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.