Terreno Hyattsville Property Buy: What it Means for Growth Plans?

Key Takeaways TRNO bought a 180,000-sq-ft Hyattsville site to deepen its regional industrial footprint.TRNO plans added work by 2027, bringing total investment to $57.6M with a 5.2% cap rate.TRNO's move aligns with recent buys and new builds to balance income and growth.Terreno Realty’s (TRNO) $50-million acquisition in Hyattsville, MD, looks like a prudent step to deepen its footprint in the region. The company picked up a 180,000-square-foot industrial property near major highways, giving it strong logist ...