FCPT Announces Acquisition of a Popeyes Restaurant Property from Seritage Transaction for $1.6 Million
Four Corners Property Trust (NYSE:FCPT) has acquired a Popeyes restaurant property in South Carolina for $1.6 million, part of a larger transaction with Seritage.
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MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Popeyes restaurant property for
Inclusive of today’s acquisition, FCPT has acquired a total of 19 properties for
About FCPT
FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease for use in the restaurant and retail industries. Additional information about FCPT can be found on the website at www.fcpt.com.
Contacts
Four Corners Property Trust:
Bill Lenehan, 415-965-8031
CEO
Gerry Morgan, 415-965-8032
CFO