Welcome to our dedicated page for Terreno Realty news (Ticker: TRNO), a resource for investors and traders seeking the latest updates and insights on Terreno Realty stock.
Terreno Realty Corporation (NYSE: TRNO) generates a steady flow of news through its activity as an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets. Company announcements highlight transactions and developments across New York City/Northern New Jersey, Los Angeles, Miami, the San Francisco Bay Area, Seattle and Washington, D.C.
News coverage for Terreno often focuses on operating performance and leasing. Regular updates describe portfolio occupancy, same-store occupancy, improved land leasing, cash rent changes on new and renewed leases, and tenant retention ratios. Press releases also detail notable lease signings and renewals, such as agreements with logistics providers, manufacturers, government agencies and other industrial users in markets like Newark, Hialeah, Doral, Woodinville and Washington, D.C.
Another major category of news involves acquisitions, dispositions and development. Terreno reports on purchases of industrial distribution buildings and improved land parcels, including property size, location, loading configurations, parking, purchase price and estimated stabilized capitalization rates. Disposition announcements describe sales of industrial properties and the unleveraged internal rates of return achieved over the holding period. Development and redevelopment updates cover new construction starts, project scale, expected total investment, targeted LEED certification and pre-leasing status, including large multi-building initiatives such as Countyline Corporate Park Phase IV in Hialeah, Florida.
Terreno’s news flow also includes capital markets and financing activity. Examples include issuing common stock under an at-the-market equity offering program and entering into amendments to its senior credit facility, such as adding a new term loan and adjusting borrowing terms. By following TRNO news, readers can track how the company is expanding and repositioning its industrial portfolio, managing occupancy and rents, and arranging capital to support its real estate strategy across key coastal U.S. logistics markets.
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.
Terreno Realty Corporation (NYSE:TRNO) executed a lease for 226,000 sq ft in Newark, California with an original design manufacturer of cloud computing hardware, effective November 1, 2025 and expiring May 2036.
Terreno terminated the prior in-place lease effective October 31, 2025 and received an early termination payment of approximately $13.5 million. The company expects to record a net revenue increase of approximately $4.4 million for the three months ended December 31, 2025 from the write-off of the below-market lease and straight-line rent related to the early termination.
Terreno Realty Corporation (NYSE:TRNO) acquired an industrial property at 250 South Maple Avenue, South San Francisco, CA on October 15, 2025 for approximately $5.6 million. The site includes an ~18,000 sq ft industrial distribution building and a 0.2-acre improved land parcel on 1.0 acre. The building is 73% leased to four tenants; the land parcel is 100% leased. All leases expire by June 2028. Terreno estimates a stabilized cap rate of 6.3% (stabilized to ~95% market occupancy).
Terreno Realty Corporation (NYSE:TRNO) reported third-quarter 2025 operating, investment and capital markets activity. As of September 30, 2025, the company owned 307 buildings (≈20.2M SF) and 44 improved land parcels (≈146.4 acres) leased to 676 customers.
Key metrics: 96.2% operating occupancy (vs 97.7% prior quarter), 98.6% same-store occupancy, 17.2% increase in cash rents on new/renewed Q3 leases and 23.8% YTD. Q3 acquisitions totaled $472.6M (Q3 purchases include a $426.9M multi-market portfolio); YTD acquisitions $596.1M. Q3 dispositions were $102.8M; YTD dispositions $386.4M. Began one development (expected investment $54.1M) and completed one (investment $39.9M).
Capital markets: YTD ATM issuance 3,506,371 shares for gross proceeds $237.4M; no ATM shares issued in Q3. Revolving credit balance ≈$280M; no 2025 maturities and $50M due in 2026.
Terreno Realty Corporation (NYSE:TRNO) sold a 603,000 sq ft industrial distribution property in South Brunswick, New Jersey on October 6, 2025 for approximately $144.2 million. The 35.5-acre site was 100% leased at sale.
Terreno originally bought 413,000 sq ft on the site on September 29, 2010 for $22.5 million and in 2013 expanded the building by 190,000 sq ft with an additional investment of $13.6 million. The company reported an unleveraged IRR of 13.4% on the investment.
Terreno Realty Corporation (NYSE:TRNO) has begun construction of Building 36 at Countyline Corporate Park Phase IV in Hialeah, Florida. The 214,000 square foot industrial distribution building is already 51% pre-leased to an international logistics company with a lease running through June 2037.
The building, part of a larger 121-acre development project, represents a $54.1 million investment with an estimated stabilized cap rate of 5.8%. The complete Countyline Corporate Park Phase IV project will feature 10 LEED-certified buildings totaling 2.2 million square feet with a total investment of approximately $511.5 million, expected to be completed in 2027.
Terreno Realty Corporation (NYSE:TRNO) has fully leased its Countyline Corporate Park Phase IV Building 34 in Hialeah, Florida. The 220,000 square foot industrial distribution building secured three major tenants: a cruise ship industry supplier (153,000 sq ft), a white-glove delivery service provider (35,000 sq ft), and a global automotive refinish systems manufacturer (32,000 sq ft).
Building 34, representing a $55.2 million investment with an estimated 5.7% stabilized cap rate, is expected to achieve LEED certification. The building's stabilization in Q1 2026 will bring Phase IV to 80% completion, with eight buildings totaling 1.8 million square feet fully leased. Upon full completion in 2027, Phases III and IV combined will comprise 17 buildings spanning 3.5 million square feet.
Terreno Realty Corporation (NYSE:TRNO), an industrial real estate company operating in six major coastal U.S. markets, has secured a significant lease renewal in Lynwood, California. The agreement covers a 4.9-acre land parcel with a rail transshipment facility, leased to a liquid food product distributor.
The lease will commence on January 1, 2026, and run through December 2037, representing a long-term commitment of approximately 12 years. The property is part of TRNO's portfolio, which spans major 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 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.