Terranova Closes $22 Million in Financing for Two Miami-Dade Shopping Centers

MIAMI BEACH, FLORIDA – January 4, 2007 – Terranova Corporation closed mortgage financing for two of its Miami-Dade Shopping centers totaling $22 million. Both deals allowed the local ownership groups to unlock significant equity from the properties while obtaining long term fixed interest rates.

Terranova Completes new 132,454 sf Class a Office Building in Doral

MIAMI BEACH, FLORIDA – January 3, 2007 – Terranova Corporation has completed construction on a Class-A office building at Doral Costa Office Park in the newly incorporated city of Doral.

Sunglass hut Signs Five Year Lease in Coral Gables

MIAMI BEACH, FLORIDA – November 1, 2006 – Sunglass Hut International, North America’s largest retailer of designer sunglasses, has joined the growing list of retail chains on Miracle Mile- the signature street of downtown Coral Gables, known for designer and bridal shops, art galleries, restaurants and live theatre.