MRP Capital Group (“MRP”), formally Midwest Retail Properties, is excited to announce a change in name. The change was brought about by the company’s continued growth and the evolution of their Walmart-Anchored Shopping Center thesis.
Since their inception in 2013, MRP Capital Group has extended its footprint throughout the United States, no longer strictly buying and owning commercial real estate in the Midwest. MRP Capital Group has broken the retail asset class mold by buying Walmart-Anchored Shopping Centers in secondary and tertiary markets. The shopping centers are service based destinations in small towns and are the go-to location for doctors, gyms, and local restaurants alike.
With growth in mind, MRP Capital Group better reflects the company’s proven strategy to capitalize on their target market and the future direction of the organization.