What Epic Real Estate Partners does

Epic Real Estate Partners is an Austin-based commercial real estate investment firm founded in 2012 that specialized in acquiring and managing value-add and core-plus grocery-anchored and necessity-based shopping centers. Its core product was a curated portfolio of 15 grocery-anchored retail properties spanning just over 2 million square feet across 10 U.S. states, with a combined asset value exceeding $575 million and 92% occupancy at the time of its sale. Anchor tenants included national and regional grocers such as H-E-B, Kroger, Safeway, Harris Teeter, The Fresh Market, and Publix, supplemented by daily-needs and value retailers such as Ross Dress for Less, Five Below, Dollar Tree, and Planet Fitness.

The firm generated revenue through property ownership and active asset management of necessity-based retail, monetizing rental income from a diversified retail tenant base while pursuing market-to-market rent growth in supply-constrained grocery-anchored submarkets. It operated a lean team of approximately 13 professionals out of Austin and Dallas and accessed institutional capital through joint ventures, including a co-investment partnership with Heitman and disposition relationships with JLL, U.S. Bank, Core Investment Management, and CBRE Investment Management.

In January 2026, MCB Real Estate—a Baltimore-based private equity real estate firm with over $4 billion in assets under management across 30 states—acquired Epic Real Estate Partners, integrating its portfolio, team, and Austin/Dallas offices into MCB's national retail platform. Following the close, a seven-property sub-portfolio of approximately 1.1 million square feet was sold in April 2026 to a joint venture between CBRE Investment Management and MCB, signaling continued capital recycling through the combined platform.

Name

Epic Real Estate Partners

Legal name

Epic Real Estate Partners

Website

https://epicrepartners.com

Company type

Private

Founded year

2012

Operating status

Acquired

Headcount range

11–50 employees

Short description

Epic Real Estate Partners is an Austin-based, privately held real estate investment firm that acquires and manages value-add grocery-anchored shopping centers across U.S. Sunbelt and secondary markets, serving institutional co-investors and credit-grade grocery tenants.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment (Grocery-Anchored Retail)

NAICS

Other Activities Related to Real Estate (53139), Other Financial Investment Activities (5239)

SIC

Real Estate Dealers (For Their Own Account) (6532), Investors, Nec (6799)

akta.pro primary industry

Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)

akta.pro secondary industries

Real Estate Funds — Core-Plus (FSANAEAG), Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships) (BPAJANAF)

Keywords

• Grocery-anchored retail
• Commercial real estate investment
• Shopping center management
• Necessity-based retail
• Value-add real estate

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Commercial Real Estate Property Management: Grocery-anchored retail property investment and management generating rental income from shopping center tenants including national and regional grocers and retail operators.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Epic Real Estate Partners is a private real estate investment firm that acquires, owns, and actively manages grocery-anchored and necessity-based shopping centers across high-growth U.S. markets. The firm deploys value-add and core-plus strategies to build a portfolio of essential-needs retail real estate leased to national and regional grocers and daily-needs retailers. The portfolio consists of 15 grocery-anchored centers totaling more than 2 million square feet across 10 states, valued at over $575 million, with 92% occupancy.

Product overview

Epic Real Estate Partners operated as a grocery-anchored retail real estate investment and management firm, offering a unified portfolio of shopping center properties. The core offering consisted of 15 grocery-anchored shopping centers spanning over 2 million square feet across 10 states, anchored by national and regional grocery tenants. The portfolio was acquired by MCB Real Estate in January 2026.

Differentiator

Problem solved

Functional benefit

Products and services

• Grocery-Anchored Shopping Center Portfolio Owned and operated portfolio of 15 grocery-anchored shopping centers spanning more than 2 million square feet across 10 U.S. states, valued at over $575 million with 92% occupancy, leased to national and regional grocers and daily-needs retailers.
• Value-Add and Core-Plus Real Estate Investment Management

Quantifiable outcome

• 92 percent portfolio occupancy at time of MCB acquisition
• +2 more outcomes

Named customers10 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• HeitmancoreStrategic or Co-development Partner · 1 December 2025Joint venture between Epic Real Estate Partners and Heitman owned Jacaranda Plaza, a 175,084-square-foot Publix-anchored shopping center in Plantation, Florida (Fort Lauderdale metro). The joint venture sold the property to Core Investment Management in December 2025. The property was 97.9% leased to tenants including Publix, Ross Dress for Less, Five Below, Planet Fitness and Dollar Tree.
• JLLminorImplementation/ SI/ Consulting Partner · 1 December 2025JLL (Jones Lang LaSalle) represented Epic Real Estate Partners and Heitman as the seller of Jacaranda Plaza and arranged acquisition financing through U.S. Bank on behalf of the new ownership (Core Investment Management).

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Federal Realty Investment Trust: Public REIT investing in shopping centers and mixed-use properties frequently anchored by grocery and necessity tenants; directly comparable necessity-anchored retail exposure.
• Brixmor Property Group: Public REIT owning a national portfolio of open-air shopping centers heavily anchored by grocery operators, with comparable value-add and core-plus strategy in necessity-based retail.
• Regency Centers: Premier public grocery-anchored shopping center REIT with national footprint and high-credit grocery tenants; provides the institutional benchmark for Epic's strategy and scale.
• Necessity Retail REIT: Public necessity-anchored shopping center REIT focused on recession-resilient, daily-needs retail — directly aligned with Epic's tenant strategy and investment thesis.
• Acadia Realty Trust: Public REIT with a necessity-anchored shopping center portfolio and a fund management business — comparable strategy combining direct ownership with JV institutional capital partnerships.
• Kite Realty Group: Public REIT focused on open-air, grocery-anchored shopping centers in growing markets — directly comparable operating model and tenant mix to Epic's portfolio.
• Pine Tree, LLC: Privately held retail real estate operator focused on grocery-anchored and necessity-based centers — closest private-market peer to Epic in strategy, scale, and operating model.
• Phillips Edison & Company: Pure-play publicly traded REIT focused exclusively on grocery-anchored neighborhood shopping centers — the closest publicly traded analog to Epic's strategy, asset class, and tenant profile.

Broad incumbents

• Kimco Realty: Largest publicly traded shopping center REIT with a sizable grocery-anchored sub-portfolio; broader and more diversified than Epic but operates in the same core asset class.

Others

• Heitman: Global real estate investment manager that was Epic's JV partner on Jacaranda Plaza — comparable institutional capital partner active in grocery-anchored retail, though operating as capital provider rather than principal.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Epic Real Estate Partners