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

Mindy McIlroy

TERRANOVA CORPORATION ANNOUNCES TRIO OF KEY EXECUTIVE PROMOTIONS

/in ,

MIAMI BEACH, FL – July 25, 2018 – Terranova Corporation chairman and founder Stephen Bittel announces the promotions of three of the visionary firm’s senior executives – Mindy McIlroy, Josh Gelfman and Ozzie Dominguez.  Says Bittel, “True leadership is all about not only what you do to further company goals but also what you give to others. With that in mind, if you are in a position to do something to advance the professional opportunities of others in our community we strongly urge everyone to do so with enthusiasm. Our team has always endeavored to play a leadership and advisory role in every facet of community life and real estate. The success of our business is inextricably linked to the success of the communities and our employees who shape them.”

Mindy McIlroy becomes the third female president at Terranova since its incorporation in 1980. McIlroy began her commercial real estate career with the company more than 20 years ago; her talent, professionalism and hard work fueled her rise within the firm, from her start as a retail leasing trainee to her current position as president.  Prior to her promotion she held the title of executive vice president. Her industry knowledge and experience have been instrumental in the company’s move into mixed-use and High Street retail, where Terranova is the largest single retail property owner on both Lincoln Road in Miami Beach and Miracle Mile in Coral Gables.  With nearly a billion dollars in retail leasing deals to her credit, McIlroy’s expertise spans a wide gamut of retail properties, from suburban shopping centers to lifestyle entertainment centers to urban retail and mixed-use projects. Beyond a strong commitment to the fundamentals of profitable commercial real estate, McIlroy believes strongly in the power of networking and civic involvement. She is a founding member of the Lincoln Road Property Owners Association; served as president of the Coral Gables Business Improvement District in 2015 and 2016; and is currently a board member of the National Parkinson Foundation and Coral Gables Business Improvement District. She has been ranked by CoStar as a Power Broker – Top Broker; acknowledged in 2015 by Real Estate Forum as a Southeast Woman of Influence; and recognized by the Coral Gables Chamber of Commerce as the 2016 AXA Advisors Businesswoman of the Year.

Josh Gelfman brings over a decade of urban planning and development experience in both Miami and New York City to his new role as vice president of development. Now in his fifth year with Terranova focusing on public/private real estate transactions, Gelfman is an active member of the Urban Land Institute.  Among his most recent projects is developing the firm’s first food hall, The Lincoln Eatery, scheduled to open in December 2018. Prior to coming to Terranova Gelfman was the senior vice president at the New York City Economic Development Corporation where he worked on projects that will result in billions of dollars of private investment throughout New York City.  Projects include the development of a 500,000 square foot hotel and condominium project in Brooklyn Bridge Park, the development of the world’s largest observation wheel and New York City’s first luxury outlet mall on 15 acres of surface parking lots in Staten Island, among others. In his new role, Gelfman will play a key role in the development and repositioning of Terranova’s newest industrial/mixed-use project, T2.0 (formally PepsiCo’s Miami-Dade offices and bottling plant just east of Downtown Doral).

 A 30-year veteran in the shopping center and commercial real estate industries, Ozzie Dominguez assumes the role of vice president of property management. For the past five years, most recently as general manager, he has managed Terranova’s luxury portfolio, encompassing properties from Miami Beach to Coral Gables.  In his new position leading the property management team, Dominguez will oversee Terranova’s full portfolio of nearly $1 billion in commercial real estate assets.  While spearheading day-to-day operations, he remains highly involved with each tenant and asset and is an integral link to each city and the relations with the properties he manages. Prior to joining Terranova in 2013, Dominguez held the position of regional vice president for Simon Property Group in Miami, FL.  He was responsible for an elite group of regional malls representing over 15 million square feet of retail space, from central Florida to Puerto Rico including Dadeland Mall. Dominguez is actively involved with the Greater Miami Convention & Visitors Bureau, the Coral Gables Chamber of Commerce and the Coral Gables Business Improvement District (BID), and a key member of the Lincoln Road BID where he currently serves on the board and executive committee.

CLICK HERE FOR THE PDF PRESS RELEASE

Terranova Corporation, South Florida’s leading commercial real estate firm, is involved with nearly $1 billion in commercial real estate assets for its partners and its own portfolio. Terranova’s comprehensive array of services include high street retail, leasing & property management and acquisitions/joint ventures. Services are offered to a select group of partners/clients who count on us to maximize the value of their real estate.

###

Palm Plaza Heats Up with New Restaurants Coming Soon

/in ,

MIAMI BEACH, FL – July 16, 2018 – Terranova is pleased to announce the addition of two new eateries, First Watch and Arepa 69 to Palm Plaza shopping center located at NW 67th Avenue and the Palmetto Expressway (SR826), bringing its occupancy to over 93%.

First Watch, a breakfast focused daytime café where freshness is never comprised and everything is made to order, signed a 10-year lease for 3,747 square feet. Customers will be able to enjoy a freshly brewed cup of Project Sunrise coffee, breakfast, brunch or lunch options when First Watch opens in February 2019.

Arepa 69 signed a 5-year lease for 1,700 square feet. An iconic sandwich and cornerstone of a Venezuelan diet, arepas will be made with round dough and stuffed with a variety of fillings including cheese, eggs, avocado and meats for a quick snack or meal. Customers will be able to enjoy arepas later this year when Arepa 69 opens in December.

“We are ecstatic to bring these two new eateries to Palm Plaza and expand on the restaurant offerings available to the community,” says Terranova Corporation’s President, Mindy McIlroy whose firm represented the landlord in the deal.

First Watch and Arepa 69 will join a tenant line-up that includes a variety of national retailers such as Navarro Discount Pharmacies, Boston Market, Sketchers, MD Now and Starbucks. For more information on leasing opportunities in Palm Plaza, please send inquiries to ehiggins@terranovacorp.com or visit our website at www.terranovacorp.com.

CLICK HERE FOR THE PDF PRESS RELEASE

Terranova Corporation, South Florida’s leading commercial real estate firm, is involved with nearly $1 billion in commercial real estate assets for its partners and its own portfolio. Terranova’s comprehensive array of services include high street retail, leasing & property management and acquisitions/joint ventures. Services are offered to a select group of partners/clients who count on us to maximize the value of their real estate.

###

THE LINCOLN EATERY TO DEBUT FALL 2018

/in , ,

Debuting fall 2018, The Lincoln Eatery marks the arrival of one of the 21st century’s biggest global culinary trends – the modern food hall – on Miami Beach.  Located adjacent to Lincoln Road, South Beach’s famed pedestrian shopping, dining and people watching street, the highly-anticipated urban food collective will present a curated selection of 16 unique dining and drinking options featuring an eclectic assortment of culinary concepts.  As envisioned by its developers, Terranova Corporation, South Florida’s leading full-service commercial real estate firm, The Lincoln Eatery is poised to become a convivial hub on Miami Beach – a gathering place that celebrates the intersection of food, design and community in a setting perfect for Instagram-worthy moments. Designed by Arquitectonica – the iconic global architecture firm notable for putting South Florida on the world design map – The Lincoln Eatery occupies 9,600 square feet of street level space at the intersection of Lincoln Lane and Meridian Avenue. Once open, The Lincoln Eatery is destined to become a dining hotspot for locals and visitors alike, whether they’re seeking a quick bite, a great drink or a chic space to meet, mingle, work or hang.

According to Stephen Bittel, Terranova’s founder and chairman, “We’re extending Lincoln Road’s footprint north with the development of The Lincoln Eatery as the anchor.  Our goal with the Eatery is to work with local and national culinary entrepreneurs, providing the support and infrastructure they need to be successful; in turn offering an exciting, affordable new dining experience that will be authentic and new to the area. All of the Eatery’s tenants will be unique from one another, offering something for every palate. We are thrilled with the creative and delicious mix of cuisines and concepts that are joining forces us.”

Many of the Eatery’s tenants are new to the market, bringing authentic, and in most cases, homegrown made-in-Miami options to a wider audience with first time brick and mortar retail locations. Vendors confirmed to date give a sense of the temptations to come. They include: Necessary Purveyor serving artisanal sandwiches, teas and house-made granola; Fresh Garden Bowls featuring made-to-order salads, wraps and fresh juices; Chill’N, a Miami-based nitrogen ice cream concept; Marble & Rye, a modern take on a New York deli serving traditional Kosher dishes; TYO Sushi, a fusion of Japan’s signature sushi roots and today’s modern flavors; Toast & More, a French bakery specializing in savory and sweet tartines; and GOTAM Pizza and GOTAM Chimney Cakes, serving New York-style pizza and to-die-for freshly-made chimney cakes. The full roster of tenants will be announced later this year.

The Lincoln Eatery will offer flexible indoor/outdoor seating for over 200. A modern interpretation of the industrial food hall, The Lincoln Eatery’s design elements include glossy subway tiles and polished concrete floors. Overhead, a matrix of wooden beams evokes a lush tropical canopy. The central bar, located within the Eatery, will offer wine, beer and handcrafted cocktails; in 2019, Terranova will open the project’s second phase – a spacious rooftop terrace that will be open to the public for dining, drinking, special events and just lounging.  Other shopping and dining experiences in the district are online to open in late 2018 and 2019 including Genuine Pizza by Chef Michael Schwartz and Havana 1957 Café.

One block north of Lincoln Road and within walking distance of the Miami Beach Convention Center, New World Center, the Fillmore Miami Beach and Miami City Ballet, The Lincoln Eatery is perfectly situated for post-shopping, before and after theatre dining and drinking.  Convention center attendees will delight in this convenient option. Operating hours from early morning until evening. Located at 723 Lincoln Lane on Miami Beach.  www.thelincolneatery.com; @lincolneatery.

 About The Lincoln Eatery

Designed by global architecture firm Arquitectonica, The Lincoln Eatery will bring together a total of 16 fast-casual, artisan, and grab-&-go concepts in a space that reflects the fast-paced vibe emerging in Miami Beach’s expanded Lincoln Road district. Whether you’re a local foodie looking for a quick bite or visiting from out of town and craving an authentic Miami Beach experience, The Lincoln Eatery has something for everyone and is the destination to meet, eat, drink and relax in Miami Beach.

About Terranova

Terranova Corporation, South Florida’s leading full-service commercial real estate firm, is involved with nearly $1 billion in commercial real estate assets for its partners and its own portfolio. Terranova’s comprehensive array of services include high street retail, leasing & property management and acquisitions/joint ventures. Services are offered to a select group of partners/clients who count on us to maximize the value of their real estate. www.terranovacorp.com.

Media contacts:

Kimberly Nolan/Karen Barofsky

Brustman Carrino Public Relations

bcpr@brustmancarrinopr.com

(305) 573-0658