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].

Core Viewpoint - Terreno Realty (TRNO) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling actions that affect stock prices [4]. Company Performance and Investor Sentiment - The upgrade reflects an improvement in Terreno's underlying business, suggesting that investors may respond positively by driving the stock price higher [5]. - Over the past three months, the Zacks Consensus Estimate for Terreno has increased by 7.6%, indicating a positive trend in earnings expectations [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a "Strong Buy" or "Buy" rating, highlighting their potential for market-beating returns [9][10]. - Terreno's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a favorable position for potential stock price appreciation [10].

Core Insights - Terreno Realty Corporation has acquired two long-term leases in bankruptcy for $1.25 million, which will be terminated effective December 31, 2025 [1] - The properties involved are land parcels of 12.7 acres in Carlstadt, New Jersey, and 10.2 acres in Hayward, California, currently improved with transshipment facilities that will be available for release or redevelopment [1] 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. [2]

Core Insights - Terreno Realty Corporation has executed a lease for 117,000 square feet in Doral, Florida with an international freight forwarder, which will commence on December 31, 2025, and expire in December 2036 [1]. Company Overview - Terreno Realty Corporation specializes in acquiring, owning, and operating 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. [2].

Core Viewpoint - Terreno Realty Corporation has acquired a property in Tukwila, Washington for $27.1 million, indicating a strategic investment in the region's real estate market [1]. Group 1 - The acquisition price of the property is $27.1 million, reflecting the company's ongoing strategy to expand its portfolio in key markets [1]. - The property is located in Tukwila, WA, which is a significant area for logistics and distribution, enhancing the company's operational capabilities [1].

Core Insights - Terreno Realty (TRNO) has demonstrated strong leasing activity, particularly with an early renewal of an 84,000-square-foot facility in Woodinville, WA, extending occupancy through 2033, indicating tenant confidence and stable income [1] - The company also secured an early lease renewal for 107,000 square feet in Washington, D.C., for the United States Secret Service, showcasing strong tenant relationships and recurring cash flows [2] - Terreno is actively pursuing strategic growth, including the construction of a 220,000-square-foot distribution facility in Hialeah, FL, as part of a $511.5 million project aimed at enhancing long-term leasing opportunities [3] - Recent acquisitions, such as a 180,000-square-foot industrial property in Hyattsville, MD, for $50 million, diversify Terreno's asset base and position it for future tenant leases [4] - The company's leasing activities and strategic initiatives reflect the resilience of industrial real estate demand in the U.S., with shares gaining 6.8% over the past three months compared to a 0.6% decline in the industry [5] Leasing and Development - Terreno's leasing momentum is highlighted by significant renewals in key markets, reinforcing the demand for industrial spaces [2][8] - The construction of a LEED-targeted facility in Hialeah is expected to contribute to the company's growth pipeline and long-term leasing potential [3][8] Acquisitions and Growth Strategy - The acquisition of a 180,000-square-foot property in Hyattsville enhances Terreno's footprint and prepares it for future leasing opportunities [4] - The strategic focus on both leasing and acquisitions positions the company for sustained growth and stable returns in the industrial real estate sector [5]

Core Viewpoint - Terreno Realty Corporation has executed an early lease renewal for 84,000 square feet in Woodinville, Washington, with a premium-grade salt provider, indicating strong demand for industrial real estate in the region [1]. Group 1: Company Overview - Terreno Realty Corporation is involved in the acquisition, ownership, and operation of industrial real estate across six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C. [2]. Group 2: Lease Details - The newly executed lease will commence on November 1, 2026, and will expire in December 2033, reflecting a long-term commitment from the tenant [1].

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]

Core Viewpoint - Terreno Realty Corporation has executed an early lease renewal with the United States Secret Service for 107,000 square feet in Washington, D.C., indicating strong demand for industrial real estate in key U.S. markets [1]. Company Overview - Terreno Realty Corporation is involved in the acquisition, ownership, and operation of industrial real estate across six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C. [2]. Lease Details - The lease with the United States Secret Service will commence on February 13, 2026, and will expire in February 2029, reflecting a long-term commitment to the property [1].