FCPT Acquires Two WellNow Urgent Care Properties for USD 5.4m.

MANews-(C)2009-2021

US-based real estate investment trust Four Corners Property Trust (NYSE: FCPT) has acquired two WellNow Urgent Care properties for USD 5.4m, the company said.

The properties are located in highly trafficked corridors in New York and both leases are with the corporate entity.

The transaction was priced at a cap rate in range with previous FCPT transactions.

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the...

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