Terreno Realty Corporation Sells Property in Newark, NJ for $29.8 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, sold an industrial property located in Newark, New Jersey on December 10, 2024 for a sale price of approximately $29.8 million.The property consists of a 5.7-acre improved land parcel which is 100% leased to one tenant. The property was purchased by Terreno Realty Corporation on June 29, 2017 for approximately $8.8 million. The unleveraged internal rate of return generated by the investment was 14.9%.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 Realty Corporation is available on the company’s web site at www.terreno.com.Forward-Looking StatementsThis press release contains forward-looking statements within t
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News
- Terreno Realty Corporation Acquires Property in Brooklyn, NY, for $156.3 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
- Why Mosaic, Spire And Terreno Realty Are Winners For Passive Income [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