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February 25, 2014
09:21 EDTTRNOTerreno Realty announces lease extension
Terreno Realty Corporation announced a lease extension at its industrial property at 2475-2477 Manhattan Beach Boulevard in Redondo Beach, California. The tenant for 100% of the property exercised an option to extend its lease of 103,200 square feet by two years. The lease will now expire December 2016.
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April 17, 2015
09:16 EDTTRNOTerreno Realty acquires building in Kent, WA, for $11.2M
Terreno Realty Corporation acquired an industrial property located in Kent, Washington on April 16, 2015 for a purchase price of approximately $11.2M. The property consists of one industrial distribution building containing approximately 115,000 square feet on approximately 6.3 acres in the northern Kent Valley. The property is at 8420 South 190th Street, provides 14 dock-high and two grade-level loading positions, parking for 62 cars and is 100% leased to two tenants. The estimated stabilized cap rate of the property is 5.2%.
April 10, 2015
06:31 EDTTRNOTerreno Realty initiated with a Buy at DA Davidson
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April 8, 2015
09:17 EDTTRNOTerreno Realty announces $151.6M of acquisitions in Q1
Terreno Realty announced its quarterly investment, operating and capital markets activity for Q1. During Q1, Terreno acquired five industrial properties consisting of 11 buildings containing approximately 1.2 million square feet for an aggregate purchase price of approximately $151.6M. The company currently has approximately $73.3M of acquisitions under contract and $6.8M under letter of intent. In addition, Terreno Realty Corporation has two properties under contract for sale for approximately $24.6M aggregating approximately 225,000 square feet. As of March 31, 2015, Terreno Realty Corporation owned a total of 137 buildings aggregating approximately 10.4 million square feet, which were approximately 92.0% leased to 315 tenants. During the first quarter of 2015, Terreno Realty Corporation issued no shares of stock under the Company’s at-the-market equity offering program.

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