Monday, July 30, 2012

Agree Realty Announces Goodyear Acquisition in Fort Mill, SC




FARMINGTON HILLS, MI /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) announced it has acquired an auto service store in Fort Mill, South Carolina leased to Goodyear Tire & Rubber Company.

  The store is an outlot to a Harris Teeter anchored shopping center located at South Carolina Highway 160 and State Highway 22.  The cost of the acquisition was approximately $2,400,000.


"We are extremely pleased to add this Goodyear Tire store to our expanding portfolio," said Joey Agree (lower right photo), President and Chief Operating Officer.  "This acquisition complements our existing automotive service assets and continues our diversification strategy among industry leading net lease retailers."

For a complete copy of the company’s news release, please contact:

 Alan Maximiuk,
Chief Financial Officer,
+1-248-737-4190

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