Terreno Realty Corporation (TRNO) recently announced the completion of the development and stabilization of Countyline Corporate Park Phase IV Building 39 in Hialeah, FL, effective Sept. 30, 2024. This building has been 100% leased to one tenant. Building 39, with a 36-foot clear height, is located in Terreno Realty's Countyline Corporate Park. This 178,000-square-foot industrial distribution building is placed on 10.9 acres of land. It includes 58 dock-high and two grade-level loading positions, as well as ...

leolintang/iStock via Getty Images Terreno Realty Corporation (NYSE:TRNO) operates within an attractive industrial property sector through investing in: · warehouse/distribution facilities · light industrial properties · R&D facilities · transshipment properties · improved land For those unacquainted with TRNO, the Company targets infill locations with a high concentration of already developed land and buildings) within six coastal US markets. The following table summarizes by type our investments in real e ...

Justin Paget/DigitalVision via Getty Images Introduction Terreno Realty Corporation (NYSE:TRNO) has marginally outperformed the Vanguard Real Estate Index Fund ETF Shares (VNQ) so far in 2024, delivering a ~12% total return against the ~10% gain for the benchmark ETF: . TF202 TRNO vs VNQ in 2024 (Seeking Alpha) I think the shares will continue to deliver a return close to that of major real estate ETFs, driven by a quite elevated valuation in terms of FFO multiple (~27.6x) and market-implied cap rate (~3.64 ...

Last Monday,Terreno Realty Corporation (TRNO) announced the execution of an early lease renewal in Sunnyvale, CA, with a leading provider of molecular diagnostic testing. This reflects the healthy demand for its properties from existing tenants. The 172,000-square-foot lease of three buildings, originally set to expire in March 2025, has been extended until March 2030. The demand for industrial real estate space has been high amid an e-commerce boom, growth in industries and companies making efforts to impr ...

Terreno Realty (TRNO) is witnessing healthy demand for its properties. Recently, the company executed a lease for 69,000 square feet in San Leandro, CA. This lease with an ocean freight provider will commence on Sep 30, 2024 and is slated for expiry in January 2030. This industrial REIT has been experiencing healthy demand for its properties and recently announced the execution of an early lease renewal in Torrance, CA, with a global supplier of automotive parts, components and technologies. The 99,000-squa ...

Terreno Realty has quietly done a terrific job growing its dividend. Terreno Realty (TRNO -0.01%) flies under the radar of most investors. The industrial-focused real estate investment trust (REIT) is tiny compared to industry behemoth Prologis (PLD -1.54%). It owns 292 buildings in six U.S. markets compared to over 5,500 properties worldwide for the sector leader. Because of its smaller size, many investors might have missed that the industrial REIT just increased its dividend again. That raise pushed its ...

Terreno Realty Corporation (TRNO) recently announced the execution of an early lease renewal in Torrance, CA, with a global supplier of automotive parts, components and technologies. This reflects the healthy demand for its properties from existing tenants. The 99,000-square-foot lease, which was originally set to expire in January 2025, has been extended until January 2030. Earlier this month, Terreno also announced that it has pre-leased 67% of Countyline Corporate Park Phase IV Building 33 in Hialeah, FL ...

Table of Contents _________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________ Form 10-Q _________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ | --- | --- | |---------------------------------- ...

Terreno Realty Corporation (TRNO) recently provided an update on its operating, investment and capital market activity for the second quarter of 2024. The preliminary results highlight solid growth in cash rents, though occupancy levels declined because of acquired vacancy. Nevertheless, accretive acquisitions and developments are likely to support its growth in the upcoming period. However, TRNO was able to lock in higher rents on new and renewed leases during the quarter. The cash rents on new and renewed ...

Terreno Realty Corporation (TRNO) recently announced the completion of the development and stabilization of Countyline Corporate Park Phase IV Building 40 in Hialeah, FL, effective Jun 30, 2024. This building has been 100% leased to four tenants. Building 40, with a 36-foot clear height, is located in Terreno Realty's Countyline Corporate Park. This 186,000-square-foot industrial distribution building is placed on 9.1 acres of land. It includes 60 dock-high and two grade-level loading positions, as well as ...