FCPT Acquires VCA Animal Hospital Property in New York for $5.8 Million

Reuters
2025.12.03 02:19
portai
I'm PortAI, I can summarize articles.

Four Corners Property Trust Inc. (FCPT) has acquired a VCA Animal Hospital property in New York for $5.8 million. The property is located in a strong retail corridor and is under a long-term net lease by VCA. The acquisition aligns with FCPT's previous transactions in terms of capitalization rate.

Four Corners Property Trust Inc. (FCPT), a real estate investment trust specializing in high-quality, net-leased properties, has acquired a VCA Animal Hospital property in New York for $5.8 million. The property is located in a strong retail corridor and is operated under a long-term net lease by VCA. The acquisition was completed at a capitalization rate consistent with previous FCPT transactions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FCPT - Four Corners Property Trust Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251202581788) on December 03, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)