Terreno Realty Corporation Acquires Property in Doral, FL for $195.6 Million
Terreno Realty Corporation (TRNO)
Last terreno realty corporation earnings: 2/6 04:04 pm
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Source: Business Wire
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 Terreno Doral Air Logistics, an industrial property located in Doral, Florida on December 27, 2024 for a purchase price of approximately $195.6 million.The property consists of three 36-foot clear height rear-load industrial distribution buildings containing approximately 495,000 square feet on 23.4 acres. The property is at 7725-7785 NW 41st Street, immediately adjacent to the Palmetto Expressway and approximately one mile from the MIA Cargo Viaduct and two miles from the Dolphin Expressway and Miami International Airport, provides 110 dock-high and six grade-level loading positions and parking for 528 cars (including 11 EV charging positions). The property is 76% leased to six tenants and the estimated stabilized cap rate is 4.6%.Estimated stabilized cap rates are calculated as annualized cash basis net op
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News
- Terreno Realty Co. (NYSE: TRNO) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $72.00 price target on the stock.MarketBeat
- Terreno Realty Corporation Acquires Property in Queens, NY for $50.1 MillionBusiness Wire
- Terreno Realty acquires property in Florida for ~$195.6M [Seeking Alpha]Seeking Alpha
- Terreno Realty Corporation Acquires Property in Doral, FL for $195.6 Million [Yahoo! Finance]Yahoo! Finance
- Terreno Realty Concludes Redevelopment in Rancho Dominguez [Yahoo! Finance]Yahoo! Finance
TRNO
Earnings
- 11/6/24 - Miss
TRNO
Sec Filings
- 11/14/24 - Form SC
- 11/7/24 - Form SC
- 11/6/24 - Form 10-Q
- TRNO's page on the SEC website