FARMINGTON HILLS, MI – May 15, 2012 – (RealEstateRama) — Agree Realty Corporation (NYSE: ADC) today announced that it has acquired the southeast corner of Indian Avenue and S. Tamiami Trail and will ground lease the parcel to JPMorgan Chase. The Company and Chase have previously executed a twenty-year ground lease. Chase intends to construct a retail bank branch on the site.
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