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 Corporation (NYSE:TRNO) announced an early lease renewal for 68,000 square feet in Washington, D.C. with an educational services provider. The lease commences December 1, 2026 and expires December 2031.
Terreno acquires, owns and operates industrial real estate across six coastal U.S. markets, including Washington, D.C.
Terreno Realty Corporation (NYSE:TRNO) completed development and stabilization of Countyline Corporate Park Phase IV Building 34 in Hialeah, Florida. Building 34 is a 220,000 sq ft rear-load industrial building, 100% leased to three tenants, with total investment of $55.3 million and an estimated stabilized cap rate of 5.7%.
Phase IV is entitled for 2.2 million sq ft across ten LEED-targeted buildings, expected total Phase IV investment of ~$508.5 million, and projected completion in 2027. Combined Phase III and IV will total 3.5 million sq ft.
Terreno Realty Corporation (NYSE:TRNO) executed an early lease renewal and an adjacent new lease in Washington, D.C. The Supreme Court renewed its existing 27,000 sq ft lease (originally expiring 2032) now extended to March 2036.
In addition, the Supreme Court leased an adjacent vacant 29,000 sq ft space; that lease commenced April 1, 2026 and also expires March 2036.
Terreno operates industrial real estate across six coastal U.S. markets, including Washington, D.C.
Terreno Realty Corporation (NYSE:TRNO) reported Q1 2026 operating, investment and capital markets activity. Key highlights include 96.3% portfolio occupancy, 97.6% same-store occupancy, 22.4% increase in cash rents on new/renewed leases, $101.8M acquisitions, $55.1M dispositions, issuance of 2,081,288 shares under ATM for $135.0M gross proceeds, and a new $200M five-year term loan.
Terreno owned 310 buildings (~19.9M sq ft), 46 improved land parcels (~147 acres), and has ~$323.8M expected investment in five developments ~71.5% pre-leased.
Terreno Realty Corporation (NYSE:TRNO) sold a 99,000 square foot industrial distribution property in Torrance, California on April 7, 2026 for approximately $31.1 million. The asset sits on 4.7 acres and was 100% leased at sale.
Terreno acquired the property on January 31, 2018 for $17.5 million; the unleveraged internal rate of return on the investment was 10.3%. Terreno operates industrial real estate across six major U.S. coastal markets.
Terreno Realty Corporation (NYSE:TRNO) announced a 220,000 sq ft pre-lease at Countyline Corporate Park Phase IV Building 35 in Hialeah, Florida, commencing at building completion and tenant build-out expected in Q4 2026 and expiring July 2032.
Building 35 is the final of ten Phase IV buildings, under construction with an expected investment of $51.3 million and an estimated stabilized cap rate of 6.0%. Phase IV totals ~2.2 million sq ft and an expected investment of $508.5 million; combined Phase III and IV will total ~3.5 million sq ft.
Terreno Realty Corporation (NYSE:TRNO) executed an early lease renewal for a 3.5-acre improved land parcel in Newark, New Jersey, extending the lease from an original expiry of August 2027 to a new expiry of February 2036.
The tenant is a leading national full-service equipment rental firm, locking in long-term occupancy in the New York City/Northern New Jersey industrial market.
Terreno Realty Corporation (NYSE:TRNO) sold an industrial property in Gardena, California on March 18, 2026 for approximately $44.0 million. The asset comprises two industrial distribution buildings totaling 231,000 square feet on 11.1 acres and was under redevelopment at time of sale.
Terreno purchased the property on December 15, 2017 for $37.6 million; the unleveraged internal rate of return on the investment was 6.3%. Terreno focuses on industrial real estate in six major U.S. coastal markets.
Terreno Realty Corporation (NYSE:TRNO) executed an 88,000 square foot lease at Countyline Corporate Park Building 25 in Hialeah, Florida with a provider of export and reverse logistics. The lease commences July 1, 2026 and expires December 2031. To facilitate the new agreement, Terreno negotiated an early termination with the existing tenant whose lease was to expire August 31, 2026. Terreno acquires, owns, and operates industrial real estate across six major U.S. coastal markets, including Miami.
Terreno Realty Corporation (NYSE:TRNO) sold a 56,000 sq ft light industrial property in Lanham, Maryland on March 6, 2026 for approximately $11.1 million. The asset sits on 4.5 acres and was 100% leased at sale.
Terreno acquired the property on December 11, 2013 for $5.6 million, producing an unleveraged internal rate of return of 10.8%.