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TERMS OF SERVICE

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Online Privacy Policy

Terranova respects the privacy rights of our online visitors and recognizes the importance of protecting the information collected from you.

Terranova will not sell, borrow, or share your contact information with any outside parties. All information collected (which will be limited to name, e-mail address, physical address, and phone number) will only be used and accessible to selected Terranova representatives. We respect your privacy and will only use your information to improve customer service, website functionality, and to communicate with you. Communications may include, but are not limited to:

  • Responses to your inquiries
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  • To share research reports created by our internal Marketing department

If you have any questions or concerns regarding any information presented in this policy, please contact us by telephone at 305.695.8700.

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including market trends in the industry, events, future development projects and more.

  • post ghost

    In the news

    The Worst Case Scenario: Why That’s Where Your Power Lies

    THRIVE GLOBAL — JUNE 3, 2021 BY STEPHEN BITTEL As the Chairman and founder of one of the top commercial real estate firms in Southern Florida, I have plenty of experience thinking, sometimes agonizing, over the worst case scenario. I care about the success of the company and its employees, so how could I not inevitably worry about losing them? Downside risk is always on my mind and an often forgotten part of every investment…

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    As Miamians go back to work, new ‘digital nomads’ are changing the city’s economy

    MIAMI HERALD — MAY 23, 2021 BY ROB WILE and REBECCA SAN JUAN If remote working helped usher in Miami's current wave of migrants, what happens now that it's safe to return to work? After a year away from the office, companies whose business can be conducted with just a phone and computer are working out just how to balance cost, lifestyle and corporate culture variables in the post-pandemic era. The shakeout could have implications…

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    Adjusting for Market Changes: A Business Case Study of Stephen Bittel’s Terranova

    CEO WORLD MAGAZINE — MAY 7, 2021 BY ANNA PAPADOPOULOS It is the dream of every entrepreneur to see their company grow, taking on new challenges as the years in business become decades. However, one challenge that is often not thought about in the early years is the inevitable changes that will occur as your business ages. Whether it be markets or technologies, change is the one true constant in business and very few of…

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    Interview with Stephen Bittel, Founder of Terranova Corporation

    BILLION SUCCESS — APRIL 13, 2021 Stephen Bittel has worked in the commercial real estate sector for over 40 years. He is founder and chairman of Terranova Corporation, one of the top firms in South Florida that has served as the exclusive agent for more than $5 billion worth of commercial projects and represented notable clients such as Morgan Stanley, Bank of America, and New York Life. Bittel was born and raised in Miami and…

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    In the news

    Innovating in Commercial Real Estate: How Terranova CEO Stephen Bittel Creates Continuous Value in Planned Urban Development Projects

    TMCnet — MARCH 25, 2021 — BY HANNAH MADISON For most of human history, a valuable natural resource such as a water source or defensible high ground was often the reason for a community to develop. The ancient Egyptians famously settled along the Nile River, utilizing the vast resource to build their kingdom. The Inca Empire made their home high in the Andes Mountains, using terrace farming to allow them to build aqueducts that were…

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    Coral Gables’ most beloved Irish pub closed last year, but now it’s making a comeback

    MIAMI HERALD — MARCH 17, 2021 — BY CARLOS FRIAS Martin Lynch was on the fifth hole of the Biltmore golf course when news went out that Coral Gables Irish pub he cofounded, JohnMartin's, would reopen with new owners. Irish eyes smiled on St. Patrick's Day. Lynch and partner John Clark closed their pub, one of the longest-running restaurants in South Florida, on its 31st anniversary in April of 2020. They had long planned to…

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    Miracle Mile staple JohnMartin’s Irish Pub & Restaurant, closed since April 2020, to reopen later this year

    SOUTH FLORIDA BUSINESS JOURNALS — MARCH 17, 2021 — BY MATTHEW ARROJAS A Coral Gables staple won't disappear after all, with new ownership pledging to bring JohnMartin's Irish Pub & Restaurant back later this year. The 32-year-old eatery, at 253 Miracle Mile, closed in April 2020 due to the Covid-19 pandemic and was unable to reopen, even after dine-in restrictions were lifted during the summer. However, Miami-based Breakwater Hospitality Group took ownership of the establishment…

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    Beloved Irish Restaurant JohnMartin’s Reopening Under New Management

    EDIBLE SOUTH FLORIDA — MARCH 17, 2021 There's welcome news this St. Patrick's Day - JohnMartin's Irish Pub and Restaurant, the popular bar and restaurant on Miracle Mile that closed last year after 31 years, will reopen this fall. Breakwater Hospitality Group (BHG), whose portfolio includes The Wharf, Rvertail and the new Ch'i, and Erick Passo, owner of Black Market Miami, will renovate and reopen the Irish eatery. "Our team is proud to breathe new…

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    Fairchild Botanical Gardens Unveils New Exhibit on Lincoln Road

    INSIDE SOUTH FLORIDA — MARCH 10, 2021 — BY MIRIAM TAPIA Renowned for its world-class collection of tropical plants, the Fairchild Tropical Botanic Garden has teamed up with the Lincoln Road BID to unveil its newest exhibition. The Fairchild Gardens on Lincoln Road celebrates plant life along Lincoln Road’s eight-block pedestrian promenade. The collaboration between Miami Beach and Fairchild has been blossoming for the past several years but now Lincoln Road is being reimagined as…

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    In the news

    PepsiCo Site Trades for $55M in Miami

    COMMERCIAL PROPERTY EXECUTIVE — FEBRUARY 10, 2021 — BY BARBRA MURRAY Terra and Terranova Corp. have just sold the 23.7-acre former PepsiCo regional headquarters and distribution center site in Doral, Fla., three years after having acquired the asset in a $40 million sale-leaseback transaction. The companies sold the property to a Santa Monica, Calif.-based entity, cited in Miami-Dade County records as Park 7777 NW 41st Street Owner LLC, for $55 million. Terra and Terranova note…

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    Terra, Terranova sell 24-acre property in Doral for $55M

    THE REAL DEAL — FEBRUARY 8, 2021 — BY KATHERINE KALLERGIS Terra and Terranova Corp. sold a nearly 24-acre development site in Doral to logistics real estate investment firm GLP Capital Partners for $55 million. The two firms planned to develop the property, home to PepsiCo’s former regional headquarters and bottling plant, into an industrial and retail development. Terra and Terranova had purchased the property, at 7777 Northwest 41st Street, for $40 million in 2018.…

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    Former PepsiCo plant in Doral sells for $55M

    SOUTH FLORIDA BUSINESS JOURNAL — FEBRUARY 8, 2021 — BY BRIAN BANDELL The former PepsiCo bottling plant in Doral is slated for redevelopment after being sold for $55 million. Miami-based Terra and Miami Beach-based Terranova, through their interest in 7777 Investment LLC, sold the 23.7-acre site at 7777 N.W. 41st St. to an affiliate of GLP Capital Partners, an industrial developer led by Alan Yang in Santa Monica, California. Terra and Terranova, led by David Martin and Stephen Bittel, respectively,…

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    In the news

    Terranova Founder and Chairman Stephen Bittel’s New Leases Provide a Glimpse at a Brighter Horizon

    REALTY BIZ NEWS — FEBRUARY 8, 2021 — BY JAMIE RICHARDSON 2020 brought to fruition many trends that may have just been a seedling of change pre-pandemic. No industry has come out of the initial impact unscathed. The commercial real estate market was no exception to this widespread avalanche of change and has taken a hard hit from the pandemic in seemingly every realm. Why rent out office space when the pandemic has proven work…

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  • post ghost

    In the news

    Retail pop-ups rise in popularity in South Florida despite market upheaval

    SOUTH FLORIDA BUSINESS JOURNAL — FEBRUARY 3, 2021 — BY MATTHEW ARROJAS While on a walk, Jozy DeFord came across an ad for vacant space at a Terranova Corp. development on Lincoln Road. That day, she decided to finally open her first brick-and-mortar store after years of waking up at 3am to sell her retro wares at various markets across South Florida. She call the number and three weeks later on October 23 opened her…

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  • post ghost

    In the news

    Stephen Bittel & Terranova Bring Value to Miami Beach and Coral Gables Areas

    DEADLINE NEWS AGENCY — JANURARY 11, 2021 — A lot of changes have come with COVID-19. The pandemic wave has caused businesses to shutter up for good in some areas, unable to keep up with policy changes or digital migration. But, what is a sad day for some companies has turned into a golden opportunity for others. As companies close or choose to downsize to another location, prime commercial real estate in Miami is left…

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    In the news

    Terranova signs new retail tenants on Lincoln Road, Miracle Mile

    SOUTH FLORIDA BUSINESS JOURNAL —DECEMBER 21, 2020 — BY MATTHEW ARROJAS Retailers continue to sign new leases in South Florida, despite the Covid-19 pandemic, even on some of the region's most expensive retail strips. Miami Beach-based commercial real estate firm Terranova Corp. announced that four new retailers are coming in Miami Beach, while five secured leases along Miracle Mile in Coral Gables. The nine new tenants will occupy a combined 20,000 square feet of space.…

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  • post ghost

    In the news

    Stephen Bittel Announces Incredible Lineup for Holiday Shopping Trips Near Miami

    THE POINT NEWS — DECEMBER 16, 2020 — It’s that time of year again—the time where everyone is looking to purchase gifts for the people they love. It can be a challenging time, especially for those who have just about everything or don’t ask for a lot. Small shops provide an advantage to find unique gifts, while also supporting the local families in a more direct way. This holiday season, you should consider supporting as…

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  • post ghost

    In the news

    The Questions to Ask Yourself Before Pursuing Entrepreneurship

    THRIVE GLOBAL — NOVEMBER 17, 2020 — When I was 23 years old, I found myself at a crossroads in my short life. I had grown up assuming that like my father and grandfather before me I would become a lawyer, but when I was in my second year of law school a new opportunity presented itself to me. Never one to take a day off, I had also taken a full-time job at a…

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    In the news

    Stephen Bittel’s Adaptability in the Face of an Ever Changing Market

    REALTY TODAY — NOVEMBER 17, 2020 — BY ERNEST HAMILTON Success in the real estate market looks different on everyone and requires a combination of skill, risk tolerance, and sometimes sheer luck to achieve. The difference between a good career and a great career in real estate is nearly intangible, but the career of Floridian Real Estate Mogul Stephen Bittel is a good place to start. While reviewing Bittel's career, it's difficult to pinpoint exactly where that…

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    In the news

    Florida’s Real Estate Investment Mogul Stephen Bittel is Committed to Boosting the Economy with Pop-ups and Temporary Occupancy

    REALESTATERAMA — OCTOBER 21, 2020 — Stephen Bittel’s dedication to improving his home city of Miami, Florida has never faltered, even in the face of a global pandemic. Having founded his company at the age of just 24, he chose the name Terranova because of its Latin translation, “new world.” COVID-19 has resulted in unprecedented change that has certainly left a new world in its place. Nevertheless, Stephen Bittel and his team at Terranova are finding new…

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  • post ghost

    In the news

    What Hedgehogs can Teach us about Human Connection and Combating Loneliness

    THRIVE GLOBAL — OCTOBER 19, 2020 — During a pandemic, it’s natural that a lot of us have felt lonely at some point. Whether that feeling is from living alone and suddenly having to work remotely, or spending 24/7 with your family instead of your like minded colleagues; it’s all rooted in a feeling of disconnection. In fact, the feeling of loneliness can exist regardless of the amount of social contact you engage in. What…

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  • post ghost

    In the news

    Terranova’s Stephen Bittel on Revitalizing Lincoln Road Shopping for a Pre-Holiday Boost

    PROGRAMMING INSIDER — OCTOBER 6, 2020 — Miami’s Lincoln Road has become a hotspot for world-class shopping, dining, and entertainment. Along the famed street, hundreds of desirable retailers, chef-centric restaurants, and conceptually-driven bars have seen countless tourists, locals, and adventurers alike. With continued development and improvement from commercial real estate companies like Terranova, this area became a mecca for day trips, shopping, dining, and celebrating. As the global spread of the COVID-19 pandemic has continued…

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    In the news

    Pre-holiday pop-up shops bring new life to Lincoln Road – and fill empty spaces

    MIAMI HERALD — SEPTEMBER 28, 2020 — BY REBECCA SAN JUAN Lincoln Road is getting a trio of new pop-up shops. To help small businesses and fill a growing number of retail vacancies, the Lincoln Road Business Improvement District has launched a pre-holiday pop-up program. So far, three small business owners have signed leases. The Lincoln Road BID approved the program in early September. Retailers submit an application for a 90-day lease, said Tim Schmand, BID executive…

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  • post ghost

    In the news

    To fill vacant stores, Lincoln Road seeks pop-up businesses

    MIAMI TODAY — SEPTEMBER 2, 2020 — BY KYLEA HENSELER Cultural institutions and new retail shops may find temporary homes on Lincoln Road this winter, as the Lincoln Road Business Improvement District is hoping to bring in a series of pop-ups to boost business and fill vacancies.  The improvement district’s executive committee has unanimously voted to support and promote pop-ups during the upcoming season. “We’re looking to work with local cultural organizations that may want…

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    In the news

    Terranova Corp.’s Stephen Bittel Reflects on the Importance of Recognizing Potential

    COMPANY LEADERS — AUGUST 24, 2020 Founded in 1980, multifaceted real estate development and management firm Terranova Corporation has enjoyed steady growth in Florida’s commercial real estate sector. From its inception, the company focused on growing an impressive portfolio, providing unparalleled customer service for managed assets, and maximizing the growth potential for businesses. As the company prepares to celebrate its 40th birthday, Founder Stephen Bittel reflects on Terranova’s growth and his commitment to evolving the…

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  • post ghost

    In the news

    IdeaMensch Interview with Stephen Bittel

    IDEAMENSCH — AUGUST 21, 2020 — BY STEFAN JUNGE Stephen H. Bittel is the Chairman and founder of Terranova Corporation, leading the firm’s ownership and operation of a significant commercial real estate portfolio. As the South Florida real estate has grown, Bittel has stayed connected to South Florida, serving his community for years. A Miami native, he has served on the Boards of the Chapman Partnership, the Miami-Dade Expressway Authority, Teach for America (TFA),and Jackson…

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  • post ghost

    In the news

    40 Years of Business, 40 Years’ Worth of Advice

    THRIVE GLOBAL — AUGUST 10, 2020 During my sophomore year at University of Miami School Of Law, I founded Terranova Corporation as the vehicle to operate a commercial property for a local partnership. Since the company’s 1980 inception, Terranova has become a leader in the Florida commercial real estate market. By maximizing the value of business through real estate, I was able to establish trust, forge professional relationships, and leverage profit for tenants on a long-term…

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  • post ghost

    In the news

    Real Estate Developer Stephen Bittel On How Hyperlocal Economies

    GLASGOW ARCHITECTURE — AUGUST 4, 2020 As the Founder and CEO of Southern Florida's Terranova Corporation, a leading multi-service commercial real estate development firm, Stephen Bittel has witnessed the impact that hyperlocal economies have on particular regions. For forty years, Bittel's constant evolution, modernization, and revitalization of commercial real estate has directly manifested change within communities. Championing the cycle of prosperity that is born from increased local commercial activity, Bittel has long been a proponent…

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    In the news

    Mediterranean restaurant to open on Miracle Mile in Coral Gables

    SOUTH FLORIDA BUSINESS JOURNAL— JULY 31, 2020 — BY MATTHEW ARROJAS Seasy Mediterranean is set to open later this year on Coral Gables' popular Miracle Mile. The eatery, from Italy-born, Miami-based Made in Napoli Hospitality, signed a lease for 2,595 square feet at 136 Miracle Mile. The group agreed to a three-year term with Miami Beach-based Terranova Corp. Restaurant owner Giovanni Maglione said he plans to open in November. The space was previously occupied by…

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  • post ghost

    In the news

    Stephen Bittel’s Terranova Developing Downtown Cores in Miami

    PATCH.COM— JULY 23, 2020 — BY SEAN BUBB As the founder and chairman of one of the top commercial real estate firms in southern Florida with over 40 years experience, Stephen Bittel knows the industry. A native of Miami whose family has lived in the city for generations, Bittel has used this knowledge of his hometown in combination with a shrewd intuition for trends within the real estate market to build Terranova, a company that has served…

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    Stephen Bittel’s Terranova and the Evolution of Coral Gables’ Miracle Mile

    E-ARCHITECT — JULY 14, 2020 — BY ADRIAN WELCH Nestled among palm trees, sunny Coral Gables has long enjoyed a reputation as being a favorite destination for native Floridians looking for an immersive experience, and out-of-town guests alike. Evolving through time to meet increasing consumer demands, resident desires, and population growth, Coral Gables’ infrastructure has expanded to include a robust Downtown section. With ongoing development of desirable urban living, local amenities for residents, and commercial spaces to…

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    In the news

    Why a Sense of Community is More Important than Ever

    THRIVE GLOBAL — JULY 6, 2020 — BY STEPHEN BITTEL The past year has brought about feelings of uncertainty and anxiety unlike any many of us have known. The coronavirus pandemic and subsequent sheltering in place has put all of us in unprecedented levels of isolation, and while today's technology has allowed us to remain social with our friends and family via social media and video chats, the same can't be said about the small…

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    As Terranova Turns 40, Founder Stephen Bittel Reflects On Florida’s Commercial Real Estate Development

    SOUTH FLORIDA REPORTER — JULY 3, 2020 — BY GUEST CONTRIBUTOR Across thriving cities, pockets of hyper-local communities exist, ebbing and flowing with their bespoke local economies, trends, job markets, and living spaces. With growing interest from potential residents and businesses alike, their growing neighborhood prosperity attracts the development of commercial space, public-use infrastructure, and community enriching lifestyle enhancements. In South Florida, commercial real estate development has been spearheaded by Stephen Bittel, and his vehicle,…

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    In the news

    People on the Move in South Florida

    SOUTH FLORIDA BUSINESS JOURNAL — JULY 1, 2020 — Stephen Bittel is founder and chairman of Terranova Corporation, one of the top commercial real estate firms in southern Florida and holds notable clients such as Morgan Stanley, BlackRock Realty, and Bank of America. A native of Miami, Bittel dedicates much of his time to serving his local community, holding the positions of trustee member for the Greater Miami Chamber of Commerce, board director for Jackson…

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    Miami Beach’s Lincoln Road is betting on outdoor dining and culture. Locals are key.

    MIAMI HERALD — JUNE 19, 2020 — BY JANE WOOLDRIDGE When Timothy Schmand took over as executive director of the Lincoln Road Business Improvement District almost 2 1/2 years ago, the closest Miami had come to a pandemic was on a movie screen. Lincoln Road, it seemed then, had more pressing problems. Commercial rents were soaring, forcing small businesses from Miami Beach's signature pedestrian promenade, and the freewheeling ambiance of the Road seemed to be…

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    Coral Gables takes a step forward with developer’s hotel plans on the Mile

    MIAMI HERALD — NOVEMBER 4,  2019 — BY REBECCA SAN JUAN The developer behind a proposed hotel on Miracle Mile took another stride forward with its plans. The City of Coral Gables commission approved the Transfer of Development Rights (TDRs) in early October, which allows the real estate developer and commercial property team Terranova to apply its floor area ration (FAR) of 7,509 square feet at 348 Miracle Mile to the proposed hotel at 220…

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    Gables considers 7-story hotel on mile designed by Arquitectonica.

    MIAMI HERALD — SEPTEMBER 13,  2019 — BY REBECCA SAN JUAN Coral Gables has moved a step closer to having a seven-story hotel on Miracle Mile. The Coral Gables Planning and Zoning Department recommended that Gables Miracle Mile, LLC, registered under Terranova Corp., build at 220 Miracle Mile. The parcel comprises eight lots on less than an acre. In a 4-2 vote, the department Wednesday approved a receipt of transfer of development rights and a…

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    Lincoln Eatery Seeks Rooftop Expansion

    RE: MIAMI BEACH — AUGUST 24,  2019 — BY SUSAN ASKEW Miami Beach's first food hall, open since the beginning of February, now wants to grow through the roof. Literally. Lincoln Eatery has applied to the Planning Board to modify its previously approved Conditional Use Permit to allow a rooftop bar and outdoor entertainment area accessible from the first floor food hall. Currently the establishment at 723 Lincoln Lane North below Marshalls has the capacity…

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    Lincoln Road’s $67M makeover takes big steps with new accord between owners and city

    MIAMI HERALD — JULY 31,  2019 — BY JOEY FLECHAS Lincoln Road property owners have agreed to tax themselves at a higher rate to pay for part of an ambitious plan to revamp the look and feel of South Beach's outdoor mall, part of a deal with the city that aims to jump-start the first large-scale makeover of the walkway in more than 20 years. After many months of discussion between owners and Miami Beach…

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    Stephen Bittel’s Terranova wants in on the hotel game on Miracle Mile

    THE REAL DEAL — JULY 25,  2019 — BY KATHERINE KALLERGIS Terranova Corp. is planning to build a mixed-use hotel on the newly ramped Miracle Mile in Coral Gables. Gables Miracle Mile LLC, an affiliate of Stephen Bittel's Miami Beach firm, submitted a proposal for the Mile Hotel and Shops, a 120-key development at 220 Miracle Mile. The Arquitectonica-designed property would be seven stories and 70 feet, with more than 28,000 square feet of retail…

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    Hotel proposed on popular Coral Gables street

    SOUTH FLORIDA BUSINESS JOURNAL — JULY 24,  2019 — BY BRIAN BANDELL Terranova Corp. wants to redevelop a retail buildling on Miracle Mile in Coral Gables into a hotel with ground-floor retail and restaurants. The heart of the city's downtown and entertainment district, Miracle Mile recently received a streetscape enhancement. On July 26, the city's Development Review Committee will consider plans for a six-story building at 200 Miracle Mile. The 23,940-square-foot site is owned by…

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    MC2 Saint Barth inks deal for first U.S. location on Lincoln Road

    MIAMI'S COMMUNITY NEWSPAPERS — JULY 19,  2019 Saint Barth meets Miami with the new beachwear retailer, MC2 Saint Barth bringing their first U.S. location to Lincoln Road. Thriving with over 34 stores worldwide, MC2 Saint Barth's new location in Miami Beach is expected to open later this year. Terranova has signed a 4-year lease with MC2 Saint Barth for 748 SF at 608 Lincoln Road, Miami Beach's premiere retail, entertainment and restaurant high street. Inspired…

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    Miami Beach’s Lincoln Road Now Home to 500 Blooming Orchids

    MIAMI'S COMMUNITY NEWSPAPERS - JULY 19, 2019 - BY MIAMI BEACH CHAMBER Miami Beach's Lincoln Road District, recognized as the cultural and social hub of Miami Beach, announces its latest permanent installation - 500 orchids, planted along the pedestrian street's trees between Meridian Avenue and Jefferson Avenue. The orchids, which more than a century ago blanketed oak and mahogany trees throughout South Florida, will be attached to the Road's existing trees as part of Fairchild…

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    Miami Beach’s Lincoln Road New stores opening at Aventura Mall, Lincoln Road, Bal Harbour & more

    THE REAL DEAL — JULY 19,  2019 — BY INA CORDLE Despite retail turmoil across the United States, several new stores have opened or are planned in South Florida. Lincoln Road - Beachwear retailer MC2 Saint Barth, which has more than 34 stores worldwide, is opening a 748-square foot store at 608 Lincoln Road. Terranova Corp. President Mindy McIlroy scored the four-year lease with the retailer. The store is expected to open later this year,…

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    Lincoln Road Blanketed with 500 Native Orchids

    MIAMI TODAY — JULY 9,  2019 — BY ERO PARTSAKOULAKI Walking on Miami Beach this summer can be even more mesmerizing than usual. Since Tuesday morning a block of Lincoln Road has been blanketed with 500 native orchids, planted among the palms and hardwood trees. Over eight species of the vibrant plant were donated to the City of Miami Beach by Terranova, one of South Florida's leading real estate firms, contributing to the city's goal…

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    South Florida PepsiCo bottling plant could be redeveloped

    SOUTH FLORIDA BUSINESS JOURNAL — February 14,  2019 — BY BRIAN BANDELL The PepsiCo bottling plant in Doral could be rezoned for a large commercial and industrial project called District 79. A joint venture between Miami-based Terra and Miami Beach-based Terranova Corp., through 7777 Investments, filed an application with city officials Jan. 14 to rezone the 23.7-acre site as a planned unit development. They acquired the property at 7777 NW 41st from PepsiCo for $40.3 million in…

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    Terra and Terranova plan retail and industrial project in Doral

    THE REAL DEAL — February 8,  2019 — BY KATHERINE KALLERGIS Terra and Terranova Corp. are planning to build a mixed-use commercial project on a nearly 24-acre site in Doral. The two developers are aiming to present their proposal for District 79, an industrial and retail development at 7777 Northwest 41st Street, to the commission by the summer, a spokesperson for Terra said. David Martin, co-founder and president of Terra, said the joint venture is planning for the…

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    Without a glass ceiling in her way, the only place for Terranova’s new president, Mindy Mcllroy, to go is up.

    INDULGE MAGAZINE — February 8,  2019 — BY ANGELA CARAWAY-CARLTON For Mindy McIlroy, traveling has always inspired her work. After romping through European produce markets, and devouring her way through Eataly in Manhattan, the commercial real estate exec knew that Miami Beach needed a food hall. She had just the spot: the always-bustling Lincoln Road, where her longtime employer, Terranova Corporation, owns six buildings. That was five years ago - long before 2018's frenzy of food hall openings.…

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    Commemorating MUSC as a Parkinson’s Center of Excellence

    WCBD-TV (NBC Charleston) — October 24, 2018 — BY HEATHER OLINGER The Parkinson's Foundation and Medical University of South Carolina (MUSC) recently hosted a plaque unveiling ceremony to officially commemorate the university as a Center of Excellence for Parkinson's. The event honored university staff, including Vanessa Hinson, MD, MUSC Director of Movement Disorders and her team, as well as David Cole, MD, MUSC President. They were joined by Sean Kramer, Parkinson's Foundation Chief Development Officer and Stephen Bittel,…

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    Parkinson’s Foundation Adds 3 Centers of Excellence to Its Network

    PARKINSON'S NEWS TODAY — September 27, 2018 — BY LARRY LUXNOR Ohio’s Cleveland Clinic will officially become a Parkinson’s Foundation Center of Excellence on Oct. 2, followed by the Medical University of South Carolina in Charleston on Oct. 4, and the Cleveland Clinic Nevada in Las Vegas on Oct. 19. Next month’s three plaque unveiling ceremonies will bring the number of U.S. and overseas facilities bearing the designation to 45, said John Lehr, CEO of the Parkinson’s Foundation. “The centers are already functional, and up and running,”…

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    SUMMER CONTINUES TO SIZZLE FOR MIAMI’S RETAIL REAL ESTATE MARKET

    MIAMI'S COMMUNITY NEWSPAPERS — August 7, 2018 Terranova Corporation, South Florida’s leading commercial real estate firm, has announced a plethora of new tenants opening in two of its most prestigious retail locations in Miami-Dade County – Coral Gables’ Miracle Mile and Miami Beach’s coveted world-famous pedestrian thoroughfare Lincoln Road. On Lincoln Road, three new restaurants and a café embracing the diversity of Miami Beach’s local and tourist populations, join the vibrant mix of dining destinations and retail outlets on…

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    Inside the Mind of Stephen Bittel

    THE CORAL GABLES MAGAZINE — August 2018 — BY JP FABER Fifteen years ago Stephen Bittel - Chairman and founder of South Florida commercial real estate powerhouse Terranova - decided to begin buying property on Miracle Mile. Today Terranova is the largest property owner on what Bittel calls Coral Gables' "high street," and a firm believer that families today want to live in walkable urban environments rather than in the suburbs. We recently caught up with Bittel and…

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    First Watch Inks Lease at Miami Lakes Plaza

    SOUTH FLORIDA BUSINESS JOURNAL — July 23, 2018 — BY BILLY JEAN LOUIS Two new eateries have signed leases at a South Florida shopping center. Palm Plaza in Miami Lakes will add First Watch and Arepa 69 to its roster. First Watch, which signed a 10-year lease for 3,747 square feet of space, will open in February 2019. The national chain serves breakfast, brunch, and lunch. Arepa 69, which signed a 5-year lease for 1,700 square…

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    Parkinson’s Foundation Receives $450,000 Gift from Terranova to Expand Centers of Excellence Network

    PARKINSON'S FOUNDATION NEWS — February 6, 2018 — BY CAROLINA HENRIQUES Stephen Bittel, found and chairman of Terranova, has donated $450,000 to the Miami-based Parkinson's Foundation to fund the expansion of its Centers of Excellence network. Bittel also pledged to use his personal and professional networks to raise an additional $1 million for ongoing fellowship grants to encourage young scientists, clinicians and students to study Parkinson's disease. "We are extremely grateful for Stephen's generous donation and his ongoing…

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    PepsiCo sells Miami-Dade site to Terra, Terranova for $40M

    SOUTH FLORIDA BUSINESS JOURNAL — January 2, 2018 — BY BRIAN BANDELL PepsiCo sold its Miami-Dade County offices and bottling plant for $40.27 million to a joint venture between local developers Terra and Terranova Corp. The Business Journal reports in July that the beverage company (NYSE: PEP) listed the 23.7-acre site at 7777 NW 41 St. in Doral for sale. The listing agents were NAI Global's Jay Olshonsky, Clifford Moskowitz and Kimberly Kocur, plus NAI Miami's Gabriela Garcia-Menocal and Lucia Custer.…

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    Expanded retail building opens on Lincoln Road with new tenants

    SOUTH FLORIDA BUSINESS JOURNAL — November 3, 2017 — BY BRIAN BANDELL Terranova Corp. completed the renovation and expansion of a retail building on South Beach's Lincoln Road, one of the nation's most expensive shopping districts. Miller Construction completed the $15 million project at 801 Lincoln Road, at the corner of Meridian Avenue. The three-story building totals 27,077 square feet. The construction of the Art Deco-style building required rerouting power, water, and sewer connections. "Terranova's vision for…

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    Terranova to open Miami Beach food hall off Lincoln Road

    THE REAL DEAL — March 30, 2017 — BY KATHERINE KALLERGIS On the ground floor of the new Marshalls building just off of Lincoln Road, Terranova Corp. plans to open a food hall by the summer of 2018. The Lincoln Eatery, at 723 North Lincoln Lane, will join a handful of new food halls planned for the Miami area. Miami Beach-based Terranova is handling the management and leasing of the project, a 9,600-square-foot food hall that…

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    Lincoln Road and Aventura Mall Both Announce Upcoming Food Halls

    EATER — March 30, 2017 — BY OLEE FOWLER Over the past week details have emerged about two very different Miami malls and their upcoming food halls. First up is Aventura Mall (19501 Biscayne Blvc), which come later this year will open a new three-level expansion wing on the east side of the property. Inside of it will house a variety of different restaurants and cafes like CVI.CHE 105, Serafina, Pubbelly Sushi, Harry’s Pizzeria, and…

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    Miami Beach’s latest food hall, The Lincoln Eatery, unveils renderings

    CURBED — March 29, 2017 — BY JOSH BAUMGARD. Food halls continue to sprout across Miami, with the latest being The Lincoln Eatery, a Terranova project opening at 723 Lincoln Lane in South Beach, just off Lincoln Road. Expected to debut Fall 2018, the building is already anchored by Marshalls on the upper floors. The open culinary concept will focus on fast and affordable dining options within spaces ranging in size from 119 to 500 square…

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    Men’s salon, Mexican eatery opening on Miracle Mile

    SOUTH FLORIDA BUSINESS JOURNAL — December 22, 2016 — BY EMON REISER. A Miami Beach-based real estate advisory firm has confirmed multiple new tenants on downtown Coral Gables' popular Miracle Mile. Terranova Corp. announced the opening of a speakeasy and other incoming tenants, including a men's salon and a Mexican eatery. Copper 29 Bar opened in August at 206 Miracle Mile. The speakeasy features craft cocktails and a menu that includes short rib sliders, organic kale salad,…

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    Coral Gables garage development battle continues

    MIAMI TODAY — December 13, 2016 — BY CATHERINE LACKNER. The competition to redevelop two garages owned by the City of Coral Gables is very much alive, city sources said this week. Though an evaluation committee voted for a proposal by The Allen Morris Company and The Related Group on Dec. 6, “The city commission reserves the right to negotiate with the evaluation committee’s second choice, or with anyone,” said Javier Betancourt, city economic development director.…

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    Terranova is Popping on Lincoln Road

    MIAMI'S COMMUNITY NEWSPAPERS — December 8, 2016 — With the holidays quickly approaching, brands are“popping up” all along Lincoln Road. Terranova recently signed three new short-term deals on the world famous retail street. Cap’n Crunch has landed in Miami Beach in the form of a 2,966 square foot pop-up shop at 721 Lincoln Road. The Kith x Cap’n Crunch store, a partnership between the cereal brand and the New York-based cereal bar, Kith Treats offers both…

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    Two Miami Beach Properties Sell for $49 Million, Doubling Purchase Price

    DAILY BUSINESS REVIEW — July 18, 2016 — BY CARLA VIANNA. Sit on an asset long enough and it'll double in price. That was the case for two office properties in Miami Beach that fetched $49 million late last week — double the original purchase price twelve years earlier.   Terranova Corp. affiliate Beach Tower LLC sold the office towers at 1674 and 1688 Meridian Ave. for $48.75 million in a deal that closed July 14,…

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    Two office buildings near Lincoln Road sell for $48.75 million

    MIAMI HERALD — July 15, 2016 — BY CHABELI HERRERA. An affiliate of Miami Beach-based commercial real estate firm Terranova Corp., Beach Tower LLC, has sold two office buildings a block north of Lincoln Road for $48.75 million, furthering the firm’s goal of expanding the promenade to 17th Street. Ivy MBT Property has purchased the buildings from Beach Tower LLC, which purchased the properties at 1674 and 1688 Meridian Ave. in 2004 Nearby, Terranova is also…

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    Pair of South Beach office buildings sold for $49M

    SOUTH FLORIDA BUSINESS JOURNAL — July 15, 2016 — BY BRIAN BANDELL. Terranova Corp. sold a pair of office buildings in South Beach, just north of trendy Lincoln Road, for $48.75 million. Beach Tower LLC, an affiliate of Miami Beach-based Terranova, sold the offices at 1674 and 1688 Meridian Ave. to Ivy MBT Property, an affiliate of New Jersey-based Ivy Realty. The buildings have 30,132 square feet in three stories and 89,834 square feet in nine…

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    Ivy Realty buys two office buildings off Lincoln Road: $49M

    THE REAL DEAL — July 15, 2016 — BY KATHERINE KALLERGIS. Terranova Corporation has sold two office buildings off of Lincoln Road in Miami Beach for a combined $48.75 million, the company announced on Monday Greenwich, Connecticut-based Ivy Realty is the buyer. Terranova affiliates sold the buildings at 1674 and 1688 Meridian Avenue to Ivy MBT Property. 1674 Meridian Avenue, which is near Terranova’s Lincoln Lane projects, is five stories tall and spans 30,132 square feet. It…

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    Suniland Center Sells for $66.5 Million

    DAILY BUSINESS REVIEW — June 1, 2016 — BY CARLA VIANNA. A Pinecrest retail trade generated a hefty profit after a long hold. The Suniland Shopping Center traded for $66.5 million in a deal that broke down to $811 per square foot - a dollar figure that falls on the higher end of the transaction spectrum in the upscale suburban market, said a broker involved in the deal. Sunny Land Associates Ltd., an affiliate of Miami…

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    Overhaul: Coral Gables spruces up the Miracle Mile streetscape

    FLORIDA TREND — June 2016 — BY ROCHELLE BRODER-SINGER. To boost evening and weekend business, downtown Coral Gables is undergoing major streetscape improvements. The two most radical changes on Miracle Mile will be 23-foot-wide sidewalks that can accommodate outdoor dining (sidewalks are currently 15 feet wide) and parallel parking along the street instead of angle parking. There will also be gardens, landscaping, more trees, decorative lighting and better directional signs, along with a new drainage system. The parking…

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    Suniland Shopping Center in Pinecrest Sells for $56M Profit

    CURBED — June 1, 2016 — BY JOSH BAUMGARD. Terranova's Suniland Associates Ltd., just sold Suniland Shopping Center for a whopping $66.5 million to Denver-based Dividend Capital Property Fund. The 82,000-square-foot property was originally purchased beginning 22 years ago in two transactions, notes the release, in 1994 for $9.3 million and an out piece in 1996 for $1.1 million. It's located off 112th Street and US1, with tenants including Flanigans, SunTrust, U.S. Post Office, CVS, and Wagons West,…

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    Retail center in wealthy South Florida city sold for $66.5M

    SOUTH FLORIDA BUSINESS JOURNAL — June 1, 2016 — BY BRIAN BANDELL. Terranova sold the Suniland Shopping Center in Pinecrest for $66.5 million to a real estate investment trust. Suniland Associates Ltd., an affiliate of Miami Beach-based Terranova, sold the property at 11325, 11401, 11415 S. Dixie Highway to DPF Suniland LLC, an affiliate of Denver-based Dividend Capital Diversified Property Fund. It has 82,000 square feet of retail space on 7.1 acres. The price equates to $811…

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    Pinecrest shopping center sells for $66.5 million

    MIAMI HERALD — May 31, 2016 — BY NICHOLAS NEHAMAS. A shopping center in Pinecrest sold for $66.5 million Tuesday, reflecting a retail boom in South Florida. An affiliate of Miami Beach-based commercial real-estate firm Terranova paid $9.3 million for the 82,000-square-foot Suniland Shopping Center in 1994, adding on another parcel of land for $1.1 million two years later. The buyer is a real-estate investment trust based in Denver. Tenants include CVS, a U.S. Post Office, SunTrust…

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    Terranova sells Suniland Shopping Center to Dividend Capital: $66.5M

    THE REAL DEAL — May 31, 2016 — BY INA CORDLE. A Terranova Corp. affiliate just sold Suniland Shopping Center to Denver-based Dividend Capital for $66.5 million, Terranova's Suniland Associates Ltd., had owned the property for 22 years, originally purchasing the center in two transactions: paying $9.3 million in 1994, then buying an out-parcel for $1.12 million in 1996. The total was $10.4 million for the 82,000-square-foot property on 7.11 acres at 11325 South Dixie Highway in…

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    Retail project on South Beach’s Lincoln Road launches construction

    SOUTH FLORIDA BUSINESS JOURNAL — April 13, 2016 — BY BRIAN BANDELL. Terranova Corp. has started its construction and renovation project on South Beach’s trendy Lincoln Road retail strip. Miller Construction Co. is the general contractor for the $11.8 million project at 801 Lincoln Road. About half of the building was demolished and a new, three-story shop will be built on the corner of Meridian Avenue. CLICK HERE FOR THE FULL ARTICLE

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    Check out construction of the new Miami Beach Anthropologie

    THE REAL DEAL — April 13, 2016 — BY KATHERINE KALLERGIS. Terranova Corporation is moving forward with construction of its 801 Lincoln Road project, a new retail and restaurant building that will house retailer Anthropologie. The development firm and brokerage, led by Stephen Bittel, tapped Miller Construction Company to build the $11.8 million project just north of Lincoln Road on Meridian Avenue. It will be completed by the end of 2016, according to a press release. Construction…

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    The Developer Who’s About to Transform Lincoln Road

    BISNOW — March 16, 2016 Despite the defeat yesterday of the proposed 800-room Miami Beach Convention Center hotel (it got 45% yes but needed 60%), other initiatives may create new excitement in the area. Get ready for a juiced up "Lincoln Lane" nearby - and an enlarged Lincoln Road "District" eventually up to 17th Street. That's the vision of Terranova founder Stephen Bittel, well underway with two buildings on a little parallel street between Lincoln Road…

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    Regus to relocate its workspaces near Lincoln Road

    THE REAL DEAL — January 20, 2016 — BY INA CORDLE. Regus, a flexible workspace provider, plans to move off Lincoln Road, into a nearby building designed by the late architect Morris Lapidus. The company has inked a 10-year lease with Terranova Corp. for 19,374 square feet, covering two floors at 1688 Meridian Avenue, just off Lincoln Road in Miami Beach, Terranova said. The building, designed by Lapidus in 1961, is a mixed-use project totaling…

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    Miami Beach’s Eight-Block Landmark District Expansion Announced

    CHAIN STORE AGE — August 11, 2015 — BY MELONIE MESSINA. Terranova, Lincoln Road shopping district’s largest property owner, released redevelopment plans to activate Lincoln Lane North by developing 723 North Lincoln Lane and 801 Lincoln road buildings. These buildings are part of Miami, Florida’s eight-block retail, dining and entertainment district located blocks from Miami Beaches. Construction recently began on the vertical expansion of 723 North Lincoln Lane, a building just north of Lincoln Road…

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    New Terranova Buildings Geared To Expand Lincoln Road District

    THE REAL DEAL — March 5, 2015 — BY INA CORDLE Terranova Corp. is developing two new three-story buildings near Meridian Avenue in Miami Beach, bringing additional retail stores and a rooftop restaurant to the Lincoln Road area, Chairman Stephen Bittel told The Real Deal. The new sites, at 723 Lincoln Lane and 801 Lincoln Road, are geared to expand the Lincoln Road shopping district from the pedestrian promenade to 17th Street. As rents reach…

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    Stephen H. Bittel, Chairman Of Terranova Corp.: ‘I Want To Do More’

    MIAMI HERALD — October 12, 2014 — BY INA PAIVA CORDLE Stephen H. Bittel, chairman of Terranova Corp., has reached new heights in the realm of commercial real estate since his firm’s $342million sale of a portfolio of six buildings on Lincoln Road in Miami Beach — one of the largest property deals in South Florida history. Terranova remains an owner and managing member of the properties, in a new partnership with Morgan Stanley Real…

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    Behind Terranova’s $342M Lincoln Road Deal

    GLOBE ST. — August 22, 2014 — BY JENNIFER LECLAIRE — In one of the biggest-ever deals in South Florida, Miami Beach-based Terranova sold its six-building portfolio of assets on and around Lincoln Road to Morgan Stanley Real Estate Investing, along with affiliates of Terranova, for $342 million. Terranova assembled the assets over the past three and a half years for $191 million. As Terranova chairman Stephen H. Bittel sees it, the deal is one…

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    $342 Million Sale Of Six Properties On Miami Beach’s Lincoln Road Closes

    MIAMI HERALD – August 19, 2014 – BY INA PAIVA CORDLE In one of the largest deals in South Florida’s history, the $342 million sale of six buildings on Miami Beach’s Lincoln Road closed on Tuesday. It marks the biggest transfer of property on the pedestrian promenade, with one of the sellers remaining part owner in the new entity. Miami Beach-based Terranova Corp., and investment partner Acadia Realty Trust, the largest property owners on Lincoln…

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    Retail Buildings On Miami Beach’s Lincoln Road Sell For Record $342 Million

    MIAMI HERALD – August 6, 2014 – BY INA PAIVA CORDLE Terranova Corp. and its investment partner are selling a six-building portfolio at a record price for South Florida retail properties. The biggest property sale on Miami Beach’s Lincoln Road — and one of the highest-priced deals in South Florida history — is in the works, as the South Florida real estate market continues to soar. Miami Beach-based Terranova Corp., and investment partner Acadia Realty…

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    Three Lincoln Road Buildings Sell For $139 Million

    DAILY BUSINESS REVIEW – December 20, 2012 - BY ERIC KALIS The $139 million sale of three Lincoln Road buildings caps a banner year for the popular South Beach retail destination. With Tuesday's purchase of buildings at 719, 801 and 826 Lincoln Road by Terranova Corp. and Acadia Realty Trust, the pedestrian mall has had the two most expensive retail transactions of 2012 in South Florida. The buying groups in both sales included institutional investors…

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    Terranova Executive Vice President, Mindy Mcilroy, Is Miami Today’s “Newsmaker”

    MIAMI TODAY – September 15, 2011 – Mindy McIlroy began her journey in real estate at Terranova Corp. 15 years ago as administrative assistant to its leader, Stephen Bittel. Her hard work and drive revealed potential for much more and she was given the opportunity to learn the sales and leasing side, leading to her current role as executive vice president. In this position, Ms. McIlroy focuses on marketing the company’s services, retail leasing and…

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