CORPORATE
SNAPSHOT
April 2023
Table of Contents
3
5
15
20
28
30
42
44
47
52
60
2
62
Acadia Overview
Key Highlights & Updates
Not All Space is Created Equal Redevelopment & Densification Core Portfolio
Street Portfolio
Urban Portfolio
Suburban Portfolio
City Point
Fund Platform
ESG
Appendix
Acadia Realty at a Glance
Acadia Realty Trust is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual operating platforms (Core Portfolio and Fund) and its disciplined, location-driven investment strategy.
Acadia Realty Trust accomplishes this goal by:
- Building a best-in-class Core real estate portfolio with meaningful concentrations of assets in the nation's most dynamic corridors
- Making profitable opportunistic and value-add investments through its series of discretionary, institutional funds
- And maintaining a strong balance sheet.
ACADIA TOTAL PORTFOLIO
|
CORE |
GLA |
Pro Rata |
% of ABR |
|
PORTFOLIO |
at 100% |
Share |
|
|
Total |
Total |
Occupancy |
Leased |
Street |
Anchors |
Shops |
Total |
|
|
Street & Urban |
1,578 |
1,366 |
89.0% |
91.8% |
50% |
2% |
6% |
58% |
|
Suburban |
4,004 |
3,845 |
94.1% |
95.9% |
N/A |
18% |
24% |
42% |
|
Total Core |
5,582 |
5,211 |
92.7% |
94.9% |
50% |
20% |
30% |
100% |
FUNDS PORTFOLIO
|
Total Funds |
7,970 |
1,757 |
86.1% |
91.4% |
|
|
TOTAL |
13,522 |
6,968 |
* Square feet in 000's
3
Dual Platform Funds Business & Third-party Capital
CORE/ON-BALANCE SHEET
- Public Capital
- Strategy: Open-air retail format agnostic depending on cycle and opportunities. High growth Street Retail a key focus.
|
SULLIVAN CENTER |
GREENE STREET |
|
CHICAGO, IL |
SOHO, NYC, NY |
FUNDS BUSINESS/OFF-BALANCE SHEET
- Private Capital: Utilizing discretionary fund vehicles and other third-party capital.
- Strategy: Opportunistic/Value-Add across capital stack, high-yielding, redevelopments and restructurings.
4
KEY HIGHLIGHTS and UPDATES
5
Attachments
Disclaimer
Acadia Realty Trust published this content on 18 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 April 2023 19:01:22 UTC.