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Stock Market & Financial Investment News

News Breaks
April 23, 2014
09:16 EDTTRNOTerreno Realty acquires California building for $3.5M
Terreno Realty acquired an industrial property located in Inglewood, California on April 22 for a purchase price of approximately $3.5M. The property consists of one industrial distribution building containing approximately 19K square feet on 0.9 acres approximately one mile north of Los Angeles International Airport. The property is 94% leased to two tenants. The estimated stabilized cap rate of the property is 4.8%. The total acquisition cost includes the initial purchase price, the effects of marking assumed debt to market, buyer’s due diligence and closing costs, estimated near-term capital expenditures and leasing costs necessary to achieve stabilization.
News For TRNO From The Last 14 Days
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November 20, 2014
09:15 EDTTRNOTerreno Realty acquires building in Medley, FL for $8.9M
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November 18, 2014
09:15 EDTTRNOTerreno Realty acquires building in Annapolis Junction, MD for $13.8M
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November 10, 2014
09:16 EDTTRNOTerreno Realty announces lease extension in South Brunswick, NJ
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