Agree CEO Says Interest Rates a Major Variable in 2017

Joey Agree, president and CEO of Agree Realty Corp. (NYSE: ADC), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT at the JW Marriott Phoenix Desert Ridge.

Agree Realty focuses on the acquisition and development of properties that are net leased to retail tenants. The company currently owns and operates a portfolio of 341 properties, located in 43 states. The company seeks external growth by acquiring assets, developing properties and joint ventures.

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Timber REITs Weyerhaeuser, Plum Creek Agree to Merge

Timber REITs Weyerhaeuser (NYSE:  WY) and Plum Creek (NYSE: PCL) said Nov. 8 that they have agreed to merge, creating a combined company with a current market value of $ 23 billion.

The new company will retain the Weyerhaeuser name and ticker symbol.  It will be the largest private owner of timberland in the United States, the companies said, with assets of more than 13 million acres. The companies also said they expect to realize annual cost synergies of $ 100 million.

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Net Lease REIT Agree Realty on Track to Boost Acquisition Volume in 2015

Joey Agree, president and CEO of Agree Realty Corp. (NYSE: ADC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2015: NAREIT’s Investor Forum, held in New York.

Agree Realty REIT focuses on the development and acquisition of net lease retail properties throughout the United States.

During the six months to June 30, the company acquired 44 net lease properties for about $ 123 million. The properties are leased to 27 retail tenants operating across 17sectors, and are located in 18 states.

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CEO Says Acquisition Platform Transformed Agree Realty

Joey Agree, president and CEO of Agree Realty Corp. (NYSE: ADC), joined REIT.com for a CEO Spotlight video interview during REITWeek 2014: NAREIT’s Investor Forum, held in New York.

Agree Realty is celebrating the 20th anniversary of its listing on the New York Stock Exchange in 1994. The anniversary represents more than just an “important corporate milestone,” according to the company’s CEO.

“It demonstrates the core competencies of the people and the core values that we have as an organization,” Agree said.

Joey Agree

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Agree Realty Appealing to Web-Resistant Retail Tenants

Twenty years after its initial public offering (IPO), Agree Realty Corp. (NYSE: ADC) is concentrating on deploying capital into the net lease industry across a range of Web-resistant retail sectors.

The REIT has assets in 34 states, and it is actively acquiring and developing more across the country. Agree Realty’s current roster of net lease tenants includes CVS, Rite Aid, Walgreens, Wawa, Kmart, Kohl’s, McDonald’s and Applebee’s.

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