Agree Realty Announces the Addition of Kirk Klatt as Vice President of Leasing

8/18/25 7:30:00 AM ET

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Agree Realty Corporation (NYSE:ADC) (the "Company") today announced that Kirk Klatt has joined the Company as Vice President of Leasing. Mr. Klatt will be responsible for leading the Company's leasing function and management of key retailer relationships.

Mr. Klatt has over 20 years of real estate leasing, acquisition, and operational experience. Previously, he served as Senior Vice President of Real Estate at NETSTREIT Corp. (NYSE:NTST), where he spent approximately 14 years and managed the transaction, leasing, diligence, development and asset management functions. He was one of three members on NTST's Investment Committee.

"I'm extremely pleased to welcome Kirk to our Team," said Joey Agree, President and Chief Executive Officer. "His many years of net lease operational and leasing expertise will serve as an additional asset as we continue to scale our portfolio and bolster our strategic relationships."

About Agree Realty Corporation

Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of June 30, 2025, the Company owned and operated a portfolio of 2,513 properties, located in all 50 states and containing approximately 52.0 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC". For additional information on the Company and RETHINKING RETAIL, please visit www.agreerealty.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250818723784/en/

Peter Coughenour

Chief Financial Officer

Agree Realty Corporation

(248) 737-4190

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Recent Analyst Ratings for
$ADC
$NTST

Company	Date	Price Target	Rating	Analyst
NetSTREIT Corp. $NTST	10/13/2025	$22.00	Buy	Berenberg
NetSTREIT Corp. $NTST	10/1/2025	$21.00	Overweight	Cantor Fitzgerald
NetSTREIT Corp. $NTST	7/28/2025	$19.00	Underperform → Neutral	BofA Securities
Agree Realty Corporation $ADC	7/11/2025	$75.00	Overweight → Equal-Weight	Morgan Stanley
Agree Realty Corporation $ADC	5/7/2025		Buy → Neutral	BTIG Research
NetSTREIT Corp. $NTST	4/7/2025	$18.00	Overweight	Wells Fargo
Agree Realty Corporation $ADC	3/4/2025	$74.00 → $75.00	Underweight → Equal Weight	Barclays
NetSTREIT Corp. $NTST	2/12/2025		Overweight	CapitalOne

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