Thursday, June 16, 2011

Agree Realty Announces Acquisition of Advance Auto Parts



 FARMINGTON HILLS, MI,  /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) announced it has acquired a retail property net leased to Advance Auto Parts in Marietta, Georgia.  The cost of the acquisition was approximately $1,335,000.  The store opened for business in April 2011.  The base term of the lease is 15 years.

"We are pleased to add Advance Auto Parts to our portfolio of net leased assets," said Joey Agree (lower right photo), President and Chief Operating Officer of Agree Realty Corporation. "This acquisition continues to diversify our holdings and adds another national retailer to our growing net lease portfolio."
  
Agree Realty is engaged in the ownership, management and development of properties which are primarily single tenant properties leased to major retail tenants and neighborhood community shopping centers.  Agree Realty owns and operates a portfolio of 81 properties, located in 17 states and containing 3.5 million square feet of leasable space.

 For additional information, visit the Company's home page on the Internet at http://www.agreerealty.com
 .
Contact:  Alan Maximiuk, Chief Financial Officer, +1-248-737-4190



-------


4 comments:

Jeff Hardy said...

Free companies directory for list your automobile parts business into export import directory.

Sunny Leone said...

outsourcingall.com Most Poplar Free Porn Training Center largest Amateur porn training institute with the hottest selection Online and offline real life porn cam.

manojpackers said...

If you need best packers and movers services in Delhi NCR.so come towards-
Delhi packers and movers
packers and movers in Delhi
packers movers delhi
home packers and movers in delhi

Anonymous said...

outsourcingall.com "Usually I never comment on blogs but your article is so convincing that I never stop myself to say something about it.
This paragraph gives clear idea for the new viewers of blogging, Thanks you. You’re doing a great job Man, Keep it up.
Seo training in dhaka