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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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August 25, 2014
09:15 EDTTRNOTerreno Realty acquires building in Auburn, WA for $9.5M
Terreno Realty Corporation acquired an industrial property located in Auburn, Washington on August 22, 2014 for a purchase price of approximately $9.5M. The property consists of one industrial distribution building containing approximately 92,000 square feet on 7.8 acres adjacent to Highway 167 in Kent Valley. The property is at 1307 West Valley Highway North, provides 15 dock-high and seven grade-level loading positions and is 78% leased to five tenants. The estimated stabilized cap rate of the property is 5.6%.

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