AGREE REALTY CORPORATION (NYSE:ADC) Files An 8-K Results of Operations and Financial Condition

AGREE REALTY CORPORATION (NYSE:ADC) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.

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On April 23, 2018, Agree Realty Corporation (the “Company”) issued a press release describing its results of operations for the first quarter ended March 31, 2018. The press release is furnished as Exhibit 99.1 to this report and is hereby incorporated by reference.

Item 9.01. Financial Statements and Exhibits.

EX-99.1 2 tv491695_ex99-1.htm EXHIBIT 99.1   Exhibit 99.1    Agree Realty Corporation Reports First Quarter 2018 Results   BLOOMFIELD HILLS,…
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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.

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