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Four Corners buys 14 Sun Auto Tire properties for $26M

Created at 5 Jun · 9:32 PM1 source
IN SHORT

Four Corners has acquired 14 properties from Sun Auto Tire & Service for $26 million, expanding its presence in the automotive repair sector.

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Key Numbers

14properties acquired
$26 millionacquisition value

Who's Involved

Four Corners
acquirer of automotive repair properties
Sun Auto Tire & Service
seller of 14 properties

↳ Why This Matters

This acquisition represents a strategic expansion for Four Corners into the automotive repair sector, increasing its real estate holdings in specialized commercial properties.

Key facts

  • Four Corners acquired 14 properties from Sun Auto Tire & Service.
  • The total value of the acquisition was $26 million.

Four Corners has completed the acquisition of 14 properties belonging to Sun Auto Tire & Service for a total of $26 million. This strategic move allows Four Corners to further establish and expand its presence within the automotive repair industry. The acquisition signifies a growth in Four Corners' real estate holdings focused on specialized commercial sectors.

Frequently asked questions

Four Corners acquired the properties.

Fourteen properties were acquired.

The total cost of the acquisition was $26 million.

The acquisition relates to the automotive repair sector.

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Cadence

How It Developed

5 Jun · 9:00 PM
Four Corners acquired 14 Sun Auto Tire & Service properties for $26 million, expanding its automotive repair portfolio.
Seeking Alpha via PiQSuite

Sources

T1
Four Corners acquires 14 Sun Auto Tire & Service properties for $26Mm.piqsuite.com

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