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Tuesday, November 24, 2009, 7:35PM ET - U.S. Markets Closed. Dow Down 0.16% Nasdaq Down 0.31%
Agree Realty Corp. (ADC)At 4:02PM ET: 24.56  Up 0.58 (2.42%)  
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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
Web Site: http://www.agreerealty.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Property Management
Full Time Employees:11

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, 2008, its portfolio consisted of 68 properties, including 56 freestanding net leased properties and 12 community shopping centers located in 16 states containing approximately 3.4 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 Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 27.8% of Russell 3000 companies and 25.9% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Richard A. Agree , 65
    Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    $ 270.00K $ 0
    Mr. Joey Agree , 30
    Pres, Chief Operating Officer
    $ 300.00K $ 0
    Mr. Kenneth R. Howe , 60
    Chief Financial Officer, Principal Accounting Officer, VP of Fin. and Sec.
    $ 170.00K $ 0
    Mr. David J. Prueter , 53
    Sr. VP
    $ 210.00K $ 0
    Mr. Patrick O'Leary ,
    VP of Devel.
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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