Mergers & Acquisitions ·
Four Corners Property Trust, Inc. closed on the acquisition of 102 Mission Pet Health veterinary properties for a…
FCPTFour Corners Property Trust, Inc.
Four Corners Property Trust, Inc. closed on the acquisition of 102 Mission Pet Health veterinary properties for a purchase price of $268.0 million. The properties are currently operated by Mission Pet Health. Including this transaction, the company has acquired 139 properties for a total investment of & $364.3 million year-to-date, achieving a weighted average cap rate of 6.6%. Four Corners Property Trust, & is a real estate investment trust (REIT) focused on owning and acquiring high-quality, net-leased restaurant and retail properties.