Data Transfer Solutions, LLC, celebrates best quarter ever

ORLANDO - Data Transfer Solutions, LLC, (DTS) the Orlando-based firm that provides asset management, Geographic Information Systems (GIS), transportation planning, Web design, database applications, and video and multimedia production services to local governments and regional and state agencies throughout the U.S., reported its 2010 first quarter results rank among the company’s best since its founding in 2004.

A.M. “Trey” Fragala III, AICP, PMP, chief operating officer at Data Transfer Solutions, said the firm was awarded 28 new contracts in the first quarter ending March 31 and formalized 11 agreements called contract vehicles that may result in ongoing work assignments, the largest of which worth a potential $8M over five years.

In the largest single contract executed during the first quarter, DTS is developing unique GIS mapping technology that will help the Texas Forest Service identify forest lands susceptible to wildfire outbreaks. That contract is worth an estimated $360,000, Fragala said.

First quarter revenues grew by more than 28 percent over the same period last year, Fragala said.

“We are now working on more and larger individual projects than ever before,” Fragala said.

“We have established DTS as a dominant provider in several work areas that can substantially reduce the cost of government services just at the time when reducing the cost of government is a critical concern,” he said.

Fragala said DTS plans to expand one division---the firm’s Earth Eye subsidiary, which provides aerial and mobile LiDAR, orthophotography, and precision mapping, and may spin off another division--- as a subsidiary company as well.
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For more information, contact:
A.M. “Trey” Fragala, III, AICP, PMP, Chief Operating Officer, Data Transfer Solutions, 3680 Avalon Park East Blvd., Suite 200, Orlando, 32828; 407-382-5222; tfragala@edats.com; Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142 lvershelco@aol.com

NAI Realvest Reports it Closed on 78 Commercial Real Estate Transactions in First Quarter, Revenues up More than 65 Percent

MAITLAND - NAI Realvest, which ranks as one of the region’s largest commercial real estate companies, reported it closed on 78 commercial property leasing and sales transactions during the first quarter that ended March 30.

Patrick Mahoney, president of NAI Realvest, said the dollar value of transactions during the first quarter increased by more than 65 percent over the same period last year.

The largest sale transaction of the quarter was worth $4 million for a 46-acre Palm Coast site negotiated by NAI Realvest managing partner Paul P. Partyka and associate Chris Butera. The sale was ranked as the largest land sale in the Palm Coast area in the last two years.

Mahoney said the largest lease transaction for the firm’s first quarter was for 86,000 square feet at Orlando Central Park, leased to Bologna, Italy based manufacturer Pelliconi Group, and negotiated by the NAI Realvest Industrial Team of Robert Blackwell, SIOR, Sean DuPree, CCIM and Jim Murr.

For more information, contact:
Patrick Mahoney, President, NAI Realvest 407-875-9989 pmahoney@realvest.com; George Livingston, Chairman Emeritus, NAI Realvest 407-875-9989 glivingston@realvest.com; Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 lvershelco@aol.com

About NAI Realvest:
NAI Realvest, serving all of Central Florida, is a fully integrated commercial real estate operating company specializing in brokerage, development, investment, leasing and management, consulting and research services in the U.S. and worldwide. NAI Global is an international commercial real estate network with over 325 offices spanning the globe. Since 1978, clients have built businesses on the power of NAI Global’s expanding network. Extensive services include multi-site acquisitions and dispositions, sublease, tenant representation, lease administration and audit, investment services, due diligence and related consulting and advisory services. To learn more, visit www.nairealvest.com.

Mercantile Capital Corporation Eyes Major Lending Growth in First Quarter, Projects Loans Valued at over $26 Million

ALTAMONTE SPRINGS - Mercantile Capital Corporation reports it closed on five commercial property loans worth more than $11.6 million in total project costs in January. The firm, which ranks as one of the largest providers of U.S. Small Business Administration (SBA) 504 loans in the nation, predicts it will see a record first quarter this year with loans worth more than $26 million in total project costs.

Christopher G. Hurn, president and chief executive officer of Mercantile Capital Corporation, said the firm closed on only three commercial property loans during the first quarter of 2009.

The firm finished the year with 35 closed loans worth over $78.1 million in total project costs.

This year, Hurn said, Mercantile Commercial should close on loans that represent more than $103 million in total projects.

Hurn said Mercantile Capital’s largest project in January was $4.7 million for the construction and improvements of an existing convenience store in Las Vegas.

For more information about this press release, contact: G. Geoffrey Longstaff, Chairman, Mercantile Capital Corporation 407-786-5040; Christopher G. Hurn, CEO, Mercantile Capital Corporation, 407-786-5040