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Four Corners Property Trust Acquires Bloomin’ Brands Restaurant Properties

08/29/2024

Four Corners Property Trust has announced that it will acquire ten Outback Steak House units and ten Carrabba’s Italian Grill restaurants spread among ten states for a purchase price of $66.5 million.  Four Corners Property Trust includes Darden and Brinker restaurants in their portfolio with Bloomin’ Brands now the third largest public-quoted participant.