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MPI and its affiliates retail holdings comprise over 11 million square feet located throughout the United States. The portfolio is extremely diverse and includes the award-winning Town Centers, suburban shopping centers and urban street-level retail. MPI is currently managing the leasing of a new 125,000 square foot mixed-use development in the heart of Harlem’s expanding business district projected to open in 2012.
MPI’s in-house Asset Management team focuses on value-add developments and redevelopments, appropriate tenant mix, and the fundamentals of driving foot traffic and increasing sales. Our internal demographics team analyzes current census, traffic and sales data to enhance and focus our marketing efforts to make sure our properties outperform the competition. Over the past 12 months, MPI has executed 129 new leases for a total of 675,000 square feet.
MPI’s retail portfolio has grown through strategic acquisitions, partnerships and developments; and we welcome the opportunity to discuss our existing portfolio, new acquisitions, and third-party management opportunities.