U.S. Agree Realty nears to acquire 100 retail properties for $150 mln

12/12/2018 9:00:00 PM (GMT)

U.S.-based real estate investment trust company Agree Realty Corp. is nearing to acquire a portfolio of more than 100 retail properties from paint and coating manufacturing company The Sherwin-Williams Co.

Under the deal, Agree will pay more than $150 million for the retail properties.

For the nine months ended September 30, 2018, Agree Realty revealed that its total acquisition volume was approximately $351.1 million and included 96 retail net lease assets.

The deal is expected to close on or before the end of December.

Agree Realty Corp.

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