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

Terranova Signs Lease With Le Macaron For Miracle Mile

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MIAMI BEACH, FLORIDA – April 3, 2013 – Terranova Corpora is pleased to announce it has signed a deal with sweets shop Le Macaron French Pastries, which will sell its signature almond-meringue based confections out of a new location on Coral Gables’ Miracle Mile.

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Le Macaron signed a three-year deal for 1,497 square feet at 208 Miracle Mile, where it is projected to open in fourth quarter 2013. Terranova Executive Vice President Mindy McIlroy and leasing director Isabelle Courtial represented the landlord in the Miracle Mile deal, valued at nearly $250,000. The Miracle Mile location will be Le Macaron’s second store in Miami-Dade County, and its owners say they plan additional locations.

The new pastry shop on Miracle Mile will serve coffee, gelato and other sweets, but its piece de resistance is the macaron, a traditional French treat that has had its own renaissance, becoming the most fashionable sweet in Paris and the trendiest gift for holidays and special occasions.

Macarons (which have nothing to do with similar-sounding but completely different coconut macaroons) look like tiny pastel-colored hamburgers, and have a light, crunchy, airy texture made of almond powder, egg whites and sugar. Pastry chefs at Le Macaron then take this to the next mouthwatering level by sandwiching chocolate ganache, gourmet-flavored homemade jam or pastry crème in between two of the almond cookies.

“I was delighted to find macarons here in South Florida, because it was a taste of home that hadn’t crossed the Atlantic until very recently, and only to New York,” said Courtial, a French native who now lives in Miami Beach. “They’re getting increasingly popular as more people discover them, and the new Miracle Mile store will give them great exposure in a European-style café that people will visit for desert or a snack or to get a macaron arrangement for a gift or an event.”

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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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Terranova leases space for temporary gap store in lincoln road district

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MIAMI BEACH, FLORIDA – November 27, 2012 – Terranova Corporation is pleased to announce it has signed a lease with Gap, providing a temporary store for the popular retailer while it builds its new multi-story location on Lincoln Road.

Terranova executive vice president Mindy McIlroy and leasing director Isabelle Courtial represented the landlord in the transaction.

Gap will open a new location just off Lincoln Road at 1669 Meridian Ave., two blocks away from Gap’s current location at 1001 Lincoln. The existing Gap store will close by early 2013, when Gap will begin redeveloping the building into a two-level, 20,000-square foot flagship store. During construction, Gap will stay open for business at the Meridian Avenue location.

“Gap will be able to maintain an active presence on the Lincoln Road district, while going through construction of their fabulous new store,” Terranova’s McIlroy said. “We were really happy to be able to provide this solution, which also contributes to the ongoing spread of Lincoln Road’s intense retail activity onto the connecting streets.”

Gap plans to demolish most of the 1001 Lincoln building and create a new store with a modern look but will preserve the building’s historic contribution to Lincoln Road’s architecture.

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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Terranova Leases Nearly 10,000 Square Feet

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MIAMI BEACH, FLORIDA – October 10, 2012 – Terranova is pleased to announce the opening of new tenants in seven South Florida shopping centers, part of a continuous string of deals the company has signed in 2012.

• The Habit Art!, an independent retailer specializing in original, high-end women’s accessories from Latin American designers, is opening a 609 square foot location on the ground floor of Cocowalk, at 3015 Grand Ave. in Coconut Grove.

• Eastern United Insurance Consultants is opening a 1,400 square foot location in Shoppes of Paradise Lakes, a Publix-anchored center at 16800 Kendall Drive in Miami.

• Simple Mobile, a leading provider of pre-paid wireless products and services, will open a 1,066-square foot location in El Mercado, a Publix-anchored center at 2436 W. 60th Street, Hialeah. Also at this center, Direct General Insurance signed a deal for 900 square feet.

• Grillit, a fast casual restaurant, signed a deal for 1,750 square feet at Westfork Plaza, at 15825 Pines Blvd. in Pembroke Pines.

• T-Mobile signed a deal for a 1,400 square foot store in Shoppes of Ives Dairy, on the SEC of U.S. 441 and Ives Dairy Road in Miami Gardens.

• Fed USA Insurance signed a deal for 1,000 square feet in Bird Village Plaza, at 14713 SW 42nd Street in Miami.

• Dream Getaway Travel signed a deal for 960 square feet in Palm Plaza, 16867 NW 67th Ave., Miami Lakes.

Terranova represented the landlords in the transactions.

“Local merchants and service providers such as these have an appetite for space in well located centers, and luckily we’ve had suitable locations for all,” said Terranova Executive Vice President Mindy McIlroy. “Tenants are ramping up the search for all kind of spaces, from high-profile street front to suburban inline spaces, and that bodes well for recovery.”

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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