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Stock Market & Financial Investment News

News Breaks
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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July 28, 2014
09:15 EDTTRNOTerreno Realty acquires building in Kent, WA, for $2.8M
Terreno Realty Corporation acquired an industrial property located in Kent, Washington on July 25 for a purchase price of approximately $2.8M. The property consists of one industrial distribution building containing approximately 32,000 square feet on 3.8 acres adjacent to Highway 167 in Kent Valley. The property is at 26601-26609 79th Avenue South, provides 10 dock-high and two grade-level loading positions and is 52% leased to one tenant. The estimated stabilized cap rate of the property is 6.6%.

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