Agree Realty Acquires 11-Property Retail Portfolio for $79.5 Million

by Katie Sloan

Bloomfield Hills, Mich. — Bloomfield Hills-based Agree Realty Corp. has acquired a portfolio of 11 net lease retail properties for $79.5 million.

Tenants of the portfolio include Orchard Supply Hardware, Hobby Lobby, Smart & Final, Walmart Neighborhood Market, Big Lots and Ross Dress for Less. The acquired assets are located in California, Washington, Colorado, Texas and Florida. 

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