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Automotive Properties REIT Completes Acquisition of Tesla Collision Center Property in Columbus, Ohio for a Purchase Price of US$17.8 Million

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TORONTO, March 12, 2025 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: APR.UN) ("Automotive Properties REIT" or the "REIT") announced today the completion of its previously announced acquisition of a Tesla-tenanted collision center property (the "Property") in Dublin, Ohio, a suburb of Columbus, from a third party for a purchase price of approximately US$17.8 million.

The Property consists of an approximately 94,000 square-foot Tesla collision service center facility that is situated on 6.32 acres of ...

Automotive Properties REIT Reports 2024 Fourth Quarter and Year-End Results

TORONTO, March 5, 2025 /CNW/ - Automotive Properties Real Estate Investment Trust (TSX: APR.UN) ("Automotive Properties REIT" or the "REIT") today announced its financial results for the fourth quarter ("Q4 2024") and year ended December 31, 2024 ("2024").

"Following the completion of our sale of the Kennedy Lands, we had an active fourth quarter and start to 2025 on the acquisition front," said Milton Lamb, CEO of Automotive Properties REIT. "During Q4, we acquired two heavy construction equipment dealerships in the Greater Montreal Area and entered into an agreement to ...

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