Arhaus $ARHS opened it largest showroom yet last Fall
After it repurposed an historic and iconic Pasadena, CA property
At 40,000 square feet it is >3x the size of a typical showroom
And closer in size—and type—to the adaptive reuse galleries that its competitor $RH has been opening in high profile, often historic, real estate
Is this a “one off” transaction?
Or will RH have additional competition when it pursues its next repurpose of a large, historic and iconic property as a new gallery? ⬇