Four Corners Property Trust Acquires Riverview Health Properties in Indiana, MercyOne Property in Iowa

MT Newswires Live
20 Dec 2024

Four Corners Property Trust (FCPT) said Thursday it acquired two Riverview Health outpatients primary care properties in Indiana for $13.5 million through sale leaseback from Hamilton County.

The properties are under long-term, triple net leases with a weighted average term of 12 years remaining.

Separately, the company also said it has acquired a MercyOne outpatient clinic property in Iowa for $2.8 million.

The property is under a triple net lease with about five years of term remaining.

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