MIAMI BEACH, FL – DECEMBER 16, 2020 – Terranova’s Chairman, Stephen Bittel has announced eighteen new tenants totaling 26,245 SF for a total value of $7.9 million opening in two of its most important urban market areas in Miami-Dade County – Coral Gables’ Miracle Mile and Miami Beach’s Lincoln Road, the coveted world-famous pedestrian thoroughfare.
Leasing during COVID has been strongly led by the exceptional effort of Terranova President, Mindy McIlory. On Lincoln Road, three new pop-ups, a full-service restaurant, four new food hall purveyors, and a rooftop lounge embracing the diversity of Miami Beach’s local and tourist populations, join the vibrant mix of dining destinations and retail outlets on the Road. At the same time, Coral Gables welcomes two new restaurants, six artist studios, and a library to Miracle Mile.
This eclectic group of new retailers and restaurant, carefully selected for their local flavor, include:
–Plant Daddy, your neighborhood retail garden center, opened a 348 square foot space at 808 North Lincoln Lane. Owner Gabriel Diaz, nicknamed the Plant Daddy, launched the concept in June in honor of his late mother.
– Jozy DeFord opened her 348 square foot vintage shop, Renegade Rustlers at 804 North Lincoln Lane. An established merchant in the Lincoln Road Antique Market, DeFord’s first brick-and-mortar location opened October 23rd.
– Sol + Sorbet is the newest pop-up retailer now open at 816 North Lincoln Lane. Created by Miami Beach resident Gina Kravitz in 2018, Sol + Sorbet is a resort wear and swimwear brand. At 260 square feet, the retail micro unit is a relatively new phenomenon Lincoln Road.
– The Sexy Cow, a full-service Latin steak and churrascaria style restaurant is expected to open Spring 2021 at 809 Lincoln Road. With a menu featuring salads, sandwiches, steaks, seafood, pizza and pasta, the modern eatery will be open for breakfast, lunch and dinner and encompass 1,346 square feet and outdoor seating on the world-famous promenade.
– Simply Good Pizza, Cilantro 27 helmed by Chef Nilton Castillo, and the instagramable Market Milkshake Bar round out the food offerings at The Lincoln Eatery, Miami Beach’s first modern food hall located on Meridian Avenue and N. Lincoln Lane. The new bar, Miami Vice Canteen, and rooftop lounge, Sky Yard, were created by Miami Beach locals and hospitality veterans at Knock Out Hospitality Group.
Miracle Mile – downtown Coral Gables’ pedestrian friendly major retail corridor, is also welcoming a number of exciting new merchants to The City Beautiful mix.
– While the Miami-Dade County Coral Gables Branch Library undergoes renovations, the Library will be opening a 2,242 square foot storefront at 308 Miracle Mile. The highly visible, well-located commercial retail space was selected because of its accessibility from surrounding commercial and residential development, overall foot traffic, and proximity to the existing Coral Gables Branch library.
– Terranova, in partnership with the Coral Gables Business Improvement District, launched Studios on the Mile on October 1st. Encompassing six different spaces for a total of 8,655 SF on the 200 block of Miracle Mile, various artists have converted the spaces to working studios and galleries. From highly regarded contemporary painter and sculpture, Carlos Luna to high school graduates awarded the Isaiah Fund Scholarship, the artist studios and galleries will be on display until December 31st.
– Seasy Mediterranean, a new restaurant concept from Made in Napoli Hospitality offering ‘easy’ cuisine from the Mediterranean ‘sea’, will be opening their 2,592 SF restaurant this November at 136 Miracle Mile. Seasy Mediterranean will serve healthy seaside options in addition to traditional Italian seafood at popular prices.
– Popular South Florida concept Sushi Sake continues its domination of their neighborhood sushi bar with the launch of its 15th location at 202 Miracle Mile next year. Created by brothers James and Argelio Jr Aguayo 11 years ago, Sushi Sake signed a 10-year lease for 2,600 square feet. Sushi Sake’s expansive menu includes sushi and sashimi, teriyaki, hibachi, topped off with a variety of signature sauces and a selection of Sake.
– Tamaria, a Jazz House serving healthy international cuisine has signed a three-year lease for 1,497 SF square feet at 208 Miracle Mile. Expected to open in 2021, Tamaria will offer breakfast, lunch and dinner.
“We wanted to provide an opportunity to small businesses,
restauranteurs and artists to locate themselves in a bustling and enviable
location, create increased activity, and simultaneously fill vacancies created
by long-term shutdowns,” says Terranova’s chairman and founder Stephen
Bittel. “Despite the ongoing pandemic, the South Florida’s retail real estate
market is healthy and active.”
CLICK HERE FOR THE PDF PRESS RELEASE
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Terranova Corporation, South Florida’s leading commercial real estate firm, is involved with nearly $1 billion in commercial real estate assets for its partners and its own portfolio. Terranova’s comprehensive array of services include high street retail, leasing & property management and acquisitions/joint ventures. Services are offered to a select group of partners/clients who count on us to maximize the value of their real estate.
Bittel Announces $7.9 Million of New Terranova Leases
/in Leasing, Press releasesMIAMI BEACH, FL – DECEMBER 16, 2020 – Terranova’s Chairman, Stephen Bittel has announced eighteen new tenants totaling 26,245 SF for a total value of $7.9 million opening in two of its most important urban market areas in Miami-Dade County – Coral Gables’ Miracle Mile and Miami Beach’s Lincoln Road, the coveted world-famous pedestrian thoroughfare.
Leasing during COVID has been strongly led by the exceptional effort of Terranova President, Mindy McIlory. On Lincoln Road, three new pop-ups, a full-service restaurant, four new food hall purveyors, and a rooftop lounge embracing the diversity of Miami Beach’s local and tourist populations, join the vibrant mix of dining destinations and retail outlets on the Road. At the same time, Coral Gables welcomes two new restaurants, six artist studios, and a library to Miracle Mile.
This eclectic group of new retailers and restaurant, carefully selected for their local flavor, include:
–Plant Daddy, your neighborhood retail garden center, opened a 348 square foot space at 808 North Lincoln Lane. Owner Gabriel Diaz, nicknamed the Plant Daddy, launched the concept in June in honor of his late mother.
– Jozy DeFord opened her 348 square foot vintage shop, Renegade Rustlers at 804 North Lincoln Lane. An established merchant in the Lincoln Road Antique Market, DeFord’s first brick-and-mortar location opened October 23rd.
– Sol + Sorbet is the newest pop-up retailer now open at 816 North Lincoln Lane. Created by Miami Beach resident Gina Kravitz in 2018, Sol + Sorbet is a resort wear and swimwear brand. At 260 square feet, the retail micro unit is a relatively new phenomenon Lincoln Road.
– The Sexy Cow, a full-service Latin steak and churrascaria style restaurant is expected to open Spring 2021 at 809 Lincoln Road. With a menu featuring salads, sandwiches, steaks, seafood, pizza and pasta, the modern eatery will be open for breakfast, lunch and dinner and encompass 1,346 square feet and outdoor seating on the world-famous promenade.
– Simply Good Pizza, Cilantro 27 helmed by Chef Nilton Castillo, and the instagramable Market Milkshake Bar round out the food offerings at The Lincoln Eatery, Miami Beach’s first modern food hall located on Meridian Avenue and N. Lincoln Lane. The new bar, Miami Vice Canteen, and rooftop lounge, Sky Yard, were created by Miami Beach locals and hospitality veterans at Knock Out Hospitality Group.
Miracle Mile – downtown Coral Gables’ pedestrian friendly major retail corridor, is also welcoming a number of exciting new merchants to The City Beautiful mix.
– While the Miami-Dade County Coral Gables Branch Library undergoes renovations, the Library will be opening a 2,242 square foot storefront at 308 Miracle Mile. The highly visible, well-located commercial retail space was selected because of its accessibility from surrounding commercial and residential development, overall foot traffic, and proximity to the existing Coral Gables Branch library.
– Terranova, in partnership with the Coral Gables Business Improvement District, launched Studios on the Mile on October 1st. Encompassing six different spaces for a total of 8,655 SF on the 200 block of Miracle Mile, various artists have converted the spaces to working studios and galleries. From highly regarded contemporary painter and sculpture, Carlos Luna to high school graduates awarded the Isaiah Fund Scholarship, the artist studios and galleries will be on display until December 31st.
– Seasy Mediterranean, a new restaurant concept from Made in Napoli Hospitality offering ‘easy’ cuisine from the Mediterranean ‘sea’, will be opening their 2,592 SF restaurant this November at 136 Miracle Mile. Seasy Mediterranean will serve healthy seaside options in addition to traditional Italian seafood at popular prices.
– Popular South Florida concept Sushi Sake continues its domination of their neighborhood sushi bar with the launch of its 15th location at 202 Miracle Mile next year. Created by brothers James and Argelio Jr Aguayo 11 years ago, Sushi Sake signed a 10-year lease for 2,600 square feet. Sushi Sake’s expansive menu includes sushi and sashimi, teriyaki, hibachi, topped off with a variety of signature sauces and a selection of Sake.
– Tamaria, a Jazz House serving healthy international cuisine has signed a three-year lease for 1,497 SF square feet at 208 Miracle Mile. Expected to open in 2021, Tamaria will offer breakfast, lunch and dinner.
“We wanted to provide an opportunity to small businesses, restauranteurs and artists to locate themselves in a bustling and enviable location, create increased activity, and simultaneously fill vacancies created by long-term shutdowns,” says Terranova’s chairman and founder Stephen Bittel. “Despite the ongoing pandemic, the South Florida’s retail real estate market is healthy and active.”
CLICK HERE FOR THE PDF PRESS RELEASE
###
Terranova Corporation, South Florida’s leading commercial real estate firm, is involved with nearly $1 billion in commercial real estate assets for its partners and its own portfolio. Terranova’s comprehensive array of services include high street retail, leasing & property management and acquisitions/joint ventures. Services are offered to a select group of partners/clients who count on us to maximize the value of their real estate.
Stephen Bittel Announces Incredible Lineup for Holiday Shopping Trips Near Miami
/in In the news, LeasingTHE POINT NEWS — DECEMBER 16, 2020 — It’s that time of year again—the time where everyone is looking to purchase gifts for the people they love. It can be a challenging time, especially for those who have just about everything or don’t ask for a lot. Small shops provide an advantage to find unique gifts, while also supporting the local families in a more direct way.
This holiday season, you should consider supporting as many local shops as you can swing for your Christmas gifting list.
During the most wonderful time of the year, there is a lot to be said for local shopping. As Floridians prepare for the holiday season, Terranova’s Founder Stephen Bittel has announced the exciting addition of 18 new shops and restaurants in the Coral Gables and Miami Beach areas between now and 2021. Some have signed extensive leases and others are just popping up for a few months.
These locations bring so much to the community—providing two fabulous places to shop and explore during the holidays.
Throughout Miami, from Coral Gables to Miami Beach, you will find so many incredible things to do. You can certainly spend an entire day shopping to make this holiday bright. Here is a holiday list of some of the best things to do (and eat) along Miracle Mile and Lincoln Road this holiday season.
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The Questions to Ask Yourself Before Pursuing Entrepreneurship
/in In the newsTHRIVE GLOBAL — NOVEMBER 17, 2020 — When I was 23 years old, I found myself at a crossroads in my short life. I had grown up assuming that like my father and grandfather before me I would become a lawyer, but when I was in my second year of law school a new opportunity presented itself to me. Never one to take a day off, I had also taken a full-time job at a real estate company, and my boss there suggested that he would be willing to move me from a salaried position to one based on commission, therefore allowing me to make much more money. However, the gears in my head began turning, and I realized that if I were to form my own real estate company I could see even greater returns, and I believed I had the connections to make the business viable. My path had been set before me for as long as I could remember, but this new and exciting opportunity was calling its siren song to me. What was I going to do?
Fast forward 40 years, and my company Terranova Corporation has become one of the top commercial real estate firms in southern Florida. I ended up quitting my real estate job and starting the company out of my newly purchased first home – while also saving for marrying my fiance and completing my law degree. Although it wasn’t always easy, with hurdles to overcome from real estate recessions to changing markets, I am confident that pursuing entrepreneurship was the right path for me.
I’m not here to say everybody should quit their jobs and become entrepreneurs. It’s not an easy road, and I would say it is an unwise path to start down it if you are risk-averse, if juggling many roles doesn’t suit you, and unless you have a keenness that will help see you through the rough patches. This is not a decision to be made lightly, and below are some of the most important questions I have found need to be asked if you want to not only pursue entrepreneurship, but also succeed in it.
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