Terreno Realty Stock Price, News & Analysis

Terreno Realty Corporation (NYSE:TRNO) executed an early lease renewal for an 84,000 square foot industrial property in Woodinville, Washington with a premium-grade salt provider.

The lease commences November 1, 2026 and expires December 2033. Terreno said it acquires, owns and operates industrial real estate across six major U.S. coastal markets, including Seattle.

Terreno Realty Corporation (NYSE:TRNO) executed an early lease renewal for 107,000 square feet in Washington, D.C. with the United States Secret Service. The lease will commence February 13, 2026 and expire in February 2029.

The transaction represents a signed, near‑term occupancy commitment for Terreno's Washington, D.C. industrial portfolio and reinforces the company's tenant relationships in one of its six coastal markets.

Terreno Realty Corporation (NYSE:TRNO) acquired an industrial property in Hyattsville, Maryland on December 4, 2025 for approximately $50.0 million. The site includes a rear-load industrial distribution building of ~180,000 square feet on 14.1 acres, located ~1 mile outside Washington, D.C. near the Baltimore‑Washington Parkway and U.S. Route 50.

The building provides 45 dock-high and 1 grade-level loading positions and 156 parking spaces; it is shell complete and interior finishes are expected to be completed in early 2027. Total expected investment is $57.6 million with an estimated stabilized cap rate of 5.2%.

Terreno operates industrial assets across six coastal U.S. markets including New York, Los Angeles, Miami, San Francisco Bay Area, Seattle and Washington, D.C.

Terreno Realty Corporation (NYSE:TRNO) has begun construction of Building 35 at Countyline Corporate Park Phase IV in Hialeah, Florida, the tenth and final building in Phase IV. Building 35 is a 220,000 sq ft, 36-foot clear rear-load industrial distribution building on 10.7 acres with 78 dock-high and two grade-level positions and parking for 185 cars.

Total expected investment for Building 35 is $55.5 million with an estimated stabilized cap rate of 6.0%. Phase IV is entitled for 2.2 million sq ft across ten LEED-certified buildings, a $511.5 million total expected investment, and is expected to be complete in 2027. Combined Phase III and IV will total ~3.5 million sq ft.

Terreno Realty Corporation (NYSE:TRNO) announced that Countyline Corporate Park Phase IV Building 36 in Hialeah, FL is 100% pre-leased following a 76,000 sq ft pre-lease to a plantain products manufacturer/distributor and a 137,000 sq ft total pre-lease to an international logistics company, with leases commencing upon building completion and tenant build-out expected in Q1 2027 and expiring in mid-2037.

Building 36 began construction, targets LEED certification, and has a total expected investment of $56.2 million with an estimated stabilized cap rate of 5.8%. Phase IV is entitled for ~2.2 million sq ft across ten buildings with a total expected investment of ~$511.5 million, bringing Phase III and IV to ~3.5 million sq ft.

Terreno Realty Corporation (NYSE:TRNO) acquired an industrial property in Long Island City, Queens, NY on November 17, 2025 for approximately $4.7 million. The asset is a 0.5-acre improved land parcel at 4-28 33rd Street, adjacent to Terreno’s existing site at 43-27 33rd Street and near Queens Boulevard and the Queensboro Bridge.

The property is 35% leased and the company reports an estimated stabilized cap rate of 6.4%. Total acquisition cost factors in purchase price, assumed debt mark, due diligence, closing, near-term capex and leasing costs.

Terreno Realty Corporation (NYSE:TRNO) announced two leases at Countyline Corporate Park Building 30 in Hialeah, Florida: a 112,000 sq ft lease with a designer/manufacturer of air-to-water technology and a 61,000 sq ft lease with an international freight forwarder/logistics provider.

The 112,000 sq ft lease is expected to commence May 1, 2026 and expire October 2036. The 61,000 sq ft lease is expected to commence March 1, 2026 and expire August 2031. The prior full-building 205,000 sq ft tenant rejected its lease in bankruptcy effective October 31, 2025.

Terreno Realty Corporation (NYSE: TRNO) declared a regular cash dividend of $0.52 per common share for the quarter ending December 31, 2025. The dividend is payable on January 9, 2026 to shareholders of record at the close of business on December 15, 2025. The company also filed its Form 10-Q for the quarter ended September 30, 2025 with the SEC; financial statements and supplemental information are available on the company website.

Terreno operates industrial real estate across six major U.S. coastal markets: New York/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle and Washington, D.C. The release includes standard forward-looking statements and risk disclosures.

Terreno Realty Corporation (NYSE:TRNO) named Paul J. Donahue, Jr. as an independent director effective November 4, 2025, expanding its Board to eight members.

Mr. Donahue is Managing Partner and Co-Founder of Black Squirrel Partners and retired from Morgan Stanley in 2020 after a 32-year career, most recently as Head of Americas Equity Capital Markets and Chairman of the Equity Underwriting Committee. He serves on the boards of PBF (NYSE:PBF) and Servco Pacific and supports several philanthropic boards.

Terreno owns industrial real estate across six coastal U.S. markets and included customary forward-looking statements caution.