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 →

      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 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 is pleased to announce the addition of Morgan Hayes to the team as Development & Brokerage Assistant. The addition of Morgan to the Indianapolis office is instrumental in keeping stride with the growth in both our development and brokerage divisions.  With over four years of experience in asset management at Cushman & Wakefield, Morgan will assist both divisions to allow for improved service of new & existing brokerage clients as well as contributing to new development growth opportunities. Morgan Hayes is a Ball State University graduate and a licensed Indiana Real Estate Broker. She is actively involved in Indy REAL as well as many non-profits including Big Brothers and Big Sisters of ... Read more →

      Indianapolis, IN - Midland Atlantic Properties is pleased to announce the addition of Jacque Haynes, CCIM to its team. As a designated CCIM (Certified Commercial Investment Member) with 30 years in the business, Jacque will boost the productivity and effectiveness of all Midland Atlantic’s efforts. Prior to joining Midland Atlantic Properties, Jacque was Senior Director at Cushman & Wakefield for 9 years.  With a comprehensive understanding of retail development, leasing, and asset management as well as property acquisition and disposition, Jacque has created value for national and local developers, institutions and private... Read more →

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 →

Pavilion at Castleton Sold - Midland Atlantic Properties Represents Landlord in Transaction Indianapolis, IN – Jeff Hubley and Shawn Heffern of Midland Atlantic Properties recently acted as the broker in the sale of Pavilion at Castleton. The 37,600 square foot shopping center, located at 5899-5999 East 86th Street, Indianapolis, IN, was sold by Stough Associates for $2,450,000.  The buyer, Make Others Great, was represented by Matt Jackson of Jackson IG.   Midland Atlantic Properties Represents Landlord in Sale of Mooresville Town Center Mooresville, IN – Agora Leasing & Management, LLC purchased Mooresville Town Center for $2,648,000.00. The 30,000 square foot center is located at 439 – 477 Tow... Read more →

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 →

More retail is in the works for the Anson development in Whitestown. Midland Atlantic Development Co. LLC has filed plans for four retail buildings on a 6.4 acre property near the northeast corner of Whitestown Parkway and Perry Worth Road, along Interstate 65. The project could cost $13 million to $15 million, according to managing principal Aaron Boyle. The exact size of each building has not been determined, but the total project could add up to 30,000 square feet. “We are in discussions with multiple restaurant operators and retailers, and since the site is right off of I-65, we expect restaurants to be the predominant use,” Boyle said in an email. No tenants have been identified yet.  Click here to rea... Read more →

Cincinnati, Ohio - Midland Atlantic Properties is pleased to announce the acquisition of three dominant anchored shopping centers. All three property transactions closed within the first 2 months of 2016.     Midland Atlantic Properties acquired Troy Towne Center, a 144,000 square foot center anchored by Kohl’s, Petco and Dollar Tree. The center is located in Troy, Ohio, a strong regional retail hub located approximately 20 miles north of Dayton.  The project is shadow anchored by a Walmart Supercenter and it is surrounded by numerous retail outparcels. Other tenants at Troy Towne Center include Shoe Carnival, Sleep Outfitters, Verizon and numerous national and regional small shop retailers. Midland Atlantic wi... Read more →