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Mattress Firm

  • Acquisition creates first national bedding chain

    The nation’s two leading mattress specialty firms are one.

    On Friday, Mattress Firm completed its $780 million acquisition of rival Sleepy’s. The combined company will have annual sales of over $3.6 billion through approximately 3,500 retail locations in 48 states.

  • The Oaks of Oak Brook in Illinois sells for $18.25 million

    Oak Brook, Ill. -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of The Oaks of Oak Brook in Oak Brook, Illinois. Newport Capital Partners acquired the 67,143-sq. ft. property on behalf of Newport Fund II for $18.25 million.

    The Oaks of Oak Brook is located at the northwest corner of Kingery Highway (Illinois Route 83) and 16th Street. The center features a tenant lineup including: Panera Bread, Athletico, Wells Fargo and Sleepy’s.

  • Time Equities expands its footprint in Wisconsin by acquiring four centers

    New York -- Time Equities acquired four Wisconsin multi-tenant retail assets for $18.1 million, spanning 307,668 sq. ft. in total. The acquisitions, consisting of two separate transactions, include The Geneva Commons purchased for $1.3 million, in addition to Oak Creek Centre, Park Plaza and Taylor Heights acquired for $16.8 million.

  • The remarkable rise of Mattress Firm

    The combination of acquisitions, new unit expansion and same-store sales growth enabled Mattress Firm to achieve record third quarter results and the company’s biggest deal ever is expected to close in 2016.

  • Sleepy’s realizes EMV, NFC payment dream

    Sleepy’s, The Mattress Professionals is staying awake when it comes to the latest in consumer payment.

    The privately held specialty mattress and bedding accessories retailer has committed to upgrading to Ingenico Group smart terminals to securely accept EMV credit and debit cards and NFC/contactless mobile payments at all of its 1,000-plus stores by the end of 2015.

  • Roosevelt Galleria in Chicago acquired for $19.6 million

    Chicago -- Mid-America Real Estate Corporation’s Investment Sales team brokered the sale of Roosevelt Galleria in Chicago. Rye, New York-based Acadia Realty Trust purchased the urban retail property for $19.6 million.

    Roosevelt Galleria is located in the Roosevelt Road retail corridor in the South Loop. The 40,306 sq. ft. center has a diverse mix of tenants, which include: Golfsmith, Petco, Sleepy’s, United Healthcare and The Vitamin Shoppe.

  • Mattress Firm in corporate restructuring

    Houston -- The integration of the Sleep Train organization into Mattress Firm continues as the firm works to drive future growth.

    Mattress Firm Holding Corp. announced that Ken Murphy has been promoted to president and Rob Killgore to COO.

  • Wayfair lays out a new mattress deal

    Wayfair is forming a partnership that aims to meet the basic needs of its core customers.

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