Agree Realty Corporation
-
Website
-
Code
ADC
-
Address
70 E Long Lake Rd
-
Industries
-
Competitors
Shopping sprees really agree with Agree Realty. The self-managed real estate investment trust (REIT) owns, develops, and manages retail real estate, primarily freestanding big-box properties. It owns around 280 retail properties spanning 5.5 million square feet of leasable space across 40-plus states. Most of its tenants are national retailers, with its largest tenants being Wal-Mart, Wawa, and Walgreens. The REIT typically acquires either property portfolios or single-asset, net lease retail properties (worth between $2 million and $30 million per asset) with creditworthy tenants. It was founded in 1979 by CEO Richard Agree.