Agree Realty Corporation

Type: Public
On the web: http://www.agreerealty.com
Employees: 13
Employee growth: 18.2%

Shopping sprees really agree with Agree Realty. The self-managed real estate investment trust (REIT) owns, develops, and manages retail real estate, primarily freestanding big-box properties. It owns more than 75 retail properties in primarily midwestern states. A dozen of the REIT's properties are anchored strip malls. All told, Agree Realty owns a total of more than 3 million sq. ft. of leasable space. Its largest tenants include Borders, Kmart, and Walgreen. National tenants make up 90% of Agree's revenues. Agree considers acquisitions to diversify its portfolio and grow its stable of long-term tenants. The REIT was founded in 1971 by CEO Richard Agree.

Key numbers for fiscal year ending December, 2011:
Sales: $36.3M
One year growth: 0.6%
Net income: $9.6M
Income growth: (36.6%)

Officers:
Chairman and CEO: Richard Agree
President, COO, and Director: Joey Agree
CFO and Secretary: Alan D. Maximiuk

Competitors:
Glimcher Realty
Kimco Realty
Ramco-Gershenson