Publicly-listed Automotive Properties Real Estate Investment Trust of Canada recently completed the previously-announced acquisition of the Brimell Toyota automotive dealership property in Scarborough, Ontario for a purchase price of approximately C$26.0 million, Automotive REIT said in a press release. Drive Autogroup acquired the Brimell Toyota dealership operating business and has now entered into a 15-year, triple-net lease with the REIT
Canada’s Automotive REIT completes acquisition of Toyota dealership real estate in Ontario
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