Terreno Realty Aktie 10835338 / US88146M1018
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05.12.2025 16:21:23
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Terreno Realty Acquires Maryland Industrial Property For About $50 Mln
(RTTNews) - Terreno Realty Corp. (TRNO) on Friday acquired an industrial property in Hyattsville, Maryland, for about $50 million.
This site features a 180,000-square-foot distribution building that loads from the rear, sitting on 14.1 acres conveniently close to major highways just outside of Washington, D.C.
The company is looking at a total investment of around $57.6 million, with a projected stabilized cap rate of 5.2 percent. Terreno Realty operates industrial real estate in six key coastal markets across the U.S.
TRNO is currently trading at $62.33, down $0.09 or 0.14 percent on the New York Stock Exchange.
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| Terreno Realty Corp | 53.00 | 0.00% |
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