Red Rock Developments Completed Distribution Facility for Norwegian Furniture Manufacturer

February 27, 2012

Red Rock Developments, a national single tenant developer of industrial, office and retail properties was selected to represent Burke Development, Inc. and Burke County in the development and upfit of a 100,000 square foot facility located in Morganton for Ekornes ASA. Red Rock provided development oversight and construction management services for the project.

Ekornes ASA, based in Norway, is the largest furniture manufacturer in the Nordic region and when they looked to expand their manufacturing operation into North America they selected the Burke County site because of the location and the Burke County work force.

“We’re thrilled to continue job and tax base growth in Burke County with Ekornes ASA. Red Rock Developments provided leadership and assistance in not only winning this project, but managing the upfit as well,” said Scott Darnell, Executive Director of Burke Development Inc.

Ekornes ASA manufactures brand names such as Ekornes, Stressless and Svane. Products are manufactured in Norway and marketed all over the world by a network of national and regional sales companies. The Morganton facility will allow Ekornes, ASA to significantly improve their delivery time for North American customers.

“We are pleased to work with Burke Development, Inc. in bringing this facility to Morganton. Eckones ASA builds great furniture and the jobs created are good for Burke County. It is always good to see a great development come together” said Bill Smith, Chief Executive Officer, Red Rock Developments.

Red Rock’s primary focus is on the build-to-suit development of single tenant, net lease properties. Their single tenant services also include acquisitions, net lease advisory services, and land park development. In addition, Red Rock also develops single tenant net lease buildings and grocery-anchored retail centers.