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TERMS OF SERVICE
Informational Purposes Only: The material on the Terranova Corporation (“Terranova”) website has been prepared and published for informational purposes only. This website may contain links to other resources on the internet, both those of affiliated companies, and of third parties. We take no responsibility for the content, accuracy, or timeliness of those other websites, nor do we endorse any commercial products that may be advertised or available on those websites.
License and Website Access: Terranova grants you a limited license to access and use this website solely for personal noncommercial purposes. You may not download (other than page caching) or modify it, or any portion of it, except with the express prior written consent of Terranova. This license does not include any resale or commercial use of this website or its contents; any collection and use of any property listings, descriptions, or prices; any derivative of this website or its contents; or any use of data mining, robots, or similar data gathering and extraction tools. This website or any portion of this website may not be reproduced, copied, sold, resold, visited, or otherwise exploited for any commercial purpose without express prior written consent of Terranova. You may not frame or utilize framing techniques to enclose any trademark, logo, or other propietary information, including, but not limited to, images, text, page layout, or form, or use any meta tags or any other "hidden text" utilizing Terranova's name or trademarks, without the express written consent of Terranova. You are granted a limited, revocable, and nonexclusive right to create a hyperlink to the home page of Terranova, so long as the link does not portray Terranova in a false, misleading, derogatory, or otherwise offensive manner. You may not use the Terranova logo or other proprietary graphics as part of the link without the express written permission of Terranova.
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Illegal or Abusive Usage is Strictly Prohibited: You may not use this website for any illegal or unauthorized purpose. International users agree to comply with all local law as regarding online conduct and acceptable content. We may block or withhold your access to the website if we have reasonable grounds to suspect any breach by you of these terms and conditions, that we or any user has incurred or may incur any liability in connection with the website, or if your use of the website is otherwise inappropriate. You may be subject to legal action should you be found to have engaged in illegal or abusive usage of our website.
Disclaimer and Indemnity: Terranova disclaims any and all liability for any loss, damage, or other liability whatsoever arising from the use of this website or the terms and conditions in connection with this website and specifically excludes all warranties, conditions and terms, whether express or implied to the fullest extent permitted by law. You agree to indemnify Terranova against any liabilities, claims, and expenses that may arise from your use of the website and any breach of these terms and conditions by you, your employees, or agents.
Modification of Terms and Conditions: Terranova may modify these terms and conditions at any time by post of the new version on the website. You will have agreed to such revised version if you continue using the website after the change or modification is posted. You should check the terms and conditions periodically to ensure that you are aware of and are complying with the current version.
Terranova respects the privacy rights of our online visitors and recognizes the importance of protecting the information collected from you.
Terranova will not sell, borrow, or share your contact information with any outside parties. All information collected (which will be limited to name, e-mail address, physical address, and phone number) will only be used and accessible to selected Terranova representatives. We respect your privacy and will only use your information to improve customer service, website functionality, and to communicate with you. Communications may include, but are not limited to:
If you have any questions or concerns regarding any information presented in this policy, please contact us by telephone at 305.695.8700.
Founder and chairman of Terranova Corporation
Stephen Bittel, founder and chairman of Terranova Corporation, is a fixture in both the real estate industry and the community of Miami, Florida. With deep roots in the southern coastal city, he has dedicated his life towards not only building his business to be one of the top commercial real estate firms in South Florida (for which in 2005 he was awarded the South Florida Business Journal “Ultimate CEO” award) but also promoting the livelihood of his hometown through his active involvement in it.
Bittel grew up assuming he would follow in the footsteps of his father and grandfather who were both lawyers. Born and raised in Miami, his family on both sides had been in the city for generations. Moving far up the coast of the Atlantic Ocean to attend the small private liberal arts college Bowdoin College in Brunswick, Maine, he graduated magna cum laude with a degree in economics and applied to law school while traveling Europe under the Thomas J. Watson Fellowship grant. Returning to Florida to attend the University of Miami School of Law, while attending the school, he began working full-time at a commercial real estate firm at first as a way to support himself, but soon found his passion for business ignited. In his second year of law school when the firm he was working for offered to take him from salaried pay to commission, Bittel saw an opportunity to apply his business acumen on an even higher scale, and promptly quit to form his own business — Terranova Corporation. He earned his law degree and passed the bar exam, but he knew that his true passion lay in business.
The name Terranova came from the back of a dictionary where Bittel found a section on foreign words. It means “new land” in Latin, and he chose it with the anticipation of utilizing his connections formed through the Watson Fellowship to bring European investors into the southern Florida real estate market. Terranova Corporation’s first logo was created by an art student from the University of Miami, and its first investment was in the purchase of two small unanchored strip shopping centers. This became a cornerstone of Terranova Corporation and Bittel’s business model for its first twenty years of business as they purchased and leased shopping centers in up-and-coming suburban markets. By focusing on strip centers that had a supermarket or drugstore anchor, they were able to build partnerships with some of the largest chains in Florida. However, as people began moving back into more urban areas of the city such as Miami Beach, Bittel and the company shifted their strategy and began to purchase urban retail centers that were part of a walkable downtown core. In one of the largest property sales in the history of southern Florida, Bittel purchased the first set of properties on Lincoln Road in Miami for $52 million at $850 per square foot — an amount that was seen at the time as staggering — but was able to sell this and other properties for $342 million, solidifying Terranova Corporation as a titan in the industry to be reckoned with that today owns and operates more than $1 billion in assets.
Outside of his professional career, Bittel has led a rich life dedicated to serving his city, community, and country. He believes that one of the first steps towards bettering the community is through ensuring those designated to lead are the right ones for the job, and was an elected member of the Democratic National Committee for eight years, as well as the national finance co-chair for the committee. He was also a board member and the vice chairman of development for the National Jewish Democratic Council and a trustee member for the Greater Miami Chamber of Commerce. For the local Miami community, he has held board positions for the Miami-Dade Expressway Authority, the Community Partnership for the Homeless, Teach for America (TFA), and the Jackson Memorial Hospital Foundation. Currently, he is on the board for Achieve Miami, having stated that the inner city education gap could potentially be the most destabilizing single issue facing the United States. When he can catch a minute between his business and community endeavors, he enjoys spending time with his wife and three children, reading non-fiction, and catching a Miami Heat game.