Acadia Realty Trust (NYSE: AKR), is a REIT specializing in the acquisition, re-development and operation of retail and urban mixed-use properties. We focus on acquiring and redeveloping properties located in dense urban or major metropolitan markets and other high barrier to entry markets. Acadia currently owns or has ownership interest in, and operates a portfolio totaling over 10 million square feet across the United States.
Founded in 1998, Acadia is one of the industry's top performing shopping center REITs. In fact, we are the top-performing shopping center REIT of the past decade and one of the top five among all REITs over the same period. We continue to aggressively drive the four key components of our business model: maintaining a solid core portfolio of retail properties in densely populated, high quality locations; maintaining a flexible balance sheet coupled with excellent access to capital; executing an ambitious external investment program; and strengthening our talented management team.