Charlotte, NC (April 2008) – The following sales have recently taken place at Old Hickory Business Park, a Crosland project developed by Merrifield Partners:
- Mainline Realty, LLC purchased a 4.09-acre site. The location will be the corporate office and distribution center for Mainline Supply, a utility contractor. Lamar Phillips of Alliance Commercial Real Estate Services, LLC represented the buyer in this transaction.
- Partners in Hoops, LLC purchased a 4.99-acre site. This location will be the site of a 44,000 square foot recreational basketball facility. The facility will contain five (5) regulation size basketball courts with seating for spectators.
- Vacu Vin, Inc. purchased an 11,568 s.f. flex condo at 1009 – C Forsyth Avenue. This location will be the site of Vacu Vin’s distribution center. Vacu Vin is an international manufacturer and distributor of innovative food and wine related products for home and professional use. Bill Pritchard of Pritchard Properties represented the buyer in this transaction.
The 225-acre business park is located on Indian Trail-Fairview Road in Indian Trail, Union County, NC. Jon Jarrett of Merrifield Partners represented the seller in all of the above transactions.
About Merrifield Partners
Merrifield Partners, an affiliate of Crosland, is one of Charlotte’s leading office and industrial development and brokerage firms. Operating as Crosland Commercial for many years, Merrifield Partners developed a portfolio of over 2,500 acres of land and 2.5 million square feet of commercial space. For more information, visit www.merrifieldpartners.com.
Founded in 1937, Crosland is one of the Southeast’s leading diversified real estate companies. Its expertise in retail, multifamily, office, land development and general contracting enables it to be an innovator in multi- and mixed-use development.
Headquartered in Charlotte, N.C., Crosland has offices in Raleigh, Orlando, Tampa and Nashville, and develops, builds and manages properties in the Carolinas, Florida, Tennessee and Virginia. The privately held company’s current portfolio has a market value exceeding $1 billion. For more detail, www.crosland.com.