Business
Terreno Realty Corporation Closes $200 Million Five-Year Unsecured Term Loan
BELLEVUE, Wash., January 08, 2026--Terreno Realty Corporation Closes $200 Million Five-Year Unsecured Term Loan
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/586ad54ddb81c7a6a5339bbf11d885de"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/8T4wdJ6Hvamhh2jj0KXj2A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTgyNTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/586ad54ddb81c7a6a5339bbf11d885de","width":410,"height":480}},"lazy":false},{"type":"text","content":"BELLEVUE, Wash., January 08, 2026--(BUSINESS WIRE)--Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced the closing of a new $200 million five-year unsecured term loan. The new five-year unsecured term loan will mature on January 15, 2031, and the interest rate generally will be SOFR plus 1.15% to 1.65%, depending on leverage. Additionally, the previous 10 basis point SOFR credit spread adjustment premium was eliminated on all credit facility borrowings, including term loans. The current interest rate is SOFR plus 1.15%, and proceeds from the term loan were used to reduce borrowings under Terreno Realty Corporation’s $600 million revolving credit facility and for general corporate purposes.","length":791,"tagName":"p"},{"type":"text","content":"KeyBanc Capital Markets, PNC Capital Markets LLC, Regions Capital Markets, U.S. Bank National Association, The Huntington National Bank and Citizens National Bank, N.A. served as joint lead arrangers and KeyBank National Association is the administrative agent. PNC Bank, National Association, Regions Bank, U.S. Bank National Association, The Huntington National Bank and Citizens National Bank, N.A. served as co-syndication agents. Other key participants were The Bank of Nova Scotia, BMO Bank N.A., Goldman Sachs Bank USA and Truist Bank.","length":542,"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"...