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 (TRNO) delivers essential updates for stakeholders tracking this industrial REIT's strategic moves in key coastal markets. This centralized resource aggregates official announcements, financial disclosures, and operational developments impacting one of the sector's most geographically focused real estate investors.
Investors and analysts will find timely updates on portfolio acquisitions, leasing activity, and market expansion strategies across TRNO's six target regions. The curated news flow covers earnings releases, dividend declarations, and property transactions while maintaining strict compliance with financial disclosure standards.
Our news monitoring emphasizes TRNO's core operational pillars: industrial property investments, logistics facility management, and strategic asset repositioning. Users can track the REIT's progress in high-barrier coastal markets through verified updates on capital recycling initiatives and occupancy rate trends.
Bookmark this page for direct access to Terreno Realty Corporation's latest regulatory filings, investor presentations, and market positioning updates. Check regularly for insights into how TRNO navigates industrial real estate dynamics through its disciplined acquisition approach and portfolio optimization strategies.
Terreno Realty Corporation (NYSE:TRNO) reported its Q1 2023 performance, emphasizing a quarter-end occupancy of 98.1%, slightly down from 98.6% in Q4 2022 but improved from 96.9% year-over-year. The same-store occupancy was 98.5%, compared to 98.7% last quarter and 97.3% last year. The company achieved a 69.3% increase in cash rents on new and renewed leases and a tenant retention ratio of 54.4%. Notably, Terreno closed $382.6 million in acquisitions and held $62.9 million under contract. Additionally, it completed a stock offering for $359.4 million and issued $22.2 million under its ATM program. As of March 31, 2023, the company had zero borrowings under its $400 million credit facility.