An unknown buyer acquired Red Lobster property in Kentucky from Four Corners Property Trust, Inc. for $3.8 million.

An unknown buyer acquired Red Lobster property in Kentucky from Four Corners Property Trust, Inc. (NYSE:FCPT) for $3.8 million on October 2, 2023. Four Corners Property Trust plans to repurpose the proceeds into new investment opportunities consistent with FCPT thresholds.

An unknown buyer completed the acquisition of Red Lobster property in Kentucky from Four Corners Property Trust, Inc. (NYSE:FCPT) on October 2, 2023.