International Market Centers (IMC) announced that it has entered into an agreement to purchase the 50,542-square-foot showroom building located at 121 N. Hamilton St. in downtown High Point. The deal for the property, which was formerly owned by MCHP Properties LLC, is scheduled to close on Nov. 1, 2019.
“This acquisition extends IMC’s overall showroom footprint in High Point and supports our position in the North Hamilton District in particular,” said Scott Eckman, President of Furniture and Home Decor leasing for IMC. “This most recent purchase complements IMC’s strategic acquisitions of high-quality properties that are a fit for tenants in the Market neighborhood.”
With this purchase, IMC would own 17 properties in High Point, including five on Hamilton Street – 121, 200, 320 and 330 N. Hamilton St., and 129 S. Hamilton St. Other properties include: 300 E. Green St.; 300 S. Main St.; Commerce & Design Building; Furniture Plaza; Historic Market Square; International Home Furnishings Center (IHFC); Klaussner on Hamilton; Market Square Textile Tower; National Furniture Mart; Plaza Suites; Showplace; and the Suites at Market Square.
