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Current media coverage and upcoming developments hand-picked from the industry.
Terranova’s very own TRENDS Magazine.
The latest of what’s going on from Terranova’s office to yours.
Terranova’s blog on real estate, retail related market trends, upcoming events, and more!
Chairman Stephen Bittel talks real estate, trends, and building better communities.
Inside the Inner Workings of Commercial Real Estate – A Spotlight on Retail Property Managers
June 25, 2018 — TERRANOVA TRENDS — BY ANDREA SPEEDY After the deal is done and the lease is signed, the heavy lifting in the commercial real estate business truly begins. The Property Manager becomes the key point of contact for multiple stakeholders in a particular space, including the tenant, contractors, city and municipal inspectors, business improvement district (BID) directors, marketing teams, and the property owner or landlord itself. It is a fast-paced, non-stop, always-on career that…
Thinking Small: Inside Real Estate’s Next Huge Movement
June 15, 2018 — TERRANOVA TRENDS — BY ANDREA SPEEDY Ask typical consumers in the Western hemisphere to describe a "micro unit" in terms of real estate, and after they take a few moments to think, they might tell you about the tiny apartments they've either seen or heard about in Japan... but they'd only be partially correct. Today's micro units now exits throughout the globe, are growing in popularity in the United States, and extend well…
Industrial Revolution – The E-Commerce Merger of Retail & Industrial
June 6, 2018 — TERRANOVA TRENDS — BY ANDREA SPEEDY Over the past five years, industrial real estate has been turning in annual returns approximately 1.3% higher than the entire real estate industry average. Typically, the historical norm for industrial properties stood at 10% annual returns on an unleveraged basis... but recent performance is now closer to 12.8%. While this has definitely caught the eye of capital markets looking to diversify investment portfolios with real estate that…
Seeing Beyond the Boundaries the Rise of NoLi
March 4, 2018 — TERRANOVA TRENDS — BY ANDREA SPEEDY When Miami Beach was first envisioned as a relatively simple beach escape in the 1920s, no one expected its meteoric rise to become one of the world's most sought-after destinations for entertainment, travel, retail, restaurants and more. However, after bouncing back from hurricanes in the 1930s, to serving as military barracks during World War II, to the glamorous hotel era on Collins Avenue in the 1950s, Miami Beach…
Inside Out – Terranova Proves Building Communities Truly Begins at Home
February 19, 2018 — TERRANOVA TRENDS — BY ANDREA SPEEDY As the South Florida real estate landscape continues to grow and change at a breakneck pace. Terranova has remained committed to their roots. During this current development cycle, and all other before it, Terranova has stayed connected to South Florida neighborhoods and beyond by remembering it is those who actually live and work here that make up any community. "At Terranova, we're driven by what our communities really…
Spotlight: A Lincoln Legend 10 Years of Maya Tapas & Grill
February 12, 2018 — TERRANOVA TRENDS — BY ANDREA SPEEDY In Miami's ever-changing restaurant scene, the competition is fierce for the hottest locations in town. Even spots that open to huge crowds and critical acclaim are often gone not long after the spotlight moves on to the "next new thing." That makes it all the more impressive that locally owned, family-operated Maya Tapas & Grill has continued to succeed year after year on Lincoln Road, one of…
Destination: Food Creating the Lincoln Eatery Experience
February 5, 2018 — TERRANOVA TRENDS — BY ANDREA SPEEDY "Nearly every major retail destination has had a diverse dining element as an anchor to the experience," says Josh Gelfman, Director of Development for Terranova Corp. "The same is true worldwide - from one end of the globe to the other - and for decades running." Gelfman's insights help shed light on the real estate and management company's recent addition to the South Beach market - The…
Rise of the Doughnut
March 31, 2017 — TERRANOVA TRENDS — BY ANGELA SHLYAKHOV As far as desserts go, sugar makes us all a wee bit crazy. First came the cupcake craze, then the frozen yogurt craze, then the cronut crazy and now... it's the old stand-by glamorously revamped with fancy names... it's the 2016 decadent DOUGHNUT or DONUT craze and the retailers could not be any happier. Donuts have had a recent glamorous makeover and are now attracting even more customers…
High Street Riding The Wave – Miami-Dade Urban Street Report 2016
February 20, 2017 — TERRANOVA TRENDS — BY ANDREA SPEEDY Fresh off one of the busiest and largest new development cycles the area has ever seen, metropolitan Miami-Dade is continuing to thrive while many other urban markets are slowing down. Even as residential sales are leveling off, Miami's retail component is strong, growing, and pushing to respond to ever-increasing demand for high-street locations in the city's most popular neighborhoods. A recent developer's symposium held near the beginning of…
Destination Dining – The Modern Food Hall Experience
February 8, 2017 — TERRANOVA TRENDS — BY ANDREA SPEEDY & ANNALISA DAMLEY It wasn't long ago - less than 20 years in fact - that the American Shopping Mall Food Court was the centerpiece of retail-oriented dining. Built for speed, these low-maintenance communal spaces were aimed at getting shoppers quickly back out into the stores, and thus attracted quick-service, low-margin restaurants to keep malls moving at the speed of retail. Look around today, however, and you'll…
Millennials migrate to downtown Miami in droves and business follows
September 27, 2016 — THE MIAMI HERALD — BY NANCY DAHLBERG A new report by the Miami Downtown Development Authority confirms what the restaurant openings, cranes and traffic snarls already tell us: Young professionals are still moving to downtown Miami in droves, and new businesses are following them. According to the Miami DDA’s Demographics Report that will be released Tuesday, downtown Miami’s full-time population has soared to nearly 90,000 residents. That’s up 32 percent since 2010 and 150…
Same Stores, Different Streets
May 1, 2016 — THE REAL DEAL — BY TOBIAS SALINGER The priciest retail strips in the U.S. are attracting identical luxury brands The marble walls of the Fifth Avenue flagship of Italian fashion designer Valentino are a fitting touch for the world’s most expensive retail neighborhood, located between 49th and 60th streets in Manhattan. A doorman welcomes customers inside the three-floor luxury store with its displays of Rockstud shoes and bags and a sculptural gray…