Terreno Realty Corporation reports recurring developments as an industrial real estate REIT that acquires, owns and operates properties in New York City/Northern New Jersey, Los Angeles, Miami, the San Francisco Bay Area, Seattle and Washington, D.C. Its updates focus on leasing activity, early renewals, occupancy, acquisitions, dispositions, development completions and capital markets activity across warehouse, distribution, transshipment, flex and improved-land assets.
Company announcements also cover quarterly dividends, Form 10-Q financial statements and supplemental operating information. Property-level releases often describe square footage, acreage, loading configuration, tenant use and project status, including industrial distribution buildings at Countyline Corporate Park in Hialeah, Florida.
Terreno Realty (TRNO) sold an industrial property in Fairfield, New Jersey, for approximately $8.8 million on September 25, 2026.
The vacant property comprises a 31,000-square-foot distribution building on 2.2 acres. Terreno bought it for $2.8 million on July 23, 2013. The investment generated an 11.9% unleveraged internal rate of return.
Terreno Realty Corporation (TRNO) has executed early lease renewals in Sunnyvale, California with a leading provider of molecular diagnostic testing. The renewed leases cover three industrial buildings totaling 172,000 square feet, extending their expiration from March 2030 to March 2035, which lengthens the company’s contracted occupancy in this asset cluster.
Terreno focuses on acquiring, owning and operating industrial real estate in six major U.S. coastal markets, including New York City/Northern New Jersey, Los Angeles, Miami, the San Francisco Bay Area, Seattle and Washington, D.C.
Terreno Realty Corporation (NYSE:TRNO) sold an industrial property in Miami, Florida on August 26, 2026 for approximately $21.3 million. According to Terreno Realty Corporation, the asset is a 113,000-square-foot industrial distribution building on 3.4 acres, 100% leased to a single tenant.
The company originally acquired the property on September 25, 2012 for $8.9 million. Terreno reported that the investment generated an unleveraged internal rate of return of 11.1%. The company focuses on acquiring, owning and operating industrial real estate in six major U.S. coastal markets, including Miami.
Terreno Realty Corporation (NYSE:TRNO) acquired an industrial property in Redmond, Washington, on August 19, 2026, for approximately $8.0 million. The asset comprises a single industrial distribution building with about 21,000 square feet on 1.5 acres at 9680 153rd Avenue NE on Seattle’s Eastside.
The property is immediately adjacent to Terreno Realty’s existing asset at 9660 153rd Avenue NE, offering potential operational and leasing synergies. It provides five grade-level loading positions and parking for 56 cars. The building is currently vacant; the estimated stabilized cap rate is 5.9%, based on annualized cash-basis net operating income at market occupancy (generally 95%) divided by total acquisition cost, which includes purchase price, due diligence and closing costs, debt mark-to-market effects, and estimated near-term capital expenditures and leasing costs required for stabilization.
Terreno Realty (NYSE:TRNO) acquired an industrial property in Red Hook, Brooklyn, New York, on August 13, 2026, for approximately $26.3 million. According to Terreno Realty, the asset at 659 Court Street consists of a single industrial distribution building with about 28,000 square feet on 1.5 acres, featuring two grade-level loading positions and parking for 70 cars, plus riparian access.
The property is 100% leased to a maritime goods and services provider. Terreno Realty reports an estimated stabilized capitalization rate of 5.2%, calculated as annualized cash-basis net operating income at market occupancy (generally 95%) divided by total acquisition cost, including purchase price, debt mark-to-market, due diligence, closing costs, and near-term capital and leasing expenditures.
Terreno Realty Corporation (NYSE:TRNO) acquired an industrial property in Torrance, California on August 7, 2026 for approximately $14.7 million. The asset comprises a 36,000-square-foot industrial distribution building on 1.7 acres at 20701 Manhattan Place, west of I-405, with six dock-high and two grade-level loading positions and 87 parking spaces.
The building is currently 100% leased to a single tenant through November 30, 2026. Terreno has executed a new lease for 100% of the building with a builder of floating sensors for autonomous maritime drones, commencing December 1, 2026 and expiring February 2030. The estimated stabilized cap rate for the investment is 6.0%, calculated as annualized cash-basis net operating income at market occupancy (generally 95%) divided by total acquisition cost, including purchase price, debt mark-to-market, due diligence and closing costs, and near-term capital and leasing costs.
Terreno Realty Corporation (NYSE: TRNO) declared a regular quarterly cash dividend of $0.57 per common share for the quarter ending September 30, 2026, a 9.6% increase over the prior level. The dividend is payable on October 9, 2026 to shareholders of record on September 30, 2026.
The company also filed its Form 10-Q for the quarter ended June 30, 2026 with the SEC, with financial statements and supplemental information available in the Investors & Media section of its website.
Terreno Realty Corporation (NYSE:TRNO) announced the execution of two lease expansions and a lease extension totaling 87,000 square feet in Woodinville, Washington with a tenant described as a designer and builder of data centers in space.
The expansions cover 37,000 square feet commencing October 1, 2027 and 23,000 square feet commencing October 1, 2026, each beginning immediately upon expiration of existing tenant leases. Both new expansion leases will run through December 2031. In addition, the tenant’s current 27,000-square-foot lease, previously set to expire in July 2031, has been extended to December 2031, aligning all leased space to the same end date.
Terreno Realty (NYSE:TRNO) has executed a full-property lease for an 81,000-square-foot industrial building with two floors of indoor parking on 4.0 acres in College Point, Queens, New York, with a leading e-commerce tenant. The lease began on July 24, 2026 and runs through July 2029, with four renewal options: one for ten years and three for five years each. The tenant may terminate in certain circumstances during the initial three-year term with six months’ notice. According to Terreno Realty, total expected investment in the property is $98.8 million and the estimated stabilized cap rate is 6.4%, based on annualized cash net operating income at market occupancy divided by total acquisition cost.
Terreno Realty (NYSE:TRNO) has executed two early lease renewals and an expansion totaling 244,000 square feet across two industrial buildings in Carson, California with a global freight forwarding tenant. The renewals cover a partial building lease of 146,000 square feet and a full building lease of 34,000 square feet, while a 64,000 square foot partial building lease represents expansion space.
The expansion results in one building becoming 100% leased to a single tenant and immediately backfills an expiring lease. The combined lease term is scheduled to commence on September 15, 2026 and expire in September 2031, supporting long-term occupancy in Terreno Realty’s Los Angeles market portfolio.