CIM Group Announces Long-Term Lease with Homesense

USA: CIM Group announced on June 9 that it has signed a long-term lease with Homesense, a new concept from the parent company of HomeGoods, for an approximately 30,256-square-foot space at Northwoods Shopping Center, Texas, USA. This regional community center spans 443,148 square feet and features a diverse mix of shops, restaurants, and entertainment options.

Homesense offers large format stores with extensive collections, including furniture for every room and outdoors, home design materials such as wallpaper, bathroom fixtures, and lighting, as well as décor items.

Homesense will occupy the space previously held by Bed Bath & Beyond, which was vacated in the third quarter of 2023.

For 30 years, CIM Group has focused on community-centered investing, using its expertise in owning, developing, repositioning, and operating real estate assets to enhance communities throughout the Americas.

Source: Home Furnishings Business