Core Insights - Terreno Realty Corporation (NYSE:TRNO) is recognized as one of the 20 Best Stocks to Buy and Hold for a Lifetime due to its consistent revenue and dividend growth [1] Group 1: Project Announcements - Terreno Realty Corporation announced a building project for a 214,000-square-foot industrial distribution center, Countyline Corporate Park Phase IV Building 36 in Hialeah, Florida, which is expected to be 51% pre-leased and completed by early 2027 [2] - The Phase IV project will involve an investment of $511.5 million and will feature ten LEED-certified industrial buildings totaling 2.2 million square feet, covering 121 acres with a stable cap rate of 5.8% [3] Group 2: Strategic Focus - The company is focused on industrial real estate growth, emphasizing robust tenant pre-leasing and sustainability measures, which support its strategic expansion across six major coastal regions in the United States [4] - Terreno Realty Corporation targets premium distribution properties with long-term leases, concentrating on purchasing, holding, and managing industrial real estate in six significant coastal cities in the United States [5]