Terreno Realty Stock Price, News & Analysis

Terreno Realty Corporation (NYSE:TRNO) has completed a significant multi-market portfolio acquisition valued at $426.9 million. The latest transaction, finalized on September 9, 2025, involves industrial properties in Doral, FL and Kearny, NJ for $194.3 million.

The newly acquired portfolio comprises three industrial distribution buildings spanning approximately 509,000 square feet on 27.6 acres, with a current occupancy rate of 36% across five tenants. This acquisition follows the Woodinville, Washington purchase completed in August 2025, bringing the total portfolio to 1.2 million square feet with an estimated stabilized cap rate of 5.0%.

Terreno Realty Corporation (NYSE:TRNO) has acquired an industrial property in South San Francisco, California for $10.2 million. The property, located at 258 Littlefield Avenue, features a 32,000-square-foot industrial distribution building on 1.1 acres, situated between San Francisco International Airport and the City of San Francisco.

The facility includes four dock-high positions and parking for 24 cars. It is currently 100% leased on a short-term basis until October 2025, with an estimated stabilized cap rate of 5.8%. The property is strategically positioned adjacent to Terreno's existing property at 240 Littlefield Avenue, expanding their presence in one of their six major coastal U.S. markets.

Terreno Realty Corporation (NYSE:TRNO), a major industrial real estate operator in six coastal U.S. markets, has secured an early lease renewal for a 63,000 square foot property in Seattle, Washington. The tenant is a co-warehousing services provider, with the lease set to begin on July 1, 2026 and run through June 2033.

The company specializes in industrial real estate across key markets including New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C.

Terreno Realty Corporation (NYSE:TRNO) has announced the completion and full lease-up of Building 33 at Countyline Corporate Park Phase IV in Hialeah, Florida. The newly developed 158,000 square foot industrial distribution building represents a total investment of $39.9 million with an estimated stabilized cap rate of 5.9%.

The building is part of a larger 121-acre development project entitled for 2.2 million square feet of industrial space. Upon completion in 2027, Countyline Phase IV will feature ten LEED-certified buildings with a total expected investment of $511.5 million. Combined with Phase III, the entire Countyline Corporate Park will encompass 17 buildings totaling 3.5 million square feet.

Terreno Realty Corporation (NYSE:TRNO) has fully leased its Countyline Corporate Park Phase IV Building 32 in Hialeah, Florida. The 164,000-square-foot industrial distribution building secured two major tenants: an aircraft engine maintenance provider leasing 92,000 square feet and an Asian food products distributor taking 72,000 square feet.

Building 32, completed in January 2025, represents a $43.4 million investment with an estimated stabilized cap rate of 6.0%. The facility is part of Terreno's larger Countyline Corporate Park Phase IV development, a 121-acre project entitled for 2.2 million square feet of industrial space with a total expected investment of $511.5 million. Upon completion in 2027, Phases III and IV combined will encompass 17 buildings totaling 3.5 million square feet.

Terreno Realty Corporation (NYSE:TRNO) has acquired a portfolio of industrial properties in Woodinville, Washington for $232.6 million. The acquisition includes 9 industrial distribution buildings spanning 720,000 square feet on 42.8 acres, with a 91% occupancy rate across 26 tenants.

This purchase is part of a larger multi-market portfolio acquisition totaling 1.2 million square feet and valued at $426.9 million, which includes additional properties in Miami and Northern New Jersey. The remaining properties are scheduled for acquisition in September 2025. The entire portfolio has an estimated stabilized cap rate of 5.0%.

Terreno Realty Corporation (NYSE:TRNO), a major industrial real estate operator in six coastal U.S. markets, has secured an early lease renewal for a 52,000 square foot property in Washington, D.C. The tenant, a wine and spirits distributor, will commence the lease on April 1, 2026, with expiration set for March 2031.

The company specializes in industrial real estate across key markets including New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C.

Terreno Realty Corporation (NYSE:TRNO) has acquired an industrial property in Redondo Beach, California for $35.5 million. The property comprises two industrial distribution buildings spanning 100,000 square feet on 5.1 acres, located at 3700 and 3730 Redondo Beach Avenue.

The strategic acquisition features 16 dock-high and three grade-level loading positions and parking for 88 cars. The property is fully leased to two tenants and boasts an estimated stabilized cap rate of 5.8%. Notably, the location is adjacent to Terreno's existing 6.7-acre property at 2411 Santa Fe Avenue, strengthening their presence in the area.

Terreno Realty Corporation (NYSE:TRNO) has successfully sold an industrial property in Santa Fe Springs, California for $11.0 million. The property, consisting of a fully-leased 2.3-acre improved land parcel, was originally purchased in November 2018 for $6.4 million.

The investment generated an impressive unleveraged internal rate of return of 13.2%. Terreno Realty Corporation operates in six major coastal U.S. markets, including New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C.