New Tenants at Polo Club Shoppes Bring Easy Flair and New York Flavor to Boca Raton

MIAMI BEACH, FLORIDA – July 20, 2012 – Terranova Corporation is pleased to announce the addition of three new tenants in Polo Club Shoppes, a Publix-anchored center serving the Polo Club community in Boca Raton.

Manhattan Joe’s Pizzeria, a neighborhood restaurant that brings a taste of New York’s casual Italian fare down south, will open a 753 square foot restaurant this fall; Blo and Go, a new entry in the emerging hair care category of “blow dry bars”, will open a 923 square foot salon this fall; and Hair Cuttery, a staple of convenient quality hair care throughout the country, has opened a 1,400 square foot salon.

“These tenants are great additions to Polo Club Shoppes, which is all about easy enjoyment and quality convenience for the community it serves,” said Terranova leasing associate Andrei Pintilie, who represented the landlord in the transactions. “Polo Club Shoppes keeps getting better and stronger.”

The new tenants at Polo Club Shoppes, located at 5050 Champion Blvd., will join a line-up of stores that include Publix, Publix Apron’s Cooking School, Walgreens, Suntrust Bank, Brendy’s Yogurt and Ice Cream, and a full array of service merchants and restaurant options, from fine dining at Josef’s Table to casual fare at D.D. Flats.

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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Miami-Dade County Retail Report 2011-2012

Occupancy and average asking rent in Miami-Dade shopping centers are holding steady going into 2012, sustaining the improvement they began to exhibit a year before and settling into the county’s new normal.

Terranova Closes $3.7 Million, 27,000 Square-Foot Lease For Health Management Associates in Sarasota, Fl

SARASOTA, FLORIDA – March 26, 2012 – Terranova closes a $3.7 million lease for Hospital Management Associates, Inc., a subsidiary of Naples based Health Management Associates, Inc. (HMA), in the Sarasota Commerce Center II located at 101 Arthur Andersen Parkway Sarasota, FL 34232.

Terranova Senior Associate, Bob Travis, represented the tenant in the 27,000 sq. ft. lease. “We are delighted to have facilitated the relocation of Health Management Associates’ new Florida Regional Service Center to this area of Sarasota County,” said Travis. “We also greatly look forward to their continued success and expansion at this location.”

HMA has 66 hospitals and 461 clinics across 15 states. The multimillion dollar lease of HMA’s regional service center is conveniently located in its most serviced state, Florida, with approximately one-third of their hospitals and clinics located there. HMA plans to employ more than 200 associates at the regional service center.

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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