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Acadia adds to street retail portfolio as demand outpaces supply

REIT adds properties in New York, Connecticut and Los Angeles
Acadia Realty Trust acquired 129 Fifth Ave. in New York and quickly signed a new national retail tenant. (CoStar)
Acadia Realty Trust acquired 129 Fifth Ave. in New York and quickly signed a new national retail tenant. (CoStar)
CoStar News
September 14, 2026 | 8:34 P.M.

Acadia Realty Trust is deepening its stake in four prominent shopping streets, betting that clusters of storefronts will give it greater influence over tenant lineups and rents as retailers compete for limited space.

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