Terranova Signs Outparcel Deal With Buffalo Wild Wings

MIAMI BEACH, FLORIDA –August 7, 2014 –Terranova Corporation is pleased to announce it has signed Buffalo Wild Wings to a soon to be developed outparcel at 1601 N Congress Avenue, in Boynton Beach, Florida.

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Buffalo Wild Wings has signed a 10-year lease for a 6,800 square foot restaurant. With locations in every state and continuing to grow internationally, the new Boynton Beach location is projected to open its doors in December 2014.

When touring with Buffalo Wild Wings, Terranova Corporation presented the former Pete Rose Sport Café’s space adjacent to the Courtyard Marriot in Boynton Beach, but like many prospects, Buffalo Wild Wings was unhappy with the lack of visibility. As many restaurants demand high visibility sites, Terranova Corporation presented an idea for a new onsite outparcel.

“We are pleased to have come up with this outparcel idea that not only made the tenant happy but created additional value for the landlord,” said Terranova Commercial Associate Andrei Pintilie, who represented the landlord in the deal.

With more than 1,030 owned and franchised locations in the U.S., Canada and Mexico, Buffalo Wild Wings prides itself as the ultimate place to get together with friends and family for beer, wings and sports watching. With new menu introductions and restaurant remodels meant to encapsulate the energy of a sports stadium, without the stadium seating, Buffalo Wild Wings continues to work to develop a brand for consumers.

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Terranova Corporation, South Florida’s leading commercial real estate advisory firm, currently is involved with commercial real estate assets for its clients and its own portfolio valued at more than $1 billion. The company offers complete commercial real estate services, including asset and property management, leasing, tenant representation, acquisitions, dispositions, financing, construction management and development services.

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It’s Time For Miami To Get “Movin To The Beat” For Parkinson’s Disease

MIAMI, FLORIDA –August 7, 2014 –The National Parkinson Foundation (NPF) in partnership with South Florida Chapter is holding Moving Day®, a fundraising walk for Parkinson’s disease (PD) in Miami. Moving Day® Miami presented by Terranova Corporation will be held at Bayfront Park on Sunday, October 5th, 2014 starting at 8:30am. The money your community raises through Moving Day® will help improve the lives of PD patients and families affected by the disease.

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Each walk will feature a “Movement Pavilion,” with activities such as yoga, Pilates, Tai Chi, dance and much more. Studies show that movement is beneficial and proven to help manage the symptoms of PD, improving flexibility and mobility. The aim is to encourage people to stay active and move for better health.

“On behalf of all persons living with Parkinson’s, participation in Moving Day® indeed changes the quality of life for those in our community that are struggling with this debilitating disease. It’ll be a great day and a lot of fun. I look forward to seeing everyone “Movin’ to the Beat” at Moving Day® Miami 2014!” states Jim Morgan, Moving Day® Miami Chair.

People who take part in Moving Day® Miami become part of a nationwide movement to beat PD by supporting PD education and outreach, cutting-edge research aimed at better treatment and care for PD patients, advancement of clinical care through healthcare professional training and raising general awareness about the disease.

Moving Day® Miami raises awareness of Parkinson’s both nationally and in the South Florida Chapter community. All proceeds raised from the campaign go toward supporting local services for people living with the disease and research leading to better treatments.

To learn more about Moving Day® Miami and how you, your family and friends, and/or your company can get involved, please visit www.MovingDayMiami.org. Moving Day® is made possible, in part, through the generous support of national sponsors, including Moving Day® National Partners UCB, US WorldMeds and Right at Home. Additional national and local sponsorship opportunities are available.

About Parkinson’s Disease

Parkinson’s disease is a neurodegenerative brain disorder that progresses slowly in most people with PD. When 60 to 80 percent of the dopamine-producing cells in the brain are damaged, and do not produce enough dopamine, the motor symptoms of Parkinson’s disease appear. In the United States, 60,000 new cases are diagnosed each year, adding to the one million people who have Parkinson’s disease. It is estimated that four to six million people around the world have Parkinson’s.

About the National Parkinson Foundation (NPF)

Founded in 1957, the mission of the National Parkinson Foundation is to improve the quality of care for people with Parkinson’s disease through research, education and outreach. NPF has funded more than $180 million in care, research and support services.

For more information about the National Parkinson Foundation and the Moving Day® Miami event, please visit www.parkinson.org or call 1-800-4PD-INFO (473-4636).

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Retail Buildings On Miami Beach’s Lincoln Road Sell For Record $342 Million

MIAMI HERALD – August 6, 2014 – BY INA PAIVA CORDLE Terranova Corp. and its investment partner are selling a six-building portfolio at a record price for South Florida retail properties.

The biggest property sale on Miami Beach’s Lincoln Road — and one of the highest-priced deals in South Florida history — is in the works, as the South Florida real estate market continues to soar.

Miami Beach-based Terranova Corp., and investment partner Acadia Realty Trust, the largest property owners on Lincoln Road, have agreed to sell their six-building portfolio on Lincoln Road for $342 million.

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