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Agree Realty signs distribution agreements for up to $250M of common stock

Single-tenant retail real estate investment trust Agree Realty Corp. and its operating partnership signed separate market equity distribution agreements for the sale of up to $250.0 million of the company's common stock.

The shares will be sold under at-the-market offerings from time to time.

The agreements were signed with Raymond James Associates Inc., Robert W. Baird & Co. Inc., Stifel Nicolaus & Co. Inc., SunTrust Robinson Humphrey Inc., Citigroup Global Markets Inc., Jefferies LLC and Wells Fargo Securities LLC.