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

Nail Studio Triples in Size At Palm Plaza

MIAMI BEACH, FL – June 18, 2015 – Have you ever kept your favorite tiny nail salon a secret for fear that the word would get out and you would have to fight for an appointment in their tightly booked schedule? Worry no more because Nail Studio is opening a new larger location in Palm Plaza.

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Terranova has signed a 5-year lease with Nail Studio for 3,014 square feet at 16927 NW 67th Avenue in Palm Plaza and is projected to open late fall of 2015. The lease was facilitated by Terranova’s newest commercial associate Elizabeth Higgins.

The success of Palm Plaza and the salon has allowed Nail Studio to expand their presence and occupy a much larger space. Previously located next to Green Papaya, they will be relocating further down the plaza into the endcap location that is triple the square footage. The larger location has facilitated the addition of more services to the salon’s offerings such as more waxing options and the incorporation of a blow dry bar.

“We are extremely excited to assist Mr. Ngyuen in his expansion of Nail Studio in Palm Plaza,” says Terranova’s commercial associate Elizabeth Higgins who represented the landlord in the deal. “Their success has really been astounding and we hope the new location will be able to better serve the community not only by allowing the salon to take more clients but also by offering more services.”

The salon will be joined by a variety of national tenants such as Navarro Discount Pharmacies, Boston Market, Skechers, and Quiznos Subs.

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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Florida Community Bank Moves to New Larger Location

MIAMI BEACH, FL – June 9, 2015 –Suniland Shopping Center is no stranger to successful tenants and Florida Community Bank is no exception with its upcoming relocation to a much larger space within the shopping center.

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Terranova has signed a 5-year lease with Florida Community Bank (FCB) for 1,607 square feet at 11315 S. Dixie Highway in Suniland Shopping Center, the premier shopping center in the heart of Pinecrest. Their new location is expected to open this fall.

Florida Community Bank was founded in 1923 in Collier County Florida and is now the fourth largest independent Florida-based bank. Since then they have acquired eight other Florida-based banks forming what they call the new Stronger Than Ever FCB.

For a decade, FCB has called Suniland Shopping Center its home and with several tenants reporting outstanding sales performance close to $1,000 per square foot, it was time for FCB to embrace the on-going success of the center and increased strength of the market with its expansion into a space nearly double its original size. The bank’s new larger location will have the much needed capacity to attend to the increased customer demand from the prosperous neighborhoods of Pinecrest and Palmetto Bay.

“The visibility on South Dixie Highway gave FCB excellent exposure to the growing affluent population of the neighboring community,” says Terranova’s executive vice president Mindy McIlroy whose firm represented the landlord in the deal. “We are pleased to take FCB’s success to the next level and showcase this fast growing bank in their new bigger location.”

Previously located at 11503 in Suniland Shopping Center, FCB’s new location is between Wagon’s West Restaurant and Hair Cuttery at 11315 S Dixie Highway. FCB in Suniland Shopping Center will join a tenant line-up that includes other leading retailers such as CVS Pharmacy, Smoothie King, Flanigan’s, Citibank, and Chicken Kitchen.

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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Matsuri Rolls onto Miracle Mile with New Sushi Concept

MIAMI BEACH, FL – May 6, 2015 –A revolution is sweeping the nation as a wave of health conscious young adults are demanding fresher and healthier options when eating out. Many have turned to Japanese cuisine, known for its dietary qualities, to solve this fast food fiasco.

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Terranova has embraced this health trend and signed a 7-year lease with new-to-market Matsuri Japanese Sushi Restaurant for 2,840 square feet at 230 Miracle Mile, formally occupied by 100 Montaditos. Matsuri is projected to open early Fall in the heart of Coral Gables, Miami’s unique boutique shopping district. This will be Matsuri’s first location in the United States.

There are plenty of sushi places around Miami that serve delicious sushi, so what is it about Matsuri that makes it different? It has all the perks of an all-you-can eat buffet but instead of getting up to choose your food, freshly prepared sushi floats by and you never have to leave your seat! Matsuri features revolving sushi bars in which the customers are seated and select their sushi directly off the bar with no need for a wait staff. This type of meal experience is catered to the fast paced customer providing no frills service and offering a much healthier alternative to fast food.

Matsuri has an extensive wine and cocktail menu that is sure to exemplify the popular happy hour scene in Coral Gables. An alternative to traditional beers and mixed drinks, Matsuri offers a variety of sake along with an extensive wine and cocktail list.

“Matsuri will benefit not only from the residents, but the high number of working professionals looking for a quick bite to eat or a cocktail during Coral Gables trendy happy hour scene,” says Terranova’s executive vice president Mindy McIlroy who represented the landlord in the deal. “Having Matsuri at the epicenter of Miracle Mile, just off Ponce de Leon Boulevard, visitors and residents will have a unique alternative to the traditional restaurants found in downtown Coral Gables.”

Matsuri is expected to blend into the trendy ambiance of Miracle Mile in Coral Gables and provide hungry shoppers, individuals, and working professionals with a quick bite of unforgettable Japanese cuisine between shopping and meetings.

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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