Business in the Burbs

Target to anchor Acadia development in Brooklyn

May

Acadia Realty Trust has entered into an agreement with Target Corp. for the Minneapolis-based retailer to be an anchor at Acadia’s CityPoint project in Brooklyn, according to a filing with the Securities and Exchange Commission.

The CityPoint project is being developed by Acadia, a White Plains-based real estate investment trust, in conjunction with three other partner firms. Acadia shares ended trading today at $25.49, off 36 cents.

This entry was posted on Friday, May 16th, 2008 at 5:00 pm by David Schepp. You can follow any responses to this entry through the RSS 2.0 feed.
Category: New business

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