Terreno (TRNO) Announces Renewal & Expansion Lease at Fremont

Terreno Realty Corporation (TRNO) recently announced the execution of an early renewal and expansion lease in Fremont, CA, with an Advanced Air Mobility provider. This reflects the healthy demand for its properties. The 30,000-square-foot lease, which was originally set to expire in February 2025, has been extended until August 2029. Additionally, the 41,000-square-foot expansion lease will begin in June 2024 and expire in August 2029. The company has also executed a lease for 5.5 acres of improved land in ...