ACADIA REALTY TRUST

Acadia Realty Trust (the "Trust", and collectively with its consolidated subsidiaries, the "Company", "Acadia", "we", "us" or "our") is a fully-integrated, Maryland-formed equity REIT focused on the ownership, acquisition, development, and management of high-quality retail properties located primarily in high-barrier-to-entry, supply-constrained, densely populated metropolitan areas in the United States. Acadia owns and operates a core real estate portfolio of street and open-air retail properties in the nation's most dynamic corridors ("REIT Portfolio"), along with an investment management platform that targets opportunistic and value-add investments through its institutional co-investment vehicles ("Investment Management"). All assets are held by, and operations conducted through, Acadia Realty Limited Partnership (the "Operating Partnership") and its affiliated entities.