In the News


Sep 25, 2017

NEW MARKET PROPERTIES, LLC ACQUIRES GROCERY-ANCHORED SHOPPING CENTER AT WEST TOWN MARKET

PRNEWSWIRE.COM ATLANTA, Sept. 25, 2017 /PRNewswire/ — Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced the acquisition on September 22, 2017 of West Town Market, an approximately 67,883 square foot shopping center located in Fort Mill, South Carolina, an affluent submarket within the Charlotte, North Carolina MSA and anchored by a 48,220 square foot Harris Teeter grocery store.  West Town Market is strategically located on the highly-travelled Highway 160 corridor just west of I-77, the main thoroughfare into downtown Charlotte. PAC acquired this asset through its wholly-owned subsidiary…

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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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