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Stock Market & Financial Investment News

News Breaks
November 27, 2012
16:16 EDTTRNOTerreno Realty sells industrial property in California for $17.0M
Terreno Realty sold an industrial property located in San Bernardino, California on November 27 for a sale price of approximately $17.0M. The property consists of two trans-shipment industrial buildings containing approximately 122,000 square feet. The property is currently 100% leased to one tenant and was sold to an affiliate of Realterm NAT. Terreno Realty Corporation acquired the property in September 2010 for a purchase price of approximately $12.1M.
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April 8, 2014
09:06 EDTTRNOTerreno Realty reports the acquisition or three industrial properties in Q1
During Q1, Terreno Realty acquired three industrial properties consisting of three buildings containing approximately 319K square feet for an aggregate purchase price of approximately $33.8M The first quarter acquisition activity was as follows. The company acquired one industrial building totaling approximately 62K square feet in Renton, Washington. The company acquired one cross-dock industrial building totaling approximately 159K square feet in Hanover, Maryland. The company acquired one industrial building totaling approximately 98K square feet in Bayonne, New Jersey that was acquired for a purchase price of approximately $9.2M. Terreno Realty currently has approximately $21.5M of acquisitions under contract and $26.5M under letter of intent. As of March 31, Terreno Realty owned a total of 99 buildings aggregating approximately 7.1M square feet, which were approximately 93.5% leased to 220 tenants. During the Q1, Terreno Realty filed a prospectus supplement under which it may from time to time sell up to $100M of its common stock through an “at the market” equity offering program. During Q1, Terreno Realty did not issue any shares under its ATM.
April 2, 2014
11:26 EDTTRNOTerreno Realty management to meet with JMP Securities
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