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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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April 24, 2015
09:16 EDTTRNOTerreno Realty acquires building in Tukwila, WA for $3.2M
Terreno Realty Corporation acquired an industrial property located in Tukwila, Washington on April 23, 2015 for a purchase price of approximately $3.2M. The property consists of one industrial distribution building containing approximately 34,000 square feet on approximately 2.0 acres in the northern Kent Valley. The property is at 18370-18380 Olympic Avenue South, provides eight dock-high loading positions, parking for 37 cars and is 100% leased to one tenant. The estimated stabilized cap rate of the property is 5.0%.
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%.

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