Acadia Realty Trust (NYSE: AKR) announced approximately $119 million in street retail acquisitions within its REIT portfolio during the third quarter to date, adding properties across four retail corridors in New York, Connecticut, and California, according to a company press release.

The acquisitions include two storefronts at 69-73 Greene Street in SoHo, Manhattan, for $60 million, bringing Acadia's total storefronts on Greene Street to 11. In the West Village, the company acquired 385 Bleecker Street and 371-373 Bleecker Street for $20 million, expanding its Bleecker Street holdings to 10 storefronts. In Greenwich, Connecticut, the company purchased 171-173 Greenwich Avenue for $10 million, bringing its total there to five storefronts. In West Hollywood, California, 8800-8804 Melrose Avenue was acquired for $29 million.

Including these transactions, Acadia has completed approximately $742 million in total acquisitions year-to-date in 2026, comprising roughly $318 million in REIT portfolio street retail acquisitions and $424 million in its investment management platform. The company said it expects to reach its annual target of $400 million to $500 million in street retail acquisitions within its REIT portfolio.

On the balance sheet, Acadia did not issue new equity during the third quarter to date, and approximately $352 million in anticipated net proceeds remain available under existing forward sale agreements.

The company also reported 12 new leases signed in the third quarter to date, representing approximately $4.8 million of annualized base rent at the company's share, including $3.8 million within its street retail portfolio. New leases and renewals in the street retail portfolio were executed at double-digit cash leasing spreads.

Among the leasing activity, Acadia signed a lease with a national specialty retailer for a storefront at 129 Fifth Avenue in Manhattan's Flatiron District, which it acquired vacant in the second quarter of 2026. The company said the lease was signed within 30 days of closing at a rent that exceeded its underwriting, resulting in a projected yield on cost above 9%.