Terreno Realty Commences $55.5M Construction of Countyline Corporate Park Phase IV in Florida
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 03 2025
0mins
Should l Buy TRNO?
Source: Newsfilter
- Project Launch: Terreno Realty Corporation has commenced construction of the tenth building in Countyline Corporate Park Phase IV in Hialeah, Florida, with a total expected investment of $55.5 million, indicating the company's ongoing expansion in the industrial real estate sector.
- Building Specifications: The new building will span 220,000 square feet and feature 78 dock-high loading positions and parking for 185 cars, with shell construction expected to be completed in Q4 2026 and LEED certification anticipated, enhancing the company's sustainability profile.
- Regional Development: Countyline Corporate Park Phase IV encompasses 121 acres with plans for 2.2 million square feet of industrial distribution buildings, representing a total expected investment of approximately $511.5 million, further solidifying Terreno's leadership position in the Miami market.
- Market Outlook: With the completion of Countyline Corporate Park Phase III and IV, Terreno will operate 17 industrial distribution buildings totaling 3.5 million square feet, with an estimated stabilized cap rate of 6.0%, laying a strong foundation for future revenue growth.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy TRNO?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on TRNO
Wall Street analysts forecast TRNO stock price to rise
13 Analyst Rating
9 Buy
3 Hold
1 Sell
Moderate Buy
Current: 62.690
Low
56.00
Averages
69.62
High
80.00
Current: 62.690
Low
56.00
Averages
69.62
High
80.00
About TRNO
Terreno Realty Corporation acquires, owns and operates industrial real estate in six coastal United States markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle, and Washington, D.C. The Company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment, and improved land. It targets functional properties in infill locations that may be shared by multiple tenants and that cater to customer demand within the various submarkets in which it operates. Infill locations are geographic locations surrounded by high concentrations of already developed land and existing buildings. Its portfolio includes Terreno 3500 West MacArthur Boulevard, Terreno 11100 Hindry Avenue, Terreno 2411 Santa Fe Ave, Terreno 1720 E Garry Ave, Terreno 16009-16019 E Foothill, Terreno 16025-16037 E Foothill, Terreno 3528 Arden, Terreno 20269 - 20281 Mack, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
TERRENO REALTY CORPORATION DISPOSES OF PROPERTY IN LANHAM, MD FOR $11.1 MILLION
- Property Sale: Terreno Realty Corporation has sold a property located in Lanham, Maryland.
- Sale Price: The property was sold for a total of $11.1 million.
See More
Terreno Realty Sells Maryland Industrial Property for $11.1 Million
- Property Sale: Terreno Realty Corporation sold an industrial property in Lanham, Maryland on March 6, 2026, for approximately $11.1 million, consisting of a 56,000 square foot light industrial building on 4.5 acres, which is 100% leased, indicating strong market demand and leasing capability.
- Investment Return: The property was acquired for $5.6 million on December 11, 2013, generating an unleveraged internal rate of return of 10.8%, demonstrating the investment's solid performance during the holding period and reflecting the company's successful strategy in the industrial real estate sector.
- Market Coverage: Terreno Realty operates in six major coastal U.S. markets, including New York City, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C., showcasing its strong presence in diversified markets.
- Future Outlook: The forward-looking statements mentioned in the press release indicate that despite facing market risks and uncertainties, Terreno Realty remains committed to achieving long-term growth through strategic investments and asset management, enhancing its competitive position in the market.
See More
Terreno Realty Executes Early Lease Renewal in California
- Early Lease Renewal: Terreno Realty successfully executed an early lease renewal for a 2.8-acre land parcel in Gardena, California, extending the lease expiration from May 2026 to August 2029, thereby securing a stable income stream for the next three years.
- Adjacent Land Lease: Additionally, the tenant has leased an adjacent 2.3-acre parcel, with the lease commencing on April 1, 2026, which enhances Terreno's market position in the area and provides potential for future business expansion.
- Market Coverage: Terreno Realty operates industrial real estate across six major coastal U.S. markets, including Los Angeles, New York, and Miami, demonstrating its strong influence and market penetration in the industrial real estate sector.
- Forward-Looking Statements: The company cautions that all forward-looking statements are based on management's beliefs and assumptions, urging investors to exercise caution regarding potential market risks and uncertainties.
See More
Terreno Realty Corporation Signs Three Full-Building Leases in Redondo Beach
- Lease Agreements: Terreno Realty Corporation has signed three full-building leases totaling 145,000 square feet in Redondo Beach, California, indicating the company's proactive expansion in the industrial real estate sector.
- Lease Commencement Dates: The leases will commence on March 1, 2026, June 1, 2026, and March 1, 2027, all effective immediately upon the expiration of existing leases, ensuring continuity and stability in leasing operations.
- Existing Lease Termination: To facilitate the new leases, Terreno Realty terminated an in-place lease for 45,000 square feet effective February 28, 2026, which was set to expire on April 30, 2026, optimizing asset allocation.
- Market Presence: Terreno Realty operates in six major coastal U.S. markets, including New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C., further solidifying its market position.
See More
TERRENO REALTY CORPORATION PURCHASES BRONX, NY PROPERTY FOR $9.8 MILLION
- Acquisition Details: Terreno Realty Corporation has acquired a property in the Bronx, New York for $9.8 million.
- Market Impact: This acquisition reflects ongoing investment interest in the Bronx real estate market.
See More
Terreno Realty Corporation Signs New Lease Agreement
- New Lease Agreement: Terreno Realty Corporation has executed a lease for 66,000 square feet in Rancho Dominguez, California, commencing on June 1, 2026, and expiring in September 2036, indicating the company's ongoing expansion in the industrial real estate sector.
- Market Coverage: The company operates industrial real estate in six major coastal U.S. markets, including New York, Los Angeles, and Miami, further solidifying its position in these key markets and expected to drive future leasing demand.
- Diverse Clientele: The lessee is a manufacturer and distributor of laboratory reagents, stains, and disinfectants, showcasing Terreno Realty's success in attracting a diverse range of clients, which helps enhance the stability of its asset portfolio.
- Forward-Looking Statements: The press release includes forward-looking statements that reflect management's confidence in future market performance, despite uncertainties, as the company remains committed to achieving its long-term growth objectives.
See More
TERRENO REALTY CORPORATION DISPOSES OF PROPERTY IN LANHAM, MD FOR $11.1 MILLION
- Property Sale: Terreno Realty Corporation has sold a property located in Lanham, Maryland.
- Sale Price: The property was sold for a total of $11.1 million.
See More
Terreno Realty Sells Maryland Industrial Property for $11.1 Million
- Property Sale: Terreno Realty Corporation sold an industrial property in Lanham, Maryland on March 6, 2026, for approximately $11.1 million, consisting of a 56,000 square foot light industrial building on 4.5 acres, which is 100% leased, indicating strong market demand and leasing capability.
- Investment Return: The property was acquired for $5.6 million on December 11, 2013, generating an unleveraged internal rate of return of 10.8%, demonstrating the investment's solid performance during the holding period and reflecting the company's successful strategy in the industrial real estate sector.
- Market Coverage: Terreno Realty operates in six major coastal U.S. markets, including New York City, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C., showcasing its strong presence in diversified markets.
- Future Outlook: The forward-looking statements mentioned in the press release indicate that despite facing market risks and uncertainties, Terreno Realty remains committed to achieving long-term growth through strategic investments and asset management, enhancing its competitive position in the market.
See More
Terreno Realty Executes Early Lease Renewal in California
- Early Lease Renewal: Terreno Realty successfully executed an early lease renewal for a 2.8-acre land parcel in Gardena, California, extending the lease expiration from May 2026 to August 2029, thereby securing a stable income stream for the next three years.
- Adjacent Land Lease: Additionally, the tenant has leased an adjacent 2.3-acre parcel, with the lease commencing on April 1, 2026, which enhances Terreno's market position in the area and provides potential for future business expansion.
- Market Coverage: Terreno Realty operates industrial real estate across six major coastal U.S. markets, including Los Angeles, New York, and Miami, demonstrating its strong influence and market penetration in the industrial real estate sector.
- Forward-Looking Statements: The company cautions that all forward-looking statements are based on management's beliefs and assumptions, urging investors to exercise caution regarding potential market risks and uncertainties.
See More
Terreno Realty Corporation Signs Three Full-Building Leases in Redondo Beach
- Lease Agreements: Terreno Realty Corporation has signed three full-building leases totaling 145,000 square feet in Redondo Beach, California, indicating the company's proactive expansion in the industrial real estate sector.
- Lease Commencement Dates: The leases will commence on March 1, 2026, June 1, 2026, and March 1, 2027, all effective immediately upon the expiration of existing leases, ensuring continuity and stability in leasing operations.
- Existing Lease Termination: To facilitate the new leases, Terreno Realty terminated an in-place lease for 45,000 square feet effective February 28, 2026, which was set to expire on April 30, 2026, optimizing asset allocation.
- Market Presence: Terreno Realty operates in six major coastal U.S. markets, including New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C., further solidifying its market position.
See More
TERRENO REALTY CORPORATION PURCHASES BRONX, NY PROPERTY FOR $9.8 MILLION
- Acquisition Details: Terreno Realty Corporation has acquired a property in the Bronx, New York for $9.8 million.
- Market Impact: This acquisition reflects ongoing investment interest in the Bronx real estate market.
See More
Terreno Realty Corporation Signs New Lease Agreement
- New Lease Agreement: Terreno Realty Corporation has executed a lease for 66,000 square feet in Rancho Dominguez, California, commencing on June 1, 2026, and expiring in September 2036, indicating the company's ongoing expansion in the industrial real estate sector.
- Market Coverage: The company operates industrial real estate in six major coastal U.S. markets, including New York, Los Angeles, and Miami, further solidifying its position in these key markets and expected to drive future leasing demand.
- Diverse Clientele: The lessee is a manufacturer and distributor of laboratory reagents, stains, and disinfectants, showcasing Terreno Realty's success in attracting a diverse range of clients, which helps enhance the stability of its asset portfolio.
- Forward-Looking Statements: The press release includes forward-looking statements that reflect management's confidence in future market performance, despite uncertainties, as the company remains committed to achieving its long-term growth objectives.
See More
