What is MQ Development?
MQ Development Company, founded in 1991 by Donald Silverman, is a specialized entity focused on the acquisition and development of retail shopping centers and mixed-use projects. The company strategically targets select markets within Texas and Florida, with a particular emphasis on creating tenant-driven retail destinations, primarily within the Dallas/Ft. Worth Metroplex and other key Texas locales. Their portfolio is anchored by prominent national and regional tenants, including Kroger, The Home Depot, HEB, Aldi, Cinemark, Wal-Mart, and Target, demonstrating a proven ability to attract and retain leading retail brands. This tenant-centric approach has solidified MQ Development's reputation for developing high-performing retail environments.
How much funding has MQ Development raised?
MQ Development has raised a total of $18.8M across 1 funding round:
Debt
$18.8M
Debt (2017): $18.8M, investors not publicly disclosed
What's next for MQ Development?
The recent major strategic investment signals a pivotal moment for MQ Development, likely enabling the company to accelerate its expansion plans and further enhance its existing retail properties. This capital infusion is expected to support the acquisition of new development sites, the revitalization of current shopping centers, and the strengthening of tenant relationships. Given the company's focus on enterprise-level funding and its established track record in Texas and Florida, this strategic backing positions MQ Development for continued growth and market leadership in the retail real estate landscape.
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