Generation Income Properties Inc. (NASDAQ: GIPR) announced that its special committee of independent directors concluded a review of strategic alternatives and recommended the company continue operating independently.

The Tampa-based real estate investment trust formed the special committee in May 2025 to evaluate potential transactions including a sale, merger, financing or other strategic options. The committee retained Cantor Fitzgerald & Co. as financial advisor and Vinson & Elkins L.L.P. as legal counsel.

After conducting what the company described as a comprehensive process and evaluating non-binding indications of interest for a potential sale, the special committee unanimously determined that remaining an independent public company while strategically managing its portfolio to address near-term debt and preferred equity maturities serves the best interests of shareholders.

The board of directors accepted the committee's recommendation and dissolved the special committee. Cantor Fitzgerald will continue serving as the company's financial advisor under its existing engagement terms.

The board stated it will continue considering any future indications of interest regarding potential transactions and may resume reviewing strategic alternatives if opportunities arise.

Generation Income Properties focuses on acquiring retail, office and industrial net lease properties in densely populated submarkets. The company operates as an internally managed real estate investment trust.