Terranova Sells Retail Outparcel for $1.32 Million

MIAMI BEACH, FLORIDA – November 22, 2004 – Terranova Corp. has completed the sale of a 1.71-acre shopping center out parcel in Miami-Dade County for $1.32 million. Terranova leasing agent Hubert Chen represented the seller in the transaction. The buyer was Gastion Inc./Victory Petroleum, an operator of gas stations.

Terranova Reports Improved Shopping Center Occupancy and Rents in Palm Beach County

MIAMI, FLORIDA – Nov. 12, 2004 – Palm Beach County shopping centers, which suffered from double-digit vacancy rates at the end of 2001, have bounced back with strong occupancy and double-digit percent increases in average rent, according to a recent research study by Terranova Corp. in Miami.

Terranova Signs $707,602 Renewal in Miami-Dade

MIAMI BEACH, FLORIDA – Nov. 8, 2004 – Terranova Corporation is pleased to announce the renewal of a lease with M & M Video for a video rental store of 9,520 square feet at Palm Plaza, a shopping center in Miami, FL