Midwest Retail Properties Is Now MRP Capital Group

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

MRP Capital Group (formally Midwest Retail Properties) 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.