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.
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.
Retail Opportunity Investment Corp. has acquired The Village at Nellie Gail Ranch in Laguna Hills, California, for $46 million from Vintage Real Estate.
Just one 5,000-sq.-ft. space remains available at Peace Haven Village, a new Publix-anchored center in the Winston-Salem suburb of Clemmons, N.C., developed by The Morgan Companies.