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 nine Burger King properties for $19.9 million from Ampler Restaurant Group via sale-leaseback. The properties are located in strong retail corridors in Tennessee and are franchisee-operated under long-term, triple net leases with 20 years of term. The transaction was priced at a 6.8% cap rate on rent as of the closing date and exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trus

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 six Whataburger properties for $16.8 million from MWB Restaurants via sale-leaseback. The properties are newly constructed and located in strong retail corridors in Alabama and franchisee-operated under long term, triple net leases with approximately 20 years of term remaining. The transaction was priced at a 6.8% cap rate on rent as of the closing date and exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, i

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 6 Burger King properties for $10.1 million via sale leaseback. The properties are located in highly-trafficked corridors in Texas and are each under long-term, triple net leases guaranteed by Burger King Corporate. The transaction was priced at a cap rate in range with previous FCPT transactions. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing o

Barclays initiated coverage of Four Corners Property Trust with a rating of Equal Weight and set a new price target of $31.00

UBS initiated coverage of Four Corners Property Trust with a rating of Buy and set a new price target of $33.00

JMP Securities initiated coverage of Four Corners Property Trust with a rating of Mkt Perform

4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)

4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)

4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)

4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)

4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)

4 - Four Corners Property Trust, Inc. (0001650132) (Issuer)

8-K - Four Corners Property Trust, Inc. (0001650132) (Filer)

8-K - Four Corners Property Trust, Inc. (0001650132) (Filer)

424B5 - Four Corners Property Trust, Inc. (0001650132) (Filer)

BRADENTON, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) -- First Watch Restaurant Group, Inc. (NASDAQ:FWRG) ("First Watch" or the "Company"), the leading Daytime Dining concept serving breakfast, brunch and lunch, today announced the appointment of Charles Jemley to its Board of Directors and as Chair of the Audit Committee effective immediately and the appointment of Michael Fleisher to its Board of Directors effective November 1, 2024. "We are pleased to welcome Charley and Michael to our Board of Directors, and we look forward to leaning on their extensive financial management expertise as we continue to scale the First Watch brand," said Ralph Alvarez, Chairman of the Board of Directors of Fi

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), announced today that it plans to promote Patrick Wernig, Managing Director of Acquisitions, to Chief Financial Officer subject to his appointment by the Board of Directors (the "Board"). Mr. Wernig, following a transitional period and subject to his appointment by the Board, will succeed Gerry Morgan as Chief Financial Officer subsequent to the release of the Company's financial results for the quarter ending March 31, 2024. Mr. Morgan will retire effective May 3, 2024, and assume an interim advis

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), announced today that Barbara Jesuele has been appointed to the Company's Board of Directors (the "Board"), effective March 9, 2023. Bill Lenehan, CEO of FCPT, said, "I couldn't be more excited to have Barbara join our Board. She brings a fresh perspective on real estate investment at a pivotal time in FCPT's growth. I look forward to working with her for many years to come." Barbara Jesuele serves as the Deputy Chief Investment Officer at J. Paul Getty Trust ("Getty"). She has worked at Getty for

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 nine Burger King properties for $19.9 million from Ampler Restaurant Group via sale-leaseback. The properties are located in strong retail corridors in Tennessee and are franchisee-operated under long-term, triple net leases with 20 years of term. The transaction was priced at a 6.8% cap rate on rent as of the closing date and exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trus

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 six Whataburger properties for $16.8 million from MWB Restaurants via sale-leaseback. The properties are newly constructed and located in strong retail corridors in Alabama and franchisee-operated under long term, triple net leases with approximately 20 years of term remaining. The transaction was priced at a 6.8% cap rate on rent as of the closing date and exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, i

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 6 Burger King properties for $10.1 million via sale leaseback. The properties are located in highly-trafficked corridors in Texas and are each under long-term, triple net leases guaranteed by Burger King Corporate. The transaction was priced at a cap rate in range with previous FCPT transactions. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing o

SC 13G/A - Four Corners Property Trust, Inc. (0001650132) (Subject)

SC 13G/A - Four Corners Property Trust, Inc. (0001650132) (Subject)

SC 13G/A - Four Corners Property Trust, Inc. (0001650132) (Subject)