In the News


Sep 11, 2017

NEW MARKET PROPERTIES, LLC ACQUIRES GROCERY-ANCHORED SHOPPING CENTER AT WOODMONT VILLAGE

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 and anchored by a 54,139 square foot Kroger grocery store.  Woodmont Village is strategically positioned at the intersection of GA Highway 20 and Cherokee Road in this rapidly growing and affluent corridor of Cherokee County. PAC acquired this asset through its wholly-owned subsidiary New Market Properties, LLC. Joel T….

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Aug 28, 2017

NEW MARKET PROPERTIES, LLC ACQUIRES GROCERY-ANCHORED SHOPPING CENTER AT MAYNARD CROSSING

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 the affluent Raleigh submarket of Cary, North Carolina and anchored by a 55,973 square foot Kroger grocery store.  Maynard Crossing is strategically located at the corner of Maynard and High House Road, a major intersection with over 43,000 cars per day. PAC acquired this asset through its wholly-owned subsidiary New Market…

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Jul 27, 2017

New Market Properties, LLC Acquires Grocery-Anchored Shopping Center at Irmo Station

PRNEWSWIRE.COM ATLANTA, July 27, 2017 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced the acquisition on July 26, 2017 of Irmo Station, an approximately 99,384 square foot shopping center located in the Columbia, South Carolina MSA and anchored by a 56,942 square foot Kroger grocery store.  Irmo Station is strategically located just one mile off of Interstate Highway 26 (I-26), the main highway connecting Greenville, South Carolina to Charleston, South Carolina through Columbia. PAC acquired this asset through its wholly-owned subsidiary New Market Properties, LLC. Joel T….

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