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Acadia Realty enters ATM program

enteredagreements to sell up to $250.0 million of its common shares of beneficialinterest through an at-the-market equity offering program.

Merrill Lynch Pierce Fenner & Smith Inc., Barclays CapitalInc., Wells Fargo Securities LLC, Goldman Sachs & Co., Citigroup GlobalMarkets Inc. and Jefferies LLC will act as sales agents under theagreements. They are entitled to compensation of up to 2% of the gross salesprice of the shares they sell.