New Market Properties LLC
PAC Lands SC Shopping Center
The corporation acquired Irmo Station in Columbia, S.C., through a subsidiary, using a $10.7 million mortgage loan. A Kroger grocery store anchors the 99,000-square-foot retail asset.
Retail Outlook Not So Dire
The retail picture is not as dark as you think, according to a panel at the NAREE Real Estate Journalism Conference. Evolution is bringing new life to empty sites.
PAC Nabs GA Grocery-Anchored Shopping Center
The company’s wholly owned subsidiary, New Market Properties LLC, purchased Rockbridge Village, a roughly 102,432-square-foot retail center in Stone Mountain, Ga.
PAC Nabs Atlanta-Area Retail Center
The company acquired an 80,018-square-foot shopping center anchored by a 45,600-square-foot Publix grocery store. PAC financed the acquisition utilizing a $11.5 million non-recourse first mortgage loan.
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