May 16, 2018
International Market Centers (IMC) and AmericasMart plan to join together to form the world’s largest owner and operator of showroom space for furniture, home decor, rug, gift and apparel. The combined entity, International Market Centers, will own and operate nearly 20 million square feet of permanent showroom space in Las Vegas, High Point, NC, and Atlanta.
IMC’s CEO Robert Maricich will become CEO of the combined entity. He says, “We look forward to bringing together our two companies to provide exhibitors with exceptional access to global Markets, and buyers with even more convenient opportunities to explore top products across sectors.”
Blackstone Real Estate Partners and Blackstone Tactical Opportunities acquired IMC in 2017 in partnership with Fireside Investments. IMC owns and operates 12.2 million square feet of world-class exhibition space in High Point and Las Vegas, serving over 4,000 exhibitors and lines.
Financial terms of the transaction were not disclosed.
*Pictured Showplace 211 East Commerce Ave. High Point, NC
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