Midwest Retail Properties
Midwest Retail Properties (MRP) is a St. Louis-based private equity real estate firm specializing in Walmart-anchored shadow centers across small-town America, consisting of approximately 2.6 million square feet across 100 properties in 26 states. By focusing on the daily needs of these communities, MRP has positioned itself as the largest owner in this niche market, enabling brands to successfully scale in small towns.
With a dedicated team leveraging extensive data and experience gained over 15 years, MRP is committed to enhancing the shopping experience in these areas by revitalizing overlooked properties. Their practical and somewhat unconventional approach has transformed the asset class into a vital hub for local necessities and economic resilience.
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