{"id":1004199117,"date":"2017-12-06T00:12:45","date_gmt":"2017-12-06T08:12:45","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004199117"},"modified":"2022-12-08T07:20:28","modified_gmt":"2022-12-08T15:20:28","slug":"pac-expands-shopping-center-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/pac-expands-shopping-center-portfolio\/","title":{"rendered":"PAC Expands Shopping Center Portfolio"},"content":{"rendered":"<p><em>By IvyLee Rosario<\/em><\/p>\n<div id=\"attachment_1004199119\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Roswell-Wieuca-Shopping-Center-Atlanta.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004199119\" data-attachment-id=\"1004199119\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/pac-expands-shopping-center-portfolio\/roswell-wieuca-shopping-center-atlanta\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Roswell-Wieuca-Shopping-Center-Atlanta.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;IvyLee Rosario&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1512390407&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Roswell Wieuca Shopping Center, Atlanta\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Roswell Wieuca Shopping Center, Atlanta&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Roswell-Wieuca-Shopping-Center-Atlanta.jpg?w=800\" class=\"wp-image-1004199119 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Roswell-Wieuca-Shopping-Center-Atlanta.jpg\" alt=\"Roswell Wieuca Shopping Center, Atlanta\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Roswell-Wieuca-Shopping-Center-Atlanta.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Roswell-Wieuca-Shopping-Center-Atlanta.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Roswell-Wieuca-Shopping-Center-Atlanta.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004199119\" class=\"wp-caption-text\">Roswell Wieuca Shopping Center, Atlanta<\/p><\/div>\n<p>Preferred Apartment Communities Inc. has acquired the Roswell Wieuca Shopping Center in Atlanta, through its wholly-owned subsidiary New Market Properties.\u00a0The center was purchased all cash and does not have any mortgage financing.\u00a0<\/p>\n<p>The 74,370-square-foot shopping center is 100 percent leased to a variety of tenants, including ACE Hardware, 521 Kitchen &amp; Que, Goldberg&#8217;s Bagel Co. &amp; Deli Restaurant, Willy&#8217;s Mexicana Grill and\u00a0a 22,921-square-foot Fresh Market grocery store, which anchors the shopping center. The property is located in the submarket of Buckhead and Chastain Park, on the corner of Roswell Road and Wieuca Road.\u00a0<\/p>\n<p><em>&#8220;The acquisition of the Roswell Wieuca Shopping Center increases the size of our retail portfolio to 38 <a href=\"https:\/\/www.commercialsearch.com\/news\/pac-lands-new-retail-deal-in-atlanta\/\">grocery-anchored shopping centers<\/a> across seven Sunbelt states, consistent with our strategy to acquire well-positioned grocery-anchored shopping centers in suburban Sunbelt markets with strong demographics,&#8221;<\/em> said Joel Murphy, president &amp; CEO of New Market, in prepared remarks.\u00a0\u00a0<\/p>\n<p><em>Image courtesy of Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 74,370-square-foot Roswell Wieuca is 100 percent leased to a variety of tenants. The purchase marks PAC&#8217;s 38th grocery-anchored acquisition across seven Sunbelt states.<\/p>\n","protected":false},"author":746,"featured_media":1004199119,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21743,21742,21749],"tags":[38387,35188,33087],"class_list":["post-1004199117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-deals","category-latest","category-retail","tag-joel-murphy","tag-new-market-properties-llc","tag-preferred-apartment-communities-inc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>PAC Expands Shopping Center Portfolio - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/pac-expands-shopping-center-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PAC Expands Shopping Center Portfolio\" \/>\n<meta property=\"og:description\" content=\"The 74,370-square-foot Roswell Wieuca is 100 percent leased to a variety of tenants. 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