The largest mattress retailer in the United States plans to reduce its store portfolio, which has expanded in recent years due to a series of major acquisitions.
Retail Opportunity Investment Corp. has acquired The Village at Nellie Gail Ranch in Laguna Hills, California, for $46 million from Vintage Real Estate.
Knoebel Construction announced it has completed the 270,000 sq.-ft. Shoppes at Mid Rivers in St. Peters, Missouri, across the highway from Mid Rivers Mall.