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

Terranova adds Healthy Quick Service Choice ‘Energy Kitchen’ to Suniland Shopping Center

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MIAMI BEACH, FLORIDA – March 8, 2011 – Terranova is pleased to announce that health-conscious fast food chain Energy Kitchen has selected Suniland Shopping Center as its first location in South Florida. The approximately 2,500 square foot long term deal was brokered by Terranova Executive Vice President Mindy McIlroy.

Energy Kitchen, a health-conscious quick service restaurant that currently operates 10 restaurants in the New York City area, serves nothing over 500 calories and believes that fast food can indeed be good for you. Its menu includes non-traditional fare such as bison and ostrich burgers in addition to the typical healthy wraps and protein shakes, and everything is baked, steamed and grilled. Today, Energy Kitchen runs four corporate stores and six franchisee-owned locations with approximately 55 stores in development in Florida, Washington D.C., Boston, White Plains, Long Island and Maryland.

Suniland Shopping Center is located at 11325 South Dixie Highway, Pinecrest and is one of the most successful centers in the Miami-Dade submarket of Pinecrest. The center’s design allows excellent visibility from U.S. 1, and its location between two successful regional malls, Dadeland Mall to the north and The Falls to the south, gives the center exposure to some of Miami-Dade’s busiest business and shopping traffic making the center a prime location for growing retailers.

“The selection of Suniland Shopping Center by new franchise concept Energy Kitchen as its first South Florida location speaks to the benefits of being located in a well merchandized, well located center,” said McIlroy. “The Pinecrest community will be pleased with the addition. Health-conscious options are in high demand right now and Suniland Shopping Center is offering Pinecrest the first taste of a new option. Energy Kitchen’s sales will reflect the success of the center and of the rebounding market.”

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.

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Terranova adds 24,000 Square Foot Grocer to Biscayne Plaza

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MIAMI BEACH, FLORIDA – March 8, 2011 – Terranova is pleased to announce the addition of a new anchor tenant to Biscayne Plaza Shopping Center. Sabor Tropical Supermarket joins the shopping center in a long-term, approximately 24,000 square foot deal brokered by Terranova Executive Vice President Mindy McIlroy. Sabor Tropical will replace Presidente Supermarket as the Biscayne Plaza location will be Sabor Tropical’s fifth South Florida store.

Sabor Tropical is required to renovate the interior of the store no later than January 2012. The renovation will take place in the evenings while the store is closed to the public. Sabor Tropical will also be opening a café at the property in the long closed restaurant end cap of the grocer building.

Located at 561 NE 79th Street, Biscayne Plaza serves as a lasting retail staple to the surrounding areas of Miami’s Upper Eastside. Built in 1953, it is known as Miami’s first major suburban shopping center, and lies just north of the historic Miami Modern District. Biscayne Plaza bridges a unique array of urban and suburban communities such as Miami Shores, Little Haiti, Belle Meade, and El Portal.

“Sabor Tropical will be replacing the President Supermarket at Biscayne Plaza. There will be a seamless transition between President and Sabor Tropical, so there will be no impact to the community,” said McIlroy. “This is the first step in the right direction for the redevelopment of this community shopping center.”

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.

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Terranova Signs Navarro Discount Pharmacy to 16,000 sq ft at Westfork Plaza

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MIAMI BEACH, FLORIDA – March 8, 2011 – Terranova Corporation is proud to announce the addition of Navarro Discount Pharmacy to Westfork Plaza, 15825 Pines Blvd, Pembroke Pines. The ten-year, approximately 16,000 square foot deal was broker by Terranova Executive Vice President Mindy McIlroy.

Navarro’s is the largest Hispanic-owned drugstore chain in the United States and believes that future growth lies in the ability to attract a wider range of consumers and carve out its niche among the national competitors. Navarro plans to expand within Florida and ultimately throughout the U.S. in order to appeal to a wider prototypical customer base. The Westfork location provided an opportunity to work toward this corporate initiative.

Westfork Plaza is a 252,000 square foot shopping center located at the intersection of Dykes Road and Pines Blvd. Navarro will join anchors Baptist Medical Plaza at Pembroke Pines, Office Max and Regal Cinemas.

“Westfork Plaza lies on Pines Boulevard, the major retail corridor in Broward County which links east and west Pembroke Pines and is easily accessible from I-75,” said McIlroy. “The high volume of traffic at this location and its sister property Paraiso Parc facilitates Navarro’s initiative to appeal to a wider demographic pool. Expanding in Broward County brings Navarro Discount Pharmacy one step closer to building brand awareness in Florida and closer to competing on the national level.”

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.

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