Item 2. Properties
ITEM 2. PROPERTIES
Leased Properties
As of January 29, 2022, we have approximately 1,981,000 leased gross square feet for 27 Design Galleries, 36 legacy Galleries, 1 RH Modern Gallery, 3 RH Baby & Child Galleries and 14 Waterworks Showrooms. We have approximately 1,190,000 leased gross square feet for 38 outlet stores as of January 29, 2022.
The following table summarizes the location and size of our leased fulfillment centers, home delivery center locations and corporate facilities occupied as of January 29, 2022:
LEASED SQUARE FOOTAGE
LOCATION
(Approximate)
RH Furniture Fulfillment Centers
Patterson, California
1,501,000
Baltimore (North East), Maryland
1,195,000
Ontario, California
1,001,000
RH Small-Parcel Fulfillment Center
West Jefferson, Ohio (1)
1,224,000
Home Delivery Center Locations (2)
1,304,000
Waterworks Fulfillment Center
Brookfield, Connecticut
160,000
Corporate Facilities
Corte Madera, California (1) (3)
263,000
Pinole, California (4)
200,000
Danbury, Connecticut (5)
26,000
Other
240,000
(1) Customer service center and home delivery operations are also performed at this location.
(2) Includes total approximate leased square footage for 21 separate home delivery center locations.
(3) Location of RH Headquarters. Includes approximately 10,000 square feet of warehouse space.
(4) Represents warehouse space.
(5) Location of Waterworks Headquarters.
We believe that our current offices and facilities are in good condition, are being used productively and are adequate to meet our requirements for the foreseeable future.
For additional information regarding leases, refer to “Lease Accounting” within Note 3— Significant Accounting Policies and Note 11— Leases in our consolidated financial statements within Part II of this Annual Report on Form 10-K.
Owned Property
We own four properties for current and future retail locations, including an approximate 5,400 square foot building that is the location of our Gallery in San Francisco’s Design District, an approximate 54,100 square foot building in England for a future Design Gallery, an approximate 22,100 square foot building in Morris Township, New Jersey for a future Design Gallery, and an approximate 12,500 square foot building in Birmingham, Michigan for a future Design Gallery. The owned properties are part of our RH Segment.
36 | FORM 10-K
PART I
Table of Contents
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.