Ssr Tower Fund Leads to $54.05 Million, 10-Building Acquisition of South Beach/Coral Gables Portfolio

MIAMI, FLORIDA – October 26, 2004 – SSR Realty, in conjunction with Terranova affiliate Gables Beach Ltd. and a Madison Marquette affiliate, has paid $54.05 million to purchase a prime real estate portfolio of 10 buildings from Starwood Urban.

Terranova Welcomes new Industrial Tenant

MIAMI, FLORIDA – Sept. 24, 2004 – Terranova Corp. has signed its first tenant in the Weston Distribution Center, a warehouse facility in Broward County which Terranova recently acquired for SSR Realty for $13.3 million. Terranova was retained to lease and manage the property.

Terranova Inks $1.13 Million Arby’s Deal at Pompano Marketplace

MIAMI, FLORIDA – September 22, 2004 – Terranova Corporation has signed Arby’s as a new tenant at Pompano Marketplace, adding one more eating option at the shopping center. The fastfood chain has signed a 10-year lease for a 2,900-square foot building once occupied by Kentucky Fried Chicken.