Condo suites sold at Northcross Business Campus

Charlotte, NC (January 2008)

CRC Properties of the Carolinas has purchased Suites A, B, C & D in Building 2 at Northcross Business Campus, a Crosland project developed by Merrifield Partners. The location will be the site of the offices of Standpoint Technologies, Thinkgate and JobPro Technology.

Jeff Carter and Robin Reavis, CRC Properties owners, are very excited about locating their technology companies into the Northcross Business Campus. The prime location, restaurant accessibility and convenience to I-77 were key reasons for their selection. CRC Properties has approximately 2,700 s.f. of available space at this property which can be upfitted and available as early as April. CRC Properties of the Carolinas can be reached at 704-787-3395.

Northcross Business Campus is a 50-acre business park located off of I-77 at Exit 25 in Huntersville, NC. Gary T. Knox of Joe Knox Properties represented the seller and buyer in this transaction.

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 3,500 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.