Four Corners Property Trust (FCPT) announced the acquisition of Miller's Ale House property for $3.8 million. The company stated that the transaction was priced at a 7.2% cap rate on rent as of the closing date and exclusive of transaction costs.
The property is located in Georgia and is corporate-operated under a long term, net lease with approximately 11 years of term remaining.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.