Monday, October 15, 2012

IMC Announced Successful Leasing Cycle Leading Up to Fall High Point Market

International Market Centers, L.P. (IMC), operator of premier showroom space for the furnishings, home décor and gift industries with properties on both coasts, announced its most successful leasing cycle on record as it prepares for the highly anticipated Fall High Point Market, October 13-18 2012.  IMC has also approved a multi-million dollar capital plan for building improvements and infrastructure to enhance the market experience, including extensive WiFi upgrades in all IMC buildings in High Point.

Across the 5.1 million square feet of showrooms IMC owns and operates, company officials tout an impressive 92 percent occupancy rate for its High Point buildings this fall, which includes 34 new permanent tenants and 15 showroom expansions. New in IHFC are A-America, Durham Furniture and European brand Siedo Solutions showing for the first time with Eurostyle—to name a few. Rowe and Chandra will open spectacular new showrooms in Showplace, while Highland House along with high-end rug resources Art Resources and Bokara will introduce new permanent showrooms in Market Square.

Sought-after and sold-out destinations at High Point Market— including InterHall, SALON, Pavilions on Main 3 and Showplace First Floor Temporaries—are 100 percent occupied. In the Suites at Market Square, 90 of the 300 exhibitors are showing for the first time, meaning nearly one-third of the Suites will feature brand new resources. SALON has expanded onto the Mezzanine Floor, directly above the original SALON area on the Ground Floor and will feature 17 new exhibitors. In addition, buyers will see 11 new exhibitors in the Pavilions on Main 3, seven in InterHall and seven new exhibitors on the first floor of Showplace.

IMC has also approved a multi-million dollar capital plan for building improvements and infrastructure to enhance the market experience. Among the investments is a $1 million investment in enhanced WiFi service in IMC lobbies and exhibit areas for this market. Complementing IMC’s WiFi investment, the City of High Point has also invested in improving wireless service in the public areas around the Market district in High Point.

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