FOR IMMEDIATE RELEASE
Media Contact:
Dan Malloy, Green Street Advisors, 949-640-8780, dmalloy@greenstreetadvisors.com
Green Street Advisors Initiates Coverage on Acadia Realty Trust (AKR)
Newport Beach, CA, January 20, 2010 – Green Street Advisors today announced that it had initiated research coverage on Acadia Realty Trust (AKR), a well–respected REIT that owns strip center properties located predominately in the Northeast United States. Coverage was launched with an in–depth report on Acadia authored by Nick Vedder, Analyst on Green Street's Retail sector team. Acadia trades on the NYSE.
With this announcement, Green Street now covers 82 REITs, real estate operating companies and listed property companies with North American and European assets in the office, retail, residential, lodging, industrial, health care, self storage and data center sectors.
Green Street Advisors, Inc.
Founded in 1985, Green Street Advisors is the preeminent independent research, trading, and consulting firm concentrating on Real Estate Investment Trusts (REITs), other publicly traded real estate securities,
and the private commercial real estate markets in North America and Europe. Additional information on Green Street Advisors is available online at www.greenstreetadvisors.com.