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]

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 ...

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†a ...

Terreno Realty (TRNO) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often ...

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, ...

BELLEVUE, Wash.--(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 117,000 square feet in Doral, Florida with an international freight forwarder and provider of customs brokerage, warehousing and inland transportation. The lease will commence December 31, 2025 and expire December 2036. Terreno Realty Corporation acquires, owns and operates industrial real estat ...

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Tukwila, WA for $27.1 Million. ...

Key Takeaways Terreno secures early renewals in WA and D.C., highlighting strong demand for its industrial spaces.New construction in Hialeah adds a 220,000-sq-ft LEED-targeted facility to Terreno's growth pipeline.A $50M Hyattsville acquisition expands Terreno's footprint with space primed for future tenant leases.Terreno Realty (TRNO) recently captured investor attention with its leasing activities, underscoring a strong demand for industrial space in key markets. The company has secured an early renewal ...

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, ...

Core Insights - Terreno Realty's acquisition of a $50-million industrial property in Hyattsville, MD, enhances its regional presence and logistics capabilities, positioning the company for steady rental demand in a constrained market [1][5] Acquisition Details - The property spans 180,000 square feet and is strategically located near major highways, just a mile from Washington, DC, providing significant upside potential [2] - Total expected investment for the property will reach $57.6 million, with plans to complete interior work by early 2027, targeting a stabilized cap rate of 5.2% [2][7] Expansion Strategy - The Hyattsville acquisition is part of a broader strategy of targeted expansion, including a recent $4.7 million purchase of a 0.5-acre industrial property in Queens, NY, aimed at increasing density in core markets [3] - Terreno is also developing new properties, such as Building 35 at Countyline Corporate Park in Hialeah, FL, reflecting confidence in long-term demand for modern logistics space [4] Market Positioning - The acquisition strategy focuses on well-located industrial properties in high-barrier regions, balancing acquisitions with selective developments to build a durable portfolio for stable cash flows and gradual value creation [5] - Terreno's shares have increased by 7.9% over the past three months, outperforming the industry average of 1.8% [5]