Time Warner Cable leases space at Whitehall Business Center.

Charlotte, NC (July 2009)

Time Warner Cable has leased 16,000 s.f. in Whitehall Business Center, 7606 Whitehall Executive Drive, Charlotte, a Crosland project developed by Merrifield Partners. The location will be used primarily as a warehousing facility to support Time Warner's Charlotte area cable television, high-speed internet, and digital phone businesses.

Time Warner Cable is the second-largest cable operator in the United States serving over 14 million customers in New York State (including New York City), the Carolinas, Ohio, southern California (including Los Angeles) and Texas.

Jon Jarrett of Merrifield Partners represented the landlord in this transaction.

Whitehall Business Center is a 102,000 s.f. class A flex building located on Arrowood Road in Charlotte, NC with excellent access to Hwy 49, I-77, I-485, I-85 and Charlotte Douglas International Airport.

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 www.merrifieldpartners.com

About Crosland LLC

Founded in 1937, Crosland is one of the most prominent diversified real estate companies in the Southeast and is recognized as a leading community builder. 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, Kentucky, New Hampshire, Tennessee and Virginia. The privately held company has an asset portfolio and projects underway that have a market value exceeding $2.0 billion. For more detail, visit crosland.com.