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Agree Realty Corp. (ADC)

30.61 Up 0.71(2.37%) 4:00PM EDT
|After Hours : 30.61 0.00 (0.00%) 4:27PM EDT
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Agree Realty Corp.
31850 Northwestern Highway
Farmington Hills, MI 48334
United States - Map
Phone: 248-737-4190
Fax: 248-737-9110

Index Membership:N/A
Industry:Property Management
Full Time Employees:14

Business Summary 

Agree Realty Corporation, a real estate investment trust (REIT), engages in the ownership, development, acquisition, and management of retail properties, which are primarily leased to national and regional retail companies in the United States. As of December 31, 2009, its portfolio consisted of 73 properties, including 61 freestanding net leased properties and 12 community shopping centers located in 16 states containing approximately 3.5 million square feet of gross leasable area. The company has elected to be treated as a REIT under the Internal Revenue Code. As a REIT, the company is not subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its stockholders. Agree Realty Corporation was founded in 1971 and is headquartered in Farmington Hills, Michigan.

Key Statistics

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Corporate Governance 
Agree Realty Corp.’s ISS Governance QuickScore as of Oct 1, 2014 is 9. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 10; Compensation: 4.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Richard A. Agree , 70
Exec. Chairman and Chairman of Exec. Committee
Mr. Joey N. Agree , 35
Chief Exec. Officer, Pres, Director and Member of Exec. Committee
Mr. Laith M. Hermiz J.D., 43
Exec. VP
Mr. Alan D. Maximiuk , 55
VP of Fin. & Accounting
Mr. Brian Robert Dickman ,
Chief Financial Officer, Principal Accounting Officer and Sec.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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