REAL ESTATE

Midland Atlantic buys Oshkosh center

BY Al Urbanski

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.

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