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Terreno Realty buys 3 industrial properties in Florida, New Jersey for $194M (TRNO:NYSE)
TerrenoTerreno(US:TRNO) Seeking Alphaยท2025-09-10 14:53

Core Viewpoint - Terreno Realty has acquired three industrial distribution buildings for approximately $194.3 million, indicating a strategic investment in the industrial real estate sector [2] Summary by Category Acquisition Details - The acquisition took place on September 9 and involved properties located in Doral, Florida, and Kearny, New Jersey [2] - The portfolio consists of about 509,000 square feet of space situated on 27.6 acres [2] Leasing Information - The properties are currently about 36% leased, suggesting potential for increased occupancy and revenue generation [2]