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Stock Market & Financial Investment News

News Breaks
January 9, 2014
09:20 EDTTRNOTerreno Realty reports Q4 acquisitions of $99.6M
During Q4, Terreno Realty Corporation acquired eight industrial properties consisting of 12 buildings containing approximately 680K square feet and one parcel of land for expanding an existing building for an aggregate purchase price of approximately $99.6M. The company sold one property in New Jersey for $19.0M. Quarter end occupancy of 92.8% compares to prior quarter of 88.6% and prior year of 93.3%. During 2013, Terreno acquired 18 industrial properties consisting of 30 buildings containing approximately 1.9M square feet and one parcel of land for expanding an existing building for an aggregate purchase price of approximately $210.5M.
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