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Stock Market & Financial Investment News

News Breaks
June 11, 2014
16:02 EDTADCAgree Realty recently closed two acquisitions for $12.5M
Agree Realty announced that it has recently closed on two acquisitions with an aggregate purchase price of approximately $12.5M, including an Academy Sports + Outdoors in McKinney, Texas and a Michaels store in Wausau, Wisconsin.
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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