Terreno Realty Corporation · NYSE:TRNO

Terreno Realty — Q2 2015 Earnings Presentation

16 slides from Terreno Realty's earnings presentation, Aug 5, 2015

  1. Slide 1: Terreno Realty Corporation Q2 2015 Update

    Terreno Realty Corporation Q2 2015 Update August 5, 2015

  2. Slide 2: Forward Looking Statements

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Forward Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact are forward-lo

  3. Slide 3: Investment Strategy

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Investment Strategy Unique and Highly Selective Focus on Functional Assets Market Approach in Infill Locations  Acquire, own and operate industrial real estate in six  Broad product opportunity set(1)

  4. Slide 4: Recent Highlights

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Recent Highlights Occupancy Investment Activities  Year-to-date through August 5, 2015, closed approximately Portfolio Same Store $178.2 million of acquisitions comprising approximately 1.5 million squ

  5. Slide 5: Current Portfolio Overview

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Current Portfolio Overview Key Metrics(1) Current Portfolio by Geography (2) Square Feet 10.5 million Seattle 8.8% Number of Buildings 137 Northern New Jersey / New York City 24.8% San Francisco Bay Are

  6. Slide 6: Selected Recent Acquisitions

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Selected Recent Acquisitions  Purchase Price: $115.5 million  Estimated Stabilized Cap Rate: 5.8% V Street  Size: Six industrial buildings, 820,000 square feet on approximately 18.9 acres making Terr

  7. Slide 7: Selected Examples of Value Creation

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Selected Examples of Value Creation  In addition to the acquisition and operation of core properties, Terreno has successfully stabilized 29 of 42 value- added investments to date. Since its IPO, appro

  8. Slide 8: Value Creation – Warm Springs

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Value Creation – Warm Springs  Location: Fremont, CA  Size: Two buildings, 141,000 SF  Acquisition Price: $7.3 million, $52 PSF  Sale Price: $13.4 million, $95 PSF  Occupancy: 50% occupied at acqui

  9. Slide 9: Value Creation – 240 Littlefield

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Value Creation – 240 Littlefield BEFORE  Location: South San Francisco, CA  Size: One building, 69,500 SF  Acquisition Price: $8.4 million, $114 PSF  Occupancy: Vacant AFTER at acquisition; lease ex

  10. Slide 10: Market Leading Corporate Structure

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Market Leading Corporate Structure Management Alignment Corporate Governance  Executive Team’s long-term incentive  Majority independent directors with diverse compensation fully aligned with stockhol

  11. Slide 11: Key Takeaways

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Key Takeaways  Focused strategy – Six major coastal US markets exclusively – Flexible and functional assets in infill locations  Acquisition opportunities across our target markets at discounts to rep

  12. Slide 12: Appendix

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Appendix 12

  13. Slide 13: Appendix: Statements Of Operations

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Appendix: Statements Of Operations CONSOLIDATED STATEMENTS OF OPERATIONS For the Three Months Ended June 30, For the Six Months Ended June 30, 2015 2014 2015 2014 REVENUES Rental revenues $ 19,444 $ 13,

  14. Slide 14: Appendix: Supplemental Components of NAV

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Appendix: Supplemental Components of NAV For the Three Q2 2015 Acquisitions Months Ended June COMPONENTS OF NET OPERATING INCOME 30, 2015 Purchase Estimated Price Stabilized Leased % at Total revenues $

  15. Slide 15: Appendix: Net Income, FFO and Adjusted FFO

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Appendix: Net Income, FFO and Adjusted FFO For the Three Months Ended June 30, For the Six Months Ended June 30, NET INCOME, FFO AND ADJUSTED FFO 2015 2014 2015 2014 Total revenues $ 24,237 $ 16,610 $ 4

  16. Slide 16: Appendix: Same Store and Disposition Results

    SACRAMENTO2013\Investor Presentation\Terreno Realty Roadshow Presentation (July 10, 2013) v7.pptx Appendix: Same Store and Disposition Results For the Three Months For the Six Months Ended Ended June 30, June 30, SAME STORE GROWTH (1) 2015 2014 $ Change % Change 2015 2014 $ Change % Change Net incom

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