Mexico Retail Properties

Black Creek Group established Mexico Retail Properties (MRP) in 2002 to acquire, develop and own high-quality, well-anchored shopping centers in Mexico. Today, MRP affiliates are the largest developer, owner and manager of retail assets in Mexico.

In addition, MRP is a fully integrated retail real estate development company that provides site selection, market research, design, construction, leasing, property management and ownership of high-quality shopping centers.

MRP's properties are located throughout Mexico but are concentrated primarily around Mexico City and large population centers, with little exposure to the U.S.-Mexico border and resort markets. Most of MRP's centers are anchored by grocery tenants, including more than 52 leases from Walmex.

MRP affiliates are the general partners for three institutional funds representing approximately $630 million of equity capital commitments. MRP affiliates continue to develop and acquire hundreds of millions of dollars of high-quality centers each year.