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Privacy Statement

Website Terms of service and privacy policy

PLEASE READ THE FOLLOWING TERMS AND POLICIES CAREFULLY. WHEN YOU USE OUR WEBSITE YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS AND POLICIES, AND YOUR CONTINUED USE OF OUR WEBSITE SIGNIFIES YOUR ACCEPTANCE OF THEM.

TERMS OF SERVICE

Informational Purposes Only: The material on the Terranova Corporation (“Terranova”) website has been prepared and published for informational purposes only. This website may contain links to other resources on the internet, both those of affiliated companies, and of third parties. We take no responsibility for the content, accuracy, or timeliness of those other websites, nor do we endorse any commercial products that may be advertised or available on those websites.

License and Website Access: Terranova grants you a limited license to access and use this website solely for personal noncommercial purposes. You may not download (other than page caching) or modify it, or any portion of it, except with the express prior written consent of Terranova. This license does not include any resale or commercial use of this website or its contents; any collection and use of any property listings, descriptions, or prices; any derivative of this website or its contents; or any use of data mining, robots, or similar data gathering and extraction tools. This website or any portion of this website may not be reproduced, copied, sold, resold, visited, or otherwise exploited for any commercial purpose without express prior written consent of Terranova. You may not frame or utilize framing techniques to enclose any trademark, logo, or other propietary information, including, but not limited to, images, text, page layout, or form, or use any meta tags or any other "hidden text" utilizing Terranova's name or trademarks, without the express written consent of Terranova. You are granted a limited, revocable, and nonexclusive right to create a hyperlink to the home page of Terranova, so long as the link does not portray Terranova in a false, misleading, derogatory, or otherwise offensive manner. You may not use the Terranova logo or other proprietary graphics as part of the link without the express written permission of Terranova.

Copyright: All content included on this website, such as text, graphics, logos, button icons, images, audio clips, digital downloads, data compilations, and software is the property of Terranova protected by the United States and international copyright laws. The compilation of all content on this website is the exclusive property of Terranova and protected by U.S. and international copyright laws.

Trademarks: terranovacorp.com and the Terranova name and other Terranova graphics, logos, page headers, button icons, scripts, and service names are trademarks of Terranova . These tradmarks may not be used in connection with any product or service that is not Terranova's, in any manner that is likely to cause confusion among customers, or in any manner that disparages or discredits Terranova.

Illegal or Abusive Usage is Strictly Prohibited: You may not use this website for any illegal or unauthorized purpose. International users agree to comply with all local law as regarding online conduct and acceptable content. We may block or withhold your access to the website if we have reasonable grounds to suspect any breach by you of these terms and conditions, that we or any user has incurred or may incur any liability in connection with the website, or if your use of the website is otherwise inappropriate. You may be subject to legal action should you be found to have engaged in illegal or abusive usage of our website.

Disclaimer and Indemnity: Terranova disclaims any and all liability for any loss, damage, or other liability whatsoever arising from the use of this website or the terms and conditions in connection with this website and specifically excludes all warranties, conditions and terms, whether express or implied to the fullest extent permitted by law. You agree to indemnify Terranova against any liabilities, claims, and expenses that may arise from your use of the website and any breach of these terms and conditions by you, your employees, or agents.

Modification of Terms and Conditions: Terranova may modify these terms and conditions at any time by post of the new version on the website. You will have agreed to such revised version if you continue using the website after the change or modification is posted. You should check the terms and conditions periodically to ensure that you are aware of and are complying with the current version.

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
  • To send periodic news and company updates
  • 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.

trends

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

  • Acquisitions

    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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  • Acquisitions

    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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  • Acquisitions

    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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  • Acquisitions

    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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  • Acquisitions

    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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  • Acquisitions

    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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  • Acquisitions

    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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  • Acquisitions

    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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  • Acquisitions

    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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  • Acquisitions

    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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  • Acquisitions

    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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  • Acquisitions

    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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  • Acquisitions

    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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  • Acquisitions

    $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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  • Acquisitions

    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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  • Acquisitions

    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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