Agree Realty Corporation (NYSE: ADC) to redevelop Downtown Oakland, California project. The development is located on the southwest corner of 14th St. and Broadway. The project will involve re-tenanting a space previously occupied by Gap In Oakland City Center in downtown Oakland. The project is expected to be completed during the first quarter of 2010. Agree will develop the project and oversee construction for a fee to be paid upon completion.
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About Agree Realty
Agree Realty is engaged in the ownership, management and development of properties which are primarily single tenant properties leased to major retail tenants and neighborhood community shopping centers. Agree Realty owns and operates a portfolio of 72 properties, located in 16 states and containing 3.5 million square feet of leasable space.
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