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Terranova Corporation Relocates Headquarters To 55 Miracle Mile In Coral Gables

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Sold 05/08/2023
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Terranova Corporation Relocates Headquarters To 55 Miracle Mile In Coral Gables

55 Miracle Mile

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Sold 05/08/2023
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Summary

Transaction Type:Sale

Terranova Corporation, a real estate firm, has relocated its headquarters from Miami Beach to a 5,300-square-foot space at 55 Miracle Mile in Coral Gables. The new location is owned by CGI Merchant Group. Terranova, founded by Stephen Bittel, manages an extensive portfolio on Coral Gables' Miracle Mile and Miami Beach's Lincoln Road, which includes retail buildings and a planned four-story office development at 93 Miracle Mile.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 55 Miracle Mile, Coral Gables
  • Market: Coral Gables

The landlord of the leased space at 55 Miracle Mile is CGI Merchant Group, represented by Raoul Thomas. Terranova Corporation, represented by Stephen Bittel, is the tenant in this transaction.

Details

SOLD
IMAGE: Raoul Thomas & Stephen Bittel DATE: 05/08/2023 ADDRESS: 55 Miracle Mile MARKET: Coral Gables ASSET TYPE: Office LANDLORD: CGI Merchant Group - Raoul Thomas TENANT: Terranova Corporation - Stephen Bittel ASKING RENT: $1,640/Month ~ SF: 5,300 NOTE: Real estate firm Terranova Corporation relocated its headquarters from Miami Beach to a 5,300-square-foot space at 55 Miracle Mile in Coral Gables, a location owned by CGI Merchant Group. Terranova, founded by Stephen Bittel, has an extensive portfolio on Coral Gables' Miracle Mile and Miami Beach's Lincoln Road, including retail buildings and a planned four-story office development at 93 Miracle Mile.

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