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TERRANOVA CORPORATION ANNOUNCES TRIO OF KEY EXECUTIVE PROMOTIONS
MIAMI BEACH, FL – July 25, 2018 – Terranova Corporation chairman and founder Stephen Bittel announces the promotions of three of the visionary firm’s senior executives – Mindy McIlroy, Josh Gelfman and Ozzie Dominguez. Says Bittel, “True leadership is all about not only what you do to further company goals but also what you give to others. With that in mind, if you are in a position to do something to advance the professional opportunities of…
TERRANOVA CORP ANNOUNCES 3RD ANNUAL PRESENTING SPONSORSHIP OF NATIONAL PARKINSON’S FOUNDATION’S MOVING DAY® MIAMI
MIAMI BEACH, FL – October 25, 2016 – Terranova Corp announces its ongoing commitment to Moving Day®, National Parkinson Foundation’s annual fundraising event to be held on November 13th at Museum Park, as the walk’s Presenting Sponsor. “Our commitment to fight this disease is personal to us, which is why we have decided to support the walk once again by becoming the Presenting Sponsor for the 3rd year in a row”, says Stephen Bittel, Chairman…
Terranova Affiliate Sells Beach Towers for $48.75 Million
MIAMI BEACH, FL – July 15, 2016 – Concluding a 12-year investment, Beach Tower LLC sold two offices buildings located 1674 and 1688 Meridian Avenue yesterday for $48.75 million dollars to Ivy MBT Property, LLC. Originally purchased in 2004 in two transactions for $7,475,000 for 1674 Meridian and $19,550,000 for 1688 Meridian. Terranova Chairman Stephen Bittel said, “we are delighted with the positive conclusion of this investment. Our current development of two neighboring three story retail buildings…
Terranova Affiliate Sells Suniland Shopping Center for $66.5 Million
MIAMI BEACH, FL – May 31, 2016 - Concluding a 22 plus year investment, Suniland Associates, Ltd. sold the Suniland Shopping Center on Friday for $66.5 million dollars. Originally purchased in two transactions, in 1994 for $9,295,000 plus an out piece in 1996 for $1,121,300, the gain to investors over the long hold was extraordinary when cash flow from operations, refinancing proceeds, and sale proceeds were combined. Investors received an annualized internal rate of return over the investment period of…
Terranova’s Website Takes Home the Silver ADDY Award
MIAMI BEACH, FL – March 22, 2016 - Terranova Corporation’s website was honored with a Silver ADDY Award at the 2015-2016 American Advertising Awards presented by the Fort Lauderdale chapter of The American Advertising Federation. The ADDY awards recognize the highest level of creative excellence in an advertising medium. helium creative, a full service advertising firm based in Ft. Lauderdale, was awarded for the design and development the agency submitted for Terranova’s redesigned corporate website. helium provided…
Terranova Promotes Andrei Pintilie to Senior Commercial Associate
MIAMI BEACH, FL – September 24, 2015 – Terranova, South Florida’s leading commercial real estate advisory firm, is pleased to announce the promotion of Andrei Pintilie to Senior Commercial Associate. Pintilie arrived in the U.S. in 2003 and accepted a part time Research Assistant position at Terranova while attending college. Since then, he has risen through the ranks to gain the prestigious title of Senior Commercial Associate during his 12-year tenure with the company. Pintilie…
Terranova’s Dynamic Duo Lend Their Talents to The National Parkinson Foundation
MIAMI BEACH, FL – August 4, 2015 – If there is one thing Terranova has an abundance of, it’s influential women. This month we once again praise two of our finest, Mindy Mcilroy and Karen Maerovitz for being awarded a prestigious honor and for making such a large impact on our community. Mcilroy, executive vice president and Maerovitz, commercial associate at Terranova are no strangers to positively impacting their communities. Mcilroy was recently named a…
Miami Goes Blue for Parkinson’s
MIAMI BEACH, FL – April 2, 2015 – Why is Miami turning blue? It’s not because we’re down or sad, but instead we are celebrating Parkinson’s Awareness month during April. As the presenting sponsor for Moving Day® Miami, National Parkinson Foundation’s (NPF) annual fundraising event, Team Terranova has launched 30 Shades of Blue where we will be hosting 30 events in 30 days to “Fun” raise for NPF. You may think we’re crazy, but we’re…
Terranova Brings Home the Bacon with Piggy’s for Parkinson’s
MIAMI BEACH, FL – March 24, 2015 – Why are pigs taking over Miami? Because as the presenting sponsor for Moving Day® Miami, National Parkinson Foundation’s annual fundraising event, Team Terranova has launched Pennies for Parkinson’s during Parkinson Awareness month in April! How does it work? Your favorite local businesses will host piggy banks inside their locations during the month of April. Each piggy bank is identified with the National Parkinson Foundation and Terranova logos.…
Terranova’s Karen Maerovitz Joins the Icsc South Florida Committee
MIAMI BEACH, FL – March 12, 2015 – Terranova is proud to announce the recent addition of our very own commercial associate, Karen Maerovitz to the ICSC South Florida Committee, where she will bring her event planning and logistical skills to the South Florida Idea Exchange conference. In addition to becoming a committee member for ICSC South Florida, for the past year, Maerovitz has served on the ICSC Miami Dade Next Generation Committee, ICSC’s educational,…
It’s Time For Miami To Get “Movin To The Beat” For Parkinson’s Disease
MIAMI, FLORIDA –August 7, 2014 –The National Parkinson Foundation (NPF) in partnership with South Florida Chapter is holding Moving Day®, a fundraising walk for Parkinson’s disease (PD) in Miami. Moving Day® Miami presented by Terranova Corporation will be held at Bayfront Park on Sunday, October 5th, 2014 starting at 8:30am. The money your community raises through Moving Day® will help improve the lives of PD patients and families affected by the disease. Each walk will…
Terranova Corporation Receives 2014 Best of Miami Beach Award
MIAMI BEACH, FLORIDA –June 5, 2014 –Terranova Corporation has been selected for the 2014 Best of Miami Beach Award in the Property Management category by the Miami Beach Award Program. Each year, the Miami Beach Award Program identifies companies that we believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and our community. These…
Terranova Corporation Receives 2014 Miami Award
MIAMI BEACH, FLORIDA –June 5, 2014 –Terranova Corporation has been selected for the 2014 Miami Award in the Real Estate Managers category by the Miami Award Program. Each year, the Miami Award Program identifies companies that we believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and our community. These exceptional companies help make…
Terranova Launches Home Grown Farmers’ Market at Biscayne Plaza
MIAMI BEACH, FLORIDA - March 10, 2011 - Terranova invites the community to come by Biscayne Plaza Shopping Center this Saturday, February 19th for the soft launch of “The Upper Eastside Farmer’s Market at Biscayne Plaza.” This seasonal market, taking place every Saturday from 9:00 AM to 2:00 PM, beginning February 19, 2011 and ending May 28, 2011, will feature a variety of locally grown fresh produce, fresh tropical juices prepared on site, artisan breads,…
Terranova Launches Arts Incubator at Suniland Shopping Center
MIAMI BEACH, FLORIDA - November 23, 2010 - Suniland Shopping Center, 11325 South Dixie Highway, Pinecrest, is now home to the first Terranova Arts Incubator resident, award winning artist Phil Fung. The Terranova Arts Incubator is a “pop-up shop” program that offers vacant retail space at subsidized rates to hand-selected designers, artists, artisans, curators and creatives. The Arts Incubator program aims to foster a mutually beneficial relationship between commercial real estate developers and the growing…
Terranova Assigned Leasing and Management of Boca Raton Office Complex
MIAMI BEACH, FLORIDA - Oct. 22, 2007 – Terranova Corporation is pleased to announce it has been assigned the leasing and management of Meridian Commercial, a two-building office complex in thriving Boca Raton.
Terranova Brokers $95 Million Sale Of Flagler Park Plaza
MIAMI BEACH, FLORIDA – April 24, 2007 – Terranova Corp. announced the sale of Flagler Park Plaza today on behalf of an institutional client. The Publix-anchored, 350,000-square foot shopping center in Miami, Florida, sold for $95 million or $271 per square foot. The buyer was KIMCO Realty Corporation (NYSE: KIM).
Terranova Signs Over $1.6 Million in Leases at The Newly Renovated Suniland Shopping Center
MIAMI BEACH, FLORIDA – April 19, 2007 – Suniland Shopping Center, one of the top performing centers in South Florida has completed a major renovation to update the look of the already successful shopping center. Given its great location at S. Dixie Highway and 112th Street in the affluent Village of Pinecrest, Suniland Shopping Center is now adding three more tenants to its tenant mix bringing the center to 97% occupancy. Terranova Corporation’s Senior Vice…
Terranova Signs $1.6 Million Bb&T Bank Deal for Hollywood Station
MIAMI BEACH, FLORIDA – February 11, 2007 – Terranova Corporation has signed regional bank BB&T Corporation (NYSE:BBT) as a tenant at Hollywood Station, a new mixed-use residential and retail development in the heart of Downtown Hollywood in Broward County.
Terranova Signs Nearly $2 Million Lease With Abc Fine Wine and Spirits at Doral Plaza
MIAMI BEACH, FLORIDA – February 11, 2007 – ABC Fine Wine & Spirits, the country's largest privately owned fine wine and spirits retailer, is joining the tenant mix at Doral Plaza, a deal that brings the Miami-Dade shopping center to 100 percent occupancy.
Terranova Retained to Sell Flagler Park Plaza
MIAMI BEACH, FLORIDA – January 24, 2007 – Terranova Corporation has been granted the exclusive right to sell Flagler Park Plaza, a 350,000 square foot Publix anchored shopping center located at 118221 W. Flagler Street, Miami, FL.
Terranova Brokers $48.4 Million Sale of Concord Shopping Plaza
MIAMI BEACH, FLORIDA – January 9, 2007 – Terranova announced the sale of Concord Shopping Plaza today on behalf of an institutional client. The 300,000 square foot shopping center located at 11381 Southwest 40th Street Miami, Florida sold for $48,434,500 or $218 psf for the fee portion plus some land leased to Winn Dixie. The property was acquired by Equity One (NYSE: EQY). Terranova’s Capital Markets Division, led by Chairman, Stephen Bittel and Commercial Associate,…
Staples Opens at Pompano Marketplace
MIAMI BEACH, FLORIDA – January 5, 2007 – Terranova Corporation is pleased to announce the grand opening of Staples, the office supplies superstore, at Pompano Marketplace lease located at 1151 South Federal Highway in Pompano Beach.
Terranova Completes new 132,454 sf Class a Office Building in Doral
MIAMI BEACH, FLORIDA – January 3, 2007 – Terranova Corporation has completed construction on a Class-A office building at Doral Costa Office Park in the newly incorporated city of Doral.
Sunglass hut Signs Five Year Lease in Coral Gables
MIAMI BEACH, FLORIDA – November 1, 2006 – Sunglass Hut International, North America's largest retailer of designer sunglasses, has joined the growing list of retail chains on Miracle Mile- the signature street of downtown Coral Gables, known for designer and bridal shops, art galleries, restaurants and live theatre.
Anthony’s Coal Fired Pizza is Now Open for Business at Pompano Plaza Marketplace
MIAMI BEACH, FLORIDA – October 23, 2006 – Terranova Corporation is pleased to announce the grand opening of Anthony's Coal Fired Pizza at Pompano Marketplace, making this their fourth location in South Florida.
Terranova Center Hits 100 Percent Occupancy With a Five Year Rent-A-Center Lease
MIAMI BEACH, FLORIDA – October 23, 2006 – Terranova Corporation has signed a lease with furniture rental chain Rent-A-Center at Concord Shopping Center, a deal that brings the 300,000 square foot property in West Miami-Dade to 100% occupancy.
Terranova Adds Miami-Based Mediterranean Fast Food Restaurant, Pasha’s, to Its Tenant Mix
MIAMI BEACH, FLORIDA – August 15, 2006 – Terranova Corporation has done it again by signing Miami-based Mediterranean Fast Food Restaurant, Pasha’s, as a tenant at Suniland Shopping Center, a deal that brings the shopping center to over 96% occupancy.
Terranova Gets a New Look And New Tenants at Suniland Shopping Center
MIAMI BEACH, FLORIDA – July 27, 2006 – Suniland Shopping Center, one of the best performing centers in South Florida is currently undergoing a major renovation to update the look of the already successful shopping center. Renovations are to be completed by year end 2006. Given its great location at S. Dixie Highway and 112th Street in the affluent Village of Pinecrest, Suniland Shopping Center is now adding three more tenants to its tenant mix…
Terranova’s Capital Markets Team Closes Deal For Over $6.3 Million
MIAMI BEACH, FLORIDA – July 27, 2006 – Terranova Capital Markets Director Brett Chwick continues to lead the capital markets team in closing yet another deal for 2006.
Terranova Promotes Mcilroy to Senior Vice President
MIAMI BEACH, FLORIDA – July 10, 2006 – Terranova Corporation is pleased to announce the promotion of Mindy McIlroy to Senior Vice President. In this position she will supervise Terranova’s retail leasing team, as well as continue to work directly with property owners and tenants. She currently represents Anna’s Linens and Navarro Discount Pharmacies in their expansion into Miami-Dade, Broward and Palm Beach counties.
Terranova Engineers Over 50% Gain in Just 21 Months On $20 Million Weston Warehouse Sale
MIAMI BEACH, FLORIDA – April 14, 2006 – Terranova is please to announce the $20 million sale of the Weston Distribution Center, a 225,760 square foot office/warehouse facility with 4 acres of adjoining developable land in Broward County, between BlackRock Realty Advisors, Inc. and Becknell Properties, an Illinois general partnership. Terranova was the broker in the deal, which closed on Wednesday, April 12th.
Terranova Inks $5.2 Million Office Depot Deal
MIAMI BEACH, FLORIDA – May 10, 2005 – Terranova Corporation has signed national retailer Office Depot as a new anchor tenant in Southport Shopping Center, a deal that marks the office supply chain’s third location in the city of Fort Lauderdale.
Terranova Signs $4 Million Officemax Deal
MIAMI BEACH, FLORIDA – May 2, 2005 – Terranova Corporation has signed OfficeMax as an anchor tenant in Westfork Plaza, a deal that brings the grocery-anchored shopping center to 100 percent occupancy and gives the retailer a second location in the fast-growing area of Pembroke Pines.
Terranova’s Chwick Inks $23.5 Million Tampa Apartment Sale
MIAMI BEACH, FLORIDA – April 13, 2005 – Terranova Capital Markets Director Brett Chwick has completed the sale of Harbor Club Downs, a 272-unit waterfront apartment community built in 1984 and located in Palm Harbor, Florida, an affluent suburb of the Tampa/St. Petersburg metropolitan area. This deal represents the first of several multifamily deals Terranova has pending to close in April, 2005.
Terranova Assists in Disposition of Four Circuit City Stores
MIAMI BEACH, FLORIDA – Feb. 11, 2005 – Terranova Corporation is pleased to announce it has assisted in the disposition of four South Florida Circuit City stores. Director of Leasing Erica Des Roches assisted Circuit City with these dispositions, totaling over 130,000 square feet. Circuit City closed the stores as part of the retailer’s move to improve real estate efficiency nationwide.
Terranova Brokers $7 Million Sale of Former Kmart to Costco
MIAMI BEACH, FLORIDA – January 7, 2005 – Terranova Corporation has completed the sale of a former Kmart store in Pembroke Pines to Costco Wholesale Inc. for $7 million.
Terranova Broker Completes Sale of Industrial Facility
MIAMI BEACH, FLORIDA – January 4, 2005 – La Fe Foods, a food processor and distributor with operations in Miami and New Jersey, has purchased an industrial facility in Miami-Dade County for over $4 million.
Terranova Sells Retail Deal for $4.8 Million
MIAMI BEACH, FLORIDA – Dec. 16, 2004 – Terranova Corporation has completed the sale of St. Cloud Square shopping center in Osceola County, FL, for $4.8 million.
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 Announces Opening of 50,020 Square Feet of Anchor Space
MIAMI, FLORIDA – April 8, 2004 – Terranova Corporation recently celebrated the grand opening of two new anchor tenants, Linens 'n Things and PETsMART at the firms 350,000 square foot Flagler Park Plaza, located at 8277 West Flagler Street.
Terranova Sells two Shopping Centers for $40 Million
MIAMI, FLORIDA – August 3, 2004 – Terranova Corporation has completed the sale of two shopping centers for a total of $40 million, bringing the total volume of capital market transactions by the company in the past two months to $80 million.
Terranova Promotes Mcilroy to Director of Leasing
MIAMI, FLORIDA – June 9, 2004 – Terranova Corporation is pleased to announce the promotion of Mindy McIlroy to Director of Leasing.
Terranova Signs Ulta For First Broward Store
MIAMI, FLORIDA – April 29, 2004 – Terranova Corporation’s Director of Leasing Erica Des Roches signed a lease with Ulta Salon, Cosmetics & Fragrance, Inc., the first Broward County location for the retailer and only the second in South Florida. The lease is valued in excess of $2.9 million.
Terranova Signs Freedom Fresh Expansion
MIAMI BEACH, FLORIDA - March 24, 2004 - Terranova signs Freedom Fresh Expansion to bring Westpointe Business Center to 100% Occupancy
Terranova Brokers $23.1 Million Sale of Weston Lakes Plaza for Principle
Terranova brokers $23.1 million sale of Weston Lakes Plaza for Principal. $240 price per square foot highest yet in Florida.