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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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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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