NYSE:TRNO

Terreno Realty Corporation Acquires Property in Newark, NJ for $17.3 Million

Retrieved on: 
Tuesday, April 19, 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 in Newark, New Jersey on April 18, 2022 for a purchase price of approximately $17.3 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 Newark, New Jersey on April 18, 2022 for a purchase price of approximately $17.3 million.
  • The 9.7-acre improved land parcel at 87 Doremus Avenue is adjacent to Exit 15E of the New Jersey Turnpike and Terreno Realty Corporations 85 Doremus Avenue property.
  • The property is 100% leased to two tenants, one of which is on a short-term basis, 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 Acquires Property in Redmond, WA for $9.8 Million

Retrieved on: 
Monday, April 11, 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 Redmond, Washington on April 8, 2022 for a purchase price of approximately $9.8 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 located in Redmond, Washington on April 8, 2022 for a purchase price of approximately $9.8 million.
  • The property is at 14505-14515 NE 91st Street, between I-405 and SR 520 adjacent to Terreno Realty Corporations property at 9045 Willows Road, provides 13 grade-level loading positions and parking for 58 cars.
  • The property is 100% leased to one tenant and the estimated stabilized cap rate is 4.1%.
  • 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, April 7, 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 first 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 first quarter of 2022.
  • Terreno Realty Corporation has approximately $193.2 million of acquisitions under contract and approximately $100.4 million of acquisitions under letters of intent.
  • Terreno Realty Corporation has one property under contract for sale for approximately $110.4 million aggregating approximately 580,000 square feet.
  • Terreno Realty Corporation expects to file its quarterly report on Form 10-Q for the period ended March 31, 2022 on or about May 4, 2022.

Terreno Realty Corporation Announces Rooftop Solar Agreements in Washington, D.C.

Retrieved on: 
Friday, April 1, 2022

Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner, and operator of industrial real estate in six major coastal U.S. markets, announced today it has entered agreements to host rooftop solar projects in Washington, D.C., with an aggregate power generating capacity of 8.4 MW equivalent capacity to power over 700 homes.

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 it has entered agreements to host rooftop solar projects in Washington, D.C., with an aggregate power generating capacity of 8.4 MW equivalent capacity to power over 700 homes.
  • The Company expects the projects to be operational in 2023 as part of Terreno Realty Corporations sustainability goal of rooftop solar on at least 5% of total rooftop area by year-end 2024.
  • 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 Properties in Bellevue, WA for $13.0 Million

Retrieved on: 
Thursday, February 24, 2022

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired three industrial properties in Bellevue, Washington on February 23, 2022 for a purchase price of approximately $13.0 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 three industrial properties in Bellevue, Washington on February 23, 2022 for a purchase price of approximately $13.0 million.
  • The properties are adjacent to the intersection of I-405 and Washington SR 520.
  • The property is 100% leased to three tenants and the estimated stabilized cap rate is 3.4%.
  • 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 Completion of Redevelopment in Doral, FL

Retrieved on: 
Thursday, February 17, 2022

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced that it has completed the redevelopment of its Americas Gateway Building 5 property in Doral, Florida and leased 100% of the property.

Key Points: 
  • Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced that it has completed the redevelopment of its Americas Gateway Building 5 property in Doral, Florida and leased 100% of the property.
  • The property is 100% leased to four tenants with leases expiring in 2027 and the stabilized cap rate of the redeveloped property is approximately 6.6%.
  • 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.
  • We caution investors that forward-looking statements are based on managements beliefs and on assumptions made by, and information currently available to, management.