Acadia Realty Trust
Acadia Realty acquires, redevelops, and manages retail properties in the Northeast, Mid-Atlantic, and Midwest. The self-managed real estate investment trust (REIT) specializes in community shopping centers and mixed-use properties in urban areas. It owns 90 properties -- mostly shopping centers anchored by a grocery store, drug store, or big box store -- sporting more than 5.5 million sq. ft. of leasable space. The REIT's largest tenants include SUPERVALU, Best Buy, Stop & Shop, Target, and LA Fitness. Acadia Realty owns joint venture interests in another 60 similar properties with investments in self-storage units, mortgage loans, and other real estate investments.
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