Midwest Retail Properties Signs 10-Year Lease with Burkes Outlet in Texas

ST. LOUIS--(BUSINESS WIRE)--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.