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July 8, 2014
09:16 EDTTRNOTerreno Realty says acquired five industrial properties in Q2 for $46.7M
During Q2, Terreno Realty Corporation acquired five industrial properties consisting of seven buildings containing approximately 401,000 square feet for an aggregate purchase price of approximately $46.7M. As of June 30, 2014, Terreno Realty Corporation owned a total of 106 buildings aggregating approximately 7.5 million square feet, which were approximately 96.4% leased to 227 tenants. The leased percentage was 93.5% at March 31, 2014 and 89.1% at June 30, 2013. The same store portfolio of approximately 4.9 million square feet was 97.9% leased at June 30, 2014 as compared to 95.9% at March 31, 2014 and 93.7% at June 30, 2013.
News For TRNO From The Last 14 Days
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January 26, 2016
09:16 EDTTRNOTerreno Realty acquires Seattle property for $6.5M
Terreno Realty acquired an industrial property located in Seattle, Washington on January 25, 2016 for a purchase price of approximately $6.5M. The property consists of one industrial distribution building containing approximately 35,000 square feet on approximately 1.7 acres adjacent to Seattle's Port and SoDo district. The property is at 4930 3rd Avenue South, provides four dock-high and one grade level loading positions, parking for 37 cars, excess yard and is 100% leased to one tenant. The estimated stabilized cap rate of the property is 6.3%.

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