International Market Centers, LP (IMC), the world’s largest operator of premier showroom space for the furnishings, home decor and gift industries, has completed the acquisition of five additional buildings in High Point, NC.  

Purchase of Showplace, Showplace West and three North Hamilton Street showroom facilities marks the culmination of a $1b investment that unites Las Vegas and many of the High Point home furnishings showrooms under one ownership group and management team. Financial details of the transactions, which were initially announced on May 3rd, were not disclosed.

IMC’s portfolio now comprises 18 buildings spanning more than 11.5 million gross ft2, including key showroom assets such as the International Home Furnishings Center, the Market Square Complex – consisting of eight properties – Showplace, Showplace West and three North Hamilton Street showroom venues in High Point, as well as all of the World Market Center buildings in Las Vegas. 

“We are pleased that this unprecedented combination of properties is complete, and that these attractive assets have come together under one structure and management team,” says Robert Maricich, IMC CEO. “With the addition of these five premier facilities to our portfolio, we can now devote our focus to our primary mission – creating the most effective, efficient and compelling platform for our industry. We look forward to working with our wide range of business partners to develop a world-class business-to-business platform for both buyers and sellers in the furnishings, home decor and gift industries.”

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