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Is Agree Realty a Buy?

TheMotleyFool

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One of the emerging stories of 2023 has been the crisis brewing in the commercial real estate sector. The problems in the office real estate sector are well-known, driven by the adoption of work-from-home.

We are also seeing emerging problems in retail commercial real estate space. Lower-quality locations are seeing stress, and rising borrowing rates are making things worse. Does this pain extend to Agree Realty (NYSE: ADC)?

Image source: Getty Images.

Source Fool.com

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