The latest of what’s going on from Terranova’s office to yours.

Terranova Inks $1.035 Million Deal for Ihop Restaurant

MIAMI BEACH, FLORIDA – December 3, 2004 – Terranova Corporation has signed International House of Pancakes as a new tenant in Courtyard Shops of Wellington, adding one more eating option at the Publix-anchored shopping center. The restaurant chain has signed a 10-year lease for a 4,140-square foot restaurant.

Terranova Sells Retail Outparcel for $1.32 Million

MIAMI BEACH, FLORIDA – November 22, 2004 – Terranova Corp. has completed the sale of a 1.71-acre shopping center out parcel in Miami-Dade County for $1.32 million. Terranova leasing agent Hubert Chen represented the seller in the transaction. The buyer was Gastion Inc./Victory Petroleum, an operator of gas stations.

Terranova Reports Improved Shopping Center Occupancy and Rents in Palm Beach County

MIAMI, FLORIDA – Nov. 12, 2004 – Palm Beach County shopping centers, which suffered from double-digit vacancy rates at the end of 2001, have bounced back with strong occupancy and double-digit percent increases in average rent, according to a recent research study by Terranova Corp. in Miami.