Southern Health Partners, Inc. purchases an office condo at Blakeney Professional Center.

Charlotte, NC (July 2009)

Southern Health Partners, Inc. has purchased Suite 300 (3,233 s.f.) at Blakeney Professional Office Building 17, a Crosland project developed by Merrifield Partners. Southern Health Partners provides medical services to small and medium sized county correctional facilities in the Southeast and Midwest.

Jeffrey Reasons, president of Southern Health Partners, chose to buy in Blakeney "because of the convenient quiet location, easy access, and quality of construction. It is the ideal home for our Charlotte office staff."

Scott Wilson and Paul Devine of Childress Klein Properties, Inc. represented the buyer and George Macon of Merrifield Partners represented the seller in the above transaction.

Blakeney Professional Center is a 30-acre commercial center located within the overall Blakeney project. Blakeney is the culmination of two decades of planning and includes 270 acres of single-family attached and detached homes, apartment homes, retail, commercial, and office development. This mixed-use development is located at the intersection of Rea and Ardrey Kell Roads just two miles from the I-485 Interchange. Forty-five acres have been preserved for greenways and wetlands along the Flat Branch Creek. A community green lies adjacent to the retail center. The retail center offers 500,000 square feet of space anchored by a Harris Teeter and Target.

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.