Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 001-34603 _________________________ Terreno Realty Corporation (Exact Name of Regi ...

Terreno Realty Corporation This presentation contains forward-looking statements within the meaning of the federal securities laws. 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 a ...

Company Overview - Terreno Realty Corporation (NYSE: TRNO) is a real estate investment trust (REIT) specializing in industrial real estate, focusing on six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. As of September 30, 2020, the company owned 219 buildings, 22 improved land parcels, and one property under redevelopment [1] Price Target and Analyst Sentiment - The consensus price target for TRNO has shown a slight upward trend over the past year, increasing from $63.86 last quarter to $65, up from $64.69 last year, indicating a positive outlook from analysts [2] - Credit Suisse analyst Omotayo Okusanya has set a price target of $65, reflecting confidence in Terreno's potential for growth [2] Upcoming Earnings Report - Terreno Realty is set to release its fourth-quarter 2025 earnings on February 4th, with analysts forecasting earnings of $0.87 per share and anticipated revenue of $124.72 million for the quarter [3][6] - The upcoming earnings report could influence analyst sentiment and price targets, as company performance is a key factor in stock valuation [3] Market Conditions - Market conditions in the industrial real estate sector, particularly in the coastal U.S. regions where TRNO operates, can impact the company's performance and stock valuation [4] - Broader economic factors, such as interest rates and economic growth, also play a role in influencing the real estate sector and TRNO's stock performance [4] Analyst Upgrades - Terreno Realty has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings prospects and growing optimism about the company's future performance [5][6]

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. SAN FRANCISCO--(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 ...

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Development Completion in Hialeah, FL. ...

Core Viewpoint - Barclays has raised the price target for Terreno Realty (TRNO) to $60 from $57 while maintaining an Equal Weight rating on the shares [1] Group 1: Price Target and Ratings - The price target adjustment is part of Barclays' broader outlook for the real estate investment trust (REIT) sector in 2026 [1] - Barclays has adjusted ratings and targets across the REIT group, indicating a strategic shift in their investment approach [1] Group 2: Sector Outlook - Barclays sees the most potential upside in apartments, storage, and single-family rentals for 2026 [1] - The firm is least optimistic about cold storage and retail sectors within the REIT space [1] - Overall, Barclays maintains a Neutral stance on REITs for 2026 [1]

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Closes $200 Million Five-Year Unsecured Term Loan. ...

Core Insights - Terreno Realty Corporation (TRNO) has announced a full-property lease for a redevelopment property in Long Island City, Queens, NY, with a stabilized cap rate of approximately 5.7% [1][9] - The redevelopment includes an industrial distribution building of around 48,000 square feet on 2.2 acres, with a total investment of $35.8 million [2][9] - The property is fully leased to a contractor and rigging provider, with the lease commencing in December 2025 and expiring in August 2036 [2][9] Company Overview - Terreno Realty's redevelopment efforts are part of its strategy to optimize its portfolio and enhance financial performance [4] - The company has also executed a lease for 117,000 square feet in Doral, FL, with an international freight forwarder [4] - TRNO is focused on expanding its asset base in six major coastal U.S. markets, where demand for industrial real estate remains strong [5] Market Performance - TRNO shares have increased by 3.8% over the past three months, contrasting with a 2.4% decline in the industry [6] - The company currently holds a Zacks Rank 2 (Buy) [6]

Core Viewpoint - Terreno Realty Corporation has announced a full-property lease for a redevelopment property in Long Island City, Queens, New York, indicating a strategic expansion in the industrial real estate sector [1]. Group 1: Property Details - The property consists of one industrial distribution building with approximately 48,000 square feet on 2.2 acres [2]. - Located at 49-10 27th Street, the property is adjacent to the entrance of the Queens-Midtown Tunnel and features ten dock-high and 14 grade-level loading positions [2]. - The total investment for the redevelopment is $35.8 million, with the property fully leased to a contractor and rigging provider starting December 2025 and expiring August 2036 [2]. Group 2: Financial Metrics - The estimated stabilized cap rate for the property is 5.7% [2]. - Stabilized cap rates are calculated based on annualized cash basis net operating income stabilized to market occupancy, generally at 95%, divided by total acquisition cost [3]. Group 3: Company Overview - Terreno Realty Corporation operates 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. [4]. - The company focuses on acquiring, owning, and operating industrial real estate, highlighting its commitment to the industrial sector [4].

Core Viewpoint - Terreno Realty Corporation has announced a full-property lease for a redevelopment property in Long Island City, Queens, New York, indicating a strategic move in the industrial real estate market [1]. Group 1: Property Details - The property consists of one industrial distribution building with approximately 48,000 square feet on 2.2 acres [2]. - Located at 49-10 27th Street, the property is adjacent to the entrance of the Queens-Midtown Tunnel and features ten dock-high and 14 grade-level loading positions [2]. - The total investment for the redevelopment is $35.8 million, with the property fully leased to a contractor and rigging provider starting December 2025 and expiring August 2036 [2]. Group 2: Financial Metrics - The estimated stabilized cap rate for the property is 5.7% [2]. - Stabilized cap rates are calculated based on annualized cash basis net operating income stabilized to market occupancy, generally at 95%, divided by total acquisition cost [3]. Group 3: Company Overview - Terreno Realty Corporation specializes in acquiring, owning, and operating industrial real estate in six major coastal U.S. markets, including New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C. [4].