Terreno Realty Corporation Announces Redevelopment Completion in Hawthorne, CA [Yahoo! Finance]
Terreno Realty Corporation (TRNO)
Last terreno realty corporation earnings: 2/6 04:04 pm
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Source: Yahoo! Finance
acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has completed the redevelopment and stabilization of Terreno 147th Street in Hawthorne, California effective November 15, 2024. Terreno 147th Street, formerly an improved land parcel, is a 31,000 square foot industrial distribution building on 1.3 acres with four dock-high and one grade-level loading positions and parking for 35 cars, including four electric car charging positions. The property is 100% leased to an atomic energy company commencing with building completion and ending April 2028. The building is expected to achieve LEED certification, the total expected investment is $15.6 million and the estimated stabilized cap rate is 5.6%. Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy (generally 95%) divided by total acquisition cost. Total acquisition cost includes the initial purchase price,
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TRNO
News
- Terreno Realty Corporation Acquires Property in Brooklyn, NY, for $156.3 MillionBusiness Wire
- Terreno Realty Corporation Sells Property in Newark, NJ for $29.8 MillionBusiness Wire
- Terreno Boosts Portfolio With Acquisition in Long Island City Queens [Yahoo! Finance]Yahoo! Finance
- 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 Long Island City Queens, NY for $7.6 MillionBusiness Wire
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