MRP NEWS
MERCHANTS RETAIL PARTNERS CLOSES LARGE ACQUISITION
Merchants Retail Partners (MRP), a Birmingham, Alabama based real estate investment firm, on behalf of its related investment partner, recently acquired Dothan Pavilion Shopping Center, in Dothan, Alabama. MORE
MERCHANTS RETAIL PARTNERS EXPANDS ITS DEVELOPMENT TEAM WELCOMES KEVIN LEEDY AS DEVELOPMENT DIRECTOR
Merchants Retail Partners (MRP), a Birmingham, Alabama based real estate investment firm, adds another development professional to its platform with the addition of heavy hitter, Kevin Leedy, as Development Director. MORE
MERCHANTS RETAIL PARTNERS GRAND OPENING OF NEW DEVELOPMENT
Merchants Retail Partners (MRP), a Birmingham, Alabama based real estate investment firm, announces the Grand Opening and completion of a $25,000,000 development in South Walton County, along Highway 98. MORE
MERCHANTS RETAIL PARTNERS LANDS NEW ANCHOR FOR AUBURN REDEVELOPMENT
Merchants Retail Partners (MRP), a Birmingham, Alabama based real estate investment firm, on behalf of its related investment partner, recently executed a new anchor lease with Michaels Arts & Crafts to launch its redevelopment of Flints Crossing in Auburn, Alabama. MORE
MRP OPENS FIVE BELOW ARCHOR AT CULLMAN SHOPPING CENTER
Merchants Retail Partners (MRP), a Birmingham, Alabama based real estate investment firm, opened a new Five Below anchor at Cullman Shopping Center. Five Below is joined by Publix, Dicks Sporting Goods, Ross Dress for Less, Ulta Cosmetics, and Petsmart at the center. MRP has brought seven (7) new anchors to the Cullman, Alabama market. MORE
MERCHANTS RETAIL PARTNERS WINS NATIONAL ICSC MAXI AWARD
Merchants Retail Partners, LLC (MRP), a Birmingham, Alabama based real estate investment firm, won a MAXI Silver Medal Award at this year’s 2017 International Council of Shopping Centers National Conference in Las Vegas, Nevada. MORE
MERCHANTS RETAIL PARTNERS' BILL LEITNER FEATURED AT UNIVERSITY OF FLORIDA'S PRESTIGIOUS BERGSTROM CONFERENCE
Bill Leitner, the Managing Principal, of Merchants Retail Partners (MRP), a Birmingham, Alabama based real estate investment firm, was recently a featured panelist at the nationally-renown University of Florida Bergstrom Conference to discuss “The Changing Retail Landscape”. Other industry leaders including the National Director for Colliers International, Anjee Solanki, and industry veteran, Ron Wheeler, CEO of The Sembler Company, joined Bill on the Leadership Panel. MORE
MERCHANTS RETAIL PARTNERS BRINGING POTTERY BARN MANSION AND EMERIL LAGASSE TO GRAND BOULEVARD
Merchants Retail Partners (MRP), a Birmingham, Alabama based real estate investment firm is bringing Pottery Barn Mansion and Emeril’s Lagasse to Grand Boulevard in Destin, Florida, a frequent travel destination for many Birmingham residents. Grand Boulevard is located in Walton County in the Sandestin Community and spans 435,000 SF with a mix of entertainment, fashion, restaurant, and necessity-retail uses. MORE
MERCHANTS RETAIL PARTNERS CLOSES ANOTHER UNIVERSITY-TOWN ACQUISITION
Athens Promenade represents MRP’s fourth (4th) University-town acquisition, as the Company targets high growth markets with strong demographic drivers, such as burgeoning student populations and seniors/retirees moving to University-towns to be close to sporting and cultural activities.MORE
BIRMINGHAM-BASED MERCHANTS RETAIL PARTNERS COMPLETES PHASE VI AT GRAND BOULEVARD IN DESTIN, FLORIDA & ANNOUNCE ANTHROPOLOGIE, VINEYARD VINES AND J. MCLAUGHLIN OPENINGS
National women’s retailer Anthropologie has opened a new 9,000-square-foot store in Grand Boulevard at Sandestin, a mixed-use development near northwest Florida’s beaches in Miramar Beach. The store features clothing, accessories and homewares. MORE
MERCHANTS RETAIL PARTNERS WELCOMES FOUR (4) COLLEGE INTERNS
Merchants Retail Partners (MRP), a Birmingham, Alabama based real estate investment firm, is pleased to welcome four (4) interns from Washington & Lee University, a nationally-ranked liberal arts college in Lexington, Virginia. MORE
MERCHANTS RETAIL PARTNERS ACQUIRES ALABAMA SHOPPING CENTER
Auburn, AL – Merchants Retail Partners (MRP), a Birmingham, Alabama based real estate investment firm, recently led the acquisition of Flint’s Crossing in Auburn, Alabama on behalf of their related investment partner. The 100,000 square-foot shopping center is the cornerstone of the busiest intersection in Auburn at 1550 Opelika Road and University Road. Gourmet grocer EarthFare and Panera Bread anchor the center. MORE
MERCHANTS RETAIL PARTNERS CLOSES $50.0M REFINACE OF ALABASTER SHOPPING CENTER
Alabaster, AL – Merchants Retail Partners (MRP), a Birmingham, Alabama based real estate investment firm, has closed a $50M refinance on behalf of our related investment partner. The Target-anchored Alabaster Promenade is located along I-65 in Alabaster, AL and opened in 2007. The retail center underwent an expansion in 2014 to accommodate Dick’s Sporting Goods. MORE
MERCHANTS RETAIL PARTNERS OPENS CHARLESTON OFFICE
Birmingham, AL – Merchants Retail Partners (MRP), a Birmingham, Alabama based real estate investment firm, has announced that the company has opened an office in Charleston, SC. Bill Leitner, a Principal of MRP stated, “We see a high level of opportunity to grow our footprint into the Mid-Atlantic, and having an office in Charleston will help us to effectively identify investment opportunities faster, and more efficiently.” MORE
ROSS DRESS FOR LESS AND ULTA BEAUTY JOIN PUBLIX, PETSMART
AND DICK’S SPORTING GOODS AT NEW CULLMAN SHOPPING CENTER EXPANSION
Cullman, AL – Merchants Retail Partners (MRP), a Birmingham, Alabama based real estate investment firm, has announced Ross Dress For Less and Ulta Beauty will join the growing list of new-to-the-area retailers at the renovated and expanded Cullman Shopping Center. MRP would also like to announce The U.S. Department of Labor Career Center will soon re-join the Center in a renovated 8,000 sq. ft. outparcel building. Combined, the new stores will occupy more than 40,000 square feet of the 325,000 square foot shopping center. MORE
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