Pottery Barn 2010 Annual Report Download - page 33

We currently occupy a 781,000 square foot distribution center in Cranbury, New Jersey, whose lease expires in
September 2011. During the fourth quarter of fiscal 2009, we entered into an agreement to lease a 1,351,000
square foot distribution center in South Brunswick, New Jersey, which we began occupying during fiscal 2010.
During the fourth quarter of fiscal 2010, we entered into an amended agreement to lease an additional 35,000
square feet of distribution facility space in Ohio associated with our furniture delivery hubs within the region.
This agreement expires in August 2012.
In March 2011, we entered into a seven year agreement to lease a 412,000 square foot building in Claremont,
North Carolina to support our upholstered furniture manufacturing and furniture delivery operations. This new
facility will replace our current Hickory, North Carolina facility whose lease expires in April 2011.
In addition to the above long-term contracts, we enter into other agreements for such things as our offsite storage
needs for both our distribution centers and our retail store locations as well as other distribution center
operations. As of January 30, 2011, we had approximately 236,000 square feet of leased space relating to these
agreements that is not included in the leased square footage reported above. This compares to approximately
139,000 square feet of leased space as of January 31, 2010.
Customer Care Centers
We lease customer care center space in the following locations:
Location Occupied Square Footage (Approximate)
Las Vegas, Nevada 36,000
Oklahoma City, Oklahoma 36,000
Shafter, California 7,000
Corporate Facilities
We also lease office, design studio, photo studio, warehouse and data center space in the following locations:
Location Occupied Square Footage (Approximate)
Brisbane, California 194,000
New York City, New York 67,000
San Francisco, California 64,000
Rocklin, California 25,000
During the third quarter of fiscal 2010, we exited 26,000 square feet of excess office space in San Francisco,
California at the expiration of our lease.
During the fourth quarter of fiscal 2010, we leased an additional 15,000 square feet of office space in New York
City, New York associated with our West Elm headquarters and extended the term of the agreement on the entire
West Elm facility through April 2016.
Subsequent to year-end, in February 2011, we entered into a ten year agreement to lease an additional 59,000
square feet of corporate office space in San Francisco, California which we have not begun to occupy and,
therefore, is not reflected in the table above.
Owned Properties
In addition to the above leased facilities, we own buildings comprising approximately 326,000 square feet that
we use for our corporate headquarters located in San Francisco, California and a 13,000 square foot data center
located in Memphis, Tennessee.
We believe that all of our facilities are adequate for our current needs and that suitable additional or substitute
space will be available in the future to replace our existing facilities, or to accommodate the expansion of our
operations, if necessary.
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Form 10-K