FCPT Announces Acquisition of a Baptist Medical Group Primary Care Property for $9.7 Million

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Baptist Medical Group primary care property for $9.7 million. Baptist Medical Group’s parent company, Baptist Memorial Health Care, was founded in 1912 and is one of the largest not-for-profit healthcare systems in the ...