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Terreno Realty Expands Footprint With $194.3M Acquisitions
TerrenoTerreno(US:TRNO) ZACKSยท2025-09-11 18:16

Key Takeaways Terreno Realty acquired three industrial buildings in Doral, FL, and Kearny, NJ, for $194.3M.The buildings span 509,000 square feet on 27.6 acres and are 36% leased to five tenants.This purchase completes a 1.2M-square-foot multi-market portfolio bought for $426.9M.Terreno Realty (TRNO) has made another strategic move to bolster its portfolio. This industrial REIT acquired an industrial portfolio located in Doral, FL and Kearny, NJ on Sept. 9, 2025, for approximately $194.3 million.The newly a ...