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Stock impact report

Terreno Realty Announces Lease at Avenel, Sees Healthy Demand [Yahoo! Finance]

Terreno Realty Corporation (TRNO) 
Last terreno realty corporation earnings: 2/6 04:04 pm Check Earnings Report
US:NYSE Investor Relations: terreno.com
Company Research Source: Yahoo! Finance
This lease with a leading national wholesale tire distributor will commence on Dec. 31, 2024, and is slated for expiry in January 2030. This real estate investment trust (REIT), which acquires, owns and operates industrial real estate in six major coastal U.S. markets, has been experiencing healthy demand for its properties from both existing and new tenants. On Nov. 7, 2024, the company announced the execution of an early lease renewal in Jamaica Queens, NY, with a manufacturer of pre-cooked meals. The 50,000-square-foot lease, originally set to expire in September 2026, has been extended until September 2036. Apart from these, on Oct. 1, 2024, Terreno also announced that it has executed a 75,000-square-foot lease in Elizabeth, NJ. This lease with a third-party logistics provider is commenced on Sept. 30, 2024, and is set to expire in January 2028. TRNO's operating portfolio was 97% leased to 675 tenants as of Sept. 30, 2024. Its same-store portfolio of 14.6 million square feet Show less Read more
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