The latest of what’s going on from Terranova’s office to yours.

O Bag Brightens up Lincoln Road

MIAMI BEACH, FL – July 28, 2015 – Miami Beach is a melting pot of different cultures and nationalities and if you think gelato and pasta are the only Italian things you can get on the beach, think again. The Italian accessories brand, O Bag is bringing its international flare to world famous Lincoln Road.

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O Bag has signed a 5-year lease with Terranova for 675 square feet at 830 Lincoln Road in Miami Beach projected to open for the 2015 holiday shopping season.

O Bag was established in Italy in 2009 with a focus on creating colorful and quirky objects of desire and has since exploded in Europe and now close to 100 stores worldwide. Their offerings include a variety of products such as bags of all shapes and sizes, pocket and wrist watches, assorted jewelry, and sunglasses all of which are made of highly durable elastomeric foam, a silicone-like material. Each product you purchase from O Bag is completely customizable with interchangeable faces for watches and various strap and trim options for bags. “What gets people excited about this concept is the affordable price with bags starting at $75,” says O Bag’s business development consultant Stephan Fortier. “It has become the go to accessory for many celebrities in Europe.”

Lincoln Road has long been the heart of Miami Beach and home to a healthy shopping and dining district. The essence of Miami style is threaded throughout the strip in the architecture, the people, and the tenants themselves. This is a unique area that cannot be replicated anywhere in the world which only adds to the appeal of the location. Just like Lincoln Road, O Bag is unique and offers its customers personalized options so they won’t have to worry about seeing someone with the exact same bag or watch.

O Bag’s expansion to this famous 8 block strip marks the brand’s arrival into the Florida market and their second store in the United States. “Lincoln Road’s close proximity to the beach makes a stylish, versatile beach bag that can double as a purse an important staple for locals and tourists alike,” says Terranova’s executive vice president Mindy McIlroy who represented the landlord in the deal. “O Bag’s multipurpose, unique, and colorful products can do just that and are going to be a great addition to the vibrant culture of Miami Beach and its visitors.”

O Bag will be located between Scene shoe store and Fossil on the 800 block of Lincoln Road and Jefferson Avenue. They will be joined by tenants such as Urban Outfitters, Lululemon, Armani Jeans, Steve Madden, and various eateries.

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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.

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Gateway Town Center Adds Papa John’s to The Tenant Mix

MIAMI BEACH, FL – July 24, 2015 – One of America’s favorite delivery and carryout pizzerias, Papa Johns, is coming soon to Gateway Town Center, bringing better ingredients and better pizza to the Northside Community of Jacksonville.

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Terranova, on a quest to bring new tenants to Gateway, has signed a 5-year lease with Papa Johns for 1,852 square feet at 5902-5 Norwood Avenue in Jacksonville projected to open early winter 2016.

“The arrival of Papa John’s into Gateway Town Center is the first step to adding more food uses to the center,” says Terranova’s commercial leasing associate Karen Maerovitz who represented the landlord in the deal. “Our goal is to draw attention to Gateway Town Center from franchises and restauranteurs from all over Jacksonville to open another location here.”

Gateway is home to the 3rd busiest bus hub in Jacksonville that sees over 400,400 passengers annually, bringing constant foot traffic into the center. The Papa Johns will offer a speedy option to those passengers by allowing them to grab a quick bite on the way to their next destination or even pick up dinner on their way home to their families.

Papa John’s joins our ever growing tenant line up of Publix, YouFit Health Club, Subway, Foot Locker, Hibbett Sports, Payless, DTLR and many more. For more information on how you can join Gateway Town Center, please contact commercial associate Karen Maerovitz at 305-695-8700.

CLICK HERE FOR THE PDF PRESS RELEASE

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.

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Tumi Packs up and Heads to Lincoln Road

MIAMI BEACH, FL – July 6, 2015 – When was the last time you went on a trip? If the answer is “It’s been too long,” maybe it’s time to book that ticket and visit the new TUMI store coming soon to the world famous Lincoln Road.

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Miami is among one of the busiest travel destinations in the world and with this in mind, Terranova has signed a 3 year lease with TUMI, for 1,176 square feet at 832 Lincoln Road projected to open early Fall 2015.

TUMI, the leading global travel lifestyle brand, which provides its customers with beautiful and world-class business and travel products designed to uncomplicate and upgrade all aspects of life on the move, was founded by Charlie Clifford in 1975. Clifford’s driving passion to make travel easier was the driving force and catalyst that motivated him to create TUMI. Originally, TUMI was launched as an importer of leather goods but Clifford had bigger ideas and his eyes focused upon revolutionizing the travel world. Since 1975, TUMI proudly holds over 325 design and utility patents relating to its products and as component features, and continues to expand and evolve its collections.

No one wants to be the person whose suitcase spills open, dumping all their personal belongings in front of hundreds of strangers at the airport as they rush to catch their flight. For this purpose nothing is more important to travelers than a well-made TUMI traveling bag.

“With over 40.5 million passengers traveling through Miami International Airport annually, there will always be a need for well-crafted travel pieces and we expect TUMI’s new location on Lincoln Road, a unique travel destination for tourists and residents alike, to resonate with those searching for quality luggage,” says Mindy McIlroy executive vice president for Terranova who represented the landlord in the deal.

In addition to travel pieces, the store will also carry an assortment of its many collections, such as leather goods, tech protection cases, handbags, travel accessories, and replacement parts for any damaged products.

Tumi will open its doors in the Fall on the 800 block of Lincoln Road nestled in between Fossil and Aesop.

CLICK HERE FOR THE PDF PRESS RELEASE

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.

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