Acadia Realty Trust Company Description
The magical creatures within this Acadia frolic in movie theaters, grocery stores, and toy stores rather than woodlands, lakes, or mountains. A self-managed real estate investment trust (REIT), Acadia Realty acquires, redevelops, and manages commercial retail properties primarily in the Northeast, Mid-Atlantic, and Midwest. The REIT specializes in urban area shopping and mixed-use centers; it owns some 75 properties comprising 8 million sq. ft., mostly grocery store- and big box-anchored shopping centers. It also has private equity investments in other retail real estate. The company's largest tenants include Albertsons, Sears, and T.J. Maxx.
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The Company Description provides a historical perspective of Acadia Realty Trust's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Acadia Realty Trust's evolution in the marketplace.
