FCPT Announces Acquisition of a Wendy’s Property from Washington Prime Group for $1.2 Million
Four Corners Property Trust (NYSE:FCPT) has acquired a Wendy’s restaurant property in Virginia for $1.2 million, as part of a larger transaction with Washington Prime Group.
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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 Wendy’s restaurant property for
Inclusive of today’s acquisition, FCPT has acquired a total of 49 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, 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.
Contacts
Four Corners Property Trust:
Bill Lenehan, 415-965-8031
CEO
Gerry Morgan, 415-965-8032
CFO