The Blog
The Blog
March 2021 Newsletter
March 2021 Newsletter
1.58 Million
Square foot under management
38
Walmart-Anchored Shopping Cetners
17
States Represented
MRP Acquires 9 Walmart-Anchored Shopping Centers
MRP Capital Group announces the acquisition of 9 Walmart-Anchored Shopping Centers – adding more than 310,000 square-feet to their portfolio. These properties possess a strong tenant line-up with more than 75% of the square footage leased by national credit tenants. MRP Capital Group is excited to be expanding their footprint with first time property purchases in Tennessee and Louisiana.
MRP’s robust infrastructure is singularly focused on operating a portfolio of Walmart-Anchored Shopping Centers. The team has an institutional approach that unlocks value others cannot. With the addition of these properties, MRP Capital Group now manages over 1.5 million square-feet of retail space across 17 states.
Property Details
Download the property detail to take a closer look at MRP’s newest Walmart-Anchored Shopping Centers.
Leasing Activity
- T-Mobile | Cambridge, OH
- Sally Beauty | Jacksonville, AL | Extension
- Continental Home Rental | Houghton Lake, MI | New Lease
- Factory Connection | Fayetteville, WV | Extension
Acquisitions
- MRP Cleveland, LLC
- MRP Farmerville, LLC
- MRP Forest, LLC
- MRP Kilgore, LLC
- MRP Milledgeville, LLC
- MRP Newport, LLC
- MRP Ruston, LLC
- MRP St. Mary’s, LLC
- MRP Washington
MRP Acquires 9 Walmart-Anchored Shopping Centers
MRP Acquires 9 Walmart-Anchored Shopping Centers
MRP Capital Group announces the acquisition of 9 Walmart-Anchored Shopping Centers – adding more than 310,000 square-feet to their portfolio. These properties possess a strong tenant line-up with more than 75% of the square footage leased by national credit tenants. MRP Capital Group is excited to be expanding their footprint with first time property purchases in Tennessee and Louisiana.
MRP’s robust infrastructure is singularly focused on operating a portfolio of Walmart-Anchored Shopping Centers. The team has an institutional approach that unlocks value others cannot. With the addition of these properties, MRP Capital Group now manages over 1.5 million square-feet of retail space across 17 states.
Watch Webinar With Placer.ai
Watch Webinar With Placer.ai
Recorded Date
Tuesday | March 9th | 12pm EST
Check out MRP Capital Group in this deep dive webinar on migration patterns!
Join us at Placer.ai’s Cities & Suburbs Webinar where MRP Capital Group’s President, Jordan Breck, will be commenting on current migration trends and breaking down the changing distribution between cities and suburbs.
Together with Placer.ai, MRP will dive into the potential impact on the wider retail landscape while also breaking down the potential effects on commercial, office, and residential real estate.
About The Webinar
In this webinar, we will leverage Placer.ai’s new migration analysis tools and other location analytics to break down the changing distribution between cities and suburbs.
We will dive into the potential impact on the wider retail landscape while also breaking down the potential effects on commercial, office, and residential real estate.
About Placer.ai
Placer.ai is an analytics technology that allows users to get accurate foot-traffic counts, dwell time, demographics and much more! The Placer.ai dashboard provides insights into audiences and competition allowing for discovery of new business opportunities.
MRP Capital Group uses Placer.ai to gain insight into the strength of certain Walmart Supercenters across the country and analyze consumer foot traffic patterns for major retail tenants within the Walmart-Anchored Shopping Center portfolio.
February 2021 Newsletter
February 2021 Newsletter
2020 Performance Report
In case you missed it! Check out the performance of our Walmart-Anchored Shopping Center portfolio throughout 2020.
MRP Capital Group: New Hires
Scott Hall
CFO
AJ Anthon
Leasing Associate
Trinity Heintz
Marketing Associate
Strategy Overview
We’ve been asked – Why Walmart? Read this short overview on why Walmart is the anchor retailer of choice. This overview dives into Walmart’s performance pre-COVID and during.
Leasing Activities
New Lease: Goodwill | Logan, OH | 7 Years
Extension: Smoker Friendly | Summersville, WV | 3 years
Extension: Shoe Show | Houghton Lake, MI | 3 years
Extension: GameStop | Summersville, WV | 1 year
Extension: Dollar Tree | Fayetteville, WV | 5 years
Midwest Retail Properties is now MRP Capital Group
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.
Categories
Recent Posts
MRP Director of Leasing and Pulse Ratings CEO Discuss MRP Capital Group’s National Credit Tenants
MRP Director of Leasing and Pulse Ratings CEO Discuss MRP Capital Group’s National Credit Tenants
Watch the highlights of this deep dive with Pulse Ratings CEO, Dennis Cantalupo, and MRP Director of Leasing, John Cusumano. They discuss national credit tenants within MRP’s portfolio. They take a closer look at Dollar Tree, Hibbett Sports, and & Rent-A-Center – looking at their performance throughout COVID and their expansion plans in 2021!
March 2021 Newsletter
March 2021 Newsletter
1.58 Million
Square foot under management
38
Walmart-Anchored Shopping Cetners
17
States Represented
MRP Acquires 9 Walmart-Anchored Shopping Centers
MRP Capital Group announces the acquisition of 9 Walmart-Anchored Shopping Centers – adding more than 310,000 square-feet to their portfolio. These properties possess a strong tenant line-up with more than 75% of the square footage leased by national credit tenants. MRP Capital Group is excited to be expanding their footprint with first time property purchases in Tennessee and Louisiana.
MRP’s robust infrastructure is singularly focused on operating a portfolio of Walmart-Anchored Shopping Centers. The team has an institutional approach that unlocks value others cannot. With the addition of these properties, MRP Capital Group now manages over 1.5 million square-feet of retail space across 17 states.
Property Details
Download the property detail to take a closer look at MRP’s newest Walmart-Anchored Shopping Centers.
Leasing Activity
- T-Mobile | Cambridge, OH
- Sally Beauty | Jacksonville, AL | Extension
- Continental Home Rental | Houghton Lake, MI | New Lease
- Factory Connection | Fayetteville, WV | Extension
Acquisitions
- MRP Cleveland, LLC
- MRP Farmerville, LLC
- MRP Forest, LLC
- MRP Kilgore, LLC
- MRP Milledgeville, LLC
- MRP Newport, LLC
- MRP Ruston, LLC
- MRP St. Mary’s, LLC
- MRP Washington
MRP Acquires 9 Walmart-Anchored Shopping Centers
MRP Acquires 9 Walmart-Anchored Shopping Centers
MRP Capital Group announces the acquisition of 9 Walmart-Anchored Shopping Centers – adding more than 310,000 square-feet to their portfolio. These properties possess a strong tenant line-up with more than 75% of the square footage leased by national credit tenants. MRP Capital Group is excited to be expanding their footprint with first time property purchases in Tennessee and Louisiana.
MRP’s robust infrastructure is singularly focused on operating a portfolio of Walmart-Anchored Shopping Centers. The team has an institutional approach that unlocks value others cannot. With the addition of these properties, MRP Capital Group now manages over 1.5 million square-feet of retail space across 17 states.
Watch Webinar With Placer.ai
Watch Webinar With Placer.ai
Recorded Date
Tuesday | March 9th | 12pm EST
Check out MRP Capital Group in this deep dive webinar on migration patterns!
Join us at Placer.ai’s Cities & Suburbs Webinar where MRP Capital Group’s President, Jordan Breck, will be commenting on current migration trends and breaking down the changing distribution between cities and suburbs.
Together with Placer.ai, MRP will dive into the potential impact on the wider retail landscape while also breaking down the potential effects on commercial, office, and residential real estate.
About The Webinar
In this webinar, we will leverage Placer.ai’s new migration analysis tools and other location analytics to break down the changing distribution between cities and suburbs.
We will dive into the potential impact on the wider retail landscape while also breaking down the potential effects on commercial, office, and residential real estate.
About Placer.ai
Placer.ai is an analytics technology that allows users to get accurate foot-traffic counts, dwell time, demographics and much more! The Placer.ai dashboard provides insights into audiences and competition allowing for discovery of new business opportunities.
MRP Capital Group uses Placer.ai to gain insight into the strength of certain Walmart Supercenters across the country and analyze consumer foot traffic patterns for major retail tenants within the Walmart-Anchored Shopping Center portfolio.
February 2021 Newsletter
February 2021 Newsletter
2020 Performance Report
In case you missed it! Check out the performance of our Walmart-Anchored Shopping Center portfolio throughout 2020.
MRP Capital Group: New Hires
Scott Hall
CFO
AJ Anthon
Leasing Associate
Trinity Heintz
Marketing Associate
Strategy Overview
We’ve been asked – Why Walmart? Read this short overview on why Walmart is the anchor retailer of choice. This overview dives into Walmart’s performance pre-COVID and during.
Leasing Activities
New Lease: Goodwill | Logan, OH | 7 Years
Extension: Smoker Friendly | Summersville, WV | 3 years
Extension: Shoe Show | Houghton Lake, MI | 3 years
Extension: GameStop | Summersville, WV | 1 year
Extension: Dollar Tree | Fayetteville, WV | 5 years
Midwest Retail Properties is now MRP Capital Group
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.