Four Corners Property Trust acquired five Oak Street properties for $24.3 million.
Four Corners Property Trust, headquartered in Mill Valley, California, 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.
According to data captured in the LevinPro HC database, this transaction represents the 109th medical office building acquisition of 2023. This acquisition also marks’ Four Corners Property Trust’s 11th transaction of the year, expanding its portfolio by 16 facilities.
