About Us

Mission Statement

Maximizing Value For Business Through Real Estate.

Terranova Corporation, Florida’s leading commercial real estate advisory firm, is involved with over $1 billion in commercial real estate assets for its clients and its own portfolio. Terranova provides asset and property management, leasing, tenant representation, dispositions, financing, construction management and development services.

History

Thirty Years of Excellence Terranova was founded in 1980 with the operation of a commercial property for a local partnership. Since then, Terranova has grown to become one of South Florida’s leading commercial real estate firms, growing a portfolio that now includes more than several million square feet of retail, office and industrial properties.

 

Terranova has served as the exclusive agent for more than $5 billion worth of commercial projects throughout Florida, representing some of the strongest companies in the world. Notable clients include: BlackRock Realty, Principal Capital Management, Prudential Investment and Management, AEW Capital Management, Lincoln National Life, Bank of America, Morgan Stanley, GE Capital Realty Group, GE Investments, Bank of New York, TA Realty, Chase Manhattan Bank, New York Life, and Travelers Insurance.

 

Today, Terranova is both an owner and a third-party operator of some of the best commercial real estate in South Florida. Terranova offers a comprehensive array of services to select and selective clients who seek energetic and creative efforts to manage their real estate needs. Through its history, Terranova  has grown and matured as a corporation, but its core business, as it was in 1980, is delivery of professional real estate services, for its clients and its own portfolio.   

Values

Terranova is passionate in it’s commitment to the team delivery of exceptional real estate services.

PASSION

Terranova treats every request with a sense of urgency and importance to detail, providing creative solutions and instilling unwavering confidence in its stakeholders.

EDUCATION

We value education because we know that knowledge is the springboard to achieve personal and team growth.

RESPECT

Terranova is a team environment. We believe in trust, second chances and respect for each other and our stakeholders. We communicate with honesty, speed and clarity to build and earn respect and confidence.

PROFITABILITY

To fulfill personal and team goals, we must continually grow and be profitable. We encourage thoughtful cost analysis for our stakeholders and our company. Our expansion through people, clients and real estate is the job of every team member.

EXPECTATIONS

Each task is measured against perfection. We demand excellence from ourselves, our clients and each other. We encourage and reward hard work, with an unwavering commitment to always getting better.

TECHNOLOGY

Terranova strives for early adoption of new technologies to maximize productivity in thought, analysis and action. We push to accomplish our goals more efficiently and effectively every day.

PRINCIPLES

As a company and as individuals we always strive to do what is right. At Terranova, we place our principles before our profits.

Ownership profile

STEPHEN H. BITTEL

Position: Chairman and Founder
Stephen H. Bittel is the chairman and founder of Terranova Corporation. Bittel founded Terranova in 1980 to specialize in the management, leasing, financing, development and sales of major real estate assets.  Bittel is also president of Petroleum Realty Investment Partners, a venture begun in April 1999 to invest in the gas station/convenience store industry.

 

Leadership and Achievement: Terranova operates nearly $1 billion worth of real estate assets, and Bittel personally has been responsible for over $2 billion in real estate transactions. Petroleum Realty Investment Partners has invested over $100 million in the convenience store/gas station industry.

 

Bittel was a founder of the Young Presidents Organization’s Miami chapter and its chairman in 2002, and served as chairman of YPO’s International Real Estate Roundtable in 2002 and 2003. He has written numerous articles and spoken at prestigious conferences and universities throughout the United States and Europe. In 2005 he was awarded the South Florida Business Journal’s “Ultimate CEO” award.

Professional Affiliations: Bittel is a member of the Florida Bar Association and the Mortgage Bankers Association. He is a licensed real estate broker and a member of the International Council of Shopping Centers, where he serves as member of the Open Air Center Committee, and was chairman of the first two national Open Air Center conferences. Bittel is an outside director of Great Lakes Dredge and Dock, the country’s largest dredging company (NASDAQ:GLDD).

 

Community Involvement: Bittel is a board member and vice chairman of development of the National Jewish Democratic Council. He led the Greater Miami Jewish Federation’s Washington Mission in 2009 and 2010, and in 2009 was elected at-large member of the Democratic National Committee, where he serves on the Rules and Bylaws Committee. Bittel currently serves on the board of directors of Alonzo Mourning Charities, Konbit for Haiti and Florida International University Foundation. He is a director emeritus of the Community Partnership for the Homeless and is on the Florida International University School of Business Advisory Board.

Education: Bittel graduated magna cum laude with a degree in economics from Bowdoin College in 1978. Thereafter, under a grant from the Thomas J. Watson Foundation, he spent a year in Europe working with foreign banks, law firms and public companies, addressing problems in foreign investment in the United States. Upon returning to the United States, he attended University of Miami School of Law, graduating in 1982.

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