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February 12, 2014
09:17 EDTTRNOTerreno Realty acquires building in Renton, WA for $6.6M
Terreno Realty acquired an industrial building containing approximately 62,000 square feet on 4.8 acres in Renton, Washington on February 11 for a purchase price of approximately $6.6M. As part of the acquisition Terreno Realty Corporation assumed a mortgage loan with a total principal amount of approximately $2.8M with a fixed annual interest rate of 5.09%. The mortgage loan has a maturity date of August 2015.
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October 12, 2015
09:18 EDTTRNOTerreno Realty reports 141 buildings owned as of September 30
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09:18 EDTTRNOTerreno Realty reports $29.5M in acquisitions in Q3
Terreno Realty announced its quarterly investment, operating and capital markets activity for the third quarter of 2015. During the third quarter of 2015, Terreno Realty Corporation acquired two industrial properties consisting of eight buildings containing approximately 293,000 square feet for an aggregate purchase price of approximately $29.5M. Year-to-date Terreno Realty Corporation acquired nine industrial properties consisting of 21 buildings containing approximately 1.6M square feet for a purchase price of approximately $195.5M with a weighted average stabilized cap rate of approximately 5.8%. Terreno Realty Corporation has approximately $64.2M of acquisitions under contract and $31.1M under non-binding letters of intent. Terreno Realty Corporation has one property under contract for sale for approximately $11.2M aggregating approximately 85,000 square feet. There is no assurance that Terreno Realty Corporation will acquire or dispose of the properties under contract or letter of intent because the proposed acquisitions and disposition are subject to the completion of satisfactory due diligence, closing conditions and, in the case of letters of intent, contracts.

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