Business
Terreno Realty Corporation Sells Property in Santa Fe Springs, CA for $11.0 Million
BELLEVUE, Wash., August 08, 2025--Terreno Realty Corporation Sells Property in Santa Fe Springs, CA for $11.0 Million
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/32acb0451336a5c8f05f1fd97e4cd71e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/AhMIb4Ep5JrzJtZXJPqlKw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTgyNTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/32acb0451336a5c8f05f1fd97e4cd71e","width":410,"height":480}},"lazy":false},{"type":"text","content":"BELLEVUE, Wash., August 08, 2025--(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 Santa Fe Springs, California on August 7, 2025 for a sale price of approximately $11.0 million.","length":318,"tagName":"p"},{"type":"text","content":"The property consists of a 2.3-acre improved land parcel which is 100% leased. The property was purchased by Terreno Realty Corporation on November 14, 2018 for $6.4 million. The unleveraged internal rate of return generated by the investment was 13.2%.","length":253,"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,&quo...