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 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 →
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 →
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 →
Fishers, Indiana – Midland Atlantic Properties is pleased to announce that construction has completed at Deer Creek Shoppes and it is fully leased. The tenants include, Arby’s and Classic Cleaners, which are open for business, Which Which Superior Sandwiches, with a grand opening the week of January 18th, and The Sleep Shop, which plans on opening the first of February.
This 7,500 square foot retail center, developed by Midland Atlantic Properties in 2015, is located in one of Central Indiana’s most sought after trade areas. The site, adjacent to Hamilton Town Center and Saxony, offers excellent visibility and easy access from I-69, Olio Road and State Road 238 (Campus Parkway), in Fishers, IN.
Patrick Boyle and... Read more →
Fishers, Indiana – Midland Atlantic Properties is pleased to announce the ground lease of 1.6 Acres to Chick-fil-A. Midland Atlantic was represented in house by Jeff Hubley and Patrick Boyle. Chick-fil-A was represented by Allison Hawley of Niessink Commercial Real Estate. The new 4,876 square foot location at 14098 Bergen Blvd, Noblesville, IN held a grand opening Nov. 19th.
Chick-fil-A has steadily grown to become the largest quick-service chicken restaurant chain in the United States, based on domestic annual sales with over 1,900 locations in 42 states and Washington, D.C. In 2014, annual sales were nearly $6 billion. Chick-fil-A is still privately held and family owned. With 47 consecutive years of positive sales gro... Read more →
Muncie, Indiana – Built in March 2014, Muncie Marketplace was developed by Midland Atlantic Properties. Fully leased by national credit tenants, Dick’s Sporting Goods, Michaels, Five Below, McAlister’s Deli, Men’s Wearhouse, AT&T and Jersey Mike’s Subs, the development was completed with all tenants opening between Fall 2014 and Spring 2015, then sold to American Realty Capital Partners in June 2015.
The 77,871 square foot retail development offers a superior real estate position. Muncie Marketplace is situated on the primary traffic artery (McGalliard Road) at a signalized intersection (Barr Street) which serves as an entrance to the adjacent Muncie Mall (a Simon owned enclosed mall), Target a... Read more →