FCPT Announces Acquisition of Two Chili’s Properties from Washington Prime Group for $2.0 million

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the acquisition of two Chilis restaurant properties for $2.0 million from a previously announced Washington Prime Group transaction. The properties are both located in Indiana and are both leased to the brands corporate entity with an average lease term of approximately 4 years remaining. The Washington Prime portfolio was priced at a capitalization rate consistent with FCPTs investment thresholds and past transactions.

About FCPT

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease 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