International Market Centers is acquiring the Atlanta Decorative Arts Center, a design facility housing the Southeast’s largest collection of luxury furnishings for residential, hospitality and commercial applications.
Opened in 1961 in Atlanta’s Buckhead district, the 550,000-square foot ADAC property houses more than 60 showrooms and 27 design studios. It is open to interior designers, architects, builders and design enthusiasts, and presents a curated mix of premium furniture, fabrics, rugs, wall coverings, antiques, accessories, kitchens, bath and tile products from various manufacturers.
The ADAC acquisition follows the recent merger between IMC and AmericasMart Atlanta. IMC expects that the ADAC purchase will be completed by late September. The acquisition brings ADAC into a national home furnishings network IMC is developing to create strategic business opportunities using its properties in combination. AmericasMart Atlanta houses home-furnishings product resources serving the national and international design and retail community and so can complement ADAC operations, the company noted.
Katie Miner, who has served as ADAC general manager since 2012, will continue in her role under IMC ownership, and ADAC will continue operating under its long-standing brand identity. Robert Maricich, IMC CEO, will lead the combined entity.
The parties did not disclose financial terms of the transaction.
“ADAC is a trusted resource for many of the nation’s most respected designers and is a dominant force in the southeastern design community,” Maricich said. “We applaud its sustained success under Katie’s leadership and look forward to the continued growth she envisions across a broad spectrum of innovations and opportunities. ADAC is distinguished by an extraordinary history, select product mix and diverse customer base. It becomes an essential addition to our design community franchise.”