Four Corners Property Trust has acquired two Hawaiian Bros locations from Stine Enterprises in a sale-leaseback deal worth USD 5.9 million. The arrangement allows Stine Enterprises to continue operating the restaurants while freeing up capital, reflecting a common strategy among commercial property investors. The transaction strengthens Four Corners' retail and restaurant property portfolio and provides a stable income stream under long-term lease agreements. This deal is part of a larger trend in the U.S. real estate market, where sale-leaseback agreements help operators grow businesses while providing predictable returns for investors.
Four Corners Property Trust Inc. has completed a sale-leaseback transaction for two Hawaiian Bros properties, acquiring them from Stine Enterprises for USD 5.9 million. The deal allows Stine Enterprises to continue operating the locations while unlocking capital through the sale, a common strategy in the real estate investment space to improve liquidity without disrupting operations.
This transaction aligns with Four Corners Property Trust's ongoing strategy of expanding its portfolio in retail and restaurant real estate. The company has previously engaged in similar sale-leaseback deals, which have helped it maintain steady rental income and diversify its holdings. Hawaiian Bros, a growing restaurant chain, benefits from this arrangement by continuing business operations under long-term lease agreements, ensuring operational stability and financial flexibility.
The deal reflects broader trends in the U.S. commercial real estate market, where sale-leaseback agreements have become increasingly popular among restaurant operators seeking capital for expansion while investors acquire stable, income-generating properties. Analysts note that such transactions provide predictable returns for trusts like Four Corners while supporting business growth for tenants.
Source Reuters
5th Jun, 2025
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