Terranova Brokers $48.4 Million Sale of Concord Shopping Plaza

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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, Scott Rohrbach represented the seller in the sale of the property.

Staples Opens at Pompano Marketplace

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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

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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.