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Stock Market & Financial Investment News

News Breaks
January 3, 2013
08:02 EDTADCAgree Realty acquires building on University of Michigan campus for $5.8M
Agree Realty announced that it has acquired 317 South State Street for redevelopment. The 18,000 square foot building is located directly across from the Diag on the central campus of the University of Michigan. The purchase price was $5.8M.
News For ADC From The Last 14 Days
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July 27, 2015
16:04 EDTADCAgree Realty reports Q2 FFO 62c, consensus 60c
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July 21, 2015
16:20 EDTADCSeritage Growth Properties hires Brian Dickman as CFO
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16:19 EDTADCAgree Realty announces development, JV projects
Agree Realty announced that it recently closed on a parcel of land located in Salem, Oregon through its Joint Venture Capital Solutions program with Real Estate Affiliates. Cash & Carry Smart Foodservice has executed a 15-year net lease to occupy the 23,500 square foot store upon completion. The total project cost is approximately $5.8M. Rent is anticipated to commence during the first quarter of 2016. The Company will own a 100% interest in the project. Additionally, construction has also commenced on the development of a Hobby Lobby store in Springfield, Ohio. Hobby Lobby has executed a 15-year net lease to occupy the premises. The project has anticipated total costs of approximately $5.0M and is expected to be complete by the end of Q2 of 2016.

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