FCPT Announces Acquisition of a Four Property Developer Portfolio for $17.9 million
14 Julho 2023 - 5:15PM
Business Wire
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 four newly built properties for $17.9 million. The portfolio
spans eight brands and nine leases: Starbucks (2), Aspen Dental,
Bronson Health, Great Clips, Mattress Firm, Oak Street Health, Taco
Bell, and WellNow Urgent Care. The properties are newly constructed
and located in strong retail corridors in MI and IN and are
occupied under long-term net leases. The transaction was priced at
a 6.6% cap rate on rent as of the closing date, exclusive of
transaction costs.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230714126136/en/
Four Corners Property Trust: Bill Lenehan, 415-965-8031 CEO
Gerry Morgan, 415-965-8032 CFO
Four Corners Property (NYSE:FCPT)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Four Corners Property (NYSE:FCPT)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024