{"id":851038,"date":"2023-01-09T18:05:55","date_gmt":"2023-01-09T17:05:55","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/fcpt-announces-disposition-of-a-red-lobster-property-for-5-1-million\/"},"modified":"2023-01-09T18:05:55","modified_gmt":"2023-01-09T17:05:55","slug":"fcpt-announces-disposition-of-a-red-lobster-property-for-5-1-million","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/fcpt-announces-disposition-of-a-red-lobster-property-for-5-1-million\/","title":{"rendered":"FCPT Announces Disposition of a Red Lobster Property for $5.1 Million"},"content":{"rendered":"MILL VALLEY, Calif.--(BUSINESS WIRE)--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 (\u201cFCPT\u201d or the \u201cCompany\u201d), is pleased to announce the disposition of a Red Lobster property for $5.1 million. The property is located in Pennsylvania and is corporate-operated under a triple net lease. The transaction was priced at cap rate in range with previous FCPT dispositions. The Company plans to repurpose the proceeds into new investment opportunities consistent with FCPT thresholds.\n\n\nFCPT anticipates redeploying the proceeds from this transaction through an Internal Revenue Code Section 1031 like-kind exch
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MILL VALLEY, Calif.–(BUSINESS WIRE)–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 (\u201cFCPT\u201d or the \u201cCompany\u201d), is pleased to announce the disposition of a Red Lobster property for $5.1 million. The property is located in Pennsylvania and is corporate-operated under […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-851038","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nFCPT Announces Disposition of a Red Lobster Property for $5.1 Million - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/fcpt-announces-disposition-of-a-red-lobster-property-for-5-1-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FCPT Announces Disposition of a Red Lobster Property for $5.1 Million - BeBeez\" \/>\n<meta property=\"og:description\" content=\"MILL VALLEY, Calif.--(BUSINESS WIRE)--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 (\u201cFCPT\u201d or the \u201cCompany\u201d), is pleased to announce the disposition of a Red Lobster property for $5.1 million. 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