{"id":746838,"date":"2023-04-11T18:42:02","date_gmt":"2023-04-11T22:42:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-investment-in-a-coopers-hawk-restaurant-property-for-7-8-million\/"},"modified":"2023-04-11T18:42:02","modified_gmt":"2023-04-11T22:42:02","slug":"fcpt-announces-investment-in-a-coopers-hawk-restaurant-property-for-7-8-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-investment-in-a-coopers-hawk-restaurant-property-for-7-8-million\/","title":{"rendered":"FCPT Announces Investment in a Cooper\u2019s Hawk Restaurant Property for $7.8 million"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>FCPT Announces Investment in a Cooper\u2019s Hawk Restaurant Property for $7.8 million <\/b><\/p>\n<p>MILL VALLEY, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nFour 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 acquisition of a Cooper\u2019s Hawk restaurant property for a total investment of $7.8 million, including tenant improvement allowances. The property is located in a strong retail corridor in Illinois and is corporate-operated under a new long-term triple net lease. The transaction was priced at a cap rate in line with previous FCPT transactions.<\/p>\n<p><b>About FCPT<\/b><\/p>\n<p>\nFCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. Additional information about FCPT can be found on the website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.fcpt.com&amp;esheet=53379610&amp;newsitemid=20230411005897&amp;lan=en-US&amp;anchor=www.fcpt.com&amp;index=1&amp;md5=790c9dd6e041afbd046032d092fbd131\">www.fcpt.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230411005897r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230411005897\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230411005897\/en\/<\/a><\/span><\/p>\n<p>\nFour Corners Property Trust:<br \/>\n<br \/>Bill Lenehan, 415-965-8031<br \/>\n<br \/>CEO<\/p>\n<p>\nGerry Morgan, 415-965-8032<br \/>\n<br \/>CFO<\/p>\n<p><b>KEYWORDS:<\/b> California Illinois United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> REIT Restaurant\/Bar Retail Commercial Building &amp; Real Estate Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>FCPT Announces Investment in a Cooper\u2019s Hawk Restaurant Property for $7.8 million MILL VALLEY, Calif.&#8211;(BUSINESS WIRE)&#8211; 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 acquisition of a Cooper\u2019s Hawk restaurant property for a total investment of $7.8 million, including tenant improvement allowances. The property is located in a strong retail corridor in Illinois and is corporate-operated under a new long-term triple net lease. The transaction was priced at a cap rate in line with previous FCPT transactions. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-investment-in-a-coopers-hawk-restaurant-property-for-7-8-million\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;FCPT Announces Investment in a Cooper\u2019s Hawk Restaurant Property for $7.8 million&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-746838","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FCPT Announces Investment in a Cooper\u2019s Hawk Restaurant Property for $7.8 million - Market Newsdesk<\/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:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-investment-in-a-coopers-hawk-restaurant-property-for-7-8-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FCPT Announces Investment in a Cooper\u2019s Hawk Restaurant Property for $7.8 million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"FCPT Announces Investment in a Cooper\u2019s Hawk Restaurant Property for $7.8 million MILL VALLEY, Calif.&#8211;(BUSINESS WIRE)&#8211; 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 acquisition of a Cooper\u2019s Hawk restaurant property for a total investment of $7.8 million, including tenant improvement allowances. The property is located in a strong retail corridor in Illinois and is corporate-operated under a new long-term triple net lease. The transaction was priced at a cap rate in line with previous FCPT transactions. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the &hellip; Continue reading &quot;FCPT Announces Investment in a Cooper\u2019s Hawk Restaurant Property for $7.8 million&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/fcpt-announces-investment-in-a-coopers-hawk-restaurant-property-for-7-8-million\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-11T22:42:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230411005897r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-investment-in-a-coopers-hawk-restaurant-property-for-7-8-million\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-investment-in-a-coopers-hawk-restaurant-property-for-7-8-million\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"FCPT Announces Investment in a Cooper\u2019s Hawk Restaurant Property for $7.8 million\",\"datePublished\":\"2023-04-11T22:42:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-investment-in-a-coopers-hawk-restaurant-property-for-7-8-million\\\/\"},\"wordCount\":234,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-investment-in-a-coopers-hawk-restaurant-property-for-7-8-million\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230411005897r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-investment-in-a-coopers-hawk-restaurant-property-for-7-8-million\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fcpt-announces-investment-in-a-coopers-hawk-restaurant-property-for-7-8-million\\\/\",\"name\":\"FCPT Announces Investment in a Cooper\u2019s Hawk Restaurant Property for $7.8 million - 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