January 11, 2010 -
Shopping Centers
Acadia Realty Trust is a fully integrated, self-managed and self-administered equity REIT focused primarily on the ownership, acquisition, redevelopment and management of retail properties, including neighborhood/community shopping centers and mixed-use properties with retail components. Acadia currently operates 75 properties, which they own or have an ownership interest in. These assets are located primarily in the Northeast, Mid-Atlantic and Midwestern regions of the U.S. and, in total, comprise approximately 10 million s/f.
Acadia is well-positioned to take advantage of profitable opportunities for growth. Its strengths include an experienced management team with a proven track record, a portfolio of high-quality retail properties, and the financial stability and resources to enhance existing assets while selectively making new investments.