Charlotte, NC (June 2006) – Keller Building Products has purchased a 7-acre parcel (sales price $385,000) at Caldwell Business Park, a Crosland project developed by Merrifield Partners. The site will be the location of Keller Building Products’ new 60,000 sf office & distribution center.

Caldwell Business Park is a 50-acre light industrial park at Caldwell Road and NC 49 in Harrisburg, NC. Jon Jarrett of Merrifield Partners represented Crosland and Norman Walters of The Keith Corporation represented the Buyer in this transaction.

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.