<SEC-DOCUMENT>0001157523-11-003224.txt : 20110518
<SEC-HEADER>0001157523-11-003224.hdr.sgml : 20110518
<ACCEPTANCE-DATETIME>20110518080544
ACCESSION NUMBER:		0001157523-11-003224
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20110517
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20110518
DATE AS OF CHANGE:		20110518

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ACADIA REALTY TRUST
		CENTRAL INDEX KEY:			0000899629
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				232715194
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12002
		FILM NUMBER:		11853493

	BUSINESS ADDRESS:	
		STREET 1:		1311 MAMARONECK AVENUE
		STREET 2:		SUITE 260
		CITY:			WHITE PLAINS
		STATE:			NY
		ZIP:			10605
		BUSINESS PHONE:		914-288-8100

	MAIL ADDRESS:	
		STREET 1:		1311 MAMARONECK AVENUE
		STREET 2:		SUITE 260
		CITY:			WHITE PLAINS
		STATE:			NY
		ZIP:			10605

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MARK CENTERS TRUST
		DATE OF NAME CHANGE:	19930329
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a6728173.htm
<DESCRIPTION>ACADIA REALTY TRUST 8-K
<TEXT>
<html>
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    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 18pt"><b>UNITED
      STATES</b></font><br><br><font style="font-family: Times New Roman; font-size: 18pt"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><br><br><font style="font-family: Times New Roman; font-size: 13pt">WASHINGTON,
      D.C. 20549</font><br><br><font style="font-family: Times New Roman; font-size: 18pt"><b>FORM
      8-K</b></font><br><br><font style="font-family: Times New Roman; font-size: 10pt"><b>CURRENT
      REPORT</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>
      </b></font><b><font style="font-family: Times New Roman; font-size: 10pt">Pursuant
      to Section 13 or 15(d) of the Securities Exchange Act of 1934</font></b><br><br><font style="font-family: Times New Roman; font-size: 10pt">Date
      of Report (Date of Earliest Event Reported): May 17, 2011</font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-family: Times New Roman; font-size: 10pt"></font><br><font style="font-family: Times New Roman; font-size: 18pt"><b>ACADIA
      REALTY TRUST</b></font><br><font style="font-family: Times New Roman; font-size: 10pt">(Exact
      name of registrant as specified in its charter)</font><br><br>
    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="font-family: Times New Roman; margin-left:auto;margin-right:auto; width: 100%; margin-bottom: 10.0px; font-size: 10pt">
      <tr>
        <td valign="bottom" style="text-align: center; width: 33%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Maryland
          </p>
        </td>
        <td valign="bottom" style="text-align: center; width: 34%; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            1-12002
          </p>
        </td>
        <td valign="bottom" style="text-align: center; width: 33%; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            23-2715194
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; width: 33%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (State or other<br>jurisdiction of incorporation)
          </p>
        </td>
        <td valign="top" style="text-align: center; width: 34%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Commission<br>File Number)
          </p>
        </td>
        <td valign="top" style="text-align: center; width: 33%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (I.R.S. Employer<br>Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="font-family: Times New Roman; margin-left:auto;margin-right:auto; width: 100%; margin-bottom: 10.0px; font-size: 10pt">
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            1311 Mamaroneck Avenue
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Suite 260
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            White Plains, New York 10605
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Address
            of principal executive offices) (Zip Code)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      (914) 288-8100<br>(<font style="font-family: Times New Roman; font-size: 10pt">Registrant&#8217;s
      telephone number, including area code)</font><br><br><br><font style="font-family: Times New Roman; font-size: 10pt">(Former
      name or former address, if changed since last report)</font>
    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      <b>Item 5.02. &#160;&#160;Departure of Directors or Certain Officers; Election of
      Directors; Appointment of Certain Officers.</b>
    </p>
    <p style="text-align: justify">
      On May 17, 2011, Acadia Realty Trust (&quot;Acadia&quot;) issued a press release
      announcing that as of January 1, 2012, Jon Grisham, presently Senior
      Vice President and Chief Accounting Officer shall assume the role of
      Chief Financial Officer.&#160;Michael Nelsen will continue as Acadia&#8217;s Senior
      Vice President and Chief Financial Officer through the transition and
      thereafter will remain with Acadia as a Senior Officer and Senior
      Accounting and Financial Principal. A copy of this press release is
      attached to this report on Form 8-K as Exhibit 99.1 and incorporated
      herein by reference.
    </p>
    <p style="text-align: justify">
      <br>
      <b>Item 9.01.&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p>
      (d) Exhibits
    </p>
    <p style="text-align: center">

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt">
      <tr>
        <td valign="top" style="text-align: left; width: 14%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Exhibit Number</u>
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 86%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; width: 14%; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            99.1
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 86%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Press release dated May 17, 2011
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURES</b></font>
    </p>
    <p style="text-align: justify">
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <div style="text-align:center">
    <table cellspacing="0" style="font-family: Times New Roman; margin-left:auto;margin-right:auto; width: 90%; margin-bottom: 10.0px; font-size: 10pt">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 35%">

        </td>
        <td valign="top" style="text-align: left; width: 5%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 55%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>ACADIA REALTY TRUST</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 35%">

        </td>
        <td valign="top" style="text-align: left; width: 5%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 55%; padding-left: 20.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Registrant)
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="width: 5%">

        </td>
        <td valign="top" style="text-align: left; width: 55%; padding-left: 0.0px">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; width: 5%; padding-left: 0.0px">
          Date:
        </td>
        <td valign="top" style="text-align: left; width: 35%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            May 17, 2011
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 5%; padding-left: 0.0px">
          By:
        </td>
        <td valign="top" style="text-align: left; width: 55%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>/s/ Michael Nelsen</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 35%">

        </td>
        <td valign="top" style="text-align: left; width: 5%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Name:
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 55%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Michael Nelsen
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 35%">

        </td>
        <td valign="top" style="text-align: left; width: 5%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Title:
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 55%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Chief Financial Officer and
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="width: 5%">

        </td>
        <td valign="top" style="text-align: left; width: 55%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Senior Vice President
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; text-indent: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <b>EXHIBIT INDEX</b><br><br>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt">
      <tr>
        <td valign="top" style="text-align: left; width: 14%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Exhibit Number</u>
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 86%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; width: 14%; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            99.1
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 86%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Press release dated May 17, 2011
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a6728173ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Acadia
      Realty Trust Announces Succession Plan for Its Accounting Division</b></font>
    </p>
    <p style="text-align: center">

    </p>
    <p>
      WHITE PLAINS, N.Y.--(BUSINESS WIRE)--May 17, 2011--Acadia Realty Trust
      (NYSE:AKR), today announced that as of January 1, 2012, Jon Grisham,
      presently Senior Vice President and Chief Accounting Officer shall
      assume the role of Chief Financial Officer. Michael Nelsen, currently
      Senior Vice President and Chief Financial Officer, shall remain with
      Acadia through and beyond the transition as a Senior Officer and Senior
      Accounting and Financial Principal.
    </p>
    <p>
      Mr. Nelsen has been with Acadia since 2003, joining after a career in
      public accounting, as well as with George Soros&#8217; real estate ventures.
      Mr. Grisham also had a career in public accounting, joining the
      predecessor to Acadia in 1993 as Controller. Mr. Grisham has steadily
      assumed more responsibility over the years with a key role in capital
      markets execution, as well as overseeing the entire accounting and lease
      administration functions.
    </p>
    <p>
      Kenneth F. Bernstein, President and CEO, stated &#8220;I want to personally
      thank Mike Nelsen for his untiring efforts in helping build Acadia into
      the company it is today. He has built an excellent team and I look
      forward to his continued contribution to Acadia. Jon&#8217;s succession is a
      key indicator of the bench strength at Acadia and is part of the normal
      progression and maturity in senior management. I have worked with Jon
      since 1998 when our private company recapitalized Mark Centers. He has
      played a key role throughout the entire period. I look forward to
      continuing to work with Jon and view his promotion as extremely well
      deserved.&#8221;
    </p>
    <p>
      <b>About Acadia Realty Trust</b>
    </p>
    <p>
      Acadia Realty Trust, a fully-integrated equity real estate investment
      trust, is focused on the ownership, management and redevelopment of
      high-quality retail properties and urban/infill mixed-use properties
      with a strong retail component located primarily in
      high-barrier-to-entry, densely-populated metropolitan areas. Acadia
      owns, or has an ownership interest in, 82 properties through its core
      portfolio and three opportunistic/value-add investment funds. Additional
      information may be found on the Company&#8217;s website at
      www.acadiarealty.com.
    </p>
    <p>
      Certain matters in this press release may constitute forward-looking
      statements within the meaning of federal securities law and as such may
      involve known and unknown risk, uncertainties and other factors that may
      cause the actual results, performances or achievements of Acadia to be
      materially different from any future results, performances or
      achievements expressed or implied by such forward-looking statements.
      These forward-looking statements include statements regarding Acadia&#8217;s
      future financial results and its ability to capitalize on potential
      opportunities arising from continued economic uncertainty. Factors that
      could cause the Company&#8217;s forward-looking statements to differ from its
      future results include, but are not limited to, those discussed under
      the headings &#8220;Risk Factors&#8221; and &quot;Management's Discussion and Analysis of
      Financial Condition and Results of Operations&quot; in the Company&#8217;s most
      recent annual report on Form 10-K filed with the SEC on February 28,
      2011 (&#8220;Form 10-K&#8221;) and other periodic reports filed with the SEC,
      including risks related to: (i) the current global financial environment
      and its effect on retail tenants; (ii) the Company&#8217;s reliance on
      revenues derived from major tenants; (iii) the Company&#8217;s limited control
      over joint venture investments; (iv) the Company&#8217;s partnership
      structure; (v) real estate and the geographic concentration of our
      properties; (vi) market interest rates; (vii) leverage; (viii) liability
      for environmental matters; (ix) the Company&#8217;s growth strategy; (x) the
      Company&#8217;s status as a REIT; (xi) uninsured losses and (xii) the loss of
      key executives. Copies of the Form 10-K and the other periodic reports
      Acadia files with the SEC are available on the Company&#8217;s website at <u>www.acadiarealty.com</u>.
      Any forward-looking statements in this press release speak only as of
      the date hereof. Acadia expressly disclaims any obligation or
      undertaking to release publicly any updates or revisions to any
      forward-looking statements contained herein to reflect any change in
      Acadia's expectations with regard thereto or change in events,
      conditions or circumstances on which any such statement is based.
    </p>
    <p>
      CONTACT:<br><b>Acadia Realty Trust</b><br>Jon Grisham, 914-288-8100
    </p>
    <p>

    </p>
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