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 CHARLOTTE, NC
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 anchored by a 49,098 square foot Publix grocery store. Brawley Commons is located just to the west of I-77 at the entrance to the Brawley Peninsula of Lake Norman at the intersection of Brawley School Road and Williamson Road, which has a high volume traffic count at over 54,000 CPD.

PAC acquired these assets through its wholly-owned subsidiary New Market Properties, LLC. Joel T. Murphy, President and Chief Executive Officer of New Market said about the acquisition, "Brawley Commons is our second asset in the Charlotte, North Carolina MSA and adds to the geographical diversity of our portfolio. We believe Brawley Commons presents an attractive combination of stability with a strong grocery anchor such as Publix, as well as an opportunity for earnings growth with excellent and growing trade area fundamentals." Mr. Murphy added, "This acquisition increases the size of our portfolio to 44 grocery-anchored shopping centers across seven Sunbelt states, consistent with our strategy to acquire well-positioned grocery-anchored shopping centers in suburban Sunbelt markets with strong demographics and anchored by market leading grocers."



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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…
Jul 02, 2018
PRNEWSWIRE.COM ATLANTA, July 2, 2018 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced its acquisition on June 29, 2018 of Conway Plaza, a 117,705 square foot shopping center located in Orlando, Florida, and…
Jun 26, 2018
PRNEWSWIRE.COM ATLANTA, June 26, 2018 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced its acquisition of Neapolitan Way, a 137,580 square foot shopping center located in Naples, Florida, and anchored by…


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