AGREE REALTY CORPORATION (NYSE:ADC) Files An 8-K Results of Operations and Financial Condition
Item 2.02.
|
Results of Operations and Financial Condition. |
On February 23, 2017, Agree Realty Corporation issued a press
release describing its results of operations for the fourth
quarter and full year ended December 31, 2016. 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. |
(d) Exhibits
| Exhibit | Description | |
| 99.1 |
Press release, dated February 23, 2017, reporting the Company’s results of operations for the fourth quarter ended December 31, 2016. |
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. AGREE REALTY CORPORATION (NYSE:ADC) Recent Trading Information
AGREE REALTY CORPORATION (NYSE:ADC) closed its last trading session down -0.28 at 49.80 with 233,988 shares trading hands.
