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Acquiring Company
Four Corners Property Trust
Acquired Company
Novant Health
Description
Four Corners Property Trust has announced its acquisition of five Novant Health Urgent Care properties for $11.7 million. These properties are strategically located in strong retail corridors across South Carolina. The urgent care centers will operate under net leases, ensuring a steady revenue stream. This acquisition aligns with FCPT's strategy of expanding its portfolio of high-quality properties.