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) has successfully sold an industrial property in Tukwila, Washington for $9.5 million. The property, a 2.1-acre fully leased improved land parcel, was originally purchased in December 2020 for $6.6 million.
The investment generated an unleveraged internal rate of return of 10.3%. Terreno Realty Corporation operates in six major coastal U.S. 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 successfully sold a portfolio of industrial properties in Doral, Florida for $82.3 million. The portfolio, which was originally purchased in 2013 for $23.7 million, consists of six buildings spanning 302,000 square feet on 14.6 acres and is currently 91% leased to 21 tenants.
The investment generated an impressive unleveraged internal rate of return of 14.7%. TRNO continues to operate industrial real estate across six major coastal U.S. 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), a major coastal industrial real estate operator, reported strong Q2 2025 performance with 97.7% quarter-end occupancy, up from 96.6% in Q1 and 96.0% year-over-year. The company achieved a 22.6% increase in cash rents on new and renewed leases during Q2, with year-to-date increases of 26.8%.
Investment activity included $123.5 million in acquisitions of six industrial properties totaling 305,000 square feet, and $114.5 million in dispositions of two properties. The company has $445.3 million of acquisitions and $240.8 million of dispositions under contract or letter of intent. Notable developments include six properties under development/redevelopment with a total expected investment of $436.4 million.
Terreno Realty Corporation (NYSE:TRNO), a major industrial real estate operator in six coastal U.S. markets, has secured two significant lease agreements in Santa Clara, California, with an eVTOL aircraft designer and developer. The agreements include a 35,000 square foot renewal lease starting September 2025 and a 30,000 square foot expansion lease beginning August 2025, both extending through August 2028.
The company's portfolio spans 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 Long Island City, Queens, New York for $31.1 million. The strategic acquisition includes a 48,000-square-foot industrial distribution building situated on 2.2 acres at 49-10 27th Street, adjacent to the Queens-Midtown Tunnel entrance.
The property, currently vacant, features 10 dock-high and 14 grade-level loading positions. Terreno plans a substantial renovation including new truck loading configuration, office space, warehouse and exterior lighting, slab repair, and a potential roof raise. The total investment post-renovation is expected to reach $40.2 million, with completion anticipated in 2026 and an estimated stabilized cap rate of 5.5%.
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), a major industrial real estate company operating in six coastal U.S. markets, has secured a new lease agreement in Avenel, New Jersey. The lease covers 81,000 square feet of industrial space and has been signed with a third-party logistics provider. The lease term will begin on June 30, 2025 and extend through November 2030.
Terreno Realty 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), 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.