Acadia Realty Trust (the “Company”) was formed on March 4, 1993 as a Maryland
Real Estate Investment Trust (“REIT”). The Company is a fully integrated,
self-managed and self-administered equity REIT focused primarily on the
ownership, acquisition, redevelopment and management of neighborhood and
community shopping centers. The Company currently operates 62 properties, which
it owns or has an ownership interest in, consisting of 58 neighborhood and
community shopping centers, one enclosed mall, one mixed-use property
(retail/residential) and two multi-family properties, which are located
primarily in the Northeast, Mid-Atlantic and Midwestern regions of the United
States and, in total, comprise approximately nine million square feet.

All of the Company’s assets are held by, and all of its operations are conducted
through, Acadia Realty Limited Partnership, a Delaware limited partnership (the
“Operating Partnership”) and its majority-owned subsidiaries.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2004%2f03%2f15%2f0000950116-04-000843.html#FIS_BUSINESS"