Terreno Realty Stock Price, News & Analysis

Terreno Realty Corporation (NYSE:TRNO) has successfully sold a portfolio of industrial properties in Doral, Florida for $82.3 million. The portfolio, which was originally purchased in 2013 for $23.7 million, consists of six buildings spanning 302,000 square feet on 14.6 acres and is currently 91% leased to 21 tenants.

The investment generated an impressive unleveraged internal rate of return of 14.7%. TRNO continues to operate industrial real estate across 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.

Terreno Realty Corporation (NYSE:TRNO), a major coastal industrial real estate operator, reported strong Q2 2025 performance with 97.7% quarter-end occupancy, up from 96.6% in Q1 and 96.0% year-over-year. The company achieved a 22.6% increase in cash rents on new and renewed leases during Q2, with year-to-date increases of 26.8%.

Investment activity included $123.5 million in acquisitions of six industrial properties totaling 305,000 square feet, and $114.5 million in dispositions of two properties. The company has $445.3 million of acquisitions and $240.8 million of dispositions under contract or letter of intent. Notable developments include six properties under development/redevelopment with a total expected investment of $436.4 million.

Terreno Realty Corporation (NYSE:TRNO), a major industrial real estate operator in six coastal U.S. markets, has secured two significant lease agreements in Santa Clara, California, with an eVTOL aircraft designer and developer. The agreements include a 35,000 square foot renewal lease starting September 2025 and a 30,000 square foot expansion lease beginning August 2025, both extending through August 2028.

The company's portfolio spans 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 Long Island City, Queens, New York for $31.1 million. The strategic acquisition includes a 48,000-square-foot industrial distribution building situated on 2.2 acres at 49-10 27th Street, adjacent to the Queens-Midtown Tunnel entrance.

The property, currently vacant, features 10 dock-high and 14 grade-level loading positions. Terreno plans a substantial renovation including new truck loading configuration, office space, warehouse and exterior lighting, slab repair, and a potential roof raise. The total investment post-renovation is expected to reach $40.2 million, with completion anticipated in 2026 and an estimated stabilized cap rate of 5.5%.

This acquisition aligns with Terreno's strategy of owning industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C.

Terreno Realty Corporation (NYSE:TRNO), a major industrial real estate company operating in six coastal U.S. markets, has secured a new lease agreement in Avenel, New Jersey. The lease covers 81,000 square feet of industrial space and has been signed with a third-party logistics provider. The lease term will begin on June 30, 2025 and extend through November 2030.

Terreno Realty 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), a major industrial real estate operator in six coastal U.S. markets, has secured a significant lease agreement in Redondo Beach, California. The lease covers 103,000 square feet and will be executed with a provider of in-space mobility. The agreement will be implemented in phases between July and October 2025, with a term extending until October 2035.

TRNO 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 Santa Ana, California for $49.5 million. The property features a 134,000-square-foot industrial distribution building situated on 12.1 acres of industrial-zoned land. Located at 3500 West MacArthur Boulevard adjacent to I-405 in Orange County, the facility is currently 100% leased to a major home improvement retailer and includes seven dock-high and three grade-level loading positions. The property has an estimated stabilized cap rate of 5.7%. This acquisition aligns with Terreno's strategy of owning industrial real estate in six major coastal U.S. markets: 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 Long Island City, Queens, New York for $16.0 million. The property features a 36,000-square-foot industrial distribution building on 1.0 acres at 11-40 Borden Avenue, strategically located near the Queens-Midtown Tunnel and Pulaski Bridge entrances. The facility includes two dock-high and one van-level loading positions and is fully leased to an insulation distributor through May 2028. The property's estimated stabilized cap rate is 3.9%, calculated based on annualized cash basis net operating income at market occupancy divided by total acquisition cost. This acquisition aligns with Terreno's focus on industrial real estate in six major coastal U.S. markets: 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 Los Angeles, California for $10.0 million. The property, located at 11100 Hindry Avenue near LAX airport, consists of a 34,000-square-foot industrial flex building on 1.5 acres. The facility features two dock-high and five grade-level loading positions and is currently 100% leased to four tenants with leases expiring by September 2028. The property's estimated stabilized cap rate is 6.4%. This acquisition aligns with Terreno's strategy of owning industrial real estate in six major coastal U.S. markets: Los Angeles, New York City/Northern New Jersey, Miami, San Francisco Bay Area, Seattle, and Washington, D.C.