News & Reports

Leasing
Terranova Closes 20,000 Sq. Ft. Lease With Sapient Corp..
02/20/2012

MIAMI BEACH, Fla., Feb. 16, 2012 /PRNewswire/ -- Terranova has signed Sapient Corp., Nasdaq-traded software and computing giant, to a new 20,000 sq. ft. lease at 1688 Meridian Ave., Miami Beach, FL 33139. The two floor deal for a new division of the publicly traded firm brings new jobs to Miami Beach.

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General
Terranova Executive Vice President, Mindy McIlroy, is Miami Today's "Newsmaker".
09/26/2011

Mindy McIlroy began her journey in real estate at Terranova Corp. 15 years ago as administrative assistant to its leader, Stephen Bittel.

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General
Terranova Corp. | Takes on Urban Core Projects.
09/12/2011

Terranova Corp., based in Miami Beach, FL, is a commercial real estate advisory firm offering asset and property management, leasing, tenant representation, disposition, financing, construction management and development services. The company also owns and operates a portfolio of retail, office and industrial properties throughout southern Florida with a valuation exceeding $1 billion.

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General
Coral Gables Experiencing Mini Building Boom.
08/22/2011

With at least seven new commercial and residential projects in the works this year, the real estate industry is betting on a rebound in the city.

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Leasing
Florida Marlins Garage Leases Tied to Entertainment District Aims.
08/15/2011

Newly appointed to oversee retail leasing at three City of Miami-owned Marlins stadium garages, Terranova Corp. plans to target tenants that will spur a ballpark entertainment district, the firm’s chairman said.

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General
Big Bet On Brickell Key.
07/15/2011

It may take years for Miami to fully recover from the recession, but one large multinational developer is betting on the city’s future with a 9.1-acre, nearly $700-million mixed-use real estate development. Hong Kong-based Swire Properties, which developed and still owns most of Brickell Key, in May received preliminary city approvals for the development in downtown Miami’s Brickell Financial District.

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Acquisitions
Miami Beach properties sell for $52 million.
07/11/2011

A partnership involving retail veteran Stephen Bittel acquired three retail properties in Miami Beach for $51.9 million.

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Leasing
Landlords Hope Incubation Programs Plant Seeds for Paying Tenants.
07/04/2011

"An empty store sends a bad message."

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General
ICSC Preview by Women's Wear Daily.
05/20/2011

By RACHEL BROWN

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Leasing
IN THE NEWS - Terranova Inks String of Retail Leases.
03/14/2011

Terranova is on a retail roll. The company just announced a string of new leases at its shopping centers, including deals at Biscayne Plaza Shopping Center, Suniland Shopping Center, El Mercado Shopping Center and Westfork Plaza.

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Acquisitions
Terranova group buys slice of Lincoln Road.
02/18/2011

Terranova Corp., in a joint venture with Acadia Realty Trust (NYSE: AKR), has snapped up three buildings along Lincoln Road for $52 million.

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Leasing
IN THE NEWS - Terranova chairman sees retail leasing bottom.
09/09/2010

Condo sales in Miami are on the rise, but the retail sector continues to reel from the Wall Street meltdown that mostly froze commercial credit markets.

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Leasing
IN THE NEWS - Sheridan Center in Miami Beach.
06/17/2010

Three months after Terranova Corp. became leasing agent at Sheridan Center in Miami Beach, the commercial realty firm has leased 7,800 square feet.

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Leasing
Econocaribe Leases 144,000 SF at Airport East.
06/15/2010

MIAMI- Econocaribe, a warehousing distribution company, which handles commodities, signed an 144,000 square-foot lease at the 400,000 square-foot Airport East Distribution Center in Miami’s Central Miami-Dade submarket east of Miami International Airport. The 40-year-old building, which was a former Associated Grocers facility, recently underwent a $3 million renovation.

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Acquisitions
At the Corner of Yesterday and Tomorrow.
06/07/2010

The historic intersection of Biscayne Boulevard and 79th Street is up for grabs.

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General
Terranova Miami Dade Shopping Center Update.
04/20/2010

Upward trends in rent and occupancy fizzled out of Miami-Dade County shopping centers in 2009 as landlords and tenants grapple with the impact of the national economic recession. In fall 2009 Miami-Dade shopping centers exhibit noticeably lower asking rents and higher vacancy compared to year-end 2008, proposed projects are on hold and recently completed centers experience a protracted lease-up phase.

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General
IN THE NEWS - Off-price retailers winning tough consumer, realty battles.
03/25/2010

Amidst a slow economic recovery, necessity-based retailers are the ones finding success as cost-conscious consumers are all about value these days, retail analysts say.

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Acquisitions
FIVE FOR BUYING: Top U.S. Retail Property Sales.
04/04/2007

A query of CoStar COMPs first quarter 2007 shopping center sale transactions reveals that value placed on U.S. shopping centers by investors continues to rise. At close of third quarter, the average price-per -square-foot is $159.01, which is 24% higher than the average price-persquare- foot for 2006 shopping center sales.

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Leasing
Terranova Signs $1 Million Deal.
10/22/2002

MIAMI, FLORIDA – October 22, 2002 – Associate Director of Leasing, Mindy McIlroy, signed a 10-year lease with Carrabba’s Italian Grill for an excess of $1 million in value.

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Leasing
Terranova Team Signs $820,788 In New Leases.
10/01/2002

MIAMI, FLORIDA – October 22, 2002 – Terranova leasing agents closed three transactions in busy South Florida shopping centers: Palm Plaza, Kendall One Plaza and Suniland Plaza.

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