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Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity

Retrieved on: 
Monday, January 9, 2023

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today its operating, investment and capital markets activity for the fourth quarter of 2022.

Key Points: 
  • Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today its operating, investment and capital markets activity for the fourth quarter of 2022.
  • As of December 31, 2022, Terreno Realty Corporation owned 252 buildings aggregating approximately 15.3 million square feet and 46 improved land parcels consisting of approximately 161.4 acres.
  • During the fourth quarter of 2022, Terreno Realty Corporation commenced the redevelopment of 4857 W 147th Street in Hawthorne, California.
  • Terreno Realty Corporation has approximately $73.0 million of acquisitions under contract and approximately $13.5 million of acquisitions under letters of intent.

Terreno Realty Corporation Acquires Property in Elizabeth, NJ for $15.4 Million

Retrieved on: 
Wednesday, November 30, 2022

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Elizabeth, New Jersey on November 29, 2022 for a purchase price of approximately $15.4 million.

Key Points: 
  • Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Elizabeth, New Jersey on November 29, 2022 for a purchase price of approximately $15.4 million.
  • The property consists of one industrial distribution building containing approximately 23,000 square feet on 1.8 acres.
  • The property is 100% leased on a short-term basis and the estimated stabilized cap rate is 5.4%.
  • Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C.

Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity

Retrieved on: 
Thursday, January 6, 2022

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today its operating, investment and capital markets activity for the fourth quarter of 2021.

Key Points: 
  • Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today its operating, investment and capital markets activity for the fourth quarter of 2021.
  • As of December 31, 2021, Terreno Realty Corporation owned 253 buildings aggregating approximately 15.1 million square feet and 36 improved land parcels consisting of approximately 127.1 acres.
  • The fourth quarter investment activity was as follows:
    9045 Willows Road: One 0.8-acre improved land parcel in Redmond, Washington, between I-405 and SR 520.
  • Terreno Realty Corporation has approximately $21.0 million of acquisitions under contract and approximately $174.3 million of acquisitions under letters of intent.

Terreno Realty Corporation Acquires Property in Elizabeth, NJ for $44.0 Million

Retrieved on: 
Thursday, October 21, 2021

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Elizabeth, New Jersey on October 20, 2021 for a purchase price of approximately $44.0 million.

Key Points: 
  • Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Elizabeth, New Jersey on October 20, 2021 for a purchase price of approximately $44.0 million.
  • The property consists of one industrial transshipment building containing approximately 31,000 square feet on 6.0 acres.
  • The property is 100% leased to one tenant on a short-term basis.
  • Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C.