Terranova Welcomes Dream Getaways USA to Palm Plaza

/in ,

MIAMI BEACH, FLORIDA – February 2, 2012 – Terranova is proud to announce the addition of Dream Getaways USA to Palm Plaza located at 16847 NW 67th Avenue, Miami, FL 33015.

Dream Getaways USA joins the Palm Plaza tenant list as its first vacation destination retailer. Terranova leasing agent, Andrei Pintilie represented the landlord.

Dream Getaways USA relocated from an office building to an 861 sq. ft. store-front location in Palm Plaza to benefit from the high traffic Palm Plaza draws. Anchored by Navarro Discount Pharmacy and Denny’s, Palm Plaza is a highly visible shopping center just off the Palmetto Expressway, with traffic counts of approximately 159,000 cars daily.

Terranova Corporation, South Florida’s leading commercial real estate advisory firm, currently is involved with commercial real estate assets for its clients and its own portfolio valued at over $1 billion. The company offers complete commercial real estate services, including asset and property management, leasing, tenant representation, acquisitions, dispositions, financing, construction management and development services.

###

Terranova Represents Boca Office Building in $13 Million, 61,500 Sq Ft Renewal Deal with Lexisnexis

/in ,

BOCA RATON, FLORIDA – May 12, 2011 – Terranova Corporation is proud to announce that LexisNexis has signed a 10-year lease renewal at Meridian Commercial Office Complex located at 6601 Park of Commerce Boulevard in Boca Raton, Florida.

Terranova Senior Commercial Associate Gordon Messinger represented the landlord in the 61,524 square foot transaction valued at over $13 million.

LexisNexis is a leading global provider of content-enabled workflow solutions designed specifically for professionals in the legal, risk management, corporate, government, law enforcement, accounting, and academic markets. A member of Reed Elsevier, LexisNexis serves customers in more than 100 countries with 15,000 employees worldwide. LexisNexis will continue to occupy the entire building, which is home to their Risk Solutions division.

“We are thrilled LexisNexis has decided to renew its commitment to Meridian Commercial. Meridian Commercial offered all of the requirements LexisNexis needed to maintain its operations at 6601 Park of Commerce Boulevard. We look forward to a strong long standing relationship with such a valued tenant,” said Stephen Bittel, Terranova Chairman.

Terranova Corporation, South Florida’s leading commercial real estate advisory firm, currently is involved with commercial real estate assets for its clients and its own portfolio valued at more than $1 billion. The company offers complete commercial real estate services, including asset and property management, leasing, tenant representation, acquisitions, dispositions, financing, construction management and development services.

###

Terranova Awarded Exclusive Leasing Assignment for Urban Cocowalk Project in Coconut Grove

/in ,

MIAMI BEACH, FLORIDA – May 6, 2011 – Terranova Corporation has been awarded the exclusive leasing assignment for premier open-air lifestyle center CocoWalk, 3015 Grand Avenue, Coconut Grove.

CocoWalk, is the original urban retail location in the core of Coconut Grove, is located in a residential enclave in the central eastern section of Miami-Dade County. The area is highly favored for its superior location just east of U.S. 1 within an easy drive of other major connecting highways. The Coconut Grove neighborhood also curries favor with its residents and visitors for its historic landmarks, close proximity to the water, bohemian charm and character as an authentic Miami neighborhood.

Terranova shares the property owner’s vision of CocoWalk as a unique fashion and entertainment destination, a place where retailers offer the most favored brands and styles primarily catering to the surrounding trade area and tourists. Terranova plans to return CocoWalk to the leading position in Miami’s urban retail scene and firmly believes that this can be achieved by redefining CocoWalk’s retail product.

“The retail industry is constantly evolving as consumers’ tastes and needs change along with the economic and cultural changes they undergo,” said Mindy McIlroy, Terranova EVP. “We believe the next phase for CocoWalk hinges on bringing to the project the retailers that are best keeping their finger on the pulse of consumer demand. We look forward to working with the CocoWalk management team to reposition the center and bring in top-notch retailers.”

Terranova will place CocoWalk in a unique position in the market, where even if local competitors have similar open-air offerings, CocoWalk will transcend, offering brand names and restaurants that cater to the local working, affluent, urban sophisticate clientele and that outdistances the competitors. Rafael Romero, Terranova Commercial Leasing Associate, will be the point of contact for all leasing efforts at CocoWalk.

Terranova Corporation, South Florida’s leading commercial real estate advisory firm, currently is involved with commercial real estate assets for its clients and its own portfolio valued at over $1 billion. The company offers complete commercial real estate services, including asset and property management, leasing, tenant representation, acquisitions, dispositions, financing, construction management and development services.

###