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Agree Realty Corporation



Agree Realty Corporation Announces Extension of Staples Lease



April 24th, 2009

Agree Realty Corporation (NYSE:ADC) announced that Staples, Inc. will extend its lease at the Mt. Pleasant Shopping Center, located in Mt. Pleasant, Michigan, for an additional five year period until June 30, 2015.

The Mt. Pleasant Shopping Center is conveniently located on Mission Street adjacent to the campus of Central Michigan University. In addition to Staples, other major retailers in the shopping center include Kmart, J.C. Penney, Dunham's Sports, Fashion Bug and Jo Ann Fabrics.

"In light of the challenging retail leasing environment we are pleased to complete the renewal of this lease," said Joey Agree, Executive Vice President of Agree...


Source: Health Business Week (2009-04-24)

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