AGREE REALTY CORPORATION (NYSE:ADC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
On December 4, 2018, Leon Schurgin, a director of Agree Realty Corporation (the “Company”), notified the Company that he would retire from the Company’s Board of Directors (the “Board”), effective immediately. Mr. Schurgin has served as a director of the Company since March 2004, and his decision to retire was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
| Item 9.01. | Financial Statements and Exhibits. |
| Exhibit | Description |
| 99.1 | Press release, dated December 6, 2018. |
AGREE REALTY CORP ExhibitEX-99.1 2 tv508635_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 70 E. Long Lake Rd. Bloomfield Hills,…To view the full exhibit click here
About AGREE REALTY CORPORATION (NYSE:ADC)
Agree Realty Corporation (Agree Realty) is an integrated real estate investment trust (REIT) primarily focused on the ownership, acquisition, development and management of retail properties. The Company operates through Agree Limited Partnership (the Operating Partnership), of which it is the sole general partner and in which Agree Realty holds an approximately 98.3% interest. The Company’s portfolio consists of over 280 properties located in over 40 states and totaling approximately 5.2 million square feet of gross leasable area. Its portfolio includes over 275 net lease properties and over three community shopping centers. The Company’s primary tenant is Walgreens Boot Alliance, Inc. (Walgreens), which operates a chain of drugstores in the United States. The Company’s business objective is to generate consistent shareholder returns by investing in and actively managing a diversified portfolio of retail properties net leased to industry tenants.
