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FCPT Announces Promotion of James Brat to Chief Operations Officer

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Four Corners Property Trust (FCPT), a real estate investment trust, has promoted James Brat to Chief Operations Officer. Mr. Brat has been with the company since November 2015, serving as General Counsel and later as Chief Transaction Officer. Under his tenure, FCPT has acquired 624 properties and expanded its workforce while investing significantly in operations at its Mill Valley headquarters. CEO Bill Lenehan acknowledged Brat's integral role in operational development and value creation for shareholders. The company continues to focus on acquiring net-leased restaurant and retail properties.

Positive
  • Promotion of James Brat strengthens leadership with extensive experience.
  • FCPT has successfully acquired 624 properties since inception.
Negative
  • None.

MILL VALLEY, Calif.--(BUSINESS WIRE)-- Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), announced today that it has promoted James Brat to serve as FCPT’s Chief Operations Officer. Mr. Brat joined FCPT at its inception in November 2015 as General Counsel and was promoted to Chief Transaction Officer in January 2020.

In Mr. Brat’s over seven years with the Company, FCPT has acquired 624 properties, grown its employee base, and invested significantly in its operations at its headquarters in Mill Valley. “As we have continued to grow, Jim has been integral to the development of our operations, legal, human resources, and property management teams all while overseeing our owned restaurant operations under Kerrow Holdings and assisting in capital raising,” said Bill Lenehan, CEO of FCPT. “Jim’s unique skill set encompasses operations, real estate transactions and legal judgment that makes him an important member of FCPT and critical to our effort to drive value for our shareholders.”

About FCPT

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. Additional information about FCPT can be found on the website at www.fcpt.com.

Four Corners Property Trust:

Bill Lenehan, 415-965-8031

CEO

Gerry Morgan, 415-965-8032

CFO

Source: Four Corners Property Trust

FAQ

Who was promoted to Chief Operations Officer at FCPT?

James Brat has been promoted to Chief Operations Officer at FCPT.

What significant role did James Brat play at FCPT?

James Brat has been integral in operations, legal, human resources, and property management at FCPT.

When did James Brat join FCPT?

James Brat joined FCPT in November 2015.

How many properties has FCPT acquired?

FCPT has acquired a total of 624 properties to date.

What are FCPT's primary operations?

FCPT primarily focuses on ownership and acquisition of net-leased restaurant and retail properties.

Four Corners Property Trust, Inc.

NYSE:FCPT

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2.67B
95.42M
1.32%
101.54%
3.26%
REIT - Retail
Real Estate Investment Trusts
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United States of America
MILL VALLEY