90
CHARLOTTE, N.C. — Electrolux has named Columbia, S.C.-based Red Rock Developments the developer for the expansion of its North American headquarters in Charlotte. Electrolux has entered into a 20-year lease agreement with Red Rock, which will be responsible for the development and financing of the $85 million project. Red Rock will jointly finance the project with Marc Realty, a real estate investment firm based in Chicago. The project will include the addition of a second facility adjacent to the existing property. The new property will span six stories and 375,000 square feet. The property is slated to be LEED certified and feature solar panels, a roof garden and a courtyard.