Press releases

TERRANOVA CLOSES $3.7 MILLION, 27,000 SQUARE-FOOT LEASE FOR HEALTH MANAGEMENT ASSOCIATES IN SARASOTA, FL.

SARASOTA, Fla., – Terranova closes a $3.7 million lease for Hospital Management Associates, Inc., a subsidiary of Naples based Health Management Associates, Inc. (HMA), in the Sarasota Commerce Center II located at 101 Arthur Andersen Parkway Sarasota, FL 34232.

TERRANOVA SCORES $22.5 MILLION REFINANCE FOR SUNILAND SHOPPING CENTER.

MIAMI BEACH, Fla., – Terranova Capital Corp. is proud to announce the $22.5 million refinance of the 82,000 sq. ft. Suniland Shopping Center located at 11325 South Dixie Highway Pinecrest, FL 33156.

TERRANOVA WELCOMES DREAM GETAWAYS USA TO PALM PLAZA.

MIAMI BEACH, Fla., – Terranova is proud to announce the addition of Dream Getaways USA to Palm Plaza located at 16847 NW 67th Ave. Miami, FL 33015.

TERRANOVA WELCOMES 2 NEW TENANTS TO BIRD VILLAGE PLAZA.

MIAMI BEACH, Fla., – Terranova, South Florida’s leading commercial real estate firm, announces the addition of Bird Village Plaza’s two newest tenants: Countrywide Gold Buyers and Wireless Xpress.

TERRANOVA CORP. CLOSES $25.45 MILLION SALE OF PARKHILL PLAZA CENTER.

MIAMI BEACH, FL – Sept. 27, 2011 – Terranova is pleased to announce the sale of Winn Dixie-anchored Parkhill Plaza Shopping Center, resulting in a $19.4 million profit for the seller, Flagler Retail Associates Ltd., an affiliate of Terranova.

TERRANOVA BROKERS $20 MILLION LOAN FOR PARAISO PARC.

MIAMI BEACH, FLORIDA – July 5, 2011 – Terranova Capital Corporation has brokered a $20 million loan for power shopping center Paraiso Parc, 15701 & 15729 Pines Boulevard, Pembroke Pines on behalf of its affiliated venture partners.

TERRANOVA ADDS OLYMPIC TAEKWONDO MARTIAL ARTS LEARNING CENTER TO PARKHILL PLAZA.

Terranova Corporation is pleased to announce the signing of Florida Taekwondo College to Parkhill Plaza, 9509 West Flagler Street in Miami.

TERRANOVA & FRESHBERRY INK A THIRD LONG TERM DEAL.

The relationship between Terranova Corporation and self-serve frozen yogurt concept FreshBerry continues as the third deal in recent months is inked.

TERRANOVA REPRESENTS BOCA OFFICE BUILDING IN $13 MILLION, 61,500 SQ FT RENEWAL DEAL WITH LEXISNEXIS.

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 REPRESENTS ANNA'S LINENS IN FOUR NEW DEALS FOR 40,000 SF.

Terranova has closed four new retail locations for exclusive tenant representation client Anna’s Linens.

TERRANOVA AWARDED EXCLUSIVE LEASING ASSIGNMENT FOR URBAN COCOWALK PROJECT IN COCONUT GROVE.

MIAMI BEACH, FLORIDA – May 2, 2011 – Terranova Corporation has been awarded the exclusive leasing assignment for premier open-air lifestyle center CocoWalk, 3015 Grand Avenue, Coconut Grove.

RETAIL ROCKS AS TERRANOVA PUTS UP HUGE 1ST QUARTER NUMBERS.

With 13 leases for approximately 100,000 square feet worth $10 million, Terranova is on a roll as the quarter comes to a close.

TERRANOVA LAUNCHES HOME GROWN FARMERS’ MARKET AT BISCAYNE PLAZA.

Terranova invites the community to come by Biscayne Plaza Shopping Center this Saturday, February 19th for the soft launch of “The Upper Eastside Farmer’s Market at Biscayne Plaza.” This seasonal market, taking place every Saturday from 9:00 AM to 2:00 PM, beginning February 19, 2011 and ending May 28, 2011, will feature a variety of locally grown fresh produce, fresh tropical juices prepared on site, artisan breads, local honey, and some prepared foods.

TERRANOVA ADDS 24,000 SQUARE FOOT GROCER TO BISCAYNE PLAZA.

Terranova is pleased to announce the addition of a new anchor tenant to Biscayne Plaza Shopping Center. Sabor Tropical Supermarket joins the shopping center in a long-term, approximately 24,000 square foot deal brokered by Terranova Executive Vice President Mindy McIlroy. Sabor Tropical will replace President Supermarket as the Biscayne Plaza location will be Sabor Tropical’s fifth South Florida store.

TERRANOVA ADDS HEALTHY QUICK SERVICE CHOICE ‘ENERGY KITCHEN’ TO SUNILAND SHOPPING CENTER.

Terranova is pleased to announce that health-conscious fast food chain Energy Kitchen has selected Suniland Shopping Center as its first location in South Florida. The approximately 2,500 square foot long term deal was brokered by Terranova Executive Vice President Mindy McIlroy.

TERRANOVA SIGNS NAVARRO DISCOUNT PHARMACY TO 16,000 SQ FT AT WESTFORK PLAZA.

Terranova Corporation is proud to announce the addition of Navarro Discount Pharmacy to Westfork Plaza, 15825 Pines Blvd, Pembroke Pines. The ten-year, approximately 16,000 square foot deal was broker by Terranova Executive Vice President Mindy McIlroy.

TERRANOVA ADDS A RENT-A-CENTER TO EL MERCADO.

Terranova Corporation is pleased to announce the addition of home furnishings and appliance retailer Rent-A-Center to El Mercado Shopping Center, 2484 W. 60th Street, Hialeah. The approximately 4,000 square foot deal was brokered by Terranova Commercial Associate, Danny Diaz.

TERRANOVA/ ACADIA BUY 3 BUILDINGS IN $52 MILLION LINCOLN ROAD DEAL.

Joint venture affiliates of Terranova Corporation and Acadia Realty Trust (NYSE: AKR) have closed on a landmark three building deal for the acquisition of 741 Lincoln Road, 600 Lincoln Road, and 723 North Lincoln Lane in sunny Miami Beach. The approximately $52 million deal for the three properties adds a little over 61,000 square feet to their growing urban street front retail portfolios.

TERRANOVA LEASES TO DON PATACÓN AT BIRD VILLAGE PLAZA.

Terranova Corporation is pleased to announce the addition of Don Patacón Colombian Restaurant to Bird Village Plaza, a 16,583 square foot shopping center located at 14713 SW 42nd Street.

TERRANOVA LAUNCHES ARTS INCUBATOR AT SUNILAND SHOPPING CENTER.

Suniland Shopping Center, 11325 South Dixie Highway, Pinecrest, is now home to the first Terranova Arts Incubator resident, award winning artist Phil Fung. The Terranova Arts Incubator is a “pop-up shop” program that offers vacant retail space at subsidized rates to hand-selected designers, artists, artisans, curators and creatives.

Nearly 8,000 Square Feet Leased in 3 Months at Sheridan Center.

American Laser Centers Join Terranova’s Glades Twin Plaza.

American Laser Centers joins Glades Twin Plaza in a 5 year deal valued at $340,000, brokered by Terranova Senior Commercial Associate Gordon Messinger.

Econocaribe Leases 144,000 SF at Airport Distribution Center.

Terranova Corporation is pleased to announce the signing of a new 144,000 square foot tenant, Econocaribe, Inc., at its Airport East Distribution Center.

TERRANOVA REPRESENTS WESTON CORPORATE CENTRE IN $2.3 MILLION DEAL WITH GENERAL SERVICES ADMINISTRATION.

Terranova Corporation is proud to announce that The General Services Administration has signed a 10 year lease at Weston Corporate Centre located at 2700 South Commerce Parkway in Weston, Florida. Terranova Senior Commercial Associate Gordon Messinger represented the landlord in the 6,612 square foot transaction valued at over $2.3 million.

Terranova Signs $1.3 Million Deal with Professional Bank in Coral Gables.

MIAMI BEACH, FLORIDA – April 17, 2008 – Terranova Corporation represented Professional Bank, a new locally owned community bank that will be headquartered in Coral Gables, Florida at the Plaza San Remo at 6705 Red Road. Plaza San Remo is a new seven-story, 180,000-square foot, mixed-use development that also includes medical-office condominiums and a 739 space structured parking garage.

Terranova Negotiates Four Office Leases in Weston Valued at Over $5.6 Million.

MIAMI BEACH, FLORIDA – March 25, 2008 – Terranova Corporation has completed four lease deals at the Weston Corporate Centre in Weston, Fla., securing tenants that will occupy 23,864 square feet.

Terranova Signs 1st Deal for New To Florida Furniture Retailer, Eq3, At Midtown Park valued at $3.8 Million.

MIAMI BEACH, FLORIDA – March 25, 2008 – Terranova Senior Commercial Associate, David Preston represented the tenant in the 10 year, 11,000 square foot lease. This marks the first freestanding store for the retailer in the state. EQ3 will open its doors 4th quarter 2008 at Midtown Park located at 3466 North Miami Avenue.

Terranova Signs 1st South Florida Publix Apron's Cooking School Aa Polo Club Shoppes, Boca Raton.

MIAMI BEACH, FLORIDA – March 20, 2008 – Terranova is proud to announce the signing of the first Publix Apron’s Cooking School in South Florida as a tenant at Polo Club Shoppes, located at 5050 Champion Blvd., Boca Raton, FL.

Terranova Brokers $19.47 Million Industrial Deal.

MIAMI, FLORIDA - November 19, 2007 - Terranova Corporation represented the buyer, BlackRock Realty in its acquisition of the AeroTurbine Facility in Miami, Fla. Capital Commercial Group represented the seller, Enbee Capital LLC.

Miami Eurowax Brings Exclusive French Wax to Pincrest Citizens.

MIAMI BEACH, FLORIDA – Nov. 6, 2007 – Now open in Suniland Shopping Center, located at 11427 South Dixie Highway, Miami EuroWax is an alternative to the hassles of going to the mall. Conveniently situated between Dadeland Mall and The Falls Shopping Center, Miami EuroWax is a brand new, contemporary and sparkling clean waxing facility, offering a unique French wax to the citizens of Pinecrest.

Terranova Assigned Leasing and Management of Boca Raton Office Complex.

MIAMI BEACH, FLORIDA - Oct. 22, 2007 – Terranova Corporation is pleased to announce it has been assigned the leasing and management of Meridian Commercial, a two-building office complex in thriving Boca Raton.

Terranova Capital Markets Activities Reach $271 Million in First Half.

MIAMI BEACH, FLORIDA – July 12, 2007 – Terranova Corporation’s Capital Markets activities have made a major impact in the first half of 2007, reaching $271 million in sales and acquisitions in South Florida. During the past six months Terrranova has led sales or acquisitions for Concord Shopping Center, Kendall Mall, Paraiso Parc, Flagler Park Plaza and Grande View Apartment Homes.

Terranova Represents Donald J. Pliner in $5.5 Million Miami-Dade Warehouse Deal.

MIAMI, FLORIDA – June 30, 2007 – Terranova senior commercial associate Gordon Messinger represented Donald J. Pliner of Florida in a $5.5 million deal for an office and warehouse distribution center in South Florida. The building is located at 10800 NW 97th Street, Miami, Fla., within the Flagler Station Business Park.

Terranova Announces Opening of D.D. Flats in Boca, a New Restaurant Concept for South Florida.

MIAMI BEACH, FLORIDA – JUNE 15, 2007 – Terranova Corporation recently signed a lease at Polo Club Shoppes for a new and unique restaurant concept, D.D. Flats Wine Bar and Flatbread Company, which is slated to open its doors June 19th 2007.

Terranova Brokers $95 Million Sale of Flagler Park Plaza.

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).

Terranova Signs Over $1.6 Million in Leases at the Newly Renovated Suniland Shopping Center.

MIAMI BEACH, FLORIDA – April 19, 2007 – Suniland Shopping Center, one of the top performing centers in South Florida has completed a major renovation to update the look of the already successful shopping center. Given its great location at S. Dixie Highway and 112th Street in the affluent Village of Pinecrest, Suniland Shopping Center is now adding three more tenants to its tenant mix bringing the center to 97% occupancy. Terranova Corporation’s Senior Vice President, Mindy McIlroy, represented the Landlord in all of the deals done at the center.

Terranova Signs $1.6 Million Bank of America Bank Deal for Lakeview Shopping Center.

MIAMI BEACH, FLORIDA – April 12, 2007 – Terranova Corporation has signed internationally known, Bank of America (NYSE:BAC) as a tenant at Lakeview Shopping Center, a Publix anchored-center located at 1300 Coral Ridge Road in Coral Springs, FL.

Terranova/Blackrock Joint Venture Acquire $39 Million Paraiso Parc.

MIAMI BEACH, FL – March 21, 2007 – A joint venture between Terranova and BlackRock Realty Advisors has paid $39 million to acquire the brand new Paraiso Parc, a new Publix-anchored shopping center in the heart of southwest Broward County, Florida. The deal closed March 15.

Terranova Awarded Management and Leasing For $88 Million Kendall Mall.

MIAMI BEACH, FLORIDA – March 15, 2007 - Terranova has been awarded the management and leasing of the 300,000 square foot Kendall Mall, just acquired by American Realty Advisors for approximately $88 million.

Terranova Signs $1.6 Million BB&T Bank Deal for Hollywood Station.

MIAMI BEACH, FLORIDA – February 11, 2007 – Terranova Corporation has signed regional bank BB&T Corporation (NYSE:BBT) as a tenant at Hollywood Station, a new mixed-use residential and retail development in the heart of Downtown Hollywood in Broward County.

Terranova Signs Nearly $2 Million Lease with ABC Fine Wine and Spirits at Doral Plaza.

MIAMI BEACH, FLORIDA – February 11, 2007 – ABC Fine Wine & Spirits, the country's largest privately owned fine wine and spirits retailer, is joining the tenant mix at Doral Plaza, a deal that brings the Miami-Dade shopping center to 100 percent occupancy.

Terranova Retained To Sell Flagler Park Plaza.

MIAMI BEACH, FLORIDA – January 24, 2007 – Terranova Corporation has been granted the exclusive right to sell Flagler Park Plaza, a 350,000 square foot Publix anchored shopping center located at 118221 W. Flagler Street, Miami, FL.

Terranova Signs 4 Deals for Over 5,000 Square Feet at Parkhill Plaza , Miami.

MIAMI BEACH, FLORIDA – January 17, 2007 – Terranova Corporation has negotiated four commercial leases at Parkhill Plaza, a 112,448 square foot shopping center located at 9465 West Flagler Street in Miami, bringing the center to just over 81% occupancy.

Terranova Adds D.D. Flats Restaurant to Boca Tenant List.

MIAMI BEACH, FLORIDA – January 15, 2007 – Terranova Corporation has signed a 7-year lease at the Polo Club Shoppes for a new restaurant concept called D.D. Flats International Café and Flatbread Company.

Terranova Brokers $48.4 Million Sale of Concord Shopping Plaza.

MIAMI BEACH, FLORIDA – January 9, 2007 – Terranova announced the sale of Concord Shopping Plaza today on behalf on an institutional client. The 300,000 square foot shopping center located at 11381 Southwest 40th Street Miami, Florida sold for $48,434,500 or $218 psf for the fee portion plus some land leased to Winn Dixie. The property was acquired by Equity One (NYSE: EQY). Terranova’s Capital Markets Division, led by Chairman, Stephen Bittel and Commercial Associate, Scott Rohrbach represented the seller in the sale of the property.

Staples Opens at Pompano Marketplace.

MIAMI BEACH, FLORIDA – January 5, 2007 – Terranova Corporation is pleased to announce the grand opening of Staples, the office supplies superstore, at Pompano Marketplace lease located at 1151 South Federal Highway in Pompano Beach.

Terranova Closes $22 Million in Financing for Two Miami-Dade Shopping Centers.

MIAMI BEACH, FLORIDA – January 4, 2007 – Terranova Corporation closed mortgage financing for two of its Miami-Dade Shopping centers totaling $22 million. Both deals allowed the local ownership groups to unlock significant equity from the properties while obtaining long term fixed interest rates.

Terranova Completes New 132,454 Sf Class A Office Building in Doral.

MIAMI BEACH, FLORIDA – January 3, 2007 – Terranova Corporation has completed construction on a Class-A office building at Doral Costa Office Park in the newly incorporated city of Doral.

Sunglass Hut Signs Five Year Lease in Coral Gables.

MIAMI BEACH, FLORIDA – November 1, 2006 – Sunglass Hut International, North America's largest retailer of designer sunglasses, has joined the growing list of retail chains on Miracle Mile- the signature street of downtown Coral Gables, known for designer and bridal shops, art galleries, restaurants and live theatre.

Anthony's Coal Fired Pizza is Now Open For Business at Pompano Marketplace.

MIAMI BEACH, FLORIDA – October 23, 2006 – Terranova Corporation is pleased to announce the grand opening of ANTHONY’S COAL FIRED PIZZA at Pompano Marketplace, making this their fourth location in South Florida.

Terranova Center Hits 100 Percent Occupancy with a Five Year Rent-A-Center Lease.

MIAMI BEACH, FLORIDA – October 23, 2006 – Terranova Corporation has signed a lease with furniture rental chain Rent-A-Center at Concord Shopping Center, a deal that brings the 300,000 square foot property in West Miami-Dade to 100% occupancy.

Wal-Mart Neighborhood Market to open at Pompano Marketplace.

MIAMI BEACH, FLORIDA – October 11, 2006 – Terranova Corporation is pleased to announce the addition of Wal-Mart Neighborhood Market store to Pompano Marketplace, a move that brings one of the newest grocery anchors in the industry to this South Florida market.

Terranova And Juiceblendz Team Up For A New Location At Suniland Shopping Center.

MIAMI BEACH, FLORIDA – October 10, 2006 – JUICEBLENDZ and Terranova Corporation team up to add nutritional and healthy smoothies to Pinecrest as a tenant at Suniland Shopping Center, a deal that brings the shopping center to 96% occupancy.

Terranova Corporation Closes Two Panera Bread Deals Valued At Over $3.6 Million.

MIAMI BEACH, FLORIDA – October 3, 2006 – Panera Bread, one of the most popular casual restaurants in the industry today, has signed two leases with Terranova Corporation to open bakery-cafés in the Kendall and Doral markets.

Terranova / Blackrock Venture Acquires 400,000 Sf Miami Warehouse.

MIAMI BEACH, FLORIDA – Sept. 13, 2006 – Terranova Corporation announced today the acquisition of a 400,000 square foot warehouse building in Miami, Fla., the first of several industrial acquisitions planned in the area.

Terranova Adds Miami-Based Mediterranean Fast Food Restaurant, Pasha's, to its Tenant Mix.

MIAMI BEACH, FLORIDA – August 15, 2006 – Terranova Corporation has done it again by signing Miami-based Mediterranean Fast Food Restaurant, Pasha’s, as a tenant at Suniland Shopping Center, a deal that brings the shopping center to over 96% occupancy.

Terranova gets a New Look and New Tenants at Suniland Shopping Center.

MIAMI BEACH, FLORIDA – July 27, 2006 – Suniland Shopping Center, one of the best performing centers in South Florida is currently undergoing a major renovation to update the look of the already successful shopping center. Renovations are to be completed by year end 2006. Given its great location at S. Dixie Highway and 112th Street in the affluent Village of Pinecrest, Suniland Shopping Center is now adding three more tenants to its tenant mix bringing the center to 96% occupancy.

Terranova's Capital Markets Team Closes Deal for Over $6.3 Million.

MIAMI BEACH, FLORIDA – July 27, 2006 – Terranova Capital Markets Director Brett Chwick continues to lead the capital markets team in closing yet another deal for 2006.

Terranova Promotes Mcilroy to Senior Vice President.

MIAMI BEACH, FLORIDA – July 10, 2006 – Terranova Corporation is pleased to announce the promotion of Mindy McIlroy to Senior Vice President. In this position she will supervise Terranova’s retail leasing team, as well as continue to work directly with property owners and tenants. She currently represents Anna’s Linens and Navarro Discount Pharmacies in their expansion into Miami-Dade, Broward and Palm Beach counties.

Terranova Negotiates Three Office Leases in Delray Beach Valued At Over $4.6 Million.

MIAMI BEACH, FLORIDA – May 17, 2006 – Terranova Corporation has completed three lease deals at the Arbors Office Park in Delray Beach, Fla., securing tenants that will occupy 38,347 square feet.

Terranova Scores $1.8 Million Citicorp Deal for Suniland Shopping Center.

MIAMI BEACH, FLORIDA – April 27, 2006 – Terranova Corporation has done it again by signing international bank, Citibank, as a tenant at Suniland Shopping Center, a deal that brings the shopping center to over 90% occupancy.

Terranova Signs one of Nation’s Largest Commerical Banks valued at $1.2 Million.

MIAMI BEACH, FLORIDA – April 24, 2006 –Terranova Corporation has signed national commercial bank, SunTrust Bank, as a tenant at El Mercado Shopping Center, a deal that brings the shopping center to 95 percent occupancy.

Downtown Dadeland Signs South Florida’s 1st Deal with West Elm valued at Over $8.5 Million.

MIAMI BEACH, FLORIDA – April 18, 2006 – West Elm, a new retailer tapping consumer demand for casual and chic home furnishings, will open its first South Florida store at Downtown Dadeland, a soon-to-be completed mixed-use project in the heart of Kendall. Downtown Dadeland signed the 12-year lease with West Elm, valued at over $8.5 million for a 16,431-square foot space.

Terranova Engineers Over 50% Gain in Just 21 Months on $20 Million Weston Warehouse Sale.

MIAMI BEACH, FLORIDA – April 14, 2006 – Terranova is please to announce the $20 million sale of the Weston Distribution Center, a 225,760 square foot office/warehouse facility with 4 acres of adjoining developable land in Broward County, between BlackRock Realty Advisors, Inc. and Becknell properties, an Illinois general partnership. Terranova was the broker in the deal, which closed on Wednesday, April 12th.

Terranova Signs Broward's 1st Staples Lease in Pompano Marketplace.

MIAMI BEACH, FLORIDA – April 10, 2006 – Terranova Corporation has signed international retailer Staples as an anchor tenant at Pompano Marketplace, a deal that brings the shopping center to 96 percent occupancy and gives the industry-leading retailer its first Broward County location.

5th Terranova Project Hits 100 Percent Occupancy with a Floors Today Lease Valued at Over $500,000.

MIAMI BEACH, FLORIDA – March 13, 2006 – With the recent signing of a 5-year deal at Coquina Plaza, one more South Florida shopping center leased by Terranova Corporation has reached full occupancy, marking the fifth Terranova center now at 100 percent occupied.

Terranova Breaks Ground On New Class A Office Building.

MIAMI BEACH, FLORIDA – January 31, 2006 – Terranova Corporation has been retained by TA Associates to build a Class-A office building at Doral Costa Office Park in the newly incorporated city of Doral.

Terranova Broker Completes Lease of Industrial Facility.

MIAMI BEACH, FLORIDA – January. 2006 – Terranova Corp. has negotiated an industrial lease with Transcor of Miami Inc., a Philadelphia-based company that provides storage and distribution services for the cruise industry in South Florida.

Terranova Assigned Leasing and Management of Boca Raton Office Complex.

MIAMI BEACH, FLORIDA – Jan.2006 – Terranova Corporation is pleased to announce it has been assigned the leasing and management of Glades Twin Plaza, a two-building office complex in thriving Boca Raton.

Terranova hires Henry Torre as Director Of Operations.

MIAMI BEACH, FLORIDA – December 12, 2005 – Terranova Corporation is pleased to announce that Henry Torre has joined the firm as Director of Operations, responsible for coordinating, supervising and ensuring optimal operation of the company’s retail, office and industrial properties.

Two Terranova Office Buildings Hit 100 Percent Occupancy.

MIAMI BEACH, FLORIDA – November 28, 2005 – With the recent signing of two new office leases valued at over $400,000, The HMA Building and Wachovia Financial Center in Naples, Florida now stand at 100 percent occupied. Terranova handles both leasing and management of the complex.

Terranova Signs New Anchor for Biscayne Plaza.

MIAMI BEACH, FLORIDA – November 17, 2005 – Terranova has signed Presidente Supermarket as a new anchor tenant at Biscayne Plaza, a deal that marks the ninth Presidente store operated by the Miami-based President Supermarkets, Inc.

Terranova Represents Anna's Linens Throughout Florida in 10 Leases Valued Over $7.5 Million.

MIAMI BEACH, FLORIDA – November 8, 2005 – Terranova Corporation represented Anna’s Linens in three new 5-year leases valued at $1.8 million. Terranova Director of Leasing Mindy McIlroy represented the tenant in the three deals spanning Miami-Dade, Broward and Palm Beach Counties.

Terranova takes on 150,000 Square Foot Weston Corporate Center, Bringing Office/Industrial Portfolio to over One Million Square Feet.

MIAMI BEACH, FLORIDA – October 10, 2005 – Terranova Corp. has been awarded exclusive management and leasing representation of Weston Corporate Center, a $34.5 million class-A office complex in the upscale community of Weston, Florida.

Terranova Assumes Leasing of New Urban Retail Landmark-Downtown Dadeland.

MIAMI BEACH, FLORIDA – October 4, 2005 – Terranova Corporation is excited to announce it has won the coveted exclusive leasing assignment for Downtown Dadeland, a new landmark that will become the lifestyle/city center of the Dadeland area of East Kendall, one of South Florida’s premier retail markets.

Terranova Signs Two Bank Deals Valued at Nearly $2.5 Million.

MIAMI BEACH, FLORIDA – September 27, 2005 – Terranova Corporation has signed both Great Florida Bank and Washington Mutual as tenants in two South Florida shopping centers, with the two deals totaling $2.5 million in value.

Terranova Negotiates Office Leases for Nearly 26,000 Square Feet in Delray, Bringing Year to Date Total to 76,000 Square Feet and $9 Million in Value.

MIAMI BEACH, FLORIDA – Sept. 21, 2005 – Terranova Corporation has executed leases that will bring three new tenants to the Arbors Office Park in Delray Beach, Fla., occupying a total of 25,581 square feet with a value of $3.1 million.

Blackrock Realty and Terranova Close On Largest South Florida Open-Air Shopping Center Deal This Year.

MIAMI BEACH, FLORIDA – Sept. 9, 2005 – Westfork Tower LLC, joint venture between BlackRock Realty Advisors and Terranova Corp., has paid $58.4 million to acquire Westfork Plaza, a landmark shopping center in the heart of southwest Broward County, Florida. The deal, which closed Friday, September 9th, is the largest open-air shopping center transaction in the tri-county area in 2005.

Terranova Signs $5 Million Lease for Cost Plus World Market's First South Florida Location.

MIAMI BEACH, FLORIDA – September 6, 2005 – Terranova Corporation is pleased to announce the completion of a lease deal with national retailer Cost Plus World Market for a 21,427-square foot store at Pembroke Crossing in Pembroke Pines, FL. The lease brings the center to 100 percent occupancy.

Terranova Negotiates Nearly $6 Million Office Lease in Delray Beach.

MIAMI BEACH, FLORIDA – August 2, 2005 – Terranova Corporation has completed negotiations for an office lease at the Arbors Office Park in Delray Beach, signing a deal worth a total value of nearly $6 million.

Terranova to Lease Hollywood Station Retail.

MIAMI BEACH, FLORIDA – July 11, 2005 – Terranova Corporation has been awarded exclusive retail leasing representation for Hollywood Station, a mixed use condominium community under construction along four city blocks on the corner of Hollywood Boulevard and South Dixie Highway in Hollywood.

Terranova Brings New National Retailer to Pembroke Pines.

MIAMI BEACH, FLORIDA – May 31, 2005 – Terranova Corporation is pleased to announce the completion of a lease deal with national retail clothing chain Justice for a 4,268- square foot store at Pembroke Crossing in Pembroke Pines, FL.

Terranova Inks $5.2 Million Office Depot Deal.

MIAMI BEACH, FLORIDA – May 10, 2005 – Terranova Corporation has signed national retailer Office Depot as a new anchor tenant in Southport Shopping Center, a deal that marks the office supply chain’s third location in the city of Fort Lauderdale.

Terranova Signs $4 Million Officemax Deal.

MIAMI BEACH, FLORIDA – May 2, 2005 – Terranova Corporation has signed OfficeMax as an anchor tenant in Westfork Plaza, a deal that brings the grocery-anchored shopping center to 100 percent occupancy and gives the retailer a second location in the fast-growing area of Pembroke Pines.

Terranova's Chwick Inks $23.5 Million Tampa Apartment Sale.

MIAMI BEACH, FLORIDA – April 13, 2005 – Terranova Capital Markets Director Brett Chwick has completed the sale of Harbor Club Downs, a 272-unit waterfront apartment community built in 1984 and located in Palm Harbor, Florida, an affluent suburb of the Tampa/St. Petersburg metropolitan area. This deal represents the first of several multifamily deals Terranova has pending to close in April, 2005.

Terranova Takes On Over $200 Million Of New Projects, Totalling Over 1.25 Million Square Feet.

MIAMI BEACH, FLORIDA – February 28, 2005 – Terranova Corp. has been awarded exclusive management and/or leasing representation of four South Florida shopping centers, five office buildings and eight urban street front assets. The recent string of deals adds over 1.25 million square feet to Terranova’s expanding portfolio.

Terranova Assists in Disposition of Four Circuit City Stores.

MIAMI BEACH, FLORIDA – Feb. 11, 2005 – Terranova Corporation is pleased to announce it has assisted in the disposition of four South Florida Circuit City stores. Director of Leasing Erica Des Roches assisted Circuit City with these dispositions, totaling over 130,000 square feet. Circuit City closed the stores as part of the retailer’s move to improve real estate efficiency nationwide.

Terranova Negotiates Naples Office Leases Valued At Nearly $3 Million.

MIAMI BEACH, FLORIDA – Jan. 21, 2005 – Terranova Corporation, exclusive leasing agent for the Wachovia Financial Center in Naples, FL, has negotiated two new leases at the property valued at nearly $3 million.

Terranova Brokers $7 Million Sale of Former Kmart to Costco.

MIAMI BEACH, FLORIDA – January 7, 2005 – Terranova Corporation has completed the sale of a former Kmart store in Pembroke Pines to Costco Wholesale Inc. for $7 million.

Terranova Broker Completes Sale of Industrial Facility.

MIAMI BEACH, FLORIDA – January 4, 2005 – La Fe Foods, a food processor and distributor with operations in Miami and New Jersey, has purchased an industrial facility in Miami-Dade County for over $4 million.

Terranova Sells Retail Deal for $4.8 Million.

MIAMI BEACH, FLORIDA – Dec. 16, 2004 – Terranova Corporation has completed the sale of St. Cloud Square shopping center in Osceola County, FL, for $4.8 million.

Terranova Hires Gordon Messinger as Office and Industrial Broker.

MIAMI BEACH, FLORIDA – December 13, 2004 – Terranova Corp. is pleased toannounce that Gordon Messinger has joined the firm as a Senior Commercial Associate,responsible for office and industrial leasing.

Terranova Inks $1.035 Million Deal for IHOP Restaurant.

MIAMI BEACH, FLORIDA – December 3, 2004 –Terranova Corporation has signed International House of Pancakes as a new tenant in Courtyard Shops of Wellington, adding one more eating option at the Publix-anchored shopping center. The restaurant chain has signed a 10-year lease for a 4,140-square foot restaurant.

Terranova Sells Retail Outparcel for $1.32 Million.

MIAMI BEACH, FLORIDA – November 22, 2004 – Terranova Corp. has completed the sale of a 1.71-acre shopping center out parcel in Miami-Dade County for $1.32 million. Terranova leasing agent Hubert Chen represented the seller in the transaction. The buyer was Gastion Inc./Victory Petroleum, an operator of gas stations.

Terranova Cooks Up New Ruby Tuesday in Miami Lakes.

MIAMI BEACH, FLORIDA – November 19, 2004 – Terranova Corporation is pleased to announce the completion of a ground lease deal for the construction of a new Ruby Tuesday restaurant in Miami Lakes. The 20-year lease is valued at $2.44 million.

Terranova Reports Improved Shopping Center Occupancy and Rents in Palm Beach County.

MIAMI, FLORIDA – Nov. 12, 2004 – Palm Beach County shopping centers, which suffered from double-digit vacancy rates at the end of 2001, have bounced back with strong occupancy and double-digit percent increases in average rent, according to a recent research study by Terranova Corp. in Miami.

Terranova Signs $707,602 Renewal in Miami-Dade.

MIAMI BEACH, FLORIDA – Nov. 8, 2004 – Terranova Corporation is pleased to announce the renewal of a lease with M & M Video for a video rental store of 9,520 square feet at Palm Plaza, a shopping center in Miami, FL.

Terranova Brings New National Retailer to Weston Market.

MIAMI BEACH, FLORIDA – Nov. 5, 2004 – Terranova Corporation is pleased to announce the completion of a lease deal with national retail florist chain KaBloom for a 1,368- square foot store at Weston Lakes Plaza in Weston, FL.

Ssr Tower Fund Leads $54.05 Million, 10-Building Acquisition of South Beach/Coral Gables Portfolio.

MIAMI, FLORIDA – Oct. 26, 2004 – SSR Realty, in conjunction with Terranova affiliate Gables Beach Ltd. and a Madison Marquette affiliate, has paid $54.05 million to purchase a prime real estate portfolio of 10 buildings from Starwood Urban.

Terranova Welcomes New Industrial Tenant.

MIAMI, FLORIDA – Sept. 24, 2004 – Terranova Corp. has signed its first tenant in the Weston Distribution Center, a warehouse facility in Broward County which Terranova recently acquired for SSR Realty for $13.3 million. Terranova was retained to lease and manage the property.

Terranova Inks $1.13 Million Arby’s Deal at Pompano Marketplace.

MIAMI, FLORIDA – September 22, 2004 – Terranova Corporation has signed Arby’s as a new tenant at Pompano Marketplace, adding one more eating option at the shopping center. The fastfood chain has signed a 10-year lease for a 2,900-square foot building once occupied by Kentucky Fried Chicken.

Fifth Terranova Center Hits 100 Percent Occupancy.

MIAMI, FLORIDA – September 1, 2004 – With the recent signing of a 3-year retail lease in Miami, FL, one more South Florida shopping center leased by Terranova Corporation now is fully leased, marking the fifth Terranova center that will stand 100 percent occupied.

Terranova Signs Great Florida Bank in Two Weston Deals Valued at $1.2 Million.

MIAMI, FLORIDA – August 24, 2004 – Terranova Corporation announces two recent lease transactions in Weston, FL, a $1.2 million deal that is part of an aggressive expansion plan by a new South Florida bank.

Terranova Negotiates $2.85 Million of Office Leases in Naples, Fl.

MIAMI, FLORIDA – August 17, 2004 – Terranova Corporation, exclusive leasing agent for two office buildings in the Pelican Bay Executive Center in Naples, FL, recently has negotiated four leases valued at a total of $2.85 million.

Terranova Negotiates More Than $6.85 Million Worth of Leases at Pembroke Crossing.

MIAMI, FLORIDA – August 11, 2004 – Terranova Corporation, exclusive leasing agent for Pembroke Crossing power center, has negotiated more than $6.86 million worth of leases at the retail property within the past 12 months, adding three new tenants that bring the center to 98 percent occupancy.

Terranova Announces Opening of 50,020 Square Feet of Anchor Space.

MIAMI, FLORIDA – April 8, 2004 – Terranova Corporation recently celebrated the grand opening of two new anchor tenants, Linens 'n Things and PETsMART at the firms 350,000 square foot Flagler Park Plaza, located at 8277 West Flagler Street.

Terranova Sells Two Shopping Centers for $40 Million.

MIAMI, FLORIDA – August 3, 2004 – Terranova Corporation has completed the sale of two shopping centers for a total of $40 million, bringing the total volume of capital market transactions by the company in the past two months to $80 million.

Terranova Brokers $13.3 Million Industrial Deal.

MIAMI, FLORIDA – July 13, 2004 – Terranova Corporation represented the buyer, SSR Realty, in its acquisition of Weston Distribution Center, the former Federal Mogul facility in Weston, Florida. CB Richard Ellis represented the seller, Northwestern Mutual Life.

Terranova Represents Anna’s Linens in Lease of First Palm Beach County Location.

MIAMI, FLORIDA – July 8, 2004 – Terranova Corporation represented Anna’s Linens in a 10- year lease valued in excess of $1.36 million. The 9,828 square-foot space was leased at Pine Trail Square, located at the intersection of Military Trail and Okeechobee Boulevard in West Palm Beach. This is Anna’s Linens’ first retail store in Palm Beach County.

Terranova Arranges $26.2 Million in Financing for Two Miami-Dade Shopping Centers.

MIAMI, FLORIDA – June 15, 2004 – Terranova Corporation arranged first mortgage financing for two of its Miami-Dade shopping centers totaling $26.2 million. Both deals allowed the local ownership groups to unlock significant equity from the properties while reducing interest rates.

Terranova Promotes Mcilroy to Director of Leasing.

MIAMI, FLORIDA – June 9, 2004 – Terranova Corporation is pleased to announce the promotion of Mindy McIlroy to Director of Leasing.

Terranova Reports Strong Shopping Center Occupancy in Broward County/Ft. Lauderdale Area.

MIAMI, FLORIDA – May 20, 2004 – Despite a sluggish economy and consolidation in the retail industry, occupancy and rental rates throughout Broward County’s shopping centers have improved since 2000, according to a recent research study by Terranova Corp. in Miami.

Terranova Represents Anna's Linens Florida Expansion.

MIAMI, FLORIDA – May 20, 2004 – Terranova Corporation is pleased to announce its exclusive representation of Anna’s Linens as they expand their retail operation to the state of Florida. Anna’s Linens has purchased the leases of several former Linen Supermarkets in Miami- Dade and Broward counties.

Terranova's Chen Signs Six Commercial Leases.

MIAMI, FLORIDA – May 11, 2004 – Terranova Corporation’s Hubert Chen negotiated six commercial leases, four in Miami-Dade County and two in Broward County, valued in excess of $500,000.

Terranova Signs Ulta for First Broward Store.

MIAMI, FLORIDA – April 29, 2004 – Terranova Corporation’s Director of Leasing Erica Des Roches signed a lease with Ulta Salon, Cosmetics & Fragrance, Inc., the first Broward County location for the retailer and only the second in South Florida. The lease is valued in excess of $2.9 million.

Terranova Negotiates Lease of Three Leslie’s Poolmart Locations In Tri-County Area.

MIAMI, FLORIDA – April 12, 2004 – Terranova Corporation negotiated the lease of three new Leslie’s Poolmart Inc. locations, valued in excess of $780,000. Leslie’s is adding new stores in Miami-Dade, Broward and Palm Beach Counties. Leasing Associate Hubert Chen signed a 5-year lease for

Terranova represents Seitlin & Co. in $5 Million Lease.

MIAMI, FLORIDA – March 24, 2004 – Terranova Corporation represented Seitlin & Company in a 10-year lease valued in excess of $5.1 million. The 22,831 square foot office space was leased at Doral Costa office park, located at 9800 N.W. 41st Street in Miami.

Terranova Signs Freedom Fresh Expansion.

Terranova signs Freedom Fresh Expansion to bring Westpointe Business Center to 100% Occupancy

Stoltz and Terranova Sign Over 53,000 Square Feet in Leases.

MIAMI, FLORIDA ― February 13, 2004 ― Terranova Corporation and Stoltz Realty Company recently negotiated three leases for a combined total of over 53,000 square feet in The Arbors, a three-building office park in Delray Beach. The tenants are Kaplan College (24,371 s.f.), Alfred Angelo (21,391 s.f.) and Applied Digital Solutions, which signed a six-year lease for an 8,000 square foot space. These leases boost the property’s occupancy to 86%.

Brett Chwick Joins Terranova Capital Markets Team.

MIAMI, FLORIDA – February 6, 2004 – Terranova Corp. is pleased to announce that commercial broker Brett Chwick has joined the team to lead Terranova’s multi-family property sales team. The move marks an expansion of Terranova’s brokerage business into the multifamily sector, and a homecoming for Chwick, who began his real estate career in the Miamibased company seven years ago.

Terranova taps Blasi as Executive Vice President.

MIAMI, FLORIDA – January 22, 2004 – Terranova Corporation announced today the hiring of Trish Blasi as Executive Vice President. Blasi will join the Miami based commercial real estate organization at the beginning of February 2004.

Terranova Signs $1.2 Million Deal.

MIAMI, FLORIDA –September 26, 2003– Director of Leasing, Erica des Roches, signed a 10- year lease with CargoKids!, a sister company to Pier 1 Imports, for an excess of $1.2 million in value.

Terranova Brokers $54.3 Million Sale of Flagler Park Plaza.

MIAMI, FLORIDA − June 30, 2003 −Terranova Chairman, Stephen Bittel, announced the firms 350,000 square foot Flagler Park Plaza sale on behalf of Flagler & 82nd, Ltd, a private local partnership. The property was sold to Principal Global Investors, a division of Principal Financial Group (PFG:NYSE).

Terranova Brokers $23.1 Million Sale Of Weston Lakes Plaza For Principal.

Terranova brokers $23.1 million sale of Weston Lakes Plaza for Principal. $240 price per square foot highest yet in Florida

Terranova Brokers $19.9 Million Center.

MIAMI, FLORIDA May 29, 2003--Terranova Corporation recently brokered the $19.916 million sale of Country Isles Plaza located at the corner of Indian Trace and Weston Road in Weston, Florida. Terranova’s Capital Markets Division, led by Chairman, Stephen Bittel, represented Principal Life Insurance Company in the sale of the property. A private investor acquired the property, which comprises 106,343 square feet, including land leases to Publix and Eckerd.

Terranova Signs A $1.5 Million Deal.

MIAMI, FLORIDA – December 2, 2002 – Alex Munoz, Commercial Associate, signed Las Vegas Cuban Cuisine to Westfork Plaza for a total value of $1.5 million. Westfork Plaza is located at 15825 Pines Boulevard in Pembroke Pines, FL.