Latest Posts Under: New Mexico

Four Corners Property Trust acquires Taco Bell restaurant property

Four Corners Property Trust (FCPT) has acquired a Taco Bell restaurant property in New Mexico for $396,000 dollars from Brookfield Properties. The Taco Bell restaurant property is an outparcel to a mall owned by Brookfield Properties. The property is occupied under a triple-net lease with about 5.5 years of term remaining. The store is operated […]

Space tourism operator Virgin Galactic wraps up $450m merger with SCH

US aerospace company Virgin Galactic (VG), which is embarking on making human spaceflight possible for private individuals and researchers, has completed its previously announced $450 million merger deal with public investment vehicle Social Capital Hedosophia (SCH). The resulting space tourism operator following the merger has been named Virgin Galactic Holdings. The aerospace company manufactures its space […]

Concho Resources to sell New Mexico Shelf assets for $925m, eyes $1.5b stock buyback

Concho Resources, a US shale producer focused on the Permian Basin of West Texas and New Mexico, has agreed to divest its assets in the New Mexico Shelf to an affiliate of Spur Energy Partners for $925 million, as per the latest oil and gas industry news. The sale includes around 100,000 gross acres and […]

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