In the News


Jul 09, 2018

NEW MARKET PROPERTIES, LLC ACQUIRES SECOND GROCERY-ANCHORED SHOPPING CENTER IN CHARLOTTE, NC

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 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…

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Jul 02, 2018

NEW MARKET PROPERTIES, LLC ACQUIRES THIRD GROCERY-ANCHORED SHOPPING CENTER IN ORLANDO, FL

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 anchored by a 37,888 square foot Publix grocery store.  Conway Plaza is strategically located at the busy intersection of Conway Road and Curry Ford Road, which has a high volume of traffic count of over 66,000 CPD. PAC acquired these assets through its wholly-owned subsidiary New Market Properties, LLC….

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Jun 26, 2018

NEW MARKET PROPERTIES, LLC ACQUIRES SECOND GROCERY-ANCHORED CENTER IN NAPLES, FL

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 a 40,120 Publix grocery store.  Daniel M. DuPree, Chairman and Chief Executive Officer of Preferred Apartment Communities, Inc. said about the acquisition, “We continue to actively pursue strategic opportunities in our grocery-anchored retail platform and are pleased to add another solid grocery-anchored shopping center to the PAC portfolio.”…

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