ADC 📈 Agree Realty - Overview

Agree Realty Corporation, a Maryland-based entity, operates as a fully integrated real estate investment trust, or REIT, with a primary focus on the acquisition, development, ownership, and management of retail properties that are net leased to prominent tenants across various industries. The company's portfolio is diversified, comprising a range of retail assets, including single-tenant properties, shopping centers, and other commercial buildings, all of which are strategically leased to industry-leading tenants on a long-term basis.

Founded in 1971 by its current Executive Chairman, Richard Agree, the company has a long history of growth and expansion, with its common stock being listed on the New York Stock Exchange in 1994. This listing has provided the company with access to a broader investor base and enhanced liquidity, enabling it to pursue larger and more complex transactions. As of the latest reporting period, the company's portfolio consisted of 2,161 properties, spanning approximately 44.9 million square feet of gross leasable area, a significant increase from its earlier holdings, reflecting its successful execution of its growth strategy.

With a strong focus on creating value for its shareholders, Agree Realty Corporation has established itself as a prominent player in the retail REIT sector, with a proven track record of identifying and capitalizing on attractive investment opportunities. The company's common stock is traded on the New York Stock Exchange under the ticker symbol ADC, and its web presence can be found at https://www.agreerealty.com, providing investors with easy access to its financial reports, corporate governance information, and other relevant details. The company's ISIN, US0084921008, and GICS Sub Industry classification as a Retail REIT, further facilitate its identification and analysis by investors and researchers alike.