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FCPT Announces Acquisition Of Two Oak Street Health Properties For $4.2M

Author: Benzinga Newsdesk | January 07, 2024 04:25pm

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.

Posted In: FCPT


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