US Market News
3日前
Terreno Realty Corporation Announces Lease in Kent, WAJune 9, 2026 9:15 AM
Business Wire Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed an early lease renewal for 107,000 square feet in Kent, Washington with a provider of flooring products and services. The lease will commence May 1, 2027 and expire July 2032. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C. Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends. View source version on businesswire.com: https://www.businesswire.com/news/home/20260528006516/en/ Jaime Cannon
415-655-4580 Original: Terreno Realty Corporation Announces Lease in Kent, WA
US Market News
4日前
Terreno Realty Corporation Announces Lease in Elizabeth, NJJune 8, 2026 9:15 AM
Business Wire Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed a pre-lease for a 4.6-acre improved land parcel in Elizabeth, New Jersey with a truck sale and lease operator. The lease will commence November 1, 2026 immediately upon expiration of an existing tenant lease and will expire January 2034. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C. Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends. View source version on businesswire.com: https://www.businesswire.com/news/home/20260604009199/en/ Jaime Cannon
415-655-4580 Original: Terreno Realty Corporation Announces Lease in Elizabeth, NJ
US Market News
7日前
Terreno Realty Corporation Acquires Property in San Francisco, CA for $25.9 MillionJune 5, 2026 9:15 AM
Business Wire Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in San Francisco, California on June 4, 2026 for a purchase price of approximately $25.9 million. The property consists of one industrial distribution building containing approximately 65,000 square on 3.8 acres. The property is at 201-395 Mendell Street, in San Francisco’s India Basin neighborhood, and provides 17 dock-high and 10 grade-level loading positions and parking for 95 cars. The building is 100% leased to four tenants all of which expire by May 2031. The estimated stabilized cap rate is 5.5%. Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy (generally 95%) divided by total acquisition cost. 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. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle and Washington, D.C. Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates, and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends. View source version on businesswire.com: https://www.businesswire.com/news/home/20260528334649/en/ Jaime Cannon
415-655-4580 Original: Terreno Realty Corporation Acquires Property in San Francisco, CA for $25.9 Million
US Market News
1月前
Terreno Realty Corporation Declares Quarterly Dividend and Files First Quarter 2026 Financial StatementsMay 6, 2026 4:10 PM
Business Wire Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending June 30, 2026 of $0.52 per common share. The dividend will be payable on July 10, 2026 to common stockholders of record at the close of business on June 26, 2026. Terreno Realty Corporation filed its quarterly report on Form 10-Q for the quarter ended March 31, 2026 with the U.S. Securities and Exchange Commission. The financial statements and supplemental financial information are available in the Investors & Media section of Terreno Realty Corporation’s website, www.terreno.com. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle and Washington, D.C. Additional information about Terreno Realty Corporation is available on the company’s website at www.terreno.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates, and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends. View source version on businesswire.com: https://www.businesswire.com/news/home/20260505017346/en/ Jaime Cannon
415-655-4580 Original: Terreno Realty Corporation Declares Quarterly Dividend and Files First Quarter 2026 Financial Statements
US Market News
2月前
Terreno Realty Corporation Announces Lease in Hayward, CAApril 20, 2026 9:15 AM
Business Wire
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed a lease for a transshipment facility on 10.2 acres in Hayward, California with a fully autonomous all-electric ride-hailing provider. The lease commenced March 13, 2026 and will expire March 2031.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260417857801/en/
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Announces Lease in Hayward, CA
US Market News
2月前
Terreno Realty Corporation Announces Lease in Washington, D.C.April 17, 2026 9:15 AM
Business Wire
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed an early lease renewal for 68,000 square feet in Washington, D.C. with a provider of educational services. The lease will commence December 1, 2026 and expire December 2031.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260415622068/en/
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Announces Lease in Washington, D.C.
US Market News
2月前
Terreno Realty Corporation Announces Development Completion in Hialeah, FLApril 13, 2026 9:15 AM
Business Wire
– Countyline Corporate Park Phase IV Building 34 100% leased
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has completed the development and stabilization of Countyline Corporate Park Phase IV Building 34 in Hialeah, Florida. Building 34 is 100% leased to three tenants. Building 34 of Terreno Realty Corporation’s Countyline Corporate Park is a 220,000 square foot 36-foot clear height rear-load industrial distribution building on 13.0 acres with 76 dock-high and two grade-level loading positions and parking for 188 cars. The building is expected to achieve LEED certification, the total investment is $55.3 million and the estimated stabilized cap rate is 5.7%.
Countyline Corporate Park Phase IV consists of a 121-acre project entitled for 2.2 million square feet of industrial distribution buildings in Miami’s Countyline Corporate Park (“Countyline”), immediately adjacent to Terreno Realty Corporation’s seven buildings within Countyline (Countyline Corporate Park Phase III). Countyline is a landfill redevelopment adjacent to Florida’s Turnpike and the southern terminus of I-75 located at the intersection of NW 170th Street and NW 107th Avenue. At expected completion in 2027, Countyline Phase IV is expected to contain ten LEED-certified industrial distribution buildings totaling approximately 2.2 million square feet providing 660 dock-high and 22 grade-level loading positions and parking for 1,875 cars for a total expected investment of approximately $508.5 million.
Taken together, Terreno Realty Corporation’s Countyline Corporate Park Phase III and IV will contain 17 industrial distribution buildings and 3.5 million square feet.
Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy (generally 95%) divided by total acquisition cost. 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.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260410533680/en/
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Announces Development Completion in Hialeah, FL
US Market News
2月前
Terreno Realty Corporation Announces Leases in Washington, D.C.April 9, 2026 9:15 AM
Business Wire
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed an early lease renewal for 27,000 square feet in Washington, D.C. with the Supreme Court of the United States. The lease, which was to expire in 2032, will now expire March 2036. In addition, the Supreme Court has leased an adjacent vacant 29,000 square feet. The lease of the currently vacant space commenced April 1, 2026 and will expire March 2036.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260331796142/en/
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Announces Leases in Washington, D.C.
US Market News
2月前
Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets ActivityApril 8, 2026 4:05 PM
Business Wire
96.3% quarter-end occupancy compared to prior quarter of 96.1% and prior year of 96.6%
97.6% quarter-end same-store occupancy compared to prior quarter of 97.6% and prior year of 96.4%
22.4% increase in cash rents on new and renewed leases and tenant retention ratio of 72.6%
$101.8 million of acquisitions
$24.4 million of acquisitions under contract or letter of intent
$55.1 million of dispositions; $86.2 million year-to-date
$12.8 million of dispositions under contract
Completed the development and stabilization of one property with a total expected investment of $43.4 million
Issued 2,081,288 shares of common stock at $64.85 per share under ATM for gross proceeds of $135.0 million
Obtained a new $200 million five-year unsecured term loan
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today its operating, investment and capital markets activity for the first quarter of 2026.
Operating
As of March 31, 2026, Terreno Realty Corporation owned 310 buildings aggregating approximately 19.9 million square feet and 46 improved land parcels consisting of approximately 147.0 acres leased to 681 customers:
The operating portfolio was 96.3% leased at March 31, 2026 as compared to 96.1% at December 31, 2025 and 96.6% at March 31, 2025. Vacancy at both March 31, 2026 and December 31, 2025 included 205,000 square feet (approximately 100bps) of vacancy at Countyline Corporate Park Building 30 in Hialeah, Florida which is 100% pre-leased with leases expected to commence in the second quarter of 2026;
The same-store portfolio of approximately 17.5 million square feet was 97.6% leased at March 31, 2026 as compared to 97.6% at December 31, 2025 and 96.4% at March 31, 2025;
The improved land portfolio of 46 parcels totaling approximately 147.0 acres was 96.6% leased at March 31, 2026 as compared to 95.4% at December 31, 2025 and 95.1% at March 31, 2025;
Cash rents on new and renewed leases totaling approximately 0.7 million square feet and 7.2 acres of improved land commencing during the first quarter increased approximately 22.4% with a tenant retention ratio of 72.6% for the operating portfolio and 45.8% for the improved land portfolio;
Executed a lease for 66,000 square feet in Rancho Dominguez, California with a manufacturer and distributor of laboratory reagents, stains and disinfectants. The lease will commence June 1, 2026, immediately after the current lease expires, and will expire September 2036;
Executed three full-building leases totaling 145,000 square feet in Redondo Beach, California with a domestic energy company. The leases commence March 1, 2026 for 45,000 square feet, June 1, 2026 for 51,000 square feet and March 1, 2027 for 49,000 square feet, all immediately upon expiration or termination of existing leases. The three leases will expire December 2031. To facilitate the new leases, Terreno Realty Corporation terminated effective February 28, 2026 an in-place lease for 45,000 square feet that was to expire April 30, 2026;
Executed an early lease renewal for a 2.8-acre improved land parcel in Gardena, California with a provider of container drayage services. The lease, which was to expire in May 2026, will now expire August 2029. In addition, the tenant has leased an immediately adjacent 2.3-acre improved land parcel which commenced April 1, 2026 upon termination of the existing tenant lease and will expire August 2029;
Executed a lease for 88,000 square feet in Countyline Corporate Park Building 25 in Hialeah, Florida with a provider of export and reverse logistics. The lease commences July 1, 2026 and will expire December 2031. In order to facilitate the new lease Terreno Realty Corporation negotiated an early termination with the existing tenant whose lease was to expire August 31, 2026;
Executed an early lease renewal for a 3.5-acre improved land parcel in Newark, New Jersey with a leading national full-service equipment rental firm. The lease, which was to expire August 2027, will expire February 2036; and
Pre-leased 220,000 square feet in Countyline Corporate Park Phase IV Building 35 in Hialeah, Florida to a national tire distributor commencing with building completion and tenant build-out, expected to be in the fourth quarter of 2026, and expiring July 2032. Building 35, the final of ten buildings developed by Terreno Realty Corporation in Countyline Corporate Park, is under construction and is expected to achieve LEED certification with a total expected investment of $51.3 million. The estimated stabilized cap rate is 6.0%.
Investment
During the first quarter of 2026, Terreno Realty Corporation acquired two industrial properties consisting of two buildings containing approximately 119,000 square feet for an aggregate purchase price of approximately $101.8 million. The first quarter investment activity was as follows:
28-10 Whitestone Expressway: One cross-dock industrial distribution building containing approximately 81,000 square feet with an additional two floors of indoor parking on 4.0 acres located in College Point, Queens, New York, approximately 1 mile from the Van Wyck Expressway and Grand Central Parkway and approximately 3 miles east of LaGuardia airport. The property provides 13 dock-high and three grade-level loading positions and parking for 226 cars. The building was acquired shell complete for a purchase price of approximately $92.0 million. Terreno Realty Corporation will permit and construct interior finishes, including approximately 8,000 square feet of office, expected to be completed in early 2027. The total expected investment is $103.4 million and the estimated stabilized cap rate is 5.4%; and
175 Canal Street West: One industrial distribution building containing approximately 38,000 square feet on 0.9 acres located in the Bronx, New York, immediately adjacent to the Major Deegan Expressway (I-87) and between the Third Avenue and Madison Avenue bridges. The property was acquired 100% leased for one year for a purchase price of approximately $9.8 million. At lease expiration Terreno Realty Corporation will demolish a portion of the building and construct improvements to improve functionality. After renovation the building is expected to contain approximately 29,000 square feet with seven grade-level loading positions and off-street parking. The total expected investment is $12.2 million and the estimated stabilized cap rate is 5.3% initially and 6.1% after renovation.
During the first quarter of 2026, Terreno Realty Corporation sold two properties consisting of three buildings containing approximately 287,000 square feet for an aggregate sale price of approximately $55.1 million:
One light industrial building containing approximately 56,000 square feet on 4.5 acres in Lanham, Maryland, for a sale price of approximately $11.1 million. The property was purchased by Terreno Realty Corporation in December 2013 for approximately $5.6 million. The unleveraged internal rate of return generated by the investment was 10.8%; and
Two industrial distribution buildings containing approximately 231,000 square feet on 11.1 acres in Gardena, California, for a sale price of approximately $44.0 million. The property, under redevelopment at time of sale, was purchased by Terreno Realty Corporation in December 2017 for approximately $37.6 million. The unleveraged internal rate of return generated by the investment was 6.3%.
Subsequent to March 31, 2026, Terreno Realty Corporation sold one property consisting of a 99,000 square foot industrial distribution building in Torrance, California for a sale price of approximately $31.1 million. The property was purchased by Terreno Realty Corporation in January 2018 for approximately $17.5 million. The unleveraged internal rate of return generated by the investment was 10.3%.
Year-to-date, Terreno Realty Corporation has sold three properties consisting of four buildings containing approximately 386,000 square feet for an aggregate sale price of approximately $86.2 million.
During the first quarter of 2026, Terreno Realty Corporation completed the redevelopment and stabilization of Countyline Corporate Park Phase IV Building 32 in Hialeah, Florida. Building 32 is 100% leased to two tenants. Building 32 of Terreno Realty Corporation’s Countyline Corporate Park is a 164,000 square foot 36-foot clear height rear-load industrial distribution building on 8.3 acres with 53 dock-high and two grade-level loading positions and parking for 148 cars. The building is expected to achieve LEED certification, the total investment is $43.4 million and the estimated stabilized cap rate is 6.0%.
As of March 31, 2026, Terreno Realty Corporation had five properties under development or redevelopment that, upon completion, will consist of five buildings aggregating approximately 0.9 million square feet which are approximately 71.5% pre-leased, with a total expected investment of approximately $323.8 million.
Terreno Realty Corporation has approximately $11.4 million of acquisitions under contract and approximately $13.0 million of acquisitions under letters of intent. Additionally, Terreno Realty Corporation has approximately $8.8 million of dispositions under contract where due diligence has completed and $4.0 million of dispositions under contract where due diligence has commenced. There is no assurance that Terreno Realty Corporation will acquire or dispose of the properties under contract or letters of intent because the proposed acquisitions and dispositions are subject to the completion of satisfactory due diligence, closing conditions and, in the case of letters of intent, contracts.
Capital Markets
During the first quarter of 2026, Terreno Realty Corporation issued 2,081,288 shares of common stock with a weighted average offering price of $64.85 per share under the Company’s at-the-market equity offering program, receiving gross proceeds of $135.0 million. Terreno Realty Corporation did not repurchase any shares of common stock pursuant to the Company’s share repurchase authorization.
On January 7, 2026, Terreno Realty Corporation obtained a new $200 million five-year unsecured term loan. The loan will mature on January 15, 2031, and the interest rate generally will be SOFR plus 1.15% to 1.65%, depending on leverage. Additionally, the previous 10 basis point SOFR credit spread adjustment premium was eliminated on all credit facility borrowings, including term loans. The current interest rate is SOFR plus 1.15%, and proceeds from the term loan were used to reduce borrowings under Terreno Realty Corporation’s $600 million revolving credit facility and for general corporate purposes.
As of March 31, 2026, there were no borrowings outstanding under Terreno Realty Corporation’s $600 million revolving credit facility. Terreno Realty Corporation has $50 million of debt maturities in July 2026 and $150 million of debt maturities in 2027.
Additional information is available on the Company’s website at www.terreno.com. Terreno Realty Corporation expects to file its quarterly report on Form 10-Q for the quarter ended March 31, 2026 on or about May 6, 2026.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle and Washington, D.C.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate”, “believe”, “estimate”, “expect”, “intend”, “may”, “might”, “plan”, “project”, “result”, “should”, “will”, “seek”, “target”, “see”, “likely”, “position”, “opportunity”, “outlook”, “potential”, “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates, and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260408453057/en/
Terreno Realty Corporation
Jaime Cannon, 415-655-4580
Original: Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity
US Market News
2月前
Terreno Realty Corporation Sells Property in Torrance, CA for $31.1 MillionApril 8, 2026 9:15 AM
Business Wire
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Torrance, California on April 7, 2026 for a sale price of approximately $31.1 million.
The property consists of a 99,000 square foot industrial distribution building on 4.7 acres which is 100% leased. The property was purchased by Terreno Realty Corporation on January 31, 2018 for $17.5 million. The unleveraged internal rate of return generated by the investment was 10.3%.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260406794632/en/
Terreno Realty Corporation
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Sells Property in Torrance, CA for $31.1 Million
US Market News
2月前
Terreno Realty Corporation Announces Lease in Hialeah, FLMarch 30, 2026 9:15 AM
Business Wire
-Countyline Building 35 100% pre-leased
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has pre-leased 220,000 square feet in Countyline Corporate Park Phase IV Building 35 in Hialeah, Florida to a national tire distributor commencing with building completion and tenant build-out, expected to be in the fourth quarter of 2026, and expiring July 2032. Building 35, the final of ten buildings developed by Terreno Realty Corporation in Countyline Corporate Park, is under construction and is expected to achieve LEED certification with a total expected investment of $51.3 million. The estimated stabilized cap rate is 6.0%.
Countyline Corporate Park Phase IV consists of a 121-acre project entitled for 2.2 million square feet of industrial distribution buildings in Miami’s Countyline Corporate Park (“Countyline”), immediately adjacent to Terreno Realty Corporation’s seven buildings within Countyline (Countyline Corporate Park Phase III). Countyline is a landfill redevelopment adjacent to Florida’s Turnpike and the southern terminus of I-75 located at the intersection of NW 170th Street and NW 107th Avenue. At expected completion in 2027, Countyline Corporate Park Phase IV is expected to contain ten LEED-certified industrial distribution buildings totaling approximately 2.2 million square feet providing 655 dock-high and 23 grade-level loading positions and parking for 1,875 cars for a total expected investment of approximately $508.5 million.
Taken together, Terreno Realty Corporation’s Countyline Corporate Park Phase III and IV will contain 17 industrial distribution buildings and 3.5 million square feet.
Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy (generally 95%) divided by total acquisition cost. 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.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260324861486/en/
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Announces Lease in Hialeah, FL
US Market News
3月前
Terreno Realty Corporation Announces Lease in Newark, NJMarch 25, 2026 9:15 AM
Business Wire
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed an early lease renewal for a 3.5-acre improved land parcel in Newark, New Jersey with a leading national full-service equipment rental firm. The lease, which was to expire August 2027, will expire February 2036.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260323475297/en/
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Announces Lease in Newark, NJ
US Market News
3月前
Terreno Realty Corporation Sells Property in Gardena, CA for $44.0 MillionMarch 19, 2026 9:15 AM
Business Wire
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Gardena, California on March 18, 2026 for a sale price of approximately $44.0 million.
The property consists of two industrial distribution buildings containing 231,000 square foot on 11.1 acres which is currently under redevelopment. The property was purchased by Terreno Realty Corporation on December 15, 2017 for $37.6 million. The unleveraged internal rate of return generated by the investment was 6.3%.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260317790474/en/
Terreno Realty Corporation
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Sells Property in Gardena, CA for $44.0 Million
US Market News
3月前
Terreno Realty Corporation Sells Property in Lanham, MD for $11.1 MillionMarch 9, 2026 9:15 AM
Business Wire
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Lanham, Maryland on March 6, 2026 for a sale price of approximately $11.1 million.
The property consists of a 56,000 square foot light industrial building on 4.5 acres which is 100% leased. The property was purchased by Terreno Realty Corporation on December 11, 2013 for $5.6 million. The unleveraged internal rate of return generated by the investment was 10.8%.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260302603652/en/
Terreno Realty Corporation
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Sells Property in Lanham, MD for $11.1 Million
US Market News
4月前
Terreno Realty Corporation Announces Leases in Redondo Beach, CAFebruary 24, 2026 9:15 AM
Business Wire
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed three full-building leases totaling 145,000 square feet in Redondo Beach, California with a domestic energy company. The leases commence March 1, 2026 for 45,000 square feet, June 1, 2026 for 51,000 square feet and March 1, 2027 for 49,000 square feet, all immediately upon expiration or termination of existing leases. The three leases will expire December 2031. To facilitate the new leases, Terreno Realty Corporation terminated effective February 28, 2026 an in-place lease for 45,000 square feet that was to expire April 30, 2026.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260220239477/en/
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Announces Leases in Redondo Beach, CA
US Market News
4月前
Terreno Realty Corporation Acquires Property in the Bronx, NY for $9.8 MillionFebruary 23, 2026 9:15 AM
Business Wire
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in the Bronx, New York on February 20, 2026 for a purchase price of approximately $9.8 million.
The property consists of an industrial distribution building containing approximately 38,000 square feet on 0.9 acres. The property is at 175 Canal Street West, immediately adjacent to the Major Deegan Expressway (I-87) and between the Third Avenue and Madison Avenue bridges. The property is 100% leased for one year. At lease expiration Terreno Realty Corporation will demolish a portion of the building and construct improvements to improve functionality. After renovation the building is expected to contain approximately 29,000 square feet with seven grade-level loading positions and off-street parking. The total expected investment is $12.2 million and the estimated stabilized cap rate is 5.3% initially and 6.1% after renovation.
Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy (generally 95%) divided by total acquisition cost. 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.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates, and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260215904815/en/
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Acquires Property in the Bronx, NY for $9.8 Million
US Market News
4月前
Terreno Realty Corporation Announces Lease in Rancho Dominguez, CAFebruary 20, 2026 9:15 AM
Business Wire
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed a lease for 66,000 square feet in Rancho Dominguez, California with a manufacturer and distributor of laboratory reagents, stains and disinfectants. The lease will commence June 1, 2026, immediately after the current lease expires, and will expire September 2036.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260217739636/en/
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Announces Lease in Rancho Dominguez, CA
US Market News
4月前
Terreno Realty Corporation Acquires Property in Queens, NY for $92.0 MillionFebruary 19, 2026 9:15 AM
Business Wire
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in College Point, Queens, New York on February 18, 2026 for a purchase price of approximately $92.0 million.
The property consists of a cross-dock industrial distribution building containing approximately 81,000 square feet with an additional two floors of indoor parking on 4.0 acres. The property is at 28-10 Whitestone Expressway, immediately adjacent to the Whitestone Expressway, approximately 1 mile from the Van Wyck Expressway and Grand Central Parkway and approximately 3 miles east of LaGuardia airport. The property provides 13 dock-high and three grade-level loading positions and parking for 226 cars. The building is shell complete only. Terreno Realty Corporation will permit and construct interior finishes, including approximately 8,000 square feet of office, expected to be completed in early 2027. The total expected investment is $103.4 million and the estimated stabilized cap rate is 5.4%.
Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy (generally 95%) divided by total acquisition cost. 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.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates, and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260215020265/en/
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Acquires Property in Queens, NY for $92.0 Million
US Market News
4月前
Terreno Realty Corporation Declares Quarterly Dividend and Files Annual 2025 Financial StatementsFebruary 4, 2026 4:10 PM
Business Wire
Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending March 31, 2026 of $0.52 per common share. The dividend will be payable on April 10, 2026 to common stockholders of record at the close of business on March 27, 2026.
Terreno Realty Corporation filed its annual report on Form 10-K for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission. The financial statements and supplemental financial information are available in the Investors & Media section of Terreno Realty Corporation’s website, www.terreno.com.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates, and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2025 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260202928656/en/
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Declares Quarterly Dividend and Files Annual 2025 Financial Statements
US Market News
4月前
Terreno Realty Corporation Announces Tax Treatment of 2025 DividendsJanuary 30, 2026 9:15 AM
Business Wire
Terreno Realty Corporation (NYSE:TRNO) , an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today the income tax treatment of its 2025 dividend distributions to holders of its common stock.
For holders of Terreno Realty Corporation common stock, the 2025 distribution of $1.91 per share includes a portion of one quarterly distribution declared in 2024 and paid in 2025, three quarterly distributions declared and paid in 2025, and a portion of one quarterly distribution declared in 2025 and paid in 2026. The distribution characteristics are as follows:
Security
Record Date
Date Paid
Dividend per Share
2025 Ordinary Taxable Dividend
2025 Total Capital Gain Dividend
2025 Return of Capital Dividend
2025 Unrecaptured Section 1250 Gain (1)
2025 Section 199A Dividend (2)
Common stock
December 13, 2024
January 7, 2025
$
0.234000
$
0.225672
$
0.008328
$
-
$
0.000008
$
0.225672
Common stock
March 27, 2025
April 4, 2025
$
0.490000
$
0.472560
$
0.017440
$
-
$
0.000016
$
0.472560
Common stock
June 27, 2025
July 11, 2025
$
0.490000
$
0.472560
$
0.017440
$
-
$
0.000016
$
0.472560
Common stock
September 29, 2025
October 10, 2025
$
0.520000
$
0.501493
$
0.018507
$
-
$
0.000017
$
0.501493
Common stock
December 15, 2025
January 9, 2026
$
0.172000
$
0.165878
$
0.006122
$
-
$
0.000006
$
0.165878
Total
$
1.906000
$
1.838163
$
0.067837
$
-
$
0.000063
$
1.838163
Dividend as a % of total
96.4
%
3.6
%
0.0
%
0.0
%
96.4
%
(1)
The 2025 Unrecaptured Section 1250 Gain is a subset of, and is included in, the 2025 Total Capital Gain Dividend amount.
(2)
2025 Section 199A Dividends are a subset of, and are included in, the 2025 Ordinary Taxable Dividends.
Approximately $0.17 of the $0.52 distribution that was declared on November 4, 2025 and paid on January 9, 2026 will be considered a distribution made in 2025 for U.S. federal income tax purposes.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle and Washington, D.C.
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates, and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2024 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260129636089/en/
Jaime Cannon
415-655-4580
Original: Terreno Realty Corporation Announces Tax Treatment of 2025 Dividends