Acadia Realty Trust (NYSE: AKR) acquired a property located in Chicago for $3.8 million in January 2012. The transaction was funded with available working capital, a portion of which came from the proceeds of Acadia Realty Trust's November 2011 follow-on public offering that raised $45.2 million in gross proceeds and contributions from non-controlling interests. Acadia Realty Trust (NYSE: AKR) completed the acquisition of a property located in Chicago in January 2012.