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Canada's largest public auto REIT makes first move into US

Automotive Properties ties up property in Central Florida, looks to Montreal for expansion in home country

Automotive Properties REIT has a deal to buy this Rivian dealership in Tampa, Florida. (CoStar)
Automotive Properties REIT has a deal to buy this Rivian dealership in Tampa, Florida. (CoStar)

Automotive Properties Real Estate Investment Trust, Canada's largest publicly traded car dealership REIT, is making its first move south of the border through the acquisition of a Rivian-occupied dealership property in Tampa, Florida.

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