To serve as the center of commerce for the furniture, gift and home décor industries, bringing buyers and sellers from the global marketplace together in the most effective, efficient and compelling venues. Our company provides exhibitors with unrivalled access to buyers and buyers with unparalleled access to resources. Through experience and exceptional service, the IMC team delivers Markets that create value and growth opportunities for our partners.
In May 2011, an event unprecedented in the home furnishings, gift and home décor industries occurred when a new company, International Market Centers, L.P., was formed to create the world’s largest network of premium showroom and exhibition space in these industries. IMC announced an investment of more than $1 billion to unite iconic showroom assets in High Point, N.C. and Las Vegas and create an effective, efficient and compelling world-class business-to-business platform for both buyers and sellers.
Since 2011, International Market Centers has successfully integrated four companies into one organization with best-in-class talent, elevated the service standard for market experiences on both coasts, and added a significant number of new industry leaders as tenants to its properties. IMC remains focused on its mission to build and operate an innovative, sustainable, profitable and scalable platform where the home furnishings, gift and home décor industries will thrive.
IMC is committed to offering manufacturers significant cross-category business opportunities, which includes attracting additional traffic from international buyers, enhancing marketing efforts and creating new distribution and sales channels. By bringing together premier properties on both coasts, IMC has created the leading business marketing stage for furniture, home décor, and gift commerce.
In early 2013, IMC underwent a multi-million dollar capital plan for building improvements and infrastructure to enhance the market experience across the 6 million square feet of showroom space IMC owns and operates in High Point. In 2014, IMC added the Commerce & Design Building to its High Point portfolio, and in 2017, the company opened a new building custom built for a specific tenant (Christopher Guy). These multimillion dollar initiatives brought IMC’s buildings to the highest operational efficiency and enables IMC to deliver premium service to its valued customers and guests. For more information, visit www.imchighpointmarket.com.
In Las Vegas, IMC has firmly positioned Las Vegas Market as the most comprehensive buying platform in the western United States. With 5 million square feet of showroom space in World Market Center’s A, B and C buildings, Las Vegas Market highlights 4,000+ indoor and outdoor furniture, gift, home décor, bedding, interior design and hospitality design resources representing these industries’ top brands. Today, Las Vegas Market showrooms are approaching full occupancy, and future plans for expansion incorporating 29 additional acres are under consideration. For more information, visit www.lasvegasmarket.com.
IMC’s portfolio encompasses more than 12.2 million gross square feet and includes the World Market Center Las Vegas campus, as well as multiple properties in High Point, North Carolina including International Home Furnishings Center (IHFC), Showplace, the Commerce & Design Building, the Market Square and Suites complex, Main Street Properties including the National Furniture Mart, Furniture Plaza, Plaza Suites and 200/320/330 North Hamilton, among others. In addition, IMC operates the Las Vegas Design Center, a year-round resource open to both the design trade and consumers that is comprised of more than 40 showrooms and hundreds of designer brands.
In July 2017, the Blackstone Group announced plans to acquire International Market Centers. Upon completion of the acquisition, IMC will reside in the Tactical Opportunities group of Blackstone, a division focused on long-term investments. Blackstone’s goal for International Market Centers is to assist in the acceleration of IMC’s strategic plan while also identifying future growth opportunities.
IMC will maintain headquarters in both High Point and Las Vegas, and the executive management team will maintain offices in both locations. Self-described “builders and growers,” IMC officials report there are no plans to sell any assets as a result of the acquisition.
IMC is majority owned by funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities. Fireside Investments is also an investor in the company.