MERCHANTS RETAIL PARTNERS IS AN
INSTITUTIONAL INVESTOR IN RETAIL, MIXED USE, AND NEXT-GENERATION SELF STORAGE

MRP is an owner and operator of institutional real estate, focusing primarily on retail, mixed use, and next-generation self storage, providing best-in-class underwriting, market analysis & void analytics, acquisition, development, repositioning, construction management, leasing, property management, and financial reporting, as well as complex debt and equity restructuring services.

 

MRP combines the size, strength and closing power of its member companies, with the responsiveness of a private firm. Members include Protective Life Insurance Company, a leading provider of life insurance and annuity products with $70.5 billion of assets.

 

Our deep knowledge spans across a full spectrum of investment strategies that include green field development, opportunistic acquisitions, and repositioning plays. We custom tailor every investment to deliver superior ROI’s for our retailers and members.

 

Our management team has a long history of experience, led by a senior executive team that has held key positions with several of the nation’s top performing REIT’s and private development firms. Our team has developed over 20 million square feet of assets worth $4 billion in Texas and the Southeast and Mid-Atlantic states.

 

Over the years, we have had the privilege of working with some of the most revered retailers in America. In fact, MRP’s principals achieved a “Grand Slam” with Target as the only developer in Target’s history to score Perfect Tens on four 500,000 SF developments – a feat no other firm has been able to repeat.

 

INVESTMENT THEMES

        •  Properly Positioned Assets With Unrealized Potential

        •  Underperforming Assets With Operational And Leasing Upside

        •  Investments Yielding A Current Return With A Profit Kicker Opportunity

 

Self Storage Building Outdoor Table with Umbrella

 

GOVERNING INVESTMENT PRINCIPLES governing investment principles

OUR TEAM

With over 100 years of collective experience working in both the public and private real estate capital markets, the MRP management team stands ready to put their expertise to work to create custom-tailored solutions that benefit each partner, tenant and community.

 

William Leitner III Managing Partner – Merchants Retail Partners

 

  In his over 24 years of retail acquisition and development experience, Bill has commanded full responsibility for developing 3.7 million square feet of mixed-use, open-air, grocery, big box and apartment assets. Previously serving as Executive Vice President of Colonial Properties Trust, a $6 billion publicly-traded REIT, he managed six regional offices and 168 employees. While at Colonial, Bill transformed the REIT’s retail division from enclosed mall to a merchant build retail development platform. His developments have earned several awards for design and functionality from the Council of Shopping Centers, won numerous “Best of” Awards from the Birmingham Business Journal and been awarded The Grand Slam from Target Corporation for the perfect execution of four major shopping center deployments in Tennessee and Alabama.   Bill is a graduate of Washington & Lee University and the University of Alabama Law School where he earned a Master of Laws in Taxation (L.L.M.).

 

THE MRP TEAM INCLUDES 14 PROFESSIONALS WITH 100 YEARS OF COLLECTIVE DEVELOPMENT EXPERIENCE SPANNING 38 STATES properties collage

SERVING THE COMMUNITY IS MORE THAN OUR JOB.

IT’S OUR HONOR.

 

At MRP, we believe in supporting the communities that support us so passionately. We call it the MRP Purpose and it is our promise to help promote prosperity and enhance lifestyles throughout the communities in which we reside. We don’t do it to promote ourselves. We do it to promote prosperity.

 

horse and buggy actors on stage 30A Songwriters Festival Women drinking wine Horse and Buggy at Night

Since 2009, MRP has contributed and/or raised $3,400,000 for charitable organizations.

 

PERSONAL PURPOSE

 

ORGANIZATIONS WE SUPPORTThe Rotary Club is dedicated to bringing together businesses and professional leaders in order to provide humanitarian services, encourage high ethical standards in all vocations and help build goodwill and peace in the community, and the world.LEARN MOREThe largest voluntary health organization in the United States.LEARN MORESince 2006, Homes for Heroes has been building and modifying homes for veterans injured in the wars in Iraq and Afghanistan completely mortgage-free.LEARN MOREHabitat for Humanity’s vision is a world where everyone has a decent place to live. Their mission is to put God’s love into action by bringing people together to build homes, communities and hope.LEARN MORE Founded in 2005, Destin Charity Wine Auction Foundation (DCWAF) connects wine enthusiasts to world-class wine and culinary events to raise money to benefit children in Northwest Florida. So far, over $8 million has been earned for children’s charities.LEARN MORE  The largest national community-based organization advocating for and serving people with intellectual and developmental disabilities and their families.LEARN MOREThe Florida Guardian ad Litem Program provides a powerful and effective voice on behalf of Florida’s abused, abandoned and neglected children.LEARN MOREH.E.A.R.T. is a non-profit organization dedicated to caring for homeless pets through helping with adoptions from shelters, building community awareness and even fostering and caring for companion animals until loving homes can be found.LEARN MORERelay for Life is an organized, overnight community fundraising walk to raise money and awareness to fight cancer.LEARN MORESmile-A-Mile’s mission is to provide hope, healing of the spirit and love for the whole family during the childhood cancer journey. Through year-round meaningful and educational programming, Smile-A-Mile helps those in Alabama who are affected by childhood cancer thrive during treatment and the years beyond.LEARN MORE

 

 

Protective Center, 2801 Hwy 280 South, Suite 345, Birmingham, AL 35223