Terreno Realty (TRNO) Stock News

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.

Terreno Realty Corporation (NYSE:TRNO) has sold an industrial property in Commerce, California for $97.0 million. The property, which consists of five multi-tenant industrial buildings spanning approximately 545,000 square feet on 24.0 acres, was 99% leased to 12 tenants at the time of sale. The company had originally purchased the property on May 30, 2012, for $52.4 million, generating an unleveraged internal rate of return of 9.5% over the investment period.

Terreno Realty Corporation specializes in acquiring, owning, and operating industrial real estate across 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 sold an industrial property in Bellevue, Washington for $17.5 million on May 22, 2025. The property, consisting of one industrial flex building spanning approximately 39,000 square feet on 2.1 acres, was originally purchased by Terreno for $11.7 million in November 2020. The vacant property generated an unleveraged internal rate of return of 11.1%.

Terreno Realty Corporation specializes in acquiring, owning, and operating industrial real estate across 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 signed a new lease agreement for a 3.0-acre improved land parcel in Rancho Dominguez, California. The tenant is a provider of environmental and regulated waste management services. The lease commenced on May 20, 2025 and will run through May 2028.

Terreno Realty Corporation specializes in acquiring, owning, and operating industrial real estate across 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 announced a lease renewal with the United States Postal Service for a 53,000 square foot facility in Washington, D.C. The renewed lease will commence on June 1, 2025 and run through June 2030, representing a 5-year extension.

Terreno Realty Corporation is a real estate company that specializes in acquiring, owning, and operating industrial properties across 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 secured a new lease agreement for a 70,000 square foot facility in Woodinville, Washington. The tenant, a designer and manufacturer of camera movement systems and stabilizers for unmanned aerial cinematography and remote controlled vehicles, will occupy the space from June 30, 2025 to November 2030. Terreno Realty Corporation specializes in acquiring, owning, and operating industrial real estate across six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C.