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New Market Properties Picks Up Third Raleigh-Area Shopping Center

Atlanta REIT Subsidiary Buys Wakefield Crossing
Wakefield Crossing is anchored by Food Lion. (CoStar)
Wakefield Crossing is anchored by Food Lion. (CoStar)
By Kaden Wuchner
CoStar Research
January 31, 2020 | 8:00 P.M.

New Market Properties, a wholly owned subsidiary of Atlanta real estate investment trust Preferred Apartment Communities, has bolstered its Raleigh, North Carolina-area shopping center portfolio with its latest purchase.

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