TRNO on a Selling Spree: Disposes of Another Asset in California

Key Takeaways Terreno Realty sold a 2.3-acre leased Santa Fe Springs property for $11M on Aug. 7, 2025.The asset, bought in 2018 for $6.4M, delivered a 13.2% unleveraged internal rate of return.Recent sales and a 6.1% dividend hike highlight the REITs portfolio optimization strategy.Terreno Realty Corporation (TRNO) announced the disposition of an industrial property located in Santa Fe Springs, CA. The sale was carried out on Aug. 7, 2025, for approximately $11 million. This move highlights the company’s s ...