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Prospective tenants, rivals weigh up soon-to-close Mattress Firm locations

Prospective tenants, rivals weigh up soon-to-close Mattress Firm locations

The Houston-based firm, which filed for Chapter 11 bankruptcy protection in Delaware last week, says it is targeting locations that are underperforming or in close proximity to other Mattress Firm stores.

ICSC International Council of Shopping Centers

The company has petitioned the court to reject some 200 store leases and says it anticipates closing those by Oct. 31. That would save about $2.8 million per month, according to the court filings. Those stores are located in about 30 of the 49 states in which the retailer operates — nearly 90 of them are in Illinois, North Carolina and Texas.

More info at ICSC International Council of Shopping Centers:
Prospective tenants, rivals weigh up soon-to-close Mattress Firm locations

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The Boulder Group
The Boulder Group
Newsroom   Real Estate Research Center

The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high net worth individuals, developers, REITs, partnerships and institutional investment funds./

Founded in 1997, the firm has arranged the acquisition and disposition of over $2.1 billion of single tenant net lease real estate transactions. In 2010-2014, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by Real Capital Analytics. The Boulder Group is headquartered in suburban Chicago

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Phone: 847-562-0003