Company description

AKR, or Acadia Realty Trust, is a real estate investment trust that focuses on the acquisition, development, and management of retail properties primarily in the New York City metro area. The company was founded in 1998 and is headquartered in Rye, New York. With a portfolio of over 50 properties, AKR's diverse holdings include urban and suburban shopping centers, mixed-use properties, and redevelopment projects. Their strategic location in highly desirable, densely populated areas allows them to attract top-tier tenants and generate steady rental income. In addition to their core focus on retail properties, AKR has also expanded into residential and office properties, further diversifying their portfolio. Their commitment to sustainability is evident in their efforts to incorporate green building practices into their developments. AKR's strong financials, experienced management team, and targeted approach to real estate investment make them a leading player in the competitive market.