New Market Properties
Dedicated to Deliver on Promises

New Market Properties’ fast-paced success is due, in large part, to its CEO, Joel Murphy’s vast experience in retail real estate, his deep relationships in the industry, and his ability to build a strong team of professionals who share his passion for retail. This passion is combined with a desire to build a business culture based on integrity, experience, and a unique focus on finding creative solutions to challenges.



Click to Learn more about us
Explore our
Properties

Check out our retail properties
NEW MARKET PROPERTIES, LLC ACQUIRES GROCERY-ANCHORED SHOPPING CENTER AT WEST TOWN MARKET
ATLANTA, Sept. 25, 2017 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced the acquisition on September 22, 2017 of West Town Market, an approximately 67,883 square foot shopping center located in Fort Mill, South Carolina, an affluent submarket within the Charlotte, North Carolina MSA and anchored by a 48,220 square foot Harris Teeter grocery store. West Town Market is strategically located on the highly-travelled Highway 160 corridor just west of I-77, the main thoroughfare into downtown Charlotte.

PAC acquired this asset through its wholly-owned subsidiary New Market Properties, LLC. Joel T. Murphy, President and Chief Executive Officer of New Market said about the acquisition, "We are pleased to make our market entry into the Charlotte, North Carolina MSA with a market dominant grocer like Harris Teeter." Mr. Murphy added, "The acquisition of West Town Market increases the size of our retail portfolio to 37 grocery-anchored shopping centers across seven Sunbelt states, consistent with our strategy to acquire well-positioned and highly accretive grocery-anchored shopping centers in suburban Sunbelt markets with strong demographics."


View Full Story
Latest News
Sep 25, 2017
PRNEWSWIRE.COM ATLANTA, Sept. 25, 2017 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced the acquisition on September 22, 2017 of West Town Market, an approximately 67,883 square foot shopping center located in Fort Mill,…
Sep 11, 2017
PRNEWSWIRE.COM ATLANTA, Sept. 11, 2017 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced the acquisition on September 8, 2017 of Woodmont Village, an approximately 85,639 square foot shopping center located in the Atlanta, Georgia MSA…
Aug 28, 2017
PRNEWSWIRE.COM ATLANTA, Aug. 28, 2017 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced the acquisition on August 25, 2017 of Maynard Crossing, an approximately 122,781 square foot shopping center located in…


View Latest News