FCPT Acquires BJ's Restaurant and LongHorn Steakhouse Properties from Brookfield for $4.8 Million

Reuters

07-26

FCPT Acquires BJ's Restaurant and LongHorn Steakhouse Properties from <a href="https://laohu8.com/S/BN">Brookfield</a> for $4.8 Million

Four Corners Property Trust Inc. (FCPT), a real estate investment trust specializing in high-quality, net-leased restaurant properties, has announced the acquisition of two new properties. The company has purchased a BJ's Restaurant and Brewhouse and a LongHorn Steakhouse from Brookfield Properties for $4.8 million. Located in a robust retail corridor in Pennsylvania, these properties are corporate-operated under triple net leases with a combined lease term of eight years. The acquisition aligns with FCPT's strategy, being priced at a capitalization rate consistent with its previous 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: 20250725310737) on July 25, 2025, and is solely responsible for the information contained therein.

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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. 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(FCPT), a real estate investment trust specializing in high-quality, net-leased restaurant properties, has announced the acquisition of two new properties. The company has purchased a BJ's Restaurant and Brewhouse and a LongHorn Steakhouse from Brookfield Properties for $4.8 million. Located in a robust retail corridor in Pennsylvania, these properties are corporate-operated under triple net leases with a combined lease term of eight years. The acquisition aligns with FCPT's strategy, being priced at a capitalization rate consistent with its previous transactions.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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: 20250725310737) on July 25, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B3S45H60.SGD","symbol_name":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250725:nNDL4dlP2v:1","article_id":"2554921417","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2554921417","pubTimestamp":1753478652,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Four Corners Property Trust Inc. , a real estate investment trust specializing in high-quality, net-leased restaurant properties, has announced the acquisition of two new properties. 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(FCPT), a real estate investment trust specializing in high-quality, net-leased restaurant properties, has announced the acquisition of two new properties. The company has purchased a BJ's Restaurant and Brewhouse and a LongHorn Steakhouse from Brookfield Properties for $4.8 million. Located in a robust retail corridor in Pennsylvania, these properties are corporate-operated under triple net leases with a combined lease term of eight years. The acquisition aligns with FCPT's strategy, being priced at a capitalization rate consistent with its previous transactions.\n      \n\nDisclaimer: 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. 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