Business
Terreno Realty Corporation Announces Lease Buyouts in Carlstadt, NJ and Hayward, CA
BELLEVUE, Wash., December 22, 2025--Terreno Realty Corporation Announces Lease Buyouts in Carlstadt, NJ and Hayward, CA
About this update from Terreno Realty Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":410,"height":480,"url":"https://media.zenfs.com/en/business-wire.com/6c3fa62e559252111237c8823b7d43d8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/kYA48TGwAgGnZ5lkfcNXcw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTgyNTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/6c3fa62e559252111237c8823b7d43d8","width":410,"height":480}},"lazy":false},{"type":"text","content":"BELLEVUE, Wash., December 22, 2025--(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 purchased in bankruptcy two long-term leases encumbering Terreno Realty Corporation properties which will be terminated effective December 31, 2025 for $1.25 million. The properties are land parcels of 12.7 acres in Carlstadt, New Jersey and 10.2 acres in Hayward, California improved currently with transshipment facilities that will be available for release or redevelopment.","length":596,"tagName":"p"},{"type":"text","content":"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.","length":221,"tagName":"p"},{"type":"text","content":"Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.","length":114,"tagName":"p"},{"type":"text","content":"Forward-Looking Statements","length":26,"tagName":"p"},{"type":"text","content":"This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words "anticipate," "believe," "estimate," "expect," "intend," "may," "might," "plan," "project," "result," "should," "will," "seek," "target," "see," "likely," "position," "opportunity," "outlook," "p...