Core Points - Terreno Realty Corporation has sold a property located in South Brunswick, New Jersey for a total of $144.2 million [1] Company Summary - The sale of the property is part of Terreno Realty Corporation's strategy to optimize its portfolio and enhance shareholder value [1] - The transaction reflects the company's ongoing efforts to capitalize on favorable market conditions in the real estate sector [1] Industry Summary - The real estate market continues to show strong demand, particularly in logistics and industrial properties, which are key areas of focus for companies like Terreno Realty Corporation [1] - The sale price of $144.2 million indicates robust valuation trends in the commercial real estate market, particularly in regions with high demand [1]