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Canadian REIT Makes First Texas Purchase, Joining Other Sun Belt-Focused Investors

Exclusive: Adventus Realty Trust Seen Paying Nearly $99 Million for 1980s Office Building
The 18-story office building sits at the highest elevated parcel of land in Irving, Texas, a Dallas suburb. (CoStar)
The 18-story office building sits at the highest elevated parcel of land in Irving, Texas, a Dallas suburb. (CoStar)
CoStar News
February 25, 2020 | 11:24 P.M.

Adventus Realty Services Inc., a Canada-based real estate investment trust, is making its first acquisition in Texas, becoming the latest property investor to try to capitalize on the increasing job growth across America's Sun Belt.

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News | Canadian REIT Makes First Texas Purchase, Joining Other Sun Belt-Focused Investors