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TRNO-News
TRNO-Events
Terreno Realty Sells Industrial Property in New Jersey for Approximately $25M
Terreno Realty sold an industrial property located in East Rutherford, New Jersey on October 14 for a sale price of approximately $25M. The property consists of a 86,000 square foot rear-load industrial distribution building on 4.3 acres which is vacant. The property was purchased by Terreno Realty Corporation on October 15, 2015 for $9.3M. The unleveraged internal rate of return generated by the investment was 11.0%.
Terreno Realty Sells Industrial Property in New Jersey for Approximately $8.8M
Terreno Realty sold an industrial property located in Fairfield, New Jersey on September 25 for a sale price of approximately $8.8N. The property consists of a 31,000 square foot industrial distribution building on 2.2 acres which is vacant. The property was purchased by Terreno Realty Corporation on July 23, 2013 for $2.8M. The unleveraged internal rate of return generated by the investment was 11.9%.
Terreno Realty Executes Early Lease Renewals in California Until 2035
Terreno Realty Corporation executed early lease renewals in Sunnyvale, California with a leading provider of molecular diagnostic testing. The leases of three buildings totaling 172,000 square feet, which were to expire in March 2030, will now expire March 2035.
Terreno Realty Sells Industrial Property in Miami for Approximately $21.3M
Terreno Realty sold an industrial property located in Miami, Florida on August 26, 2026 for a sale price of approximately $21.3M. The property consists of a 113,000 square foot industrial distribution building on 3.4 acres which is 100% leased to one tenant. The property was purchased by Terreno Realty Corporation on September 25, 2012 for $8.9M. The unleveraged internal rate of return generated by the investment was 11.1%.
Terreno Realty Acquires Industrial Property in Redmond, WA for Approximately $8M
Terreno Realty acquired an industrial property located in Redmond, Washington on August 19, 2026 for a purchase price of approximately $8M. The property consists of one industrial distribution building containing approximately 21,000 square feet on 1.5 acres. The property is at 9680 153rd Avenue NE, immediately adjacent to Terreno Realty Corporation's property at 9660 153rd Avenue NE on Seattle's Eastside, provides five grade-level loading positions and parking for 56 cars. The property is vacant and the estimated stabilized cap rate is 5.9%.
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