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.