Agree Realty Corp
NYSE:ADC

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Agree Realty Corp
NYSE:ADC
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Price: 70.45 USD Market Closed
Market Cap: 7.3B USD
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Agree Realty Corp
Investor Relations

In the realm of real estate investment trusts (REITs), Agree Realty Corporation has carved a niche for itself by specializing in retail properties. Founded in 1971, the company has grown its portfolio to include predominantly free-standing, net-leased properties across the United States. Unlike many traditional landlords, Agree Realty's business model revolves around the net lease structure, where tenants are responsible for most, if not all, property-related expenses such as maintenance, insurance, and taxes. This model not only mitigates risk but also provides a predictable stream of income, since tenants are mainly high-quality, creditworthy retailers that agree to long-term leases. This strategic positioning allows Agree Realty to limit its exposure to the volatility often seen in retail and focus on generating stable revenue streams.

Agree Realty’s business agility is reflected in its tenant base and proactive acquisition strategy. The majority of its properties are leased to national tenants with a focus on recognized leaders in various retail sectors, including grocery, drugstores, and dollar stores—industries known for their resilience against economic downturns and e-commerce pressures. By concentrating on properties with essential retail tenants, Agree Realty captures a reliable cash flow and higher occupancy rates. Furthermore, the company continuously expands its portfolio through strategic acquisitions, which are meticulously selected based on rigorous market analyses and financial merit, ensuring these properties align with their long-term growth objectives. Through this model, Agree Realty not only fortifies its income stability but also retains the flexibility to adapt its portfolio in response to evolving market trends.

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Management

Mr. Richard A. Agree
Executive Chairman of the Board
No Bio Available
Mr. Joel N. Agree J.D.
President, CEO & Director
No Bio Available
Mr. Peter Coughenour
CFO, Secretary & Investor Relations Professional
No Bio Available
Ms. Nicole Witteveen
Chief Operating Officer
No Bio Available
Ms. Danielle M. Spehar J.D.
General Counsel
No Bio Available
Mr. Craig Erlich
Chief Growth Officer
No Bio Available
Mr. Stephen Breslin
Chief Accounting Officer
No Bio Available
Mr. Reuben Goldman Treatman CPA
Senior Director of Corporate Finance
No Bio Available
Mr. Larry Kaufman
Chief Information Officer & VP of Continuous Improvement
No Bio Available
Mr. Josh Bratton
Director of Development
No Bio Available

Contacts

Address
MICHIGAN
Bloomfield Hills
70 E. Long Lake Road
Contacts
+18107374190.0
www.agreerealty.com