In the News


May 31, 2017

Experts at ICSC’s RECon Say It’s All About Fitness, Beauty, Food and Service

GLOBEST.COM LAS VEGAS—GlobeSt.com caught up Monday evening of ICSC RECon’s event with Donahue Schriber Realty Group at the Mandarin Bar at the Mandarin Oriental hotel. The firm tells GlobeSt.com that the fundamentals in retail remain strong. “Donahue Schriber is very pleased with the continued activity that we see in the sectors where we do business: food, fitness, beauty, and service,” they tell GlobeSt.com. Those thoughts also resonated with many other individuals we spoke to at the conference. For example, the…

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May 25, 2017

Real Capital Markets: Grocery-anchored centers continue to thrive

REJOURNALS.COM The retail sector is facing plenty of challenges, with online sales biting into the profits of brick-and-mortar retailers. But there is one traditional retail sector that continues to thrive today: retail centers anchored by grocery tenants. That’s one of the key findings from Real Capital Markets’ May 2017 Retail Sentiment Report. According to the report, investors remain high on anchored shopping centers, which they continue to view as the most attractive retail investment opportunity. Real Capital Markets reports that…

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Apr 24, 2017

New Market Properties, LLC Acquires Grocery-Anchored Shopping Center at Castleberry-Southard

PRNEWSWIRE Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced the acquisition on April 21, 2017 of Castleberry-Southard, a 80,018 square foot shopping center located in the Atlanta, GA MSA and anchored by a 45,600 square foot Publix grocery store.  Castleberry-Southard is located in Forsyth County, the 11th fastest growing county in the U.S., and is located off of Georgia 400 at the intersection of Castleberry Road and Bethelview Road. PAC acquired this asset through its wholly-owned…

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