NYSE:TRNO

Terreno Realty Corporation Acquires Property in Bellevue, WA for $6.5 Million

Retrieved on: 
Monday, January 8, 2024

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 Bellevue, Washington on January 5, 2024 for a purchase price of approximately $6.5 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 Bellevue, Washington on January 5, 2024 for a purchase price of approximately $6.5 million.
  • The property consists of one industrial distribution building containing approximately 16,000 square feet on 1.8 acres.
  • The property is vacant and the estimated stabilized cap rate is 5.8%.
  • 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 Sells Property in Compton, CA for $15.9 Million

Retrieved on: 
Tuesday, January 2, 2024

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Compton, California on December 27, 2023 for a sale price of approximately $15.9 million.

Key Points: 
  • Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Compton, California on December 27, 2023 for a sale price of approximately $15.9 million.
  • The property consists of a 58,000 square foot industrial distribution building on 3.0 acres which is 100% leased to one tenant.
  • The property was purchased by Terreno Realty Corporation on July 21, 2017 for approximately $9.4 million.
  • 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 Sells Property in West Caldwell, NJ for $17.8 Million

Retrieved on: 
Wednesday, December 20, 2023

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in West Caldwell, New Jersey on December 19, 2023 for a sale price of approximately $17.8 million.

Key Points: 
  • Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in West Caldwell, New Jersey on December 19, 2023 for a sale price of approximately $17.8 million.
  • The property consists of a 93,000 square foot industrial distribution building on 8.9 acres which is 100% leased to two tenants.
  • The property was purchased by Terreno Realty Corporation on June 20, 2013 for approximately $6.8 million.
  • 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 Development Completion in Hialeah, FL

Retrieved on: 
Thursday, December 14, 2023

Building 41 of Terreno Realty Corporation’s Countyline Corporate Park is a 191,000 square foot 32-foot clear height rear-load industrial distribution building on 10.5 acres with 62 dock-high and two grade-level loading positions and parking for 196 cars.

Key Points: 
  • Building 41 of Terreno Realty Corporation’s Countyline Corporate Park is a 191,000 square foot 32-foot clear height rear-load industrial distribution building on 10.5 acres with 62 dock-high and two grade-level loading positions and parking for 196 cars.
  • The building is expected to achieve LEED certification, the total investment is $41.2 million and the stabilized cap rate is 5.1%.
  • Taken together, Terreno Realty Corporation’s Countyline Corporate Park Phase III and IV will contain 17 industrial distribution buildings and 3.5 million square feet.
  • 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 Declares Quarterly Dividend and Files Third Quarter 2023 Financial Statements

Retrieved on: 
Wednesday, November 1, 2023

Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending December 31, 2023 of $0.45 per common share.

Key Points: 
  • Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending December 31, 2023 of $0.45 per common share.
  • The dividend will be payable on January 5, 2024 to common stockholders of record at the close of business on December 15, 2023.
  • Terreno Realty Corporation filed its quarterly report on Form 10-Q for the quarter ended September 30, 2023 with the U.S. Securities and Exchange Commission.
  • The financial statements and supplemental financial information are available in the Investors & Media section of Terreno Realty Corporation’s website, www.terreno.com .

Terreno Realty Corporation Acquires Property in Redondo Beach, CA for $45.7 Million

Retrieved on: 
Wednesday, October 11, 2023

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 Redondo Beach, California on October 10, 2023 for a purchase price of approximately $45.7 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 Redondo Beach, California on October 10, 2023 for a purchase price of approximately $45.7 million.
  • The property consists of one industrial transshipment building containing approximately 67,000 square feet and one industrial flex building containing approximately 45,000 square feet on 6.7 acres.
  • The property is 100% leased to two tenants and the estimated stabilized cap rate is 5.3%.
  • 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: 
Monday, October 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 third quarter of 2023.

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 third quarter of 2023.
  • During the third quarter of 2023, Terreno Realty Corporation acquired one 4.9-acre property which will be redeveloped for a purchase price of approximately $14.8 million.
  • Subsequent to September 30, 2023, Terreno Realty Corporation sold one 100%-leased property in Hanover, Maryland for a sale price of approximately $18.0 million.
  • Terreno Realty Corporation expects to file its quarterly report on Form 10-Q for the period ended September 30, 2023 on or about November 1, 2023.

Terreno Realty Corporation Acquires Property in Brooklyn, NY for $27.5 Million

Retrieved on: 
Thursday, October 12, 2023

The property consists of one industrial flex building containing approximately 96,000 square feet on 3.8 acres.

Key Points: 
  • The property consists of one industrial flex building containing approximately 96,000 square feet on 3.8 acres.
  • The property is at 185 Van Dyke Street, on the Upper New York Bay waterfront, provides two dock-high and ten grade-level loading positions and off-street parking for 26 cars.
  • The property is 66% leased to 19 tenants and the estimated stabilized cap rate is 6.4%.
  • 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 Sells Property in Hanover, MD for $18.0 Million

Retrieved on: 
Thursday, October 5, 2023

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Hanover, Maryland on October 4, 2023 for a sale price of approximately $18.0 million.

Key Points: 
  • Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Hanover, Maryland on October 4, 2023 for a sale price of approximately $18.0 million.
  • The property consists of a 13.4-acre improved land parcel which is 100% leased to one tenant.
  • The property was purchased by Terreno Realty Corporation on July 12, 2016 for approximately $8.2 million.
  • 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 Acquires Property in Santa Ana, CA for $14.8 Million

Retrieved on: 
Thursday, September 7, 2023

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 in Santa Ana, California on September 6, 2023 for a purchase price of approximately $14.8 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 in Santa Ana, California on September 6, 2023 for a purchase price of approximately $14.8 million.
  • The property at 1720 East Garry Avenue is immediately adjacent to the Costa Mesa Freeway (CA 55) and less than two miles from the intersection of CA 55 and I-405 and the John Wayne Airport in Orange County.
  • The 4.9-acre property contains three multi-tenant office buildings leased on a short-term basis which will be demolished.
  • 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.