Thursday, December 31, 2009

Red Ventures Purchases 7-Acre Site at 521 Corporate Center

Charlotte, N.C., Dec. 3 2009 - Red Ventures, a leading on-line marketing services company, purchased a seven-acre site at 521 Corporate Center, a Crosland project developed by Merrifield Partners. The site is adjacent to Red Ventures newly acquired 60,000 SF office facility. The seven-acre site will be used to provide employee amenities and support future growth.

“Red Ventures considered a wide range of potential sites that would allow us to consolidate our local operations and support planned growth, and selected the 521 Corporate Center due to its location, quality of construction and access to amenities,” said Chief Financial Officer Mark Brodsky.

Chris Schaaf of Keystone Partners represented the buyer and Mike Bilodeau of Merrifield Partners represented the seller in the above transaction.

521 Corporate Center, a Crosland project developed by Merrifield Partners, is a 67-acre office park located three miles south of Ballantyne along the SC / NC state line.

About Merrifield Partners
Merrifield Partners, an affiliate of Crosland, is one of the Charlotte area’s leading office and industrial development and brokerage firms. Operating as Crosland Commercial for many years, Merrifield Partners has developed over 4,000 acres of land and 3.5 million square feet of commercial space. For more information, visit

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