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Culp plans to sell High Point headquarters

Officials hope to stay in space as tenants

By Furniture Today Staff -- Furniture Today, January 29, 2008

HIGH POINT — Fabric major Culp Inc. is putting its headquarters and showroom building here up for sale, but officials want the company to remain in the building as a tenant if possible, according to a High Point newspaper report.

The company has listed the property for $6 million, the High Point Enterprise said. Culp opened its showroom in the 56,000-square-foot, three-story building in December 2004. Culp officials said the company’s changing business model, which puts more emphasis on imports, has resulted in less need for office space.

For more details, click here. http://www.hpe.com/

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