- Current report filing (8-K)
February 17 2011 - 5:20PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of Earliest Event Reported): February 17, 2011
ACADIA
REALTY TRUST
(Exact
name of registrant as specified in its charter)
Maryland
|
1-12002
|
23-2715194
|
(State or other
jurisdiction of incorporation)
|
(Commission
File Number)
|
(I.R.S. Employer
Identification No.)
|
1311 Mamaroneck Avenue
|
Suite 260
|
White Plains, New York 10605
|
(Address
of principal executive offices) (Zip Code)
|
(914) 288-8100
(
Registrant’s
telephone number, including area code)
(Former
name or former address, if changed since last report)
Check the
appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
⃞
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
⃞
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
⃞
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
⃞
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 7.01. Regulation FD Disclosure.
On February 17, 2011, a joint venture between Acadia Strategic
Opportunity Fund III LLC (“Fund III”), a discretionary investment fund
managed by Acadia Realty Trust (“Acadia”), and Terranova Corporation,
acquired a three property portfolio (the “Portfolio”) for an aggregate
purchase price of $51.9 million with $20.6 million of in-place mortgage
financing assumed at closing. Fund III represents 95% of the joint
venture equity. The Portfolio consists of three street-retail properties
aggregating 61,000 square feet located at 600 Lincoln Road, 741 Lincoln
Road and 723 North Lincoln Lane in South Miami Beach, Florida. A copy of
the press release issued announcing this acquisition is attached hereto
as Exhibit 99.1
The information furnished pursuant to this Item 7.01 Regulation FD
Disclosure, including Exhibit 99.1, shall not be deemed to be “filed”
for the purposes of Section 18 of the Exchange Act, or otherwise subject
to the liabilities under that section and shall not be deemed to be
incorporated by reference into any of Acadia Realty Trust’s filings
under the Act or the Exchange Act, regardless of any general
incorporation language in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number
|
Description
|
99.1
|
Press release titled, “Acadia/Terranova Buy 3 Buildings In $52
Million Lincoln Road Deal”
dated February 17, 2011.
|
SIGNATURES
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
|
|
|
|
ACADIA REALTY TRUST
|
|
|
|
|
(Registrant)
|
|
|
|
|
|
|
|
Date:
|
February 17, 2011
|
|
By: /s/ Michael Nelsen
|
|
|
|
|
|
|
|
|
|
Name:
|
Michael Nelsen
|
|
|
|
|
Title:
|
Sr. Vice President and
Chief Financial Officer
|
EXHIBIT
INDEX
Exhibit Number
|
Description
|
99.1
|
Press release titled, “Acadia/Terranova Buy 3 Buildings In $52
Million Lincoln Road Deal”
dated February 17, 2011.
|
Acadia Realty (NYSE:AKR)
Historical Stock Chart
From Aug 2024 to Sep 2024
Acadia Realty (NYSE:AKR)
Historical Stock Chart
From Sep 2023 to Sep 2024