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News Breaks | | | | January 15, 2013 | | 09:03 EDT |  | ADC | Agree Realty Corporation 1.5M share Spot Secondary priced at $27.25
The deal size was increased to 1.5M shares from 1.3M shares. Raymond James acted as sole book running manager for the offering. | |
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News For ADC From The Last 14 Days Check below for free stories on ADC the last two weeks. |
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| May 16, 2013 | | 16:06 EDT |  | ADC | Agree Realty announces Joint Venture
Agree Realty announced that it closed on a 4.2 acre parcel of land in conjunction with Real Estate Affiliates as part of its Joint Venture Capital Solutions program. The joint venture will be developing a single tenant Hobby Lobby store in Grand Forks, North Dakota. Hobby Lobby has executed a 15 year lease to occupy 55,000 square feet. Agree provided the necessary capital and will be the sole owner of the property upon project completion. | | | May 15, 2013 | | 16:06 EDT | | ADC | Agree Realty acquires two single tenant assets for approximately $5.4M
Agree Realty announced that it has acquired two single tenant assets leased to Petsmart and Starbucks. Petsmart occupies 20,353 square feet on Disk Road in Rapid City, South Dakota, adjacent to Kohl's. Starbucks occupies 1,562 square feet in Manchester, Connecticut. The aggregate purchase price of the acquisitions was approximately $5.4M. | |
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