GVA Advantis Announces Strategic Alliance With Urban Realty Advisors

ORLANDO, FL, Feb. 9, 2009 – GVA Advantis, a real estate services firm based in Washington, DC with 16 offices throughout the southern United States, announces a strategic alliance with Urban Realty Advisors, a Washington-based firm known for its expertise in development services and project management.

Urban Realty Advisors (URA) will provide development services as part of the GVA Advantis group of companies, adding to GVA Advantis’ diverse and significant service lines.

URA will provide development, project and construction management from conceptual planning through final occupancy for third-party clients.

Additionally, it will provide advisory and consulting expertise to include due diligence, feasibility analyses, asset valuation and asset management for single properties and diverse real estate portfolios.

Joining the GVA Advantis family as Principals of URA are William Herman (middle left photo) and Eric May (middle right photo).

Herman is a seasoned real estate executive in the Washington, DC region with over 28 years of experience, having co-founded Concord Partners in 1995 and Urban Realty Advisors in 2004.

During his career, Herman has been involved in over 10 million square feet of development including office, hotel and multifamily projects.

May co-founded URA with Herman and has been involved in numerous development projects and consulting assignments both locally and nationally over the last 12 years.

“GVA Advantis continues to expand its capabilities and add new product areas that strengthen our clients’ businesses. By offering development services, we have truly become a full-service real estate firm,” said Rich Pogue, (top right photo) CEO of GVA Advantis.

“Bill Herman and Eric May are talented development professionals with an exceptional track record, and our clients will benefit from their time-tested approach in an ever evolving market.”

Lisa Bailey, (bottom left photo) senior director of office and industrial services in GVA Advantis’ Orlando office, said, “This is an exciting move forward in the redevelopment of our company since its recapitalization last year.

"It is another great stride in our ability to provide our clients the most comprehensive services in a market where every advantage we can offer is a plus.”

Media Contact: Shelli Browning, 255 South Orange Avenue, Suite 750, Orlando, FL 32801. PH 407.999.4775. sbrowning@gvaadvantis.com