Four Corners Property Trust, a REIT primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties, has signed a definitive agreement to acquire up to 102 Mission Pet Health veterinary properties for a purchase price of up to $268 million from Shore Capital Real Estate Partners Fund I.
Mission Pet Health is one of the leading veterinary operators in the United States, with more than 930 locations as of May 2026. A portfolio company of Shore Capital Partners, MPH provides veterinary services nationwide and may provide the option for independent practices to sell their property when joining the platform. MPH will continue to serve as the long-term tenant across the acquired portfolio.
The transaction is expected to close in early third quarter 2026, subject to the completion of due diligence and the satisfaction of customary closing conditions. The properties are largely under two triple-net master leases, one with 55 prop
