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New Market Properties

Full company profile

uuid0028yzn

Namestring
New Market Properties
Websiteurl
newmarketprop.com
Company typeenum
Private
Founded yearint
2014
Short descriptiontext

New Market Properties is a privately held, Atlanta-based real estate operator founded in 2014 that owns and operates grocery-anchored shopping centers, serving supermarket and in-line retail tenants in a regional, necessity-based retail format.

Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersAtlanta, United States
HQ citystring
Atlanta
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
grocery-anchored retail, shopping center operations, commercial real estate, retail property management, open-air shopping centers
Industry1 code
1Retail Brokerage
CodeBPAJABABPrimaryYes
Product category
Commercial Real Estate — Grocery-Anchored Shopping Centers
Cost components4 values
Operations, Personnel, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

New Market Properties owns and operates grocery-anchored shopping centers in the United States. The company leases space within these retail centers to grocery operators and complementary retail tenants, generating rental income from its commercial real estate portfolio. Operations are based in Atlanta, Georgia, and the firm was founded in 2014.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Grocery-anchored shopping centers
CategoryCommercial Real Estate
Description

Physically owned and managed grocery-anchored shopping centers leased to grocery operators and complementary retail tenants; for grocery retailers, specialty retail tenants, and service businesses seeking in-line or anchor space in necessity-based retail locations.

No data
Peers8 records
1Regency Centers
TypeDirect peer
Description

A publicly traded REIT focused exclusively on owning and operating grocery-anchored shopping centers across the U.S. Regency is the gold-standard public-market operator of the exact same asset class New Market Properties pursues, making it the single most direct comparable.

2InvenTrust Properties Corp
TypeDirect peer
Description

A publicly traded, multi-tenant retail REIT that focuses on grocery-anchored shopping centers in select growth markets. Its core-plus strategy of necessity-based retail is highly comparable to NMP's described focus.

3RPT Realty
TypeBroad incumbent
Description

A publicly traded REIT that owns and operates grocery-anchored shopping centers, primarily in the Sunbelt. Its necessity-based tenant focus and Sunbelt concentration make it a regional-market comparable to NMP.

4Kimco Realty
TypeDirect peer
Description

The largest publicly traded owner of open-air shopping centers in the U.S. following its acquisition of Weingarten. Kimco's grocery-anchored focus, Sunbelt market emphasis, and platform scale make it a direct competitor for both tenants and acquisition targets.

5Phillips Edison & Company
TypeDirect peer
Description

A publicly traded REIT that owns and operates grocery-anchored 'neighborhood' shopping centers. Phillips Edison's necessity-based retail strategy, Sunbelt skew, and middle-market tenant mix parallel NMP's described focus.

6Brixmor Property Group
TypeDirect peer
Description

One of the largest publicly traded owners of open-air shopping centers in the U.S., with a heavily grocery-anchored portfolio. Brixmor competes directly for the same anchor tenants, secondary-market demographics, and leasing economics that NMP targets.

7Kite Realty Group
TypeBroad incumbent
Description

A publicly traded shopping center REIT with a grocery-anchored, open-air portfolio concentrated in the Sunbelt. While currently being acquired by Healthpeak Properties, Kite was a long-standing direct competitor for grocery-anchored assets in NMP's Atlanta backyard.

8Federal Realty Investment Trust
TypeDirect peer
Description

A long-running publicly traded REIT that owns and operates high-quality grocery-anchored shopping centers and mixed-use destinations. FRT's model of long-term ownership, curated tenant mix, and grocery-anchored stability closely parallels NMP's strategy at the institutional scale.

Market position
Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

New Market Properties

Commercial Real Estate — Grocery-Anchored Shopping Centersnewmarketprop.com

New Market Properties is a privately held, Atlanta-based real estate operator founded in 2014 that owns and operates grocery-anchored shopping centers, serving supermarket and in-line retail tenants in a regional, necessity-based retail format.

New Market Properties firmographics

Firmographics
Name
New Market Properties
Website
https://newmarketprop.com
Company type
Private
Founded year
2014
Headcount range
11–50 employees
Short description
New Market Properties is a privately held, Atlanta-based real estate operator founded in 2014 that owns and operates grocery-anchored shopping centers, serving supermarket and in-line retail tenants in a regional, necessity-based retail format.
Ownership category
akta.pro rank

New Market Properties industry classification

Industry
Product category
Commercial Real Estate — Grocery-Anchored Shopping Centers
akta.pro primary industry
Retail Brokerage (BPAJABAB)

Keywords

  • Grocery-anchored retail
  • Shopping center operations
  • Commercial real estate
  • Retail property management
  • Open-air shopping centers

Where New Market Properties is headquartered

Location

Headquarters

HQ city
Atlanta
HQ country
United States
HQ region
North America

Markets served

New Market Properties business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Operations, Personnel, Infrastructure, Marketing or Sales

New Market Properties product offering

Product offering

Core offering

New Market Properties owns and operates grocery-anchored shopping centers in the United States. The company leases space within these retail centers to grocery operators and complementary retail tenants, generating rental income from its commercial real estate portfolio. Operations are based in Atlanta, Georgia, and the firm was founded in 2014.

Differentiator

Problem solved

Functional benefit

Products and services

  • Grocery-anchored shopping centers Physically owned and managed grocery-anchored shopping centers leased to grocery operators and complementary retail tenants; for grocery retailers, specialty retail tenants, and service businesses seeking in-line or anchor space in necessity-based retail locations.

Companies that use New Market Properties

Customer profile

Ideal customer profiles1 record

New Market Properties technology and API

Technology

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

New Market Properties competitors and assessment

Company assessment

Direct peers

  • Regency Centers: A publicly traded REIT focused exclusively on owning and operating grocery-anchored shopping centers across the U.S. Regency is the gold-standard public-market operator of the exact same asset class New Market Properties pursues, making it the single most direct comparable.
  • InvenTrust Properties Corp: A publicly traded, multi-tenant retail REIT that focuses on grocery-anchored shopping centers in select growth markets. Its core-plus strategy of necessity-based retail is highly comparable to NMP's described focus.
  • Kimco Realty: The largest publicly traded owner of open-air shopping centers in the U.S. following its acquisition of Weingarten. Kimco's grocery-anchored focus, Sunbelt market emphasis, and platform scale make it a direct competitor for both tenants and acquisition targets.
  • Phillips Edison & Company: A publicly traded REIT that owns and operates grocery-anchored 'neighborhood' shopping centers. Phillips Edison's necessity-based retail strategy, Sunbelt skew, and middle-market tenant mix parallel NMP's described focus.
  • Brixmor Property Group: One of the largest publicly traded owners of open-air shopping centers in the U.S., with a heavily grocery-anchored portfolio. Brixmor competes directly for the same anchor tenants, secondary-market demographics, and leasing economics that NMP targets.
  • Federal Realty Investment Trust: A long-running publicly traded REIT that owns and operates high-quality grocery-anchored shopping centers and mixed-use destinations. FRT's model of long-term ownership, curated tenant mix, and grocery-anchored stability closely parallels NMP's strategy at the institutional scale.

Broad incumbents

  • RPT Realty: A publicly traded REIT that owns and operates grocery-anchored shopping centers, primarily in the Sunbelt. Its necessity-based tenant focus and Sunbelt concentration make it a regional-market comparable to NMP.
  • Kite Realty Group: A publicly traded shopping center REIT with a grocery-anchored, open-air portfolio concentrated in the Sunbelt. While currently being acquired by Healthpeak Properties, Kite was a long-standing direct competitor for grocery-anchored assets in NMP's Atlanta backyard.

Market position

Customer concentration

New Market Properties social profiles

Digital presence

New Market Properties financial estimates

Financial estimate

Revenue estimate

Valuation estimate

New Market Properties leadership team

Management profile

Number of profiles

New Market Properties funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

New Market Properties M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Market Properties

What does New Market Properties do?

New Market Properties owns and operates grocery-anchored shopping centers in the United States. The company leases space within these retail centers to grocery operators and complementary retail tenants, generating rental income from its commercial real estate portfolio. Operations are based in Atlanta, Georgia, and the firm was founded in 2014.

When was New Market Properties founded?

New Market Properties was founded in 2014. It employs 11 to 50 people.

Where is New Market Properties based?

New Market Properties is headquartered in Atlanta, United States, in the North America region.

Who are New Market Properties's main competitors?

Direct peers on record are Regency Centers, InvenTrust Properties Corp, Kimco Realty, Phillips Edison & Company, Brixmor Property Group and Federal Realty Investment Trust. Broad incumbents are RPT Realty and Kite Realty Group.

Does New Market Properties have an API?

No public API is recorded for New Market Properties.

What industry is New Market Properties in?

New Market Properties's product category is Commercial Real Estate — Grocery-Anchored Shopping Centers. Its primary akta.pro industry code is BPAJABAB, Retail Brokerage.

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Live signals
PR NewswirePreferred Apartment Communities, Inc. Announces Acquisition of a Grocery-Anchored Shopping Center Through its Subsidiary, New Market Properties, LLCPreferred Apartment Communities, Inc. announced the acquisition of Midway Market, an 85,599 square foot grocery-anchored shopping center in Dallas, Texas, through its wholly-owned subsidiary New Market Properties, LLC. The all-cash purchase was completed at a Kroger-anchored location with strong demographics including a three-mile population of 145,581 and average household incomes exceeding $98,000. The acquisition expands PAC's portfolio to 54 grocery-anchored centers consistent with its strategy to grow in suburban Sunbelt and Mid-Atlantic markets.PR NewswirePreferred Apartment Communities, Inc. Announces Acquisition of a Grocery-Anchored Shopping Center Through its Subsidiary, New Market Properties, LLCPreferred Apartment Communities, Inc. announced the acquisition of Wakefield Crossing, a 75,927 square foot grocery-anchored shopping center in Raleigh, North Carolina, through its wholly owned subsidiary New Market Properties, LLC. The center is anchored by Food Lion, the top market share grocer in the Raleigh market, and represents New Market Properties' third shopping center in the Raleigh MSA, bringing its total portfolio to 53 grocery-anchored centers. PAC financed the acquisition with a first mortgage loan from Aegon Life Insurance Company, and the investment aligns with the company's strategy of acquiring well-positioned grocery-anchored centers in suburban Sunbelt and Mid-Atlantic markets.PR NewswirePreferred Apartment Communities, Inc. Announces Acquisition of a Grocery-Anchored Shopping Center Through its Subsidiary, New Market Properties, LLCPreferred Apartment Communities, Inc. announced it made an approximately 92.5% equity investment in a joint venture with Harbour Retail Partners to acquire the Hanover Shopping Center, a grocery-anchored shopping center in Wilmington, North Carolina. The 305,346 square foot shopping center is anchored by Harris Teeter, spans the dominant Oleander Drive retail corridor, and is located in a high barrier-to-entry market. This acquisition represents PAC's fourth asset in North Carolina through its subsidiary New Market Properties, LLC, expanding its portfolio of grocery-anchored centers to 52 properties across nine states.PR NewswirePreferred Apartment Communities, Inc. Announces Acquisition of Two Grocery-Anchored Shopping Centers Through its Wholly-Owned Indirect Subsidiary, New Market Properties, LLCPreferred Apartment Communities, Inc. announced the acquisition of two Publix-anchored shopping centers (Disston Plaza in St. Petersburg and Polo Grounds Mall in West Palm Beach, Florida) through its wholly-owned subsidiary New Market Properties, LLC. The acquisitions were financed with separate first mortgage loans from Thrivent Financial and expand New Market's portfolio to 49 grocery-anchored shopping centers across nine states, with 25 now being Publix-anchored.PR NewswirePreferred Apartment Communities, Inc. Announces Acquisition of a Grocery-Anchored Shopping Center Through its Wholly-Owned Indirect Subsidiary, New Market Properties, LLCPreferred Apartment Communities, Inc. acquired Free State, a 264,152 square foot grocery-anchored shopping center in Bowie, Maryland, through its wholly-owned subsidiary New Market Properties, LLC for all cash. The acquisition marks PAC's entry into the Washington, DC metropolitan market and expands New Market's portfolio to 47 grocery-anchored shopping centers across nine states, with Giant Food serving as the anchor tenant alongside TJ Maxx, Ross, and Tuesday Morning. The property features strong demographics with a three-mile population of 52,000 residents and average household incomes exceeding $135,000.PR NewswirePreferred Apartment Communities, Inc. Announces Acquisition of a Grocery-Anchored Shopping Center Through its Wholly-Owned Indirect Subsidiary, New Market Properties, LLCPreferred Apartment Communities, Inc. announced the acquisition of Gayton Crossing, a 158,317 square foot grocery-anchored shopping center in Richmond, Virginia, through its wholly-owned subsidiary New Market Properties, LLC. The center is anchored by a Kroger grocery store and sees traffic exceeding 36,000 cars per day. The transaction was financed with a non-recourse first mortgage loan from Nationwide Life Insurance Company and increases the company's portfolio to 46 grocery-anchored shopping centers across eight states.PR NewswirePreferred Apartment Communities, Inc. Announces Acquisition of a Grocery-Anchored Shopping Center Through its Wholly-Owned Indirect Subsidiary, New Market Properties, LLCPreferred Apartment Communities, Inc. acquired Hollymead Town Center, a grocery-anchored shopping center in Charlottesville, Virginia, through its subsidiary New Market Properties, LLC. The $27.3 million transaction was financed via a 10-year non-recourse mortgage from Aegon and adds Target and Harris Teeter as key anchors to the company's portfolio.PR NewswirePreferred Apartment Communities, Inc. Announces Acquisition of a Grocery-Anchored Shopping Center Through its Wholly-Owned Subsidiary, New Market Properties, LLCPreferred Apartment Communities, Inc. (PAC) acquired Brawley Commons, a 122,028 square foot grocery-anchored shopping center in the Charlotte, North Carolina MSA, on July 6, 2018, through its wholly-owned subsidiary New Market Properties, LLC. The property is anchored by a 49,098 square foot Publix grocery store and was financed with an $18.5 million non-recourse first mortgage loan from Nationwide at a fixed rate of 4.40% for 10 years. This acquisition expands PAC's portfolio to 44 grocery-anchored shopping centers across seven Sunbelt states and marks its second asset in the Charlotte market.PR NewswirePreferred Apartment Communities, Inc. Announces Acquisition of Two Grocery-Anchored Shopping Centers Through its Wholly-Owned Subsidiary, New Market Properties, LLCPreferred Apartment Communities, Inc. acquired two grocery-anchored shopping centers on April 27, 2018 through its wholly-owned subsidiary New Market Properties, LLC. The properties, Governors Towne Square in Acworth, Georgia and Greensboro Village in Gallatin, Tennessee, have a combined 139,000 square feet and are anchored by Publix grocery stores totaling over 90,000 square feet. The all-cash acquisition increases the company's portfolio to 41 grocery-anchored shopping centers across seven Sunbelt states.PR NewswirePreferred Apartment Communities, Inc. Announces Acquisition of a Grocery-Anchored Shopping Center Through its Wholly-Owned Subsidiary, New Market Properties, LLCPreferred Apartment Communities, Inc. announced on December 5, 2017 that it acquired Crossroads Market, a 126,895 square foot, 98% leased shopping center in Naples, Florida, anchored by a 55,999 square foot Publix grocery store, through its subsidiary New Market Properties, LLC. The company financed the purchase with a $19.0 million non-recourse first mortgage loan at 3.95% for 12 years. The deal brings New Market's retail portfolio to 39 grocery-anchored centers across seven Sunbelt states.