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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 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 →