NYSE:FCPTSpecialized REITs
Four Corners Property Trust's Valuation in Focus After New Restaurant Acquisitions Strengthen Portfolio
Four Corners Property Trust (FCPT) is drawing fresh attention after the company revealed two new acquisitions that add to its growing portfolio of restaurant properties. In less than two weeks, FCPT purchased a Bojangles site in Tennessee on a corporate-backed triple net lease. The company also acquired four newly built Burger King locations in high-traffic regions spanning Ohio, Kentucky, and Virginia. These transactions align with FCPT’s pattern of securing real estate backed by long-term...