Terreno Realty Corporation Acquires Portfolio in Doral, FL and Kearny, NJ for $194.3 Million

Core Viewpoint - Terreno Realty Corporation has acquired a portfolio in Doral, FL and Kearny, NJ for a total of $194.3 million, indicating a strategic expansion in key markets [1] Group 1: Acquisition Details - The acquisition includes properties located in Doral, Florida, and Kearny, New Jersey [1] - The total investment for the portfolio is $194.3 million, reflecting the company's commitment to growth in these regions [1] Group 2: Market Implications - This acquisition may enhance Terreno Realty Corporation's presence in the industrial real estate sector, particularly in high-demand areas [1] - The strategic choice of locations suggests a focus on logistics and distribution capabilities, which are critical in the current market environment [1]