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Terreno Realty Corp - TRNO STOCK NEWS

Welcome to our dedicated news page for Terreno Realty (Ticker: TRNO), a resource for investors and traders seeking the latest updates and insights on Terreno Realty.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Terreno Realty's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Terreno Realty's position in the market.

Rhea-AI Summary
Terreno Realty (TRNO) recently acquired an industrial property in Alexandria, VA for $84.3 million. The property consists of four buildings with 357,000 square feet on 19.1 acres, leased to 21 tenants with a 5.3% estimated stabilized cap rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.78%
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Rhea-AI Summary
Terreno Realty (TRNO) announces the commencement of construction of a 162,000 square foot industrial distribution building in Florida, pre-leased to a national tire distributor. The project is part of Countyline Corporate Park Phase IV, with an estimated investment of $42.1 million and a stabilized cap rate of 6.0%. The entire project is expected to consist of 17 buildings totaling 3.5 million square feet and an investment of approximately $511.5 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
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none
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Rhea-AI Summary
Terreno Realty (TRNO) reported a 96.2% quarter-end occupancy, a 47.2% increase in cash rents, and $18.5 million in acquisitions for the first quarter of 2024. They commenced two developments and completed a stock offering for gross proceeds of $392.2 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.86%
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none
Rhea-AI Summary
Terreno Realty (TRNO) sells an industrial property in Seattle for $11.0 million, generating a 16.5% unleveraged internal rate of return. The property consists of a 25,000 square foot industrial distribution building on 1.5 acres leased to one tenant.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.48%
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none
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Rhea-AI Summary
Terreno Realty (TRNO) announces the pricing of a public offering of 5,500,000 shares of its common stock at $62.00 per share, with an option for underwriters to purchase an additional 825,000 shares. The Company plans to use the proceeds for acquisitions, including a portfolio of industrial properties in key U.S. markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
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Rhea-AI Summary
Terreno Realty (NYSE: TRNO) announces an offering of 5,000,000 shares of common stock to fund future acquisitions and general corporate purposes. The underwriters have an option to purchase an additional 750,000 shares. The company plans to use the proceeds for acquiring a portfolio of industrial properties in key U.S. markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
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none
Rhea-AI Summary
Terreno Realty (TRNO) acquired an industrial property in Brooklyn, NY for $12.0 million, featuring a 24,000 sq ft building. The property, located at 181 Lombardy Street, offers convenient access and parking. TRNO focuses on industrial real estate in major U.S. markets with a 5.7% estimated stabilized cap rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
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Rhea-AI Summary
Terreno Realty Corporation (TRNO) has started construction on Countyline Corporate Park Phase IV buildings 32 and 33 in Hialeah, Florida, with an expected investment of $79.1 million. The project aims to create LEED-certified industrial distribution buildings totaling approximately 2.2 million square feet by 2027.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
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none
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Rhea-AI Summary
Terreno Realty Corporation (TRNO) has declared a cash dividend of $0.45 per common share for the quarter ending March 31, 2024. The dividend will be payable on April 5, 2024, to common stockholders of record at the close of business on March 28, 2024. The company also filed its annual report on Form 10-K for the year ended December 31, 2023, with the U.S. Securities and Exchange Commission.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.5%
Tags
dividends
Rhea-AI Summary
Terreno Realty Corporation (NYSE:TRNO) announced the income tax treatment of its 2023 dividend distributions to holders of its common stock. The 2023 distribution of $1.65 per share includes a portion of one quarterly distribution declared in 2022 and paid in 2023, three quarterly distributions declared and paid in 2023, and a portion of one quarterly distribution declared in 2023 and paid in 2024. The distribution characteristics are detailed, including record dates, dates paid, and various dividend components. Terreno Realty Corporation acquires, owns, and operates industrial real estate in six major coastal U.S. markets. Approximately $0.13 of the $0.45 distribution declared on October 31, 2023, and paid on January 5, 2024, will be considered a distribution made in 2023 for U.S. federal income tax purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.81%
Tags
dividends
Terreno Realty Corp

NYSE:TRNO

TRNO Rankings

TRNO Stock Data

5.87B
86.23M
1.99%
98.46%
1.68%
Offices of Real Estate Agents and Brokers
Real Estate and Rental and Leasing
Link
MASSACHUSETTS
Bellevue

About TRNO

terreno realty corporation and together with its subsidiaries, the â“companyâ”) 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. all square feet, acres, occupancy and number of properties disclosed in these condensed notes to the consolidated financial statements are unaudited. as of september 30, 2020, the company owned 219 buildings aggregating approximately 13.1 million square feet, 22 improved land parcels consisting of approximately 85.0 acres and one property under redevelopment expected to contain approximately 0.2 million square feet upon completion. the company is an internally managed maryland corporation and elected to be taxed as a real estate investment trust (â“reitâ”) under sections 856 through 860 of the internal revenue code of 1986, as amended (the â“codeâ”), commencing with its taxable year ended december 31, 2010.