Midlantic Files for IPO

Midlantic Office Trust, Rockville, Md., has filed a registration statement with the Securities and Exchange Commission for an initial public offering of $225 million in common stock.The company, which has opted for real estate investment trust status, reports that it will invest in office properties in the mid-Atlantic region consisting of Washington D.C., Virginia, Maryland, Pennsylvania, New Jersey, and Delaware. The properties the REIT is targeting typically have up to 400,000 rentable square feet and are located in suburban markets, Midlantic said. Midlantic's SEC registration statement is not yet effective.