Capital Automotive REIT Invites You to Join Its Virtual Real Estate Summit Webcast

    McLEAN, Va., March 1 Capital Automotive REIT
invites you to listen to its Webcast that will be broadcast
live over the Internet on Tuesday, March 6, 2001 at 11:30 am ET with Thomas
Eckert, President & CEO of Capital Automotive REIT.

     What:          Capital Automotive REIT Webcast

     When:          Tuesday, March 6, 2001 at 11:30 am ET

     Where:         http://www.videonewswire.com/CARS/030601/

     How:           Live over the Internet -- Simply log on to the web at the
                    address above

     Contact:       Margie Baigh of The Financial Relations Board,
                    312-640-6690, mbaigh@bsmg.com

    Capital Automotive, headquartered in McLean, Virginia, is a
self-administered, self-managed real estate investment trust formed to acquire
the real property and improvements used by operators of multi-site,
multi-franchised automotive dealerships and related businesses.  Additional
information on Capital Automotive is available on the Company's web site at
http://www.capitalautomotive.com .

    If you are unable to participate during the live Webcast, the call will be
archived on these sites for 90 days.

    (Minimum Requirements to listen to broadcast: The RealPlayer software,
downloadable free from http://www.real.com/products/player/index.html, and at least a
14.4Kbps connection to the Internet.  If you experience problems listening to
the broadcast, send an email to webmaster@vdat.com.)