Daily News
From Home Furnishing Business
Marge Carson Sells High Point Showroom
October 1,
2019 by Laurie Northington in Business Strategy, High Point, Industry, Market
Ponoma, Calif.-based luxury brand Marge Carson has announced the sale of its High Point showroom building at 121 N. Hamilton St., according to owner and CEO Jim LaBarge.
The prime 50,542 square foot piece of real estate is located within the desirable high-end North Hamilton Street corridor. This sale coincides with a strong High Point real estate market, where many new and old exhibitors have built and invested in recent years. The transaction is scheduled to close on November 1st.
“The offer to acquire our showroom was compelling, and it will allow us to move to a more intimate location for serving our retail and designer customers. Our new product introductions this Fall are exciting, and we are confident this move will propel us nicely into 2020 and beyond,” said LaBarge.
The company will continue to produce upholstery, casegoods, accent furniture and luxury bedding ensembles for its high-end clientele, and will show at its existing showroom in High Point during the Fall High Point Market Oct. 18-22. The company will relocate to a new showroom beginning April 2020.