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0.000551646357908213 0.00194302106063211 -0.000563905165861716 -0.000104199867604919 -0.00064971682153624 0.000790693113001669 -0.00261419079608691 -0.00435187682349763
Stock impact report

Four Corners Expands Portfolio With Multiple Property Acquisitions [Yahoo! Finance]

United Rentals, Inc. (URI) 
Last united rentals, inc. earnings: 4/29 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Priced at a 6.8% cap rate on rent as of the closing date and excluding the transaction costs, the property is corporate-operated under long-term triple net leases with approximately nine years of term remaining. The move underscores the company's efforts to expand and diversify its portfolio. In other news, FCPT acquired a United Rentals property and a Buffalo Wild Wings property in highly trafficked corridors in Alabama and Kentucky, respectively, for $5.4 million. The property is corporate-operated under long-term, net leases with a weighted average of nine years of term remaining. The transaction was priced at a 6.9% cap rate on rent as of the closing date and exclusive of transaction costs. The company also announced the acquisition of a Sprouts Farmers Market property for $8.6 million. The property is located in a strong retail corridor in Tennessee. Priced at a cap rate in line with the previous transactions, the property is corporate-operated under a long-term net lease. Show less Read more
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