FCPT Acquires Three Express Oil Change & Tire Engineers Properties |
Four Corners Property Trust announces the acquisition of three Express Oil Change & Tire Engineers properties for $9.5 million. |
zacks.com |
2025-05-12 17:25:40 |
Czytaj oryginał (ang.) |
FCPT Announces Acquisition of Three Express Oil Change & Tire Engineers Properties for $9.5 Million |
MILL VALLEY, Calif.--(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 three Express Oil Change & Tire Engineers properties for $9.5 million. The properties are located in highly trafficked corridors in Georgia and are corporate-operated under long term, triple net leases wi. |
businesswire.com |
2025-05-08 22:20:00 |
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Four Corners Property: Solid Dividends And Growth For A Volatile Market |
Wealth is built through consistent, steady gains; FCPT fits this mold with its stable, e-commerce-resistant portfolio and a 5.1% yield. FCPT specializes in services properties, maintaining high occupancy and strong rent collections with a solid tenant financial base. Despite tenant concentration risks, FCPT's properties' fungibility and disciplined acquisition strategy beget attractive cap rates and growth potential. |
seekingalpha.com |
2025-05-05 11:15:00 |
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Four Corners Property Trust, Inc. (FCPT) Q1 2025 Earnings Call Transcript |
Four Corners Property Trust, Inc. (NYSE:FCPT ) Q1 2025 Results Conference Call May 1, 2025 12:00 PM ET Company Participants Patrick Wernig - Chief Financial Officer Bill Lenehan - Chief Executive Officer Josh Zhang - Chief Investment Officer Conference Call Participants John Kilichowski - Wells Fargo Catherine Graves - UBS Anthony Paolone - JPMorgan Wes Golladay - Baird Kyle Katorincek - Janney R.J. Milligan - Raymond James Jason Wayne - Barclays James Kammert - Evercore Operator Hello and welcome everyone to the FCPT First Quarter 2025 Financial Results Conference call. |
seekingalpha.com |
2025-05-01 18:23:07 |
Czytaj oryginał (ang.) |
Four Corners Property Trust (FCPT) Meets Q1 FFO Estimates |
Four Corners Property Trust (FCPT) came out with quarterly funds from operations (FFO) of $0.44 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.43 per share a year ago. |
zacks.com |
2025-04-30 23:10:38 |
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FCPT Announces First Quarter 2025 Financial and Operating Results |
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc. (“FCPT” or the “Company”, NYSE: FCPT) today announced financial results for the three months ended March 31, 2025. Management Comments “FCPT started the year off strong, continuing the momentum from the end of 2024. We accomplished the highest first quarter acquisition volume in company history, acquiring over $56 million of properties leased to national brands at attractive pricing,” said CEO Bill Lenehan. “While the marke. |
businesswire.com |
2025-04-30 20:05:00 |
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3 Top Dividend Stocks Yielding 5% or More to Buy Right Now to Boost Your Passive Income |
Investing in dividend stocks is a great way to make some extra cash. The top ones pay a lucrative income stream that steadily rises, enabling you to turn idle cash into a growing stream of passive income. |
fool.com |
2025-04-27 08:49:00 |
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FCPT Announces Acquisition of a Caribou Coffee Property for $1.4 Million |
MILL VALLEY, Calif.--(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 a Caribou Coffee property for $1.4 million. Caribou Coffee was established in Minnesota in 1992 and is a subsidiary of Panera Brands under JAB Holding Company. The property is located in a highly-trafficked c. |
businesswire.com |
2025-04-24 22:16:00 |
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FCPT Announces Acquisition of a Chuy's Property for $2.9 Million |
MILL VALLEY, Calif.--(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 a Chuy's property for $2.9 million. Chuy's, recently acquired by Darden Restaurants, is a casual dining restaurant chain with over 100 locations across the United States known for its Tex-Mex cuisine. The pro. |
businesswire.com |
2025-04-21 20:25:00 |
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Short Interest Down For U.S. REITs In March, Up For Advertising REITs |
Average short interest in US equity real estate investment trusts decreased moderately in March. US REITs' short interest fell 3 basis points month over month to 3.7% of shares outstanding on average in March. The shopping center segment logged the biggest decline in March compared to the previous month, down 1.2 percentage points to 3.3% of shares outstanding on average. |
seekingalpha.com |
2025-04-18 19:02:00 |
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FCPT Announces Acquisition of an Outback Steakhouse Property for $1.6 Million |
MILL VALLEY, Calif.--(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 an Outback Steakhouse property for $1.6 million. The property is located in a strong retail corridor in Oklahoma and is corporate-operated under a triple net lease with approximately four years of term remain. |
businesswire.com |
2025-04-17 20:05:00 |
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FCPT Continues its Acquisition Spree With Automotive Service Property |
Four Corners Property Trust announces the acquisition of an automotive service property in Arkansas for $5.3 million. |
zacks.com |
2025-04-10 13:40:53 |
Czytaj oryginał (ang.) |
FCPT Announces Acquisition of an Automotive Service Property for $5.3 Million |
MILL VALLEY, Calif.--(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 an automotive service property leased to a national operator for $5.3 million. The property is located in a highly trafficked corridor in Arkansas and under a corporate long-term triple net lease. The transac. |
businesswire.com |
2025-04-09 22:26:00 |
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FCPT to Report First Quarter 2025 Financial Results |
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE: FCPT), a real estate investment trust (REIT) primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), announced today that it will release financial results for the three months ended March 31, 2025, after the market close on Wednesday, April 30, 2025. A conference call and audio webcast with analysts and investors will be held on Thursday, M. |
businesswire.com |
2025-04-07 20:31:00 |
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FCPT Acquires Tenth Property From Ampler Restaurant Group |
FCPT announces the acquisition of the tenth Burger King property through a sale-leaseback from Ampler Restaurant Group in March. |
zacks.com |
2025-04-07 14:46:50 |
Czytaj oryginał (ang.) |
FCPT Announces Sale-Leaseback of a Burger King Property from Ampler Restaurant Group for $2.1 Million |
MILL VALLEY, Calif.--(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 a Burger King property for $2.1 million from a previously announced sale-leaseback transaction with Ampler Restaurant Group. The property is located in a strong retail corridor in Kentucky and is franchisee-o. |
businesswire.com |
2025-04-04 20:59:00 |
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FCPT Acquires Properties Through Sale-Leaseback, Diversifies Portfolio |
FCPT announces the acquisition of multiple properties through a sale-leaseback as part of its diversification efforts. |
zacks.com |
2025-04-01 14:26:07 |
Czytaj oryginał (ang.) |
FCPT Announces Sale-Leaseback of Nine Burger King Properties from Ampler Restaurant Group for $19.9 Million |
MILL VALLEY, Calif.--(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 nine Burger King properties for $19.9 million from Ampler Restaurant Group via sale-leaseback. The properties are located in strong retail corridors in Tennessee and are franchisee-operated under long-term, t. |
businesswire.com |
2025-03-31 22:34:00 |
Czytaj oryginał (ang.) |
FCPT Announces Sale-Leaseback of a Portfolio of Six Whataburger Properties from MWB Restaurants for $16.8 Million |
MILL VALLEY, Calif.--(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 six Whataburger properties for $16.8 million from MWB Restaurants via sale-leaseback. The properties are newly constructed and located in strong retail corridors in Alabama and franchisee-operated under long. |
businesswire.com |
2025-03-28 20:16:00 |
Czytaj oryginał (ang.) |
FCPT Acquires Properties Through Sale-Leaseback, Bolsters Portfolio |
FCPT expands portfolio with a sale-leaseback acquisition for $10.1 million. |
zacks.com |
2025-03-19 14:26:07 |
Czytaj oryginał (ang.) |
Four Corners Property: Slowing Growth, High Valuation And Concentration Risks Make It Hard To Recommend |
Despite high occupancy rates and a robust balance sheet, the company's AFFO growth has slowed, and it trades at a premium valuation. The company's heavy reliance on a single tenant and high concentration in the restaurant sector make it riskier than its peers. Given its current valuation and exposure risks, I recommend a "hold" rating for Four Corners, as better opportunities exist in the triple net lease retail space. |
seekingalpha.com |
2025-02-17 09:40:00 |
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Four Corners Property: Have Your Diner Pay You Back |
Four Corners Property Trust is a net lease REIT with a durable, e-commerce-resistant portfolio of nationally recognized tenants. FCPT demonstrates strong operational fundamentals with near-full occupancy, healthy rent coverage ratios, and steady growth in rental revenue and AFFO. It also has a solid balance sheet with ample liquidity, supporting accretive acquisitions and offering a well-covered dividend yield. |
seekingalpha.com |
2025-02-16 12:37:05 |
Czytaj oryginał (ang.) |
Four Corners Property Trust, Inc. (FCPT) Q4 2024 Earnings Call Transcript |
Four Corners Property Trust, Inc. (NYSE:FCPT ) Q4 2024 Earnings Conference Call February 13, 2025 11:00 AM ET Company Participants Patrick Wernig - Chief Financial Officer Bill Lenehan - Chief Executive Officer Josh Zhang - Chief Investment Officer Conference Call Participants Anthony Paolone - JPMorgan Kyle Katorincek - Janney Montgomery Michael Goldsmith - UBS John Kilichowski - Wells Fargo Rich Hightower - Barclays Alec Feygin - Baird Mitch Germain - JMP Jim Kammert - Evercore Operator Good morning all, and thank you for joining us to the FCPT Fourth Quarter 2024 Financial Results Conference Call. My name is Carly, and I'll be coordinating your call today. |
seekingalpha.com |
2025-02-13 15:10:32 |
Czytaj oryginał (ang.) |
Four Corners Property Trust (FCPT) Beats Q4 FFO Estimates |
Four Corners Property Trust (FCPT) came out with quarterly funds from operations (FFO) of $0.44 per share, beating the Zacks Consensus Estimate of $0.42 per share. This compares to FFO of $0.43 per share a year ago. |
zacks.com |
2025-02-12 21:11:10 |
Czytaj oryginał (ang.) |
FCPT Announces Acquisition of an Automotive Service Property for $4.9 Million |
MILL VALLEY, Calif.--(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 an automotive service property leased to a national operator for $4.9 million. The property is located in a highly trafficked corridor in Ohio and under a corporate long-term triple net lease. The transaction. |
businesswire.com |
2025-02-12 20:43:00 |
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FCPT Announces Fourth Quarter 2024 Financial and Operating Results |
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc. (“FCPT” or the “Company”) (NYSE: FCPT) today announced financial results for the three and twelve months ended December 31, 2024. Management Comments “FCPT demonstrated great discipline on both capital raising and investing in 2024. We successfully acquired $265 million of properties leased to diverse national brands at accretive pricing. We ended the year with great momentum, closing on over $132 million of acquisitions in. |
businesswire.com |
2025-02-12 18:20:00 |
Czytaj oryginał (ang.) |
FCPT Announces Upsizing and Extension of Unsecured Credit Facility |
MILL VALLEY, Calif.--(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”), announced today that the Company entered into a Fourth Amended and Restated Revolving Credit and Term Loan Agreement with a group of existing lenders (the “Credit Agreement”). The Credit Agreement increases the overall size of the facility from $765. |
businesswire.com |
2025-01-31 11:15:00 |
Czytaj oryginał (ang.) |
FCPT Expands Portfolio With Automotive Service Property Acquisition |
FCPT continues its portfolio diversification momentum and buys an automotive service property for $4.8 million. |
zacks.com |
2025-01-29 12:25:34 |
Czytaj oryginał (ang.) |
FCPT Announces Acquisition of an Automotive Service Property for $4.8 Million |
MILL VALLEY, Calif.--(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 an automotive service property leased to a national operator for $4.8 million. The property is located in a highly trafficked corridor in Texas and under a corporate long-term triple net lease. The transactio. |
businesswire.com |
2025-01-28 20:14:00 |
Czytaj oryginał (ang.) |
FCPT Announces Tax Treatment of 2024 Distributions |
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc. (NYSE: FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), announced today the tax characterization of its 2024 common stock distributions as shown below. Record Date Payment Date Total Distribution ($ per share) Form 1099 Box 1a Ordinary Taxable Dividend ($ per share) Form 1099 Box 1b Qualified Taxab. |
businesswire.com |
2025-01-21 22:24:00 |
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FCPT to Report Fourth Quarter 2024 Financial Results |
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE: FCPT), a real estate investment trust (REIT) primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), announced today that it will release financial results for the three and twelve months ended December 31, 2024, after the market close on Wednesday, February 12, 2025. A conference call and audio webcast with analysts and investors will be he. |
businesswire.com |
2025-01-14 18:05:00 |
Czytaj oryginał (ang.) |
Four Corners Property Trust Hits $265 Million in 2024 Acquisitions |
FCPT's latest acquisition marks the culmination of a robust year, bringing the total real estate acquisitions in 2024 to 87 properties. |
zacks.com |
2024-12-30 13:10:31 |
Czytaj oryginał (ang.) |
REITs Remain On Naughty List |
U.S. equity markets rebounded after their worst week since November, while interest rates swelled to fresh seven-month highs as investors parsed data showing relatively strong retail and travel demand trends. Recovering from a slide of over 2% last week, the S&P 500 advanced 0.7%, lifting its year-to-date gains to over 26%. The Nasdaq 100 extended its 2024 gains to 28%. Real estate equities underperformed again following punishing declines last week on the heels of the Fed's hawkish pivot, and remain significant laggards for a second-straight year with muted 4% gains. |
seekingalpha.com |
2024-12-29 11:00:00 |
Czytaj oryginał (ang.) |
FCPT Announces Acquisition of a Burger King Property for $1.7 Million and Total 2024 Acquisition Volume of $265 Million |
MILL VALLEY, Calif.--(BUSINESS WIRE)--FCPT Announces Acquisition of a Burger King Property for $1.7 Million and Total 2024 Acquisition Volume of $265 Million. |
businesswire.com |
2024-12-27 19:52:00 |
Czytaj oryginał (ang.) |
FCPT Buys Automotive Service Properties, Boosts Diversification |
In a bid to diversify its portfolio, FCPT purchases yet another portfolio of automotive service properties through sale-leaseback. |
zacks.com |
2024-12-26 13:16:11 |
Czytaj oryginał (ang.) |
FCPT Announces Sale Leaseback of a Portfolio of Automotive Service Properties From a National Operator for $12 Million |
MILL VALLEY, Calif.--(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 a portfolio of automotive service properties for $12 million from a national operator via sale-leaseback. The properties are located in strong retail corridors across multiple states. The sites are under long. |
businesswire.com |
2024-12-24 15:28:00 |
Czytaj oryginał (ang.) |
FCPT Acquires 6 Christian Brothers Automotive Properties for $24.8M |
FCPT continues its portfolio diversification efforts and acquires six Christian Brothers Automotive properties through sale-leaseback. |
zacks.com |
2024-12-24 12:31:30 |
Czytaj oryginał (ang.) |
FCPT Announces Acquisition via Sale-Leaseback of Six Christian Brothers Automotive Properties for $24.8 Million |
MILL VALLEY, Calif.--(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 via sale-leaseback of six Christian Brothers Automotive properties for $24.8 million. The properties are located across Georgia (2), Indiana (2), Florida (1), and Illinois (1). The sites are in strong retail cor. |
businesswire.com |
2024-12-23 19:29:00 |
Czytaj oryginał (ang.) |
FCPT Announces Acquisition of a National Veterinary Associates Property for $3.5 Million |
MILL VALLEY, Calif.--(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 a National Veterinary Associates property for $3.5 million. The property is located in Connecticut and is corporate-operated under a new long-term, triple net lease with annual rent bumps. The transaction was. |
businesswire.com |
2024-12-23 19:03:00 |
Czytaj oryginał (ang.) |
Four Corners Indulges in Another Acquisition to Boost Portfolio |
In a row of sequential acquisitions, FCPT adds nine more healthcare properties, broadening its portfolio. |
zacks.com |
2024-12-23 12:36:14 |
Czytaj oryginał (ang.) |
Powell Plays Grinch |
U.S. equity markets tumbled this week while benchmark interest rates jumped to six-month highs after the Fed cut rates for a third-straight meeting but indicated a less-dovish outlook for 2025. Reflecting concern over stubbornly sticky inflation and buoyant economic growth, the FOMC's updated Economic Projections indicate just two rate cuts in 2025, down from four in the prior forecast. Posting its worst week since November, the S&P 500 dipped 2.2%. The Dow shed roughly 1,000 points, while the Small-Cap 600 and the Mid-Cap 400 each tumbled by nearly 5%. |
seekingalpha.com |
2024-12-22 11:00:00 |
Czytaj oryginał (ang.) |
FCPT Announces Acquisition of Nine American Family Care Properties for $21.2 Million |
MILL VALLEY, Calif.--(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 nine American Family Care properties for $21.2 million. American Family Care is an urgent care, family care, and primary care operator with 384 clinics across 33 states, known for its patient-first approach t. |
businesswire.com |
2024-12-20 20:27:00 |
Czytaj oryginał (ang.) |
Four Corners Continues Its Acquisition Spree With Multiple Properties |
FCPT indulges in numerous strategic acquisitions to materialize its portfolio expansion efforts. |
zacks.com |
2024-12-20 12:15:27 |
Czytaj oryginał (ang.) |
FCPT Announces Sale Leaseback of Two Riverview Health Outpatient Primary Care Properties for $13.5 Million |
MILL VALLEY, Calif.--(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 two Riverview Health outpatient primary care properties for $13.5 million via sale leaseback. Riverview Health is a non-profit health system that is owned by Hamilton County (Indiana) and is comprised of two. |
businesswire.com |
2024-12-19 20:28:00 |
Czytaj oryginał (ang.) |
FCPT Announces Acquisition of a MercyOne Outpatient Clinic Property for $2.8 Million |
MILL VALLEY, Calif.--(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 a MercyOne outpatient clinic property for $2.8 million. The property is located in a strong retail corridor in Iowa and is under a triple net lease with approximately five years of term remaining. The transac. |
businesswire.com |
2024-12-19 19:08:00 |
Czytaj oryginał (ang.) |
FCPT Announces Acquisition of a P.F. Chang's Property for $4.8 Million |
MILL VALLEY, Calif.--(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 a P.F. Chang's property for $4.8 million. P.F. Chang's China Bistro is an American-based, casual dining restaurant chain with over 200 locations across the United States, serving Asian fusion cuisine. The pro. |
businesswire.com |
2024-12-19 18:05:00 |
Czytaj oryginał (ang.) |
FCPT Announces Acquisition of a City Barbeque Property for $2.6 Million |
MILL VALLEY, Calif.--(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 a City Barbeque property for $2.6 million. City Barbeque is a 25-year-old fast casual barbeque concept with approximately 75 units primarily serving the Southeast and Midwest. The property is newly constructe. |
businesswire.com |
2024-12-17 18:50:00 |
Czytaj oryginał (ang.) |
Four Corners Continues Its Acquisition Spree With a NAPA Property |
FCPT announces the acquisition of NAPA Auto Parts Property for $2.0 million. |
zacks.com |
2024-12-03 11:15:26 |
Czytaj oryginał (ang.) |
FCPT Announces Acquisition of a NAPA Auto Parts Property for $2.0 million |
MILL VALLEY, Calif.--(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 a NAPA Auto Parts property for $2.0 million. The property is located in a highly trafficked corridor in New York and is under a corporate, triple net lease with approximately 5 years of term remaining. The tr. |
businesswire.com |
2024-12-02 19:22:00 |
Czytaj oryginał (ang.) |
Four Corners Boosts Growth With Acquisition of Portfolio for $19.7M |
FCPT moves ahead with smart acquisitions, mitigating risks and fueling steady growth in an ever-changing market. |
zacks.com |
2024-11-28 13:11:08 |
Czytaj oryginał (ang.) |
FCPT Announces Acquisition of Five Outback Steakhouse Properties for $19.7 Million from a Repeat Seller |
MILL VALLEY, Calif.--(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 five Outback Steakhouse properties for $19.7 million from the same Seller as that of the Bloomin' Brands 19-property portfolio the Company closed in August 2024. The properties are located in strong retail co. |
businesswire.com |
2024-11-27 18:05:00 |
Czytaj oryginał (ang.) |