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FCPT Four Corners Property Trust Inc

25.05
0.05 (0.20%)
18 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Four Corners Property Trust Inc NYSE:FCPT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 0.20% 25.05 25.12 24.80 25.03 440,492 01:00:00

FCPT Announces Acquisition of Two Oak Street Health Properties for $4.2 Million

05/01/2024 10:22pm

Business Wire


Four Corners Property (NYSE:FCPT)
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Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of two Oak Street Health properties for $4.2 million. The properties are located in highly trafficked corridors in Iowa and Louisiana and are corporate-operated under long-term, net leases. The transaction was priced at a cap rate in range with previous FCPT transactions.

About FCPT

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. Additional information about FCPT can be found on the website at www.fcpt.com.

Four Corners Property Trust: Bill Lenehan, 415-965-8031 CEO Gerry Morgan, 415-965-8032 CFO

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