The Lace Bark Elm is a moderately growing tree that reaches a height between 35 and 40 feet at maturity with a crown spread of 30 to 35 feet. It is a deciduous tree with small, green leaves that have serrated edges. The exfoliating bark of this tree makes it unique. As one piece of bark peels away, a patchwork pattern of various shades of grey, brown, green and orange is left behind. The Lace Bark is a very hearty tree able to withstand the harshest growing conditions and adapts well to various soil types. It grows 1.5 to 2 feet annually.