TRNO News & Events

Terreno Realty Corporation acquired an industrial property located in Hialeah Gardens, Florida on June 17, 2026 for a purchase price of approximately $56.3M. The property consists of one industrial distribution building containing approximately 98,000 square feet on 16.8 acres. The property is at 10910 NW 144th Street, adjacent to the intersection of Florida's Turnpike and Okeechobee Road, and provides nine dock-high and six grade-level loading positions and parking for 596 cars. The building is 100% leased to a leading e-commerce firm. The estimated stabilized cap rate is 5.0%.

Terreno Realty Corporation acquired an industrial property located in Landover, Maryland on June 16, 2026 for a purchase price of approximately $77.1M. The property consists of three industrial distribution buildings containing approximately 305,000 square feet on 24.0 acres. The property is 92% leased to nine tenants. The estimated stabilized cap rate is 5.5%.