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PAC Picks Up Kroger-Anchored Shopping Center in Suburban Atlanta

Reaches Deal with Madison Retail for Royal Lakes Marketplace
By Barry Leithead
September 8, 2015 | 9:02 P.M.

Atlanta-based Preferred Apartment Communities (NYSE: APTS) boosted its local retail holdings with the acquisition of Royal Lakes Marketplace at 4009-4049 Winder Hwy. in Flowery Branch, GA from Madison Retail. Terms of the deal were not disclosed.

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