FCPT

Four Corners Property Trust (FCPT) has signed a definitive agreement to acquire up to 102 Mission Pet Health veterinary properties from Shore Capital Real Estate Partners Fund I for up to $268 million. The deal represents a significant expansion of FCPT's portfolio beyond its core restaurant and retail net-lease focus into the veterinary/pet health sector. No financial terms beyond the purchase price were disclosed in the announcement.

Four Corners Property Trust (FCPT) announced a single-property asset exchange with Darden Restaurants, in which FCPT transferred a recently closed Bahama Breeze property in Michigan to Darden in exchange for another property. The transaction is a one-for-one swap between the two parties, with no additional financial terms disclosed in the excerpt. FCPT is a net-lease REIT with Darden as a key tenant relationship.

Four Corners Property Trust (FCPT) announced the acquisition of a Gerber Collision & Glass property for $3.5 million. The property is a net lease asset, consistent with FCPT's strategy of acquiring single-tenant restaurant and retail properties. No additional financial details or cap rate information were provided in the headline.