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Terreno Realty buys Queens, NY industrial property for $13.9M

Wed, 21 Oct 2026 09:15:16 -0400

Terreno Realty Corporation (NYSE: TRNO) acquired an industrial property in Maspeth, Queens, New York on October 20, 2026, for approximately $13.9 million, according to a company press release.

The property at 43-22 55th Avenue consists of one industrial distribution building of approximately 29,000 square feet on 1.4 acres. It is located adjacent to the intersection of I-278 (Brooklyn-Queens Expressway) and I-495 (Queens Midtown/Long Island Expressway) and includes 24 grade-level loading positions. The property is currently vacant, with an estimated stabilized cap rate of 6.3%.

In connection with the acquisition, Terreno Realty agreed to an early termination of an existing lease with the

Terreno Realty Corporation Acquires Property in Queens, NY for $13.9 Million

Wed, 21 Oct 2026 09:15:00 -0400

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Maspeth, Queens, New York on October 20, 2026 for a purchase price of approximately $13.9 million.

The property consists of one industrial distribution building containing approximately 29,000 square feet on 1.4 acres. The property is at 43-22 55th Avenue, adjacent to the intersection of I-278 (Brooklyn-Queens Expressway) and I-495 (Queens Midtown/Long Island Expressway) and provides 24 grade-level loading positions. The property is vacant and the estimated stabilized cap rate is

Terreno Realty Corporation Acquires Property in Queens, NY for $13.9 Million

Wed, 21 Oct 2026 09:15:00 -0400

Terreno Realty Corporation Sells Property in East Rutherford, NJ for $25.0 Million

Thu, 15 Oct 2026 09:15:00 -0400

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in East Rutherford, New Jersey on October 14, 2026 for a sale price of approximately $25.0 million.

The property consists of a 86,000 square foot rear-load industrial distribution building on 4.3 acres which is vacant. The property was purchased by Terreno Realty Corporation on October 15, 2015 for $9.3 million. The unleveraged internal rate of return generated by the investment was 11.0%.

Terreno Realty Corporation acquires, owns and operates industrial real estate

Terreno Realty Corporation Sells Property in East Rutherford, NJ for $25.0 Million

Thu, 15 Oct 2026 09:15:00 -0400

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in East Rutherford, New Jersey on October 14, 2026 for a sale price of approximately $25.0 million.

Terreno Realty Corporation acquires, owns and operates industrial real estate

Terreno Realty Corp (TRNO) PT Lowered to $85 at Piper Sandler

Mon, 12 Oct 2026 09:26:27 -0400

Piper Sandler analyst Alexander Goldfarb lowered the price target on Terreno Realty Corp (NYSE: TRNO) to $85.00 (from $91.00) while maintaining a Overweight rating.

BMO Capital Upgrades Terreno Realty Corp (TRNO) to Outperform

Mon, 12 Oct 2026 05:06:35 -0400

BMO Capital analyst John P. Kim upgraded Terreno Realty Corp (NYSE: TRNO) from Market Perform to Outperform with a price target of $75.00.

For an analyst ratings summary and ratings history on Terreno Realty Corp click here. For more ratings news on Terreno Realty Corp click here.

Shares of Terreno Realty Corp closed at $64.79 yesterday.

Terreno Realty Corp (TRNO) Reiterated at Market Outperform by Citizens Post Measured Quarter

Wed, 07 Oct 2026 04:37:07 -0400

Citizens analyst Mitch Germain reiterated a Market Outperform rating and $73.00 price target on Terreno Realty Corp (NYSE: TRNO).

The analyst commented, "Terreno Realty Corporation’s quarterly operating update reflected a more measured quarter from an investment perspective, though operating trends remain healthy, while recent capital raise activity further enhances financial flexibility and supports future growth; we maintain our Market Outperform rating. Acquisition activity moderated in the quarter following a particularly active first half of the year amidst an uncertain backdrop, while the development pipeline continues to wind down with just three projects currently in progress."

For an analyst ratings summary and ratings

Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity

Tue, 06 Oct 2026 16:05:00 -0400

97.8% quarter-end occupancy compared to prior quarter of 97.6% and prior year of 96.2%
97.9% quarter-end same-store occupancy compared to prior quarter of 98.3% and prior year of 98.0%
27.7% increase in cash rents on new and renewed leases commencing during the third quarter; 26.1% increase year-to-date
$49.0 million of acquisitions; $323.1 million year-to-date
$101.9 million of acquisitions under contract
$30.1 million of dispositions; $116.3 million year-to-date
$25.0 million of dispositions under contract
Completed the development and stabilization of one property with a total investment of $98.8 million; year-to-date completed the development and stabilization of three properties with a total investment of $197.5 million
Issued 1,958,245 shares

Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity

Tue, 06 Oct 2026 16:05:00 -0400

97.8% quarter-end occupancy compared to prior quarter of 97.6% and prior year of 96.2%

97.9% quarter-end same-store occupancy compared to prior quarter of 98.3% and prior year of 98.0%

27.7% increase in cash rents on new and renewed leases commencing during the third quarter; 26.1% increase year-to-date

$49.0 million of acquisitions; $323.1 million year-to-date

$101.9 million of acquisitions under contract

$30.1 million of dispositions; $116.3 million year-to-date

$25.0 million of dispositions under contract

Completed the development and stabilization of one property with a total investment of $98.8 million; year-to-date completed the development and stabilization of three properties with a total investment of $197.5 million

Issued 1,958,245 shares

Terreno Realty Corporation Sells Property in Fairfield, NJ for $8.8 Million

Mon, 28 Sep 2026 09:15:00 -0400

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Fairfield, New Jersey on September 25, 2026 for a sale price of approximately $8.8 million.
The property consists of a 31,000 square foot industrial distribution building on 2.2 acres which is vacant. The property was purchased by Terreno Realty Corporation on July 23, 2013 for $2.8 million. The unleveraged internal rate of return generated by the investment was 11.9%.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six

Terreno Realty Corporation Sells Property in Fairfield, NJ for $8.8 Million

Mon, 28 Sep 2026 09:15:00 -0400

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Fairfield, New Jersey on September 25, 2026 for a sale price of approximately $8.8 million.
The property consists of a 31,000 square foot industrial distribution building on 2.2 acres which is vacant. The property was purchased by Terreno Realty Corporation on July 23, 2013 for $2.8 million. The unleveraged internal rate of return generated by the investment was 11.9%.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six

BMO Capital Reiterates Market Perform Rating on Terreno Realty Corp (TRNO)

Mon, 21 Sep 2026 09:57:18 -0400

BMO Capital analyst John P. Kim reiterated a Market Perform rating and $74.00 price target on Terreno Realty Corp (NYSE: TRNO).
The analyst comments "We hosted an investor dinner with Jaime Cannon (CFO), John Meyer (COO), and Carson Goldman (SVP NJ & DC) - who struck a highly-constructive tone, as improving fundamentals support greater pricing power. NYC remains TRNO's most compelling growth market, while power-intensive users and Amazon's ambitious same-day delivery expansion provide tailwinds. With its shares at a 3.4% AFFO yield, TRNO expects acquisitions to accelerate, even in a higher-rate environment. Leasing spreads will likely naturally moderate in 2027 due

Terreno Realty Corporation Announces Leases in Sunnyvale, CA

Tue, 08 Sep 2026 09:15:00 -0400

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed early lease renewals in Sunnyvale, California with a leading provider of molecular diagnostic testing. The leases of three buildings totaling 172,000 square feet, which were to expire in March 2030, will now expire March 2035.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle and Washington, D.C.
Additional information about Terreno

Terreno Realty Corporation Announces Leases in Sunnyvale, CA

Tue, 08 Sep 2026 09:15:00 -0400

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed early lease renewals in Sunnyvale, California with a leading provider of molecular diagnostic testing. The leases of three buildings totaling 172,000 square feet, which were to expire in March 2030, will now expire March 2035.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle and Washington, D.C.
Additional information about Terreno

Terreno Realty Corp (TRNO) PT Raised to $70 at Wells Fargo

Tue, 01 Sep 2026 06:47:07 -0400
Wells Fargo analyst Blaine Heck raised the price target on Terreno Realty Corp (NYSE: TRNO) to $70.00 (from $64.00) while maintaining a Equal Weight rating.

Terreno Realty Corporation Sells Property in Miami, FL for $21.3 Million

Thu, 27 Aug 2026 09:15:00 -0400

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Miami, Florida on August 26, 2026 for a sale price of approximately $21.3 million.
The property consists of a 113,000 square foot industrial distribution building on 3.4 acres which is 100% leased to one tenant. The property was purchased by Terreno Realty Corporation on September 25, 2012 for $8.9 million. The unleveraged internal rate of return generated by the investment was 11.1%.
Terreno Realty Corporation acquires, owns and operates industrial

Terreno Realty Corporation Sells Property in Miami, FL for $21.3 Million

Thu, 27 Aug 2026 09:15:00 -0400

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Miami, Florida on August 26, 2026 for a sale price of approximately $21.3 million.
The property consists of a 113,000 square foot industrial distribution building on 3.4 acres which is 100% leased to one tenant. The property was purchased by Terreno Realty Corporation on September 25, 2012 for $8.9 million. The unleveraged internal rate of return generated by the investment was 11.1%.
Terreno Realty Corporation acquires, owns and operates industrial

Terreno Realty Corporation Sells Property in Miami, FL for $21.3 Million

Thu, 27 Aug 2026 09:15:00 -0400

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Miami, Florida on August 26, 2026 for a sale price of approximately $21.3 million.
The property consists of a 113,000 square foot industrial distribution building on 3.4 acres which is 100% leased to one tenant. The property was purchased by Terreno Realty Corporation on September 25, 2012 for $8.9 million. The unleveraged internal rate of return generated by the investment was 11.1%.
Terreno Realty Corporation acquires, owns and operates industrial

Terreno Realty Corporation Sells Property in Miami, FL for $21.3 Million

Thu, 27 Aug 2026 09:15:00 -0400

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Miami, Florida on August 26, 2026 for a sale price of approximately $21.3 million.
The property consists of a 113,000 square foot industrial distribution building on 3.4 acres which is 100% leased to one tenant. The property was purchased by Terreno Realty Corporation on September 25, 2012 for $8.9 million. The unleveraged internal rate of return generated by the investment was 11.1%.
Terreno Realty Corporation acquires, owns and operates industrial

Terreno Realty buys Redmond, WA industrial property for $8M

Thu, 20 Aug 2026 09:15:24 -0400

Terreno Realty Corporation (NYSE: TRNO) acquired an industrial property in Redmond, Washington on August 19, 2026, for approximately $8.0 million, according to a company press release.

The property, located at 9680 153rd Avenue NE, consists of one industrial distribution building with approximately 21,000 square feet on 1.5 acres. It offers five grade-level loading positions and parking for 56 cars. The site is adjacent to an existing Terreno property at 9660 153rd Avenue NE on Seattle's Eastside.

The property is currently vacant. Terreno estimates a stabilized cap rate of 5.9%, calculated as annualized cash basis net operating income stabilized to market occupancy of

Terreno Realty buys Redmond, WA industrial property for $8M

Thu, 20 Aug 2026 09:15:24 -0400

Terreno Realty Corporation (NYSE: TRNO) acquired an industrial property in Redmond, Washington on August 19, 2026, for approximately $8.0 million, according to a company press release.

The property, located at 9680 153rd Avenue NE, consists of one industrial distribution building with approximately 21,000 square feet on 1.5 acres. It offers five grade-level loading positions and parking for 56 cars. The site is adjacent to an existing Terreno property at 9660 153rd Avenue NE on Seattle's Eastside.

The property is currently vacant. Terreno estimates a stabilized cap rate of 5.9%, calculated as annualized cash basis net operating income stabilized to market occupancy of

Terreno Realty Corporation Acquires Property in Redmond, WA for $8.0 Million

Thu, 20 Aug 2026 09:15:00 -0400

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Redmond, Washington on August 19, 2026 for a purchase price of approximately $8.0 million.
The property consists of one industrial distribution building containing approximately 21,000 square feet on 1.5 acres. The property is at 9680 153rd Avenue NE, immediately adjacent to Terreno Realty Corporation’s property at 9660 153rd Avenue NE on Seattle’s Eastside, provides five grade-level loading positions and parking for 56 cars. The property is vacant and the estimated

Terreno Realty Corporation Acquires Property in Redmond, WA for $8.0 Million

Thu, 20 Aug 2026 09:15:00 -0400

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Redmond, Washington on August 19, 2026 for a purchase price of approximately $8.0 million.
The property consists of one industrial distribution building containing approximately 21,000 square feet on 1.5 acres. The property is at 9680 153rd Avenue NE, immediately adjacent to Terreno Realty Corporation’s property at 9660 153rd Avenue NE on Seattle’s Eastside, provides five grade-level loading positions and parking for 56 cars. The property is vacant and the estimated

Terreno Realty Corporation Acquires Property in Redmond, WA for $8.0 Million

Thu, 20 Aug 2026 09:15:00 -0400

BELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Redmond, Washington on August 19, 2026 for a purchase price of approximately $8.0 million.
The property consists of one industrial distribution building containing approximately 21,000 square feet on 1.5 acres. The property is at 9680 153rd Avenue NE, immediately adjacent to Terreno Realty Corporation’s property at 9660 153rd Avenue NE on Seattle’s Eastside, provides five grade-level loading positions and parking for 56 cars. The property is vacant and the estimated