Shore Capital Partners Announces Sale of Shore Capital Real Estate Partners Fund I Portfolio to Four Corners Property Trust

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Transaction marks successful realization of Shore's inaugural real estate fund and demonstrates value of integrated real estate strategy CHICAGO, July 17, 2026 --( BUSINESS WIRE )--Shore Capital Partners ("Shore" or "Shore Capital"), a Chicago-based private equity firm with offices in Nashville, today announced the sale of the real estate portfolio held by Shore Capital Real Estate Partners Fund I to Four Corners Property Trust (NYSE: FCPT). The portfolio includes 102 Mission Pet Health ("MPH") veterinary properties for a purchase price of approximately $268 million. Veterinary operations are not part of the transaction, and MPH, one of the nation's largest veterinary operators with more than 930 locations, will continue operating at each location as the long-term tenant under net leases. The transaction marks the successful realization of Shore's inaugural real estate fund and demonstrates the firm's execution of an integrated real estate strategy within its broader buy-and-build investment model. Since launching the platform in 2021, Shore has deployed flexible real estate capital to support portfolio company growth while creating institutional-quality real estate investment opportunities. Through sale-leaseback transactions, build-to-suit developments, acquisition financing, and other real estate solutions, Shore enables portfolio companies to unlock capital for growth initiatives while continuing to operate in mission-critical locations under long-term net leases. Through directly integrating solutions with MPH, as independent veterinary practices join the company, founders may have the option to monetize their real estate with MPH continuing as the long-term tenant. "Our strategy was built to solve real estate challenges for growing businesses while creating attractive long-term opportunities for our investors," said Steve Malley, Shore Partner and Head of Real Estate. "Mission Pet Health is a strong example of that approach. By providing flexible real estate capital alongside Shore's operational investment model, we supported the company's acquisition strategy and continued expansion while building a high-quality portfolio of mission-critical veterinary facilities. We're pleased to transition these assets to Four Corners Property Trust, whose long-term ownership model makes them an excellent steward of the portfolio." Shore Capital Real Estate Partners Fund I focused on veterinary real estate. Fund II has a broader mandate to invest across Shore's Healthcare, Food & Beverage, Business Services, and Industrial portfolio companies, while also pursuing select opportunities with non-Shore businesses. This broader mandate extends Shore's ability to offer flexible real estate solutions across a wider range of opportunities.

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