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Terranova Represents Boca Office Building in $13 Million, 61,500 Sq Ft Renewal Deal with Lexisnexis

BOCA RATON, FLORIDA – May 12, 2011 – Terranova Corporation is proud to announce that LexisNexis has signed a 10-year lease renewal at Meridian Commercial Office Complex located at 6601 Park of Commerce Boulevard in Boca Raton, Florida.

Terranova Senior Commercial Associate Gordon Messinger represented the landlord in the 61,524 square foot transaction valued at over $13 million.

LexisNexis is a leading global provider of content-enabled workflow solutions designed specifically for professionals in the legal, risk management, corporate, government, law enforcement, accounting, and academic markets. A member of Reed Elsevier, LexisNexis serves customers in more than 100 countries with 15,000 employees worldwide. LexisNexis will continue to occupy the entire building, which is home to their Risk Solutions division.

“We are thrilled LexisNexis has decided to renew its commitment to Meridian Commercial. Meridian Commercial offered all of the requirements LexisNexis needed to maintain its operations at 6601 Park of Commerce Boulevard. We look forward to a strong long standing relationship with such a valued tenant,” said Stephen Bittel, Terranova Chairman.

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.