Midwest Retail Properties acquires Walmart-anchored retail center in North Carolina

Midwest Retail Properties acquires Walmart-anchored retail center in North Carolina 1

HICKORY: Midwest Retail Properties (MRP) has acquired Shoppes at Hickory, a Walmart-Anchored Shopping Center in Hickory, North Carolina, a news release noted.

Shoppes at Hickory is 22,195 square feet and 100% occupied with tenants such as Heidi Uniforms, SafGard Shoe Company, and Complete Laser Clinic. The property is located off Highway 70 in a busy retail corridor. Shoppes at Hickory is MRP’s first Walmart-Anchored shopping center in North Carolina.

Hickory, NC is a growing community located in the foothills of the Blue Ridge Mountains – just one hour outside of Charlotte, NC. The current population is over 40,000.

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.

www.mrpstl.com

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