Bottom of the Barrel: Shopping for Yield at Acadia Realty

Searching for small-cap yield? You may find what you're looking for at Acadia Realty (AKR Quote).

Based in Port Washington, N.Y., this underfollowed real estate investment trust owns 35 community-center properties, totaling about 7 million square feet, primarily in the Northeast. These centers are often found in locations where new competition can't easily set up shop next door, and they're focused on anchors of necessity, or stores that customers regularly visit for essential household consumable items, typically grocery stores or discount retailers.

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