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

Terranova is Popping on Lincoln Road

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MIAMI BEACH, FL – December 7, 2016 – With the holidays quickly approaching, brands are “popping up” all along Lincoln Road. Terranova recently signed three new short-term deals on the world famous retail street.

Cap’n Crunch has landed in Miami Beach in the form of a 2,966 square foot pop-up shop at 721 Lincoln Road. The Kith x Cap’n Crunch store, a partnership between the cereal brand and the New York-based cereal bar, Kith Treats offers both food and limited edition Cap’n-Crunch apparel.

Kiwi Arts Group opened a 2,668 square foot gallery at 737 Lincoln Road to showcase American photographer William John Kennedy’s historic collection of Andy Warhol and Robert Indiana photographs during Art Basel through January 5th.

Daniel Wellington, a minimalistic elegant watch boutique, opened at 608 Lincoln Road. This 6-month, 748 square foot pop-up is part of the international brand’s U.S. launch, and ads timeless and classic style to the mix on Lincoln Road.

“These pop-ups bring excitement and diversity to Lincoln Road retail, and provide valuable opportunities for unique, emerging brands, like these,” says Terranova Executive Vice President Mindy McIlroy. Both McIlroy and Terranova Commercial Associate Vanessa Francis represented the landlord in the deals.

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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 CORP ANNOUNCES 3RD ANNUAL PRESENTING SPONSORSHIP OF NATIONAL PARKINSON’S FOUNDATION’S MOVING DAY® MIAMI

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MIAMI BEACH, FL – October 25, 2016 – Terranova Corp announces its ongoing commitment to Moving Day®, National Parkinson Foundation’s annual fundraising event to be held on November 13th at Museum Park, as the walk’s Presenting Sponsor.

“Our commitment to fight this disease is personal to us, which is why we have decided to support the walk once again by becoming the Presenting Sponsor for the 3rd year in a row”, says Stephen Bittel, Chairman of Terranova Corp.

To date Team Terranova has contributed over $550,000 in their 3 years of participation to the walk and has become an inspiration to other teams across the nation. And with 20 days to go until Moving Day® Miami, Team Terranova is projected to surpass its fundraising goal of $50,000.

With an outpouring of support, Terranova is making a HUGE impact in the lives of people living with Parkinson’s disease. Dedicated to improving the quality of care for people with Parkinson’s, Team Terranova is committed to the National Parkinson’s Foundation and will continue to surpass any milestones in its path.

To learn more about Moving Day® Miami and how you, your family and friends, and/or your company can get involved, please visit www.MovingDayMiami.org.

 

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. Terranova offers complete commercial real estate services, including asset and property management, leasing, tenant representation, acquisitions, dispositions, financing, construction management and development.

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Terranova Affiliate Sells Beach Towers for $48.75 Million

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MIAMI BEACH, FL – July 15, 2016 – Concluding a 12-year investment, Beach Tower LLC sold two offices buildings located 1674 and 1688 Meridian Avenue yesterday for $48.75 million dollars to Ivy MBT Property, LLC. Originally purchased in 2004 in two transactions for $7,475,000 for 1674 Meridian and $19,550,000 for 1688 Meridian.

Terranova Chairman Stephen Bittel said, “we are delighted with the positive conclusion of this investment. Our current development of two neighboring three story retail buildings featuring Marshalls and Anthropologie as anchor tenants, will open the future of Meridian Avenue and expand Lincoln Road, Miami’s most famous landmark, an eight block expanse of shopping, dining, and entertainment.”

The redeveloped Terranova buildings will fuse with the ongoing growth of Lincoln Road establishments and its neighboring streets and alleys. This spillover of retail activity – already observable in stores and restaurants just off the main street are indications of a distinct Lincoln Road district that is forging not only shopping and dining, but also cultural, residential, educational and business activities.

The 89,834 and 30,132 square foot properties, just one block north of Lincoln Road on 17th Street and Meridian Avenue, includes as tenants Regus, Next Model Management, Verizon Wireless, Barclay’s Real Estate Group, SCPF, and Merchant Data Systems.

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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