Agree Realty Appoints Hedley Williams Chief Investment Officer
FARMINGTON HILLS, Mich., July 26, 2011 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) is pleased to announce the appointment of Hedley Williams as Chief Investment Officer. Mr. Williams will lead the Company's investment activities, as well as financing efforts, investor relations, asset level and portfolio risk assessment, portfolio balance and strategic planning.
"We are extremely pleased to add Hedley to our leadership team," said Joey Agree, President and Chief Operating Officer of Agree Realty Corporation. "He brings extensive experience in the real estate industry along with a wealth of transactional expertise to the Company."
Mr. Williams holds a Bachelor of Science from the London School of Economics and Political Science and is a holder of the CS McTaggart Scholarship for Academic Excellence. Additionally, he is a member of the National Association of Real Estate Investment Trusts (NAREIT). Prior to joining Agree, Mr. Williams served as the Chief Investment Officer for Grand/Sakwa Properties; overseeing the development of reporting systems, solicitation of all financing issues, client relationships, and operations of a multi-state commercial portfolio.
Agree Realty is engaged in the ownership, management and development of properties which are primarily single tenant properties leased to major retail tenants and neighborhood community shopping centers. Agree Realty owns and operates a portfolio of 81 properties, located in 17 states and containing 3.8 million square feet of leasable space.
The Company considers portions of the information contained in this release to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. These forward-looking statements represent the Company's expectations, plans and beliefs concerning future events. Although these forward-looking statements are based on good faith beliefs, reasonable assumptions and the Company's best judgment reflecting current information, certain factors could cause actual results to differ materially from such forward–looking statements. Such factors are detailed from time to time in reports filed or furnished by the Company with the Securities and Exchange Commission, including the Company's Form 10-K for the year ended December 31, 2010. Except as required by law, the Company assumes no obligation to update these forward–looking statements, even if new information becomes available in the future.
For additional information, visit the Company's home page on the Internet at http://www.agreerealty.com .
SOURCE Agree Realty Corporation
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