Acadia Realty Trust actively pursues
opportunities to fuel its external growth
through the acquisition, ownership and
redevelopment of retail properties (including
neighborhood and community shopping centers),
retailer-controlled properties and urban/infill
mixed-use properties with a strong retail
component.
We have a national scope and target both single
property and portfolio transactions in markets
generally characterized by high
barriers-to-entry, dense populations and a
constrained retail supply. We pursue a dual
investment strategy, focusing on both
opportunistic/value-add and core/stabilized
asset acquisitions. In particular, properties
requiring redevelopment and/or re-tenanting are
a strategic fit, taking advantage of our
in-house leasing, construction, legal and
management skills. In recent years, we have also
successfully restructured debt and partnership
positions, including assets that were subject to
bankruptcy foreclosure.
Today, our footprint primarily extends along the
East Coast, from Boston to Washington D.C., and
westward through Chicago. Within these markets,
we generally, but not exclusively, focus on
assets anchored by necessity retailers (such as
supermarkets and drugstores) and
discount/value-oriented retailers.
Due to the structure of our investment platform
and our credit lines, we are able to act on new
opportunities quickly and may close a
transaction all cash, as necessary. Deals are
structured with consideration to the needs of
the seller, including tax-deferment.