MRP Capital Group is a private equity real estate firm headquartered in St. Louis, Missouri, focused on acquiring and operating Walmart-anchored shopping centers in small-town America. The company positions itself as the nation's largest owner and operator of "Walmart Shadow Centers," which are retail properties located adjacent to Walmart stores in communities that serve as regional hubs across rural America. The firm's investment strategy centers on consolidating an overlooked asset class by acquiring multi-tenant shopping centers in small markets where Walmart functions as the anchor tenant and primary traffic driver. The company's portfolio comprises open-air centers featuring drive-through options and daily-needs tenants that cater to essential services in communities typically underserved by institutional capital. The firm operates through both direct ownership and its non-listed REIT vehicle, MRP Flyover Real Estate Investment Trust, which launched in April 2022 and closed in 2023 with 40 Walmart Shadow Centers. Leadership is headed by CEO and Founder Joe McClary and President and Co-Founder Jordan Breck, who direct acquisition, leasing, and asset management operations across the platform.