Terranova Brokers $95 Million Sale Of Flagler Park Plaza

in General, Press releases /

MIAMI BEACH, FLORIDA – April 24, 2007 – Terranova Corp. announced the sale of Flagler Park Plaza today on behalf of an institutional client. The Publix-anchored, 350,000-square foot shopping center in Miami, Florida, sold for $95 million or $271 per square foot. The buyer was KIMCO Realty Corporation (NYSE: KIM).