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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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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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