The correct spelling of "are place of" is "our place of". This phrase is often used to refer to a location or establishment that belongs to a group of individuals. The phonetic transcription of "our" is /aʊər/ which is pronounced as "ow-uh". The word "place" is phonetically transcribed as /pleɪs/ which sounds like "playce". "Of" is phonetically represented as /əv/ which is pronounced as "uhv". Therefore, the correct spelling of "our place of" is pronounced as "ow-uh playce uhv".