Midland Atlantic buys Oshkosh center
Cincinnati-based Midland Atlantic Properties has acquired Oskosh Center II for $10.25 million.
The 107,456 sq. ft. property is headlined by Office Max and Pick ‘n Save and shadows a nearby Target location on 20th Avenue and Koeller Street in Oshkosh, Wis.
The center fit Midland Atlantic’s investment criteria, which favor grocery- and shadow-anchored centers in the Midwest, Mid-Atlantic, and Southeast selling for between $3 and $30 million. The company manages a 50-property portfolio.
The seller, Marlin Properties, was represented by Mid-America Real Estate’s Rick Drogosz, Dan Rosenfeld, and Carly Gallagher in the transaction.