Content about Agree Realty Corp.

January 10, 2013

Agree Realty Corp. said it acquired a portfolio of four Applebee's restaurants, as well as an Advance Auto Parts in late December 2012 for about $10 million.

Farmington Hills, Mich. -- Agree Realty Corp. said Thursday it acquired a portfolio of four Applebee's restaurants, as well as an Advance Auto Parts in late December 2012 for about $10 million.

These latest acquisitions bring Agree’s 2012 total purchase activity to approximately $81.5 million.

The recently acquired Applebee's assets are located in Harlingen, Texas, and Wichita Falls, Texas, as well as two properties in Pensacola, Fla. The Advance Auto Parts is located on an outlot to a Walmart Supercenter in Lebanon, Va.

September 27, 2012

Agree Realty Corp. said it has executed two leases and completed a disposition of the company's remaining assets that were formerly leased to Borders.

Farmington Hills, Mich. -- Agree Realty Corp. said it has executed two leases and completed a disposition of the company's remaining assets that were formerly leased to Borders.
 
The company has executed a lease with HomeGoods for the building formerly occupied by Borders in Monroeville, Pa. HomeGoods, a TJX Cos. banner, will occupy the space effective third quarter of 2013.

May 7, 2012

Agree Realty Corp. announced it has been named a Florida development partner for Wawa, which operates more than 590 convenience stores in Pennsylvania, New Jersey, Delaware, Maryland and Virginia.

Armington Hills, Mich. -- Agree Realty Corp. announced it has been named a Florida development partner for Wawa, which operates more than 590 convenience stores in Pennsylvania, New Jersey, Delaware, Maryland and Virginia.

“We are extremely pleased and tremendously excited to partner with Wawa on their expansion into Florida. Their pioneering approach to the convenience store and fuel station experience will offer Floridians additional choices and varieties that they have never had,” said Joey Agree, president and COO.