Four Corners Property Trust Acquires Five Oak Street Health Retail Properties In Illinois & Indiana For $24.3M

Four Corners Property Trust has acquired five Oak Street Health properties in Illinois and Indiana for $24.3 million. The properties are situated in strong retail areas and operated by Oak Street Health under net leases.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $24,300,000
• Buyer: Four Corners Property Trust - William Lenehan
• Date: 06/21/2023
• Address: Five Oak Street Health Properties
• Market: Illinois & Indiana

Four Corners Property Trust, represented by William Lenehan, successfully acquired the five Oak Street Health properties. This transaction highlights the trust's commitment to investing in high-quality retail assets in Illinois and Indiana. The properties, which are under net leases operated by Oak Street Health, are strategically located in strong retail areas, ensuring a stable and promising investment for Four Corners Property Trust.