Item 2. Properties
Item 2. Properties
We are headquartered at 1800 North Mason Road, Katy, Texas, 77449. The following table sets forth the location, use and size of our corporate and distribution center facilities as of January 30, 2021:
Location Use Approximate Square Footage
Katy, Texas Corporate Office Building 1 400,000 (1)
Katy, Texas Corporate Office Building 2 200,000 (2)
Katy, Texas Bulk Warehouse 200,000 (3)
Katy, Texas Distribution Center 1,400,000 (4)
Twiggs County, Georgia Distribution Center 1,600,000 (5)
Cookeville, Tennessee Distribution Center 1,600,000 (6)
Kowloon, Hong Kong Global Sourcing Office 5,000 (7)
(1) 20 year lease entered in 2007.
(2) 20 year lease entered in 2015.
(3) 20 year lease entered in 2016.
(4) 20 year lease entered in 2007. Five year extension to original term entered in 2020.
(5) 20 year lease entered in 2012. Five year lease extension to original term entered in 2020.
(6) 20 year lease entered in 2016. Three year lease extension to original term entered in 2020.
(7) Two year lease entered in 2020.
We lease all of our stores. Our initial store lease terms are typically 15 to 20 years with various renewal options and lease escalation structures. We believe that all of our leases are entered into at then-prevailing market lease rates. As of January 30, 2021, our total leased store square footage was approximately 18.3 million square feet.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.