International Market Centers Buys Commerce & Design Building

IMC_logoWEB.HIGH POINT, N.C.-International Market Centers announced that it has purchased the Commerce & Design (C&D) building here. Financial details of the transaction were not disclosed.

"Our acquisition of the C&D building adds further depth and strength to our showroom footprint in High Point," said Bob Maricich, CEO of International Market Centers. "The building has a strong tenant base and is an important addition to our portfolio."

The C&D building is located across from the Suites at Market Square with an entrance in the covered walk-way connecting IMC's Main Street buildings and Market Square & Suites complex. With the C&D acquisition, IMC now owns and operates 14 of the primary showroom buildings in the heart of High Point Market, spanning more than 6.7 million gross square feet.

Duke RatliffDuke Ratliff | Editor-in-Chief
dratliff@hfnmag.com

Duke Ratliff, the editor-in-chief of HFN, has reported on the home furnishings industry since 1993. He oversees HFN’s print edition and online coverage of the retail industry, as well as trends in furniture and lighting, mattresses, tabletop, housewares, floor covering and textiles. He enjoys traveling to numerous domestic—and occasionally, international—trade shows. He feels that the perfect combination of a great product and a creative, attention-getting marketing plan is a thing of beauty. He lives in Westchester County, N.Y., with his wife, two children, two dogs, five chickens, two finches, three lizards and a five-foot-long corn snake.

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