Business
Terreno Realty Corporation Announces Leases in Hialeah, FL
BELLEVUE, Wash., November 21, 2025--Terreno Realty Corporation Announces Leases in Hialeah, FL – Countyline Building 36 100% pre-leased
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/814d2e808f329252cfc754a47f768b0e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/mrqtFymo34.JCpmBdjWcxw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTgyNTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/814d2e808f329252cfc754a47f768b0e","width":410,"height":480}},"lazy":false},{"type":"text","content":"– Countyline Building 36 100% pre-leased","length":40,"tagName":"p"},{"type":"text","content":"BELLEVUE, Wash., November 21, 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 pre-leased 76,000 square feet in Countyline Corporate Park Phase IV Building 36 to a manufacturer and distributor of plantain products commencing upon building completion and tenant build-out expected to be in the first quarter of 2027 and expiring July 2037. A previously announced pre-lease of 108,000 square feet with an international logistics management company specializing in freight forwarding and consolidating services commencing with building completion and tenant build-out, expected to be in the first quarter of 2027, and expiring June 2037, has been expanded by 29,000 square feet bringing Building 36 to 100% pre-leased. Building 36 recently commenced construction and is expected to achieve LEED certification with a total expected investment of $56.2 million. The estimated stabilized cap rate is 5.8%.","length":1034,"tagName":"p"},{"type":"text","content":"Countyline Corporate Park Phase IV consists of a 121-acre project entitled for 2.2 million square feet of industrial distribution buildings in Miami’s Countyline Corporate Park ("Countyline"), immediately adjacent to Terreno Realty Corporation’s seven buildings within Countyline (Countyline Corporate Park Phase III). Countyline is a landfill redevelopment adjacent to Florida’s Turnpike and the southern terminus of I-75 located at the intersection of NW 170th Street and NW 107th Avenue. At expected completion in 2027, Countyline Corporate Park Phase IV is expected to contain ten LEED-certified industrial distribution buildings totaling approximately 2.2 million...