Acting on behalf of private investors Mesa Verde Corp closed today on the first 200 acres of a 500 acre acquisition. Mesa Verde Corp. Chief Financial Officer Jim Olson says, " It's a significant milestone because it immediately allows us to move forward with entitlements and subdivision, and will allow us to come to market sooner than anticipated."

Mr. Olson who attended both Northwestern University and the Universidad de Sevilla in Spain is a Group Senior Vice President and partner in one of the largest banks in the Chicago area. "As a partner in a U.S. bank I continually analyze transactions and micro markets and the La Paz area has many positive leading indicators pointing to it as an emerging market.  I have personally made a big commitment to the La Paz area not only with Mesa Verde Corp but also with my land aggregation company Frontera Propiedades S. de R.L. de C.V." says Mr. Olson. "I am really excited about this project.  We have a beautiful location, a diverse team and many unique eco elements."