Terreno Sells Property in Commerce, CA, Boosts Financial Flexibility

Terreno Realty Corporation (TRNO) announced the disposition of an industrial property located in Commerce, CA. The sale was carried out on May 22, 2025, for approximately $97 million. This move highlights the company’s strategy of disposing of non-core assets and building a more robust portfolio, which will aid future growth.The property consists of five multi-tenant industrial buildings spanning around 545,000 square feet on 24 acres of land. It is 99% leased to 12 tenants.Terreno Realty had purchased the ...