Charlotte, NC (February 2006) – Vascular Access Real Estate, LLC has purchased Building 14 totaling 8,078 square feet at Blakeney Professional Center, a Crosland project developed by Merrifield Partners. The location will be the site of Southeast Renal Associates.

George Macon of Merrifield Partners represented Crosland in this transaction. David Dorsch and Brad Grow of Colliers Pinkard represented the Buyer in this 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 will include 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 will be adjacent to the retail center. At completion, the retail center will offer around 500,000 square feet of space, with the first phase anchored by a Harris Teeter and Target. Blakeney Greens is the first neighborhood in the northeast part of the development with homes and town homes built by Saussy Burbank and Ryan Homes.

About Merrifield Partners

Merrifield Partners, an affiliate of Crosland, is one of Charlotte’s leading office and industrial development and brokerage firms. Operating as Crosland Commercial for many years, Merrifield Partners developed a portfolio of over 2,500 acres of land and 2.5 million square feet of commercial space. For more information, visit www.merrifieldpartners.com.

About Crosland

Founded in 1937, Crosland is one of the Southeast’s leading diversified real estate companies. 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, Tennessee and Virginia. The privately held company’s current portfolio has a market value exceeding $1 billion. For more detail, www.crosland.com.