDisclosureAbstract" xlink:to="us-gaap_AccumulatedAmortizationDeferredFinanceCosts_637396668991018074" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShorttermDebtAverageOutstandingAmount" xlink:label="us-gaap_ShorttermDebtAverageOutstandingAmount_637396668991018074"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DebtDisclosureAbstract" xlink:to="us-gaap_ShorttermDebtAverageOutstandingAmount_637396668991018074" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureLongTermDebtInterestExpenseDetails" xlink:type="extended" xlink:title="40906 - Disclosure - LONG-TERM DEBT - Interest Expense (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="us-gaap_DebtDisclosureAbstract_637238495861582157"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestExpenseDebtExcludingAmortization" xlink:label="us-gaap_InterestExpenseDebtExcludingAmortization_637396668991018074"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtDisclosureAbstract_637238495861582157" xlink:to="us-gaap_InterestExpenseDebtExcludingAmortization_637396668991018074" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AmortizationOfFinancingCosts" xlink:label="us-gaap_AmortizationOfFinancingCosts_637396668991018074"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtDisclosureAbstract_637238495861582157" xlink:to="us-gaap_AmortizationOfFinancingCosts_637396668991018074" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestExpenseDebt" xlink:label="us-gaap_InterestExpenseDebt_637396668991018074"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtDisclosureAbstract_637238495861582157" xlink:to="us-gaap_InterestExpenseDebt_637396668991018074" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="us-gaap_InterestPaidNet_637396668991018074"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtDisclosureAbstract_637238495861582157" xlink:to="us-gaap_InterestPaidNet_637396668991018074" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureInterestRateSwapDetails" xlink:type="extended" xlink:title="41001 - Disclosure - INTEREST RATE SWAP (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:label="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeTable" xlink:label="us-gaap_DerivativeTable_637396668991018074"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:to="us-gaap_DerivativeTable_637396668991018074" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VariableRateAxis" xlink:label="us-gaap_VariableRateAxis_637396668991018074"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeTable_637396668991018074" xlink:to="us-gaap_VariableRateAxis_637396668991018074" order="1" use="optional" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="us-gaap_VariableRateDomain_637396668991018074"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_VariableRateAxis_637396668991018074" xlink:to="us-gaap_VariableRateDomain_637396668991018074" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="us-gaap_LondonInterbankOfferedRateLIBORMember_637396668991018074"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_VariableRateDomain_637396668991018074" xlink:to="us-gaap_LondonInterbankOfferedRateLIBORMember_637396668991018074" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="us-gaap_CreditFacilityAxis_637396668991018074"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeTable_637396668991018074" xlink:to="us-gaap_CreditFacilityAxis_637396668991018074" order="2" use="optional" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="us-gaap_CreditFacilityDomain_637396668991018074"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityAxis_637396668991018074" xlink:to="us-gaap_CreditFacilityDomain_637396668991018074" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RevolvingCreditFacilityMember" xlink:label="us-gaap_RevolvingCreditFacilityMember_637396668991028099"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_CreditFacilityDomain_637396668991018074" xlink:to="us-gaap_RevolvingCreditFacilityMember_637396668991028099" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_637396668991028099"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeTable_637396668991018074" xlink:to="us-gaap_DebtInstrumentAxis_637396668991028099" order="3" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_637396668991028099"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_637396668991028099" xlink:to="us-gaap_DebtInstrumentNameDomain_637396668991028099" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_BankOfMontrealCreditAgreementAsAmendedMember" xlink:label="pine_BankOfMontrealCreditAgreementAsAmendedMember_637396668991028099"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_637396668991028099" xlink:to="pine_BankOfMontrealCreditAgreementAsAmendedMember_637396668991028099" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="us-gaap_DerivativeInstrumentRiskAxis_637396668991028099"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeTable_637396668991018074" xlink:to="us-gaap_DerivativeInstrumentRiskAxis_637396668991028099" order="4" use="optional" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="us-gaap_DerivativeContractTypeDomain_637396668991028099"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeInstrumentRiskAxis_637396668991028099" xlink:to="us-gaap_DerivativeContractTypeDomain_637396668991028099" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestRateSwapMember" xlink:label="us-gaap_InterestRateSwapMember_637396668991028099"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeContractTypeDomain_637396668991028099" xlink:to="us-gaap_InterestRateSwapMember_637396668991028099" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="us-gaap_DerivativeLineItems_637396668991028099"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeTable_637396668991018074" xlink:to="us-gaap_DerivativeLineItems_637396668991028099" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LineOfCredit" xlink:label="us-gaap_LineOfCredit_637396668991028099"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeLineItems_637396668991028099" xlink:to="us-gaap_LineOfCredit_637396668991028099" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_InterestRateSwapEffectivePercentage" xlink:label="pine_InterestRateSwapEffectivePercentage_637396668991028099"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeLineItems_637396668991028099" xlink:to="pine_InterestRateSwapEffectivePercentage_637396668991028099" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_InterestRateDerivativeLiabilitiesFairValueAdjustment" xlink:label="pine_InterestRateDerivativeLiabilitiesFairValueAdjustment_637396668991028099"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeLineItems_637396668991028099" xlink:to="pine_InterestRateDerivativeLiabilitiesFairValueAdjustment_637396668991028099" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_637396668991028099"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeLineItems_637396668991028099" xlink:to="us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_637396668991028099" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="us-gaap_DebtInstrumentCarryingAmount_637396668991028099"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeLineItems_637396668991028099" xlink:to="us-gaap_DebtInstrumentCarryingAmount_637396668991028099" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeNotionalAmount" xlink:label="us-gaap_DerivativeNotionalAmount_637396668991028099"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DerivativeLineItems_637396668991028099" xlink:to="us-gaap_DerivativeNotionalAmount_637396668991028099" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureEquityDetails" xlink:type="extended" xlink:title="41102 - Disclosure - EQUITY (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityNoteAbstract" xlink:label="us-gaap_StockholdersEquityNoteAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DividendsCommonStockAbstract" xlink:label="us-gaap_DividendsCommonStockAbstract_637396668991038127"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_StockholdersEquityNoteAbstract" xlink:to="us-gaap_DividendsCommonStockAbstract_637396668991038127" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ReitEligibilityDistributableMinimumPercentageOfTaxableIncomeExcludingNetCapitalGains" xlink:label="pine_ReitEligibilityDistributableMinimumPercentageOfTaxableIncomeExcludingNetCapitalGains_637396668991038127"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsCommonStockAbstract_637396668991038127" xlink:to="pine_ReitEligibilityDistributableMinimumPercentageOfTaxableIncomeExcludingNetCapitalGains_637396668991038127" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ReitEligibilityDistributableMinimumPercentageOfTaxableIncomeIncludingNetCapitalGains" xlink:label="pine_ReitEligibilityDistributableMinimumPercentageOfTaxableIncomeIncludingNetCapitalGains_637396668991038127"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsCommonStockAbstract_637396668991038127" xlink:to="pine_ReitEligibilityDistributableMinimumPercentageOfTaxableIncomeIncludingNetCapitalGains_637396668991038127" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockDividendsPerShareDeclared" xlink:label="us-gaap_CommonStockDividendsPerShareDeclared_637396668991038127"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsCommonStockAbstract_637396668991038127" xlink:to="us-gaap_CommonStockDividendsPerShareDeclared_637396668991038127" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockDividendsPerShareCashPaid" xlink:label="us-gaap_CommonStockDividendsPerShareCashPaid_637396668991038127"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DividendsCommonStockAbstract_637396668991038127" xlink:to="us-gaap_CommonStockDividendsPerShareCashPaid_637396668991038127" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureCommonStockAndEarningsPerShareDetails" xlink:type="extended" xlink:title="41201 - Disclosure - COMMON STOCK AND EARNINGS PER SHARE (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="EarningsPerShareAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersDilutedAbstract" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersDilutedAbstract_637396668991038127"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="EarningsPerShareAbstract" xlink:to="us-gaap_NetIncomeLossAvailableToCommonStockholdersDilutedAbstract_637396668991038127" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_637396668991038127"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetIncomeLossAvailableToCommonStockholdersDilutedAbstract_637396668991038127" xlink:to="us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic_637396668991038127" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="8"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_637396668991038127"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetIncomeLossAvailableToCommonStockholdersDilutedAbstract_637396668991038127" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_637396668991038127" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract" xlink:label="us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract_637396668991038127"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetIncomeLossAvailableToCommonStockholdersDilutedAbstract_637396668991038127" xlink:to="us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract_637396668991038127" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_637396668991038127"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract_637396668991038127" xlink:to="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_637396668991038127" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_637396668991038127"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_NetIncomeLossAvailableToCommonStockholdersDilutedAbstract_637396668991038127" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_637396668991038127" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:label="us-gaap_EarningsPerShareBasicAndDilutedAbstract_637396668991038127"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="EarningsPerShareAbstract" xlink:to="us-gaap_EarningsPerShareBasicAndDilutedAbstract_637396668991038127" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="us-gaap_EarningsPerShareBasic_637396668991048152"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EarningsPerShareBasicAndDilutedAbstract_637396668991038127" xlink:to="us-gaap_EarningsPerShareBasic_637396668991048152" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="us-gaap_EarningsPerShareDiluted_637396668991048152"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EarningsPerShareBasicAndDilutedAbstract_637396668991038127" xlink:to="us-gaap_EarningsPerShareDiluted_637396668991048152" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="3"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureShareRepurchasesDetails" xlink:type="extended" xlink:title="41301 - Disclosure - SHARE REPURCHASES (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TreasuryStockSharesAbstract" xlink:label="us-gaap_TreasuryStockSharesAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfTreasuryStockTable" xlink:label="us-gaap_ClassOfTreasuryStockTable_637396668991048152"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_TreasuryStockSharesAbstract" xlink:to="us-gaap_ClassOfTreasuryStockTable_637396668991048152" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareRepurchaseProgramAxis" xlink:label="us-gaap_ShareRepurchaseProgramAxis_637396668991048152"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfTreasuryStockTable_637396668991048152" xlink:to="us-gaap_ShareRepurchaseProgramAxis_637396668991048152" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareRepurchaseProgramDomain" xlink:label="us-gaap_ShareRepurchaseProgramDomain_637396668991048152"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareRepurchaseProgramAxis_637396668991048152" xlink:to="us-gaap_ShareRepurchaseProgramDomain_637396668991048152" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_FiveMillionRepurchaseProgramMember" xlink:label="pine_FiveMillionRepurchaseProgramMember_637396668991048152"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareRepurchaseProgramDomain_637396668991048152" xlink:to="pine_FiveMillionRepurchaseProgramMember_637396668991048152" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EquityClassOfTreasuryStockLineItems" xlink:label="us-gaap_EquityClassOfTreasuryStockLineItems_637396668991048152"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ClassOfTreasuryStockTable_637396668991048152" xlink:to="us-gaap_EquityClassOfTreasuryStockLineItems_637396668991048152" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockRepurchaseProgramAuthorizedAmount1" xlink:label="us-gaap_StockRepurchaseProgramAuthorizedAmount1_637396668991048152"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquityClassOfTreasuryStockLineItems_637396668991048152" xlink:to="us-gaap_StockRepurchaseProgramAuthorizedAmount1_637396668991048152" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="us-gaap_TreasuryStockSharesAcquired_637396668991048152"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquityClassOfTreasuryStockLineItems_637396668991048152" xlink:to="us-gaap_TreasuryStockSharesAcquired_637396668991048152" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TreasuryStockValueAcquiredCostMethod" xlink:label="us-gaap_TreasuryStockValueAcquiredCostMethod_637396668991048152"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquityClassOfTreasuryStockLineItems_637396668991048152" xlink:to="us-gaap_TreasuryStockValueAcquiredCostMethod_637396668991048152" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TreasuryStockAcquiredAverageCostPerShare" xlink:label="us-gaap_TreasuryStockAcquiredAverageCostPerShare_637396668991048152"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EquityClassOfTreasuryStockLineItems_637396668991048152" xlink:to="us-gaap_TreasuryStockAcquiredAverageCostPerShare_637396668991048152" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureStockBasedCompensationIpoDetails" xlink:type="extended" xlink:title="41401 - Disclosure - STOCK-BASED COMPENSATION - IPO (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991048152"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991048152" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GranteeStatusAxis" xlink:label="us-gaap_GranteeStatusAxis_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991048152" xlink:to="us-gaap_GranteeStatusAxis_637396668991058181" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GranteeStatusDomain" xlink:label="us-gaap_GranteeStatusDomain_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_GranteeStatusAxis_637396668991058181" xlink:to="us-gaap_GranteeStatusDomain_637396668991058181" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedPaymentArrangementNonemployeeMember" xlink:label="us-gaap_ShareBasedPaymentArrangementNonemployeeMember_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_GranteeStatusDomain_637396668991058181" xlink:to="us-gaap_ShareBasedPaymentArrangementNonemployeeMember_637396668991058181" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="us-gaap_AwardTypeAxis_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991048152" xlink:to="us-gaap_AwardTypeAxis_637396668991058181" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AwardTypeAxis_637396668991058181" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991058181" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="us-gaap_RestrictedStockMember_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991058181" xlink:to="us-gaap_RestrictedStockMember_637396668991058181" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991048152" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991058181" order="3" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991058181" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_637396668991058181" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodTotalGrantDateFairValue" xlink:label="pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodTotalGrantDateFairValue_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991058181" xlink:to="pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodTotalGrantDateFairValue_637396668991058181" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991058181" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_637396668991058181" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureStockBasedCompensationCompensationExpenseDetails" xlink:type="extended" xlink:title="41402 - Disclosure - STOCK-BASED COMPENSATION - Compensation Expense (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_637215161276459260"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTable" xlink:label="us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTable_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_637215161276459260" xlink:to="us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTable_637396668991058181" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeStatementLocationAxis" xlink:label="us-gaap_IncomeStatementLocationAxis_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTable_637396668991058181" xlink:to="us-gaap_IncomeStatementLocationAxis_637396668991058181" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeStatementLocationDomain" xlink:label="us-gaap_IncomeStatementLocationDomain_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncomeStatementLocationAxis_637396668991058181" xlink:to="us-gaap_IncomeStatementLocationDomain_637396668991058181" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GeneralAndAdministrativeExpenseMember" xlink:label="us-gaap_GeneralAndAdministrativeExpenseMember_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_IncomeStatementLocationDomain_637396668991058181" xlink:to="us-gaap_GeneralAndAdministrativeExpenseMember_637396668991058181" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsLineItems" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsLineItems_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTable_637396668991058181" xlink:to="us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsLineItems_637396668991058181" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_637396668991058181"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsLineItems_637396668991058181" xlink:to="us-gaap_AllocatedShareBasedCompensationExpense_637396668991058181" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureStockBasedCompensationNonVestedRestrictedSharesDetails" xlink:type="extended" xlink:title="41403 - Disclosure - STOCK-BASED COMPENSATION - Non-Vested Restricted Shares (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991068210"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991068210" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="us-gaap_AwardTypeAxis_637396668991068210"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991068210" xlink:to="us-gaap_AwardTypeAxis_637396668991068210" order="1" use="optional" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991068210"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AwardTypeAxis_637396668991068210" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991068210" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="us-gaap_RestrictedStockMember_637396668991068210"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991068210" xlink:to="us-gaap_RestrictedStockMember_637396668991068210" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GranteeStatusAxis" xlink:label="us-gaap_GranteeStatusAxis_637396668991068210"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991068210" xlink:to="us-gaap_GranteeStatusAxis_637396668991068210" order="2" use="optional" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GranteeStatusDomain" xlink:label="us-gaap_GranteeStatusDomain_637396668991068210"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_GranteeStatusAxis_637396668991068210" xlink:to="us-gaap_GranteeStatusDomain_637396668991068210" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedPaymentArrangementNonemployeeMember" xlink:label="us-gaap_ShareBasedPaymentArrangementNonemployeeMember_637396668991068210"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_GranteeStatusDomain_637396668991068210" xlink:to="us-gaap_ShareBasedPaymentArrangementNonemployeeMember_637396668991068210" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991068210"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991068210" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991068210" order="3" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_637396668991073279"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991068210" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_637396668991073279" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_637396668991073279"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_637396668991073279" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_637396668991073279" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_637396668991073279"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_637396668991073279" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_637396668991073279" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="8"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_637396668991073279"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_637396668991073279" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_637396668991073279" order="3" use="optional" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpiredInPeriod" xlink:label="pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpiredInPeriod_637396668991073279"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_637396668991073279" xlink:to="pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpiredInPeriod_637396668991073279" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_637396668991073279"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_637396668991073279" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_637396668991073279" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6373966689910732791"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_637396668991073279" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_6373966689910732791" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_637396668991073279"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991068210" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_637396668991073279" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="6"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_637396668991078282"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_637396668991073279" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_637396668991078282" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_637396668991078282"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_637396668991073279" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_637396668991078282" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_637396668991078282"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_637396668991073279" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_637396668991078282" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpirationWeightedAverageGrantDateFairValue" xlink:label="pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpirationWeightedAverageGrantDateFairValue_637396668991078282"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_637396668991073279" xlink:to="pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpirationWeightedAverageGrantDateFairValue_637396668991078282" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_637396668991078282"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_637396668991073279" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_637396668991078282" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_6373966689910782821"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_637396668991073279" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_6373966689910782821" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" priority="2"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureStockBasedCompensationUnrecognizedCompensationDetails" xlink:type="extended" xlink:title="41404 - Disclosure - STOCK-BASED COMPENSATION - Unrecognized Compensation (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_637215172939116887"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991083296"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_637215172939116887" xlink:to="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991083296" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GranteeStatusAxis" xlink:label="us-gaap_GranteeStatusAxis_637396668991083296"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991083296" xlink:to="us-gaap_GranteeStatusAxis_637396668991083296" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GranteeStatusDomain" xlink:label="us-gaap_GranteeStatusDomain_637396668991083296"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_GranteeStatusAxis_637396668991083296" xlink:to="us-gaap_GranteeStatusDomain_637396668991083296" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedPaymentArrangementNonemployeeMember" xlink:label="us-gaap_ShareBasedPaymentArrangementNonemployeeMember_637396668991083296"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_GranteeStatusDomain_637396668991083296" xlink:to="us-gaap_ShareBasedPaymentArrangementNonemployeeMember_637396668991083296" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="us-gaap_AwardTypeAxis_637396668991083296"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991083296" xlink:to="us-gaap_AwardTypeAxis_637396668991083296" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991083296"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AwardTypeAxis_637396668991083296" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991083296" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="us-gaap_RestrictedStockMember_637396668991088314"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991083296" xlink:to="us-gaap_RestrictedStockMember_637396668991088314" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991088314"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991083296" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991088314" order="3" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions_637396668991088314"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991088314" xlink:to="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions_637396668991088314" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_637396668991088314"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991088314" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_637396668991088314" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_637396668991088314"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991088314" xlink:to="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_637396668991088314" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureStockBasedCompensationGeneralInformationDetails" xlink:type="extended" xlink:title="41405 - Disclosure - STOCK-BASED COMPENSATION - General Information (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_637214482190199932"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991093310"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_637214482190199932" xlink:to="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991093310" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GranteeStatusAxis" xlink:label="us-gaap_GranteeStatusAxis_637396668991093310"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991093310" xlink:to="us-gaap_GranteeStatusAxis_637396668991093310" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GranteeStatusDomain" xlink:label="us-gaap_GranteeStatusDomain_637396668991093310"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_GranteeStatusAxis_637396668991093310" xlink:to="us-gaap_GranteeStatusDomain_637396668991093310" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedPaymentArrangementNonemployeeMember" xlink:label="us-gaap_ShareBasedPaymentArrangementNonemployeeMember_637396668991093310"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_GranteeStatusDomain_637396668991093310" xlink:to="us-gaap_ShareBasedPaymentArrangementNonemployeeMember_637396668991093310" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="us-gaap_AwardTypeAxis_637396668991093310"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991093310" xlink:to="us-gaap_AwardTypeAxis_637396668991093310" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991093310"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AwardTypeAxis_637396668991093310" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991093310" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="us-gaap_RestrictedStockMember_637396668991093310"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991093310" xlink:to="us-gaap_RestrictedStockMember_637396668991093310" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991093310"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991093310" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991093310" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardPeriodForAverageStockClosingPriceForOption" xlink:label="pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardPeriodForAverageStockClosingPriceForOption_637396668991093310"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991093310" xlink:to="pine_ShareBasedCompensationArrangementByShareBasedPaymentAwardPeriodForAverageStockClosingPriceForOption_637396668991093310" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures" xlink:label="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_637396668991098317"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991093310" xlink:to="us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_637396668991098317" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures" xlink:label="us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_637396668991098317"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991093310" xlink:to="us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_637396668991098317" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureStockBasedCompensationStockCompensationExpenseDetails" xlink:type="extended" xlink:title="41406 - Disclosure - STOCK-BASED COMPENSATION - Stock Compensation Expense (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991098317"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:to="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991098317" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="us-gaap_AwardTypeAxis_637396668991098317"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991098317" xlink:to="us-gaap_AwardTypeAxis_637396668991098317" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991098317"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_AwardTypeAxis_637396668991098317" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991098317" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_DirectorRestrictedStockMember" xlink:label="pine_DirectorRestrictedStockMember_637396668991103332"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991098317" xlink:to="pine_DirectorRestrictedStockMember_637396668991103332" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_DirectorRetainersPaidInStockMember" xlink:label="pine_DirectorRetainersPaidInStockMember_637396668991103332"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_637396668991098317" xlink:to="pine_DirectorRetainersPaidInStockMember_637396668991103332" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991103332"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_637396668991098317" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991103332" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_637396668991103332"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_637396668991103332" xlink:to="us-gaap_AllocatedShareBasedCompensationExpense_637396668991103332" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureRelatedPartyManagementCompanyGeneralInformationDetails" xlink:type="extended" xlink:title="41501 - Disclosure - RELATED PARTY MANAGEMENT COMPANY - General Information (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_637396668991103332"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_637396668991103332" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_637396668991103332"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_637396668991103332" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_637396668991103332" order="1" use="optional" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:label="us-gaap_RelatedPartyDomain_637396668991108346"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_637396668991103332" xlink:to="us-gaap_RelatedPartyDomain_637396668991108346" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_AffiliatedEntityMember" xlink:label="srt_AffiliatedEntityMember_637396668991108346"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyDomain_637396668991108346" xlink:to="srt_AffiliatedEntityMember_637396668991108346" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsidiarySaleOfStockAxis" xlink:label="us-gaap_SubsidiarySaleOfStockAxis_637396668991108346"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_637396668991103332" xlink:to="us-gaap_SubsidiarySaleOfStockAxis_637396668991108346" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SaleOfStockNameOfTransactionDomain" xlink:label="us-gaap_SaleOfStockNameOfTransactionDomain_637396668991108346"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsidiarySaleOfStockAxis_637396668991108346" xlink:to="us-gaap_SaleOfStockNameOfTransactionDomain_637396668991108346" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IPOMember" xlink:label="us-gaap_IPOMember_637396668991108346"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SaleOfStockNameOfTransactionDomain_637396668991108346" xlink:to="us-gaap_IPOMember_637396668991108346" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="us-gaap_RelatedPartyTransactionAxis_637396668991108346"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_637396668991103332" xlink:to="us-gaap_RelatedPartyTransactionAxis_637396668991108346" order="3" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="us-gaap_RelatedPartyTransactionDomain_637396668991113360"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionAxis_637396668991108346" xlink:to="us-gaap_RelatedPartyTransactionDomain_637396668991113360" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ManagementAgreementMember" xlink:label="pine_ManagementAgreementMember_637396668991113360"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionDomain_637396668991113360" xlink:to="pine_ManagementAgreementMember_637396668991113360" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="us-gaap_RelatedPartyTransactionLineItems_637396668991113360"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_637396668991103332" xlink:to="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="6"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_637396668991113360"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="us-gaap_StockIssuedDuringPeriodValueNewIssues_637396668991113360" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_637396668991113360"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="us-gaap_StockIssuedDuringPeriodSharesNewIssues_637396668991113360" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PercentageOfOutstandingCommonStock" xlink:label="pine_PercentageOfOutstandingCommonStock_637396668991113360"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="pine_PercentageOfOutstandingCommonStock_637396668991113360" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityNoteStockSplitConversionRatio1" xlink:label="us-gaap_StockholdersEquityNoteStockSplitConversionRatio1_637396668991113360"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="us-gaap_StockholdersEquityNoteStockSplitConversionRatio1_637396668991113360" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RelatedPartyTransactionRateOfBaseManagementOnEquityPerQuarter" xlink:label="pine_RelatedPartyTransactionRateOfBaseManagementOnEquityPerQuarter_637396668991118367"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="pine_RelatedPartyTransactionRateOfBaseManagementOnEquityPerQuarter_637396668991118367" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RelatedPartyTransactionRateOfBaseManagementOnEquityPerAnnum" xlink:label="pine_RelatedPartyTransactionRateOfBaseManagementOnEquityPerAnnum_637396668991118367"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="pine_RelatedPartyTransactionRateOfBaseManagementOnEquityPerAnnum_637396668991118367" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RelatedPartyTransactionCumulativeAnnualHurdleRate" xlink:label="pine_RelatedPartyTransactionCumulativeAnnualHurdleRate_637396668991118367"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="pine_RelatedPartyTransactionCumulativeAnnualHurdleRate_637396668991118367" order="7" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RelatedPartyTransactionIncentiveFee" xlink:label="pine_RelatedPartyTransactionIncentiveFee_637396668991118367"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="pine_RelatedPartyTransactionIncentiveFee_637396668991118367" order="8" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_MultiplyingFactorAsPercentageOfOutperformanceAmountWithWeightedAverageShares" xlink:label="pine_MultiplyingFactorAsPercentageOfOutperformanceAmountWithWeightedAverageShares_637396668991118367"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="pine_MultiplyingFactorAsPercentageOfOutperformanceAmountWithWeightedAverageShares_637396668991118367" order="9" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ManagementAgreementRenewalTerm" xlink:label="pine_ManagementAgreementRenewalTerm_637396668991118367"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="pine_ManagementAgreementRenewalTerm_637396668991118367" order="10" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RelatedPartyTransactionVotingRightsPercentage" xlink:label="pine_RelatedPartyTransactionVotingRightsPercentage_637396668991118367"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="pine_RelatedPartyTransactionVotingRightsPercentage_637396668991118367" order="11" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RelatedPartyTransactionNoticePeriodForTerminationOfManagementAgreement" xlink:label="pine_RelatedPartyTransactionNoticePeriodForTerminationOfManagementAgreement_637396668991123702"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="pine_RelatedPartyTransactionNoticePeriodForTerminationOfManagementAgreement_637396668991123702" order="12" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PaymentOfDividendToRelatedParties" xlink:label="pine_PaymentOfDividendToRelatedParties_637396668991123702"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="pine_PaymentOfDividendToRelatedParties_637396668991123702" order="13" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PaymentOfManagementFeesToRelatedParties" xlink:label="pine_PaymentOfManagementFeesToRelatedParties_637396668991123702"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="pine_PaymentOfManagementFeesToRelatedParties_637396668991123702" order="14" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PaymentsForRelatedPartyManagementFeeAndManagersDividend" xlink:label="pine_PaymentsForRelatedPartyManagementFeeAndManagersDividend_637396668991123702"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991113360" xlink:to="pine_PaymentsForRelatedPartyManagementFeeAndManagersDividend_637396668991123702" order="15" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureRelatedPartyManagementCompanyDueFromCompanyToCtoDetails" xlink:type="extended" xlink:title="41502 - Disclosure - RELATED PARTY MANAGEMENT COMPANY - Due from the Company to CTO (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="us-gaap_RelatedPartyTransactionsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_637396668991128724"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsAbstract" xlink:to="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_637396668991128724" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_637396668991128724"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_637396668991128724" xlink:to="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_637396668991128724" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:label="us-gaap_RelatedPartyDomain_637396668991128724"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_637396668991128724" xlink:to="us-gaap_RelatedPartyDomain_637396668991128724" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_AffiliatedEntityMember" xlink:label="srt_AffiliatedEntityMember_637396668991128724"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyDomain_637396668991128724" xlink:to="srt_AffiliatedEntityMember_637396668991128724" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionLineItems" xlink:label="us-gaap_RelatedPartyTransactionLineItems_637396668991128724"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_637396668991128724" xlink:to="us-gaap_RelatedPartyTransactionLineItems_637396668991128724" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="6"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RelatedPartyTransactionManagementFee" xlink:label="pine_RelatedPartyTransactionManagementFee_637396668991128724"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991128724" xlink:to="pine_RelatedPartyTransactionManagementFee_637396668991128724" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RelatedPartyTransactionDividendPayableOnOperatingPartnershipUnits" xlink:label="pine_RelatedPartyTransactionDividendPayableOnOperatingPartnershipUnits_637396668991128724"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991128724" xlink:to="pine_RelatedPartyTransactionDividendPayableOnOperatingPartnershipUnits_637396668991128724" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_DueToDueFromOtherRelatedParties" xlink:label="pine_DueToDueFromOtherRelatedParties_637396668991133753"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991128724" xlink:to="pine_DueToDueFromOtherRelatedParties_637396668991133753" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="5"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DueToRelatedPartiesCurrentAndNoncurrent" xlink:label="us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_637396668991133753"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_RelatedPartyTransactionLineItems_637396668991128724" xlink:to="us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_637396668991133753" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" priority="4"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureCommitmentsAndContingenciesDetails" xlink:type="extended" xlink:title="41601 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="CommitmentsAndContingenciesDisclosureAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherCommitmentsTable" xlink:label="us-gaap_OtherCommitmentsTable_637396668991133753"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="CommitmentsAndContingenciesDisclosureAbstract" xlink:to="us-gaap_OtherCommitmentsTable_637396668991133753" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis" xlink:label="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_637396668991133753"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OtherCommitmentsTable_637396668991133753" xlink:to="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_637396668991133753" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain" xlink:label="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_637396668991133753"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis_637396668991133753" xlink:to="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_637396668991133753" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_GeorgetownTxMember" xlink:label="pine_GeorgetownTxMember_637396668991138742"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="srt_RealEstateAndAccumulatedDepreciationNameOfPropertyDomain_637396668991133753" xlink:to="pine_GeorgetownTxMember_637396668991138742" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherCommitmentsLineItems" xlink:label="us-gaap_OtherCommitmentsLineItems_637396668991138742"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OtherCommitmentsTable_637396668991133753" xlink:to="us-gaap_OtherCommitmentsLineItems_637396668991138742" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ContractualObligation" xlink:label="us-gaap_ContractualObligation_637396668991138742"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OtherCommitmentsLineItems_637396668991138742" xlink:to="us-gaap_ContractualObligation_637396668991138742" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsForTenantImprovements" xlink:label="us-gaap_PaymentsForTenantImprovements_637396668991138742"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OtherCommitmentsLineItems_637396668991138742" xlink:to="us-gaap_PaymentsForTenantImprovements_637396668991138742" order="2" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_ExpectedTenantImprovementsExpenses" xlink:label="pine_ExpectedTenantImprovementsExpenses_637396668991138742"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OtherCommitmentsLineItems_637396668991138742" xlink:to="pine_ExpectedTenantImprovementsExpenses_637396668991138742" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ContractualObligation" xlink:label="us-gaap_ContractualObligation_6373966689911387421"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OtherCommitmentsLineItems_637396668991138742" xlink:to="us-gaap_ContractualObligation_6373966689911387421" order="4" use="optional" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_RefundOfTenantImprovements" xlink:label="pine_RefundOfTenantImprovements_637396668991138742"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OtherCommitmentsLineItems_637396668991138742" xlink:to="pine_RefundOfTenantImprovements_637396668991138742" order="5" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_TenantImprovementsTotalAnticipatedNetCashOutlay" xlink:label="pine_TenantImprovementsTotalAnticipatedNetCashOutlay_637396668991138742"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_OtherCommitmentsLineItems_637396668991138742" xlink:to="pine_TenantImprovementsTotalAnticipatedNetCashOutlay_637396668991138742" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="3"/>
</presentationLink>
<presentationLink xlink:role="http://www.ctlc.com/role/DisclosureSubsequentEventsDetails" xlink:type="extended" xlink:title="41701 - Disclosure - SUBSEQUENT EVENTS (Details)" xmlns="http://www.xbrl.org/2003/linkbase">
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="us-gaap_SubsequentEventsAbstract"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventTable" xlink:label="us-gaap_SubsequentEventTable_637396668991143760"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventsAbstract" xlink:to="us-gaap_SubsequentEventTable_637396668991143760" order="1" use="optional" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="us-gaap_SubsequentEventTypeAxis_637396668991143760"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_637396668991143760" xlink:to="us-gaap_SubsequentEventTypeAxis_637396668991143760" order="1" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="us-gaap_SubsequentEventTypeDomain_637396668991143760"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTypeAxis_637396668991143760" xlink:to="us-gaap_SubsequentEventTypeDomain_637396668991143760" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="us-gaap_SubsequentEventMember_637396668991148778"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTypeDomain_637396668991143760" xlink:to="us-gaap_SubsequentEventMember_637396668991148778" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="us-gaap_DebtInstrumentAxis_637396668991148778"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_637396668991143760" xlink:to="us-gaap_DebtInstrumentAxis_637396668991148778" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="us-gaap_DebtInstrumentNameDomain_637396668991148778"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentAxis_637396668991148778" xlink:to="us-gaap_DebtInstrumentNameDomain_637396668991148778" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_BankOfMontrealCreditAgreementAsAmendedMember" xlink:label="pine_BankOfMontrealCreditAgreementAsAmendedMember_637396668991148778"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_DebtInstrumentNameDomain_637396668991148778" xlink:to="pine_BankOfMontrealCreditAgreementAsAmendedMember_637396668991148778" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventLineItems" xlink:label="us-gaap_SubsequentEventLineItems_637396668991148778"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventTable_637396668991143760" xlink:to="us-gaap_SubsequentEventLineItems_637396668991148778" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PercentageOfContractualBaseRentReceived" xlink:label="pine_PercentageOfContractualBaseRentReceived_637396668991148778"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_637396668991148778" xlink:to="pine_PercentageOfContractualBaseRentReceived_637396668991148778" order="1" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="1"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_NumberOfLenders" xlink:label="pine_NumberOfLenders_637396668991148778"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_637396668991148778" xlink:to="pine_NumberOfLenders_637396668991148778" order="2" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_637396668991148778"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_637396668991148778" xlink:to="us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_637396668991148778" order="3" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_LineOfCreditFacilityMaximumBorrowingCapacityIncludingAccordionFeature" xlink:label="pine_LineOfCreditFacilityMaximumBorrowingCapacityIncludingAccordionFeature_637396668991153818"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_637396668991148778" xlink:to="pine_LineOfCreditFacilityMaximumBorrowingCapacityIncludingAccordionFeature_637396668991153818" order="4" use="optional" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="4"/>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DividendsPayableAmountPerShare" xlink:label="us-gaap_DividendsPayableAmountPerShare_637396668991153818"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_637396668991148778" xlink:to="us-gaap_DividendsPayableAmountPerShare_637396668991153818" order="5" use="optional" priority="2"/>
<loc xlink:type="locator" xlink:href="pine-20200930.xsd#pine_PercentageOfIncreaseInCashDividend" xlink:label="pine_PercentageOfIncreaseInCashDividend_637396668991153818"/>
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="us-gaap_SubsequentEventLineItems_637396668991148778" xlink:to="pine_PercentageOfIncreaseInCashDividend_637396668991153818" order="6" use="optional" preferredLabel="http://www.xbrl.org/2003/role/label" priority="1"/>
</presentationLink>
</link:linkbase>

5 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/21/22  Alpine Income Prop Trust, Inc.    424B5                  1:728K                                   Toppan Merrill/FA
 6/04/21  Alpine Income Prop Trust, Inc.    424B5                  1:676K                                   Donnelley … Solutions/FA
 6/02/21  Alpine Income Prop Trust, Inc.    424B5                  1:675K                                   Donnelley … Solutions/FA
12/14/20  Alpine Income Prop Trust, Inc.    424B5                  1:664K                                   Donnelley … Solutions/FA
12/01/20  Alpine Income Prop Trust, Inc.    S-3                    4:568K                                   Donnelley … Solutions/FA

3 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/22/20  Alpine Income Prop Trust, Inc.    8-K:1,2,7,910/16/20    3:1.7M                                   Toppan Merrill Bridge/FA
12/03/19  Alpine Income Prop Trust, Inc.    8-K:1,2,3,511/21/19   19:4.7M                                   Toppan Merrill Bridge/FA
10/29/19  Alpine Income Prop Trust, Inc.    S-11/A®               18:4.4M                                   Donnelley … Solutions/FA
↑Top
Filing Submission 0001558370-20-012158   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
About — Privacy — Redactions — Help — Fri., May 10, 7:07:52.2am ET