New Market Properties
New Market Properties
New Market Properties
New Market Properties
New Market Properties
Dedicated to Deliver on Promises

New Market Properties’ fast-paced success is due, in large part, to its founders’ and current leadership’s vast experience in retail real estate, deep relationships in the industry, and abilities to build a strong team of professionals who share such 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.



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NEW MARKET PROPERTIES ANNOUNCES ACQUISITION OF GROCERY-ANCHORED CENTER IN RALEIGH, NC
ATLANTA, Jan. 29, 2020 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) announced its acquisition of Wakefield Crossing, a grocery-anchored shopping center in Raleigh, North Carolina. The 75,927 square foot Wakefield Crossing Shopping Center is anchored by Food Lion, the top market share grocer in Raleigh. This high barrier to entry location is strategically positioned at the entrance of the master planned Wakefield community, home to Wakefield Elementary, Middle and High Schools. The center is surrounded by very affluent demographics, has ideal access, and has 692 linear feet of frontage along Falls of Neuse Road which carries over 29,000 vehicles per day.

PAC made this investment through its wholly owned indirect subsidiary New Market Properties, LLC. Michael Aide, Executive Vice President & Managing Director of New Market said, “Wakefield Crossing Shopping Center is our third shopping center in the Raleigh MSA. We now own 53 grocery-anchored centers, all of which are consistent with our strategy to acquire well-positioned grocery-anchored centers in suburban Sunbelt and Mid-Atlantic markets with strong demographics that are anchored by market leading grocers.”

PAC financed the acquisition utilizing a first mortgage loan from Aegon Life Insurance Company.


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Mar 19, 2020
ATLANTA, March 19, 2020 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) announced its acquisition of Midway Market, an 85,599 square foot grocery-anchored shopping center in Dallas, Texas. The center is anchored by…
Jan 30, 2020
ATLANTA, Jan. 29, 2020 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) announced its acquisition of Wakefield Crossing, a grocery-anchored shopping center in Raleigh, North Carolina. The 75,927 square foot Wakefield Crossing Shopping Center…
Dec 19, 2019
ATLANTA, Dec. 19, 2019 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) announced that it made an approximate 92.5% equity investment in a joint venture with Harbour Retail Partners…


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