<SEC-DOCUMENT>0000950153-05-000397.txt : 20120628
<SEC-HEADER>0000950153-05-000397.hdr.sgml : 20120628
<ACCEPTANCE-DATETIME>20050302180448
ACCESSION NUMBER:		0000950153-05-000397
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20050303
DATE AS OF CHANGE:		20050302

SUBJECT COMPANY:	

	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:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-44442
		FILM NUMBER:		05655564

	BUSINESS ADDRESS:	
		STREET 1:		20 SOUNDVIEW MARKETPLACE
		STREET 2:		PO BOX 1679
		CITY:			PORT WASHINGTON
		STATE:			NY
		ZIP:			11050
		BUSINESS PHONE:		5167678830

	MAIL ADDRESS:	
		STREET 1:		600 THIRD AVE
		STREET 2:		PO BOX 1679
		CITY:			KINGSTON
		STATE:			PA
		ZIP:			18704

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MARK CENTERS TRUST
		DATE OF NAME CHANGE:	19930329

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CLARION CRA SECURITIES
		CENTRAL INDEX KEY:			0001033984
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				232802869
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		259 RADNOR CHESTER RD
		STREET 2:		SUITE 205
		CITY:			RADNOR
		STATE:			PA
		ZIP:			19087
		BUSINESS PHONE:		6109952500

	MAIL ADDRESS:	
		STREET 1:		259 NORTH RADNOR CHESTER ROAD
		STREET 2:		SUITE 205
		CITY:			RADNOR
		STATE:			PA
		ZIP:			19087

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CRA REAL ESTATE SECURITIES LP/PA
		DATE OF NAME CHANGE:	19980227
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>p70294psc13g.txt
<DESCRIPTION>SCHEDULE 13G
<TEXT>
<PAGE>

                                    akr.txt
APP. E4                         REGULATION OF INVESTMENT ADVISORS

CUSIP No._004239109             13G
                Page______of______Pages
_______________________________________________________________________
1.  NAME OF REPORTING PERSON
     S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                Clarion CRA Securities, LP                             232802869

2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)____
(b)____

3. SEC USE ONLY

4. CITIZENSHIP OR PLACE OF ORGANIZATION
259 N. Radnor Chester Road, Suite 205 Radnor, PA 19087

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5. SOLE VOTING POWER
1,425,780, sole voting power

6. SHARED VOTING POWER
No shares under shared voting power

7. SOLE DISPOSITIVE POWER
1,747,280 shares, sole dispositive power

8. SHARED DISPOSITOVE POWER
No shares under shared dispositive power

9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,747,280 shares

10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW
6.0%

12.  TYPE OF REPORTING PERSON*
IA

SCHEDULE 13G                                            APP. E4

                                      UNITED STATES
                  SECURITIES AND EXCHANGE COMMISSION
                        WASHINGTON, D.C.  20549

                                     Page 1

<PAGE>

                                    akr.txt
                                SCHEDULE 13G

                   Under the Securities Exchange Act of 1934
                            (Amendment No _______)*
                             Arcadia Realty Trust.
                                (Name of Issuer)
                                  Common Stock
                         (Title of Class of Securities)
                                   004239109
                                 (Cusip Number)

Check the following box if a fee is being paid with this statement ____. (A fee
is not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

Sec 1745 (6-88)

                                      E4-1

Items
Item 1
Arcadia Realty Trust
1311 Mamaronek Avenue, Suite 260
White Plains, NY 10605

Item 2

                                     Page 2

<PAGE>

                                    akr.txt
(a) ING Clarion Real Estate Securities, L.P.
(b) 259 N. Radnor-Chester Road, Suite 205
Radnor, PA  19087
(c) N/A
(d) Common Stock
(e) 024835100

Item 3
(e) Investment Adviser registered under section 203 of the Investment
(f) Advisers Act of 1940

Item 4
(a) 1,747,280 shares
(b) 6.0%
(c)
(i.) 1,425,780 shares, sole voting power
(ii.) No shares under shared voting power
(iii.) 1,747,280 shares, sole dispositive power
(iv.) No shares under shared dispositive power

Item 5
N/A

Item 6
N/A

Item 7
N/A

Item 8
N/A

Item 9
N/A

Item 10
T. Ritson Ferguson, President

                                     Page 3
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>