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PAC Subsidiary Scoops 308,000-SF Lakeland Plaza

Grocery-Anchored Shopping Center in Cumming Changes Hands
By Richard Adams
July 20, 2016 | 3:19 P.M.

Lakeland Plaza, a 307,578-square-foot, grocery-anchored retail plaza located at located at 501 Lakeland Rd. in Cumming, GA, has been acquired by Maryland-based Preferred Apartment Communities (NYSE: APTS) subsidiary New Market Properties. Terms of the deal were not disclosed.

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