Four Corners Property Trust, Inc. acquired Four restaurant properties in Alabama, Indiana, New York, Tennessee from US Restaurant Properties Master LP for $5.8 million.

Four Corners Property Trust, Inc. (NYSE:FCPT) acquired Four restaurant properties in Alabama, Indiana, New York, Tennessee from US Restaurant Properties Master LP for $5.8 million on January 12, 2017. As a part of consideration, FCPT issued 0.174 million Operating Partnership units at $20.13 per unit and $2.3 million in cash. Four Corners Property Trust, Inc. (NYSE:FCPT) completed the acquisition of Four restaurant properties in Alabama, Indiana, New York, Tennessee from US Restaurant Properties Master LP on January 12, 2017.