The Blog

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.

Midwest Retail Properties (“MRP”) is excited to announce a new 10-year lease with Burkes Outlet for 18,000 square feet in Pleasanton, Texas. This property is currently occupied by national credit tenant Tractor Supply. Pleasanton, Texas is located approximately 35 minutes from downtown San Antonio and is the county seat of Atascosa County. Pleasanton is the primary retail destination for the entire county – with a current county population of more than 50,000.

MRP recently sold a retail pad site in front of the shopping center to a Starbucks Developer. This project is expected to be completed in Spring 2021.

Midwest Retail Properties (“MRP”) is a St. Louis-based private equity real estate firm that owns and manages Walmart-Anchored Shadow Centers in secondary and tertiary locations nationwide. MRP’s current portfolio is comprised of over 1 million square feet of retail space across 15 states. Additional information can be found at www.mrpstl.com. 

About Burkes Outlet/Bealls Outlet: Bealls Inc, headquartered in Bradenton, Florida since 1915, is a  family-owned corporation operating more than 540 retail stores in 18 states under the names Bealls, Bealls Outlet, Burkes Outlet, and Home Centric and online at beallsflorida.com beallsoutlet.com and burkesoutlet.com. The privately held company has been owned and operated by the founding family for over 100 years. To learn more about Bealls, Inc, please visit www.beallsinc.com.

MRP is pleased to present Samantha Gauch as the newest member of the team in her role as Director of Asset Management. Ms. Gauch brings over a decade of Real Estate experience with an emphasis in Asset Management. Since 2008, she has been involved in many facets of the commercial real estate business such as: asset management, property management, acquisitions, and development. She has cumulatively overseen more than $2 Billion in asset value totaling over 15 million square feet across the United States.

In 2015, Samantha was nominated and awarded by the St. Louis Business Journal with the 30 Under 30 award. She is a member of The Building Owners and Managers Association (BOMA), Commercial Real Estate Women (CREW), International Council of Shopping Centers (ICSC), Institute of Real Estate Management (IREM) and serves on the Customer Experience Advisory Board for Missouri State University.

MRP is excited to welcome Samantha to the team and eager to see all she will accomplish in her new role!