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 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.



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NEW MARKET PROPERTIES, LLC ACQUIRES SECOND GROCERY-ANCHORED SHOPPING CENTER IN VIRGINIA
ATLANTA, Jan. 17, 2019 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced its acquisition of Gayton Crossing, a 158,317 square foot shopping center located in Richmond, Virginia and anchored by a Kroger grocery store. Gayton Crossing is located on the corner of Gaskins Road and Quioccasin Road, which sees a high volume traffic count of over 36,000 CPD.

PAC acquired these assets through its wholly-owned indirect subsidiary New Market Properties, LLC. Joel T. Murphy, President and Chief Executive Officer of New Market said about the acquisition, "Gayton Crossing is our second asset in the state of Virginia located in Richmond's highly desirable West End submarket and has exceptional demographics with a three mile population of 82,500 and average household incomes of $109,500."


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Jan 17, 2019
ATLANTA, Jan. 17, 2019 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced its acquisition of Gayton Crossing, a 158,317 square foot shopping center located in Richmond, Virginia and anchored by a…
Jan 02, 2019
PRNEWSWIRE.COM ATLANTA, Jan. 2, 2019 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced its acquisition on December 21, 2018 of Hollymead Town Center, in Charlottesville, Virginia. The…
Jul 09, 2018
PRNEWSWIRE.COM ATLANTA, July 9, 2018 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced its acquisition on July 6, 2018 of Brawley Commons, a 122,028 square foot shopping center located in the Charlotte, North Carolina MSA, and…


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