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Midland Atlantic Properties Acquires Bell Oaks Centre

  Cincinnati, Ohio - Midland Atlantic Properties is pleased to announce the acquisition of Bell Oaks Centre, a Schnucks-anchored shopping center, located in Evansville, Indiana.   Bell Oaks Centre is located in the Evansville suburb of Newburgh. The 94,958 SF shopping center includes a 63,710 SF Schnucks store and numerous national and local shop tenants.   Schnucks is the dominant standard grocer in the market and recently completed an interior renovation which included installing their online ordering and pick-up system.  The shopping center is 98% leased and has a developable parcel.  The project is surrounded by retail outparcels that include several banks, O’Reilly’s Auto Parts and... Read more →

Midland Atlantic Properties Acquires Grocer-Anchored Shopping Center

      Cincinnati, Ohio - Midland Atlantic Properties is pleased to announce a recent shopping center investment.    Midland Atlantic Properties’ affiliated investment fund, Midland-Olympus Strategic Income Fund, closed on the acquisition of The Village Courts shopping center in Lynchburg, Virginia (Central Virginia).   It is a Kroger-anchored property that also includes a two-story retail and office building. The Kroger store has a high sales volume and recently completed a significant interior renovation.   The tenant line-up also includes Snap Fitness, Mi Patron restaurant, an ice cream shop, a hair salon and a nail salon.   Th... Read more →

Midland Atlantic Properties Acquires Target and Pick’n Save Anchored Center

Midland Atlantic Properties is pleased to announce the acquisition of Oshkosh Center II, a 111,606 square foot grocer-anchored shopping center that includes a restaurant outbuilding, located in Oshkosh, Wisconsin. Oshkosh Center II is anchored by a Pick ’n Save grocery store (Kroger owned) and a separately-owned Target.   In addition, the center is occupied by a variety of national and regional tenants, such as Sally Beauty, GNC, Supercuts, Weight Watchers, and Christiano’s Pizza.  The shopping center is located at 1910 South Koeller Street, Oshkosh, Wisconsin, and lies directly off Interstate 41.  The project is well-located in the regional retail corridor and the tenants serve the south portion of Os... Read more →

Midland Atlantic Properties Acquires Two Grocer Anchored Shopping Centers

Midland Atlantic Properties Acquires Two Grocer Anchored Shopping Centers Cincinnati, Ohio - Midland Atlantic Properties is pleased to announce the acquisitions of St. Cloud East shopping center, a Cash Wise (a Coborn’s owned grocer) anchored shopping center, located in St. Cloud, Minnesota, and Shady Springs Plaza, a Kroger anchored shopping center, in Beckley, West Virginia. St. Cloud East shopping center is a 70,900 SF project. The property has two tenants: Cash Wise grocery store and Westside Liquor store. Cash Wise is owned and operated by Coborn's, an employee-owned, multi-state grocer that is based in St. Cloud.  The shopping center is located near downtown St. Cloud at the intersection of two highways and is ... Read more →

Midland Atlantic Properties Acquires Kroger Anchored Shopping Center

Midland Atlantic Properties Acquires Kroger Anchored Shopping Center Cincinnati, Ohio - Midland Atlantic Properties is pleased to announce the acquisition of Thompson Square, a Kroger anchored shopping center, located in Tupelo, Mississippi.   Thompson Square is 69,448 square feet center anchored by Kroger.  Kroger is the dominant grocer in the market and this is a high sales volume store.  The center also includes a Kroger Fuel Center and many national and local tenants including Once Upon A Child, Enterprise Rent-A-Car, Republic Finance, Allstate and others.   The shopping center is located in Tupelo, a regional hub in Northern Mississippi.  Thompson Square is very well located in the city’s p... Read more →