NYSE:TRNO

Terreno Realty Corporation Announces Lease in Elizabeth, NJ

Retrieved on: 
Tuesday, August 23, 2022
Commercial Building & Real Estate, Construction & Property, REIT, COVID-19, NYSE, Annual report, Risk, Risk management

The lease will commence subsequent to the January 2023 expiration of the current lease and expire October 2027.

Key Points: 
  • The lease will commence subsequent to the January 2023 expiration of the current lease and expire October 2027.
  • 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.
  • This press release contains forward-looking statements within the meaning of the federal securities laws.
  • We caution investors that forward-looking statements are based on managements beliefs and on assumptions made by, and information currently available to, management.

Terreno Realty Corporation Acquires Property in Rancho Dominguez, CA for $32.1 Million

Retrieved on: 
Thursday, August 4, 2022
Commercial Building & Real Estate, Construction & Property, REIT, Acquisition, Public expenditure, Risk, Annual report, Total, NYSE, COVID-19, Risk management

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 Rancho Dominguez, California on August 3, 2022 for a purchase price of approximately $32.1 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 Rancho Dominguez, California on August 3, 2022 for a purchase price of approximately $32.1 million.
  • Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy (generally 95%) divided by total acquisition cost.
  • 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.
  • We caution investors that forward-looking statements are based on managements beliefs and on assumptions made by, and information currently available to, management.

Terreno Realty Corporation Increases Quarterly Dividend by 17.6% and Files Second Quarter 2022 Financial Statements

Retrieved on: 
Wednesday, August 3, 2022
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, REIT, Investor, NYSE, U.S. Securities and Exchange Commission, Risk, Annual report, COVID-19, Mission statement, Risk management

The dividend will be payable on October 14, 2022 to common stockholders of record at the close of business on September 30, 2022.

Key Points: 
  • The dividend will be payable on October 14, 2022 to common stockholders of record at the close of business on September 30, 2022.
  • Terreno Realty Corporation filed its quarterly report on Form 10-Q for the quarter ended June 30, 2022 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 Corporations website, www.terreno.com .
  • We caution investors that forward-looking statements are based on managements beliefs and on assumptions made by, and information currently available to, management.

Terreno Realty Corporation Acquires Property in Hawthorne, CA for $6.5 Million

Retrieved on: 
Wednesday, August 3, 2022
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, REIT, Los Angeles International Airport, Acquisition, Annual report, I-405, COVID-19, LEED, Public expenditure, NYSE, International airport, Risk, Total, Risk management

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 Hawthorne, California on August 2, 2022 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 in Hawthorne, California on August 2, 2022 for a purchase price of approximately $6.5 million.
  • The property is leased on a short-term basis through December 2022 and is expected to be redeveloped with the construction of an approximately 33,000 square foot LEED-certified industrial distribution building.
  • The estimated stabilized cap rate of the redeveloped property is 5.0% and the total expected investment is approximately $15.8 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 Quarterly Operating, Investment and Capital Markets Activity

Retrieved on: 
Thursday, July 7, 2022
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, REIT, Annual report, Transport, SR 520, LEED, COVID-19, Program, Sale, I-880, SR, Los Angeles International Airport, International airport, Florida State Road 826, NW, Contract, New Jersey Turnpike, Certification, Paterson Plank Road, Oakland International Airport, NYSE, CA, 2 Willow Road, Facility, Risk, Riverside Freeway, Share repurchase, Tenant, Real estate, Dam, Online gambling, Self storage, Lease, Natural gas, Intermodal freight transport, I-405

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 second 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 second quarter of 2022.
  • As of June 30, 2022, Terreno Realty Corporation owned 249 buildings aggregating approximately 15.1 million square feet and 42 improved land parcels consisting of approximately 147.7 acres.
  • Terreno Realty Corporation has approximately $58.2 million of acquisitions under contract and approximately $65.5 million of acquisitions under letters of intent.
  • Terreno Realty Corporation expects to file its quarterly report on Form 10-Q for the period ended June 30, 2022 on or about August 3, 2022.

Terreno Realty Corporation Acquires Property in Medley, FL for $20.0 Million

Retrieved on: 
Wednesday, July 6, 2022
Commercial Building & Real Estate, Construction & Property, Acquisition, Annual report, COVID-19, Public expenditure, Florida State Road 826, NYSE, Risk, Total, Risk management, Medley

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 Medley, Florida on July 5, 2022 for a purchase price of approximately $20.0 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 in Medley, Florida on July 5, 2022 for a purchase price of approximately $20.0 million.
  • The 6.7-acre improved land parcel at 8050 NW 90th Street is adjacent to the intersection of the Palmetto Expressway and West Okeechobee Road.
  • The property is vacant and the estimated stabilized cap rate is 5.6%.
  • 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 Lease in Kent, WA

Retrieved on: 
Tuesday, July 5, 2022
Commercial Building & Real Estate, Construction & Property, Risk, Annual report, COVID-19, NYSE, Risk management

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed a full-building lease for approximately 117,000 square feet in Kent, Washington with a nationwide building products distributor.

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 that it has executed a full-building lease for approximately 117,000 square feet in Kent, Washington with a nationwide building products distributor.
  • The lease commenced June 30, 2022 and expires December 2029.
  • 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.
  • We caution investors that forward-looking statements are based on managements beliefs and on assumptions made by, and information currently available to, management.

Terreno Realty Corporation Increases Unsecured Credit Facility Borrowing Capacity

Retrieved on: 
Thursday, June 30, 2022
Public Relations, Investor Relations, Other Construction & Property, Communications, Commercial Building & Real Estate, Construction & Property, Annual report, PNC Financial Services, Regional bank, COVID-19, KeyBank, Huntington Bancshares, NYSE, Facility, TD Bank, N.A., Risk, MUFG Union Bank, Bank, Citizenship

Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today an increase in borrowing capacity under its revolving credit facility (the Facility) by $150 million to $400 million.

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 an increase in borrowing capacity under its revolving credit facility (the Facility) by $150 million to $400 million.
  • The current balance outstanding on the Facility is $12 million.
  • KeyBanc Capital Markets, MUFG Union Bank, N.A., PNC Capital Markets LLC and Regions Capital Markets served as joint lead arrangers and KeyBank, N.A.
  • 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 Lease in Seattle, WA

Retrieved on: 
Wednesday, June 22, 2022
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, REIT, Transport, COVID-19, NYSE, Risk, Annual report, Risk management

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed a lease for 4.4 acres of improved land in Seattle, Washington with a provider of student transportation.

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 that it has executed a lease for 4.4 acres of improved land in Seattle, Washington with a provider of student transportation.
  • The lease will commence June 30, 2022 and expire July 2025.
  • 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.
  • We caution investors that forward-looking statements are based on managements beliefs and on assumptions made by, and information currently available to, management.

Terreno Realty Corporation Acquires Property in Redmond, WA for $19.9 Million

Retrieved on: 
Tuesday, June 21, 2022
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, 2 Willow Road, SR, I-405, Tenant, Public expenditure, COVID-19, Annual report, Acquisition, Total, NYSE, Risk, Risk management

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 Redmond, Washington on June 17, 2022 for a purchase price of approximately $19.9 million.

Key Points: 
  • Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property in Redmond, Washington on June 17, 2022 for a purchase price of approximately $19.9 million.
  • The 3.5-acre improved land parcel at 8660 Willows Road is between I-405 and SR 520 and less than one-half mile from Terreno Realty Corporations properties at 9045 Willows Road and 14505-14515 NE 91st Street.
  • The property is 38% leased to one tenant and the estimated stabilized cap rate is 4.3%.
  • 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.