TRNO - Mergers and acquisitions

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 executed an early lease renewal for 107,000 square feet in Kent, Washington with a provider of flooring products and services. The lease will commence May 1, 2027 and expire July 2032. 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. Additional information about Terreno Realty Corporation is available on the company's web site at www.terreno.com. Forward-Lo

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 executed a pre-lease for a 4.6-acre improved land parcel in Elizabeth, New Jersey with a truck sale and lease operator. The lease will commence November 1, 2026 immediately upon expiration of an existing tenant lease and will expire January 2034. 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. Additional information about Terreno Realty Corporation is availa

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in San Francisco, California on June 4, 2026 for a purchase price of approximately $25.9 million. The property consists of one industrial distribution building containing approximately 65,000 square on 3.8 acres. The property is at 201-395 Mendell Street, in San Francisco's India Basin neighborhood, and provides 17 dock-high and 10 grade-level loading positions and parking for 95 cars. The building is 100% leased to four tenants all of which expire by May 2031. The estimated stabilized cap rate is 5.5%. Estimated sta

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending June 30, 2026 of $0.52 per common share. The dividend will be payable on July 10, 2026 to common stockholders of record at the close of business on June 26, 2026. Terreno Realty Corporation filed its quarterly report on Form 10-Q for the quarter ended March 31, 2026 with the U.S. Securities and Exchange Commission. The financial statements and supplemental financial information are available in the Investors & Media section of Terreno Realty Corporation's website, www.terreno.com. Terreno Realty Corpo

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 executed a lease for a transshipment facility on 10.2 acres in Hayward, California with a fully autonomous all-electric ride-hailing provider. The lease commenced March 13, 2026 and will expire March 2031. 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. Additional information about Terreno Realty Corporation is available on the company's web site at www.terr

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 executed an early lease renewal for 68,000 square feet in Washington, D.C. with a provider of educational services. The lease will commence December 1, 2026 and expire December 2031. 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. Additional information about Terreno Realty Corporation is available on the company's web site at www.terreno.com. Forward-Look

– Countyline Corporate Park Phase IV Building 34 100% leased 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 completed the development and stabilization of Countyline Corporate Park Phase IV Building 34 in Hialeah, Florida. Building 34 is 100% leased to three tenants. Building 34 of Terreno Realty Corporation's Countyline Corporate Park is a 220,000 square foot 36-foot clear height rear-load industrial distribution building on 13.0 acres with 76 dock-high and two grade-level loading positions and parking for 188 cars. The building is expected to achieve LEED certification, the

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 executed an early lease renewal for 27,000 square feet in Washington, D.C. with the Supreme Court of the United States. The lease, which was to expire in 2032, will now expire March 2036. In addition, the Supreme Court has leased an adjacent vacant 29,000 square feet. The lease of the currently vacant space commenced April 1, 2026 and will expire March 2036. 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 Fra

96.3% quarter-end occupancy compared to prior quarter of 96.1% and prior year of 96.6% 97.6% quarter-end same-store occupancy compared to prior quarter of 97.6% and prior year of 96.4% 22.4% increase in cash rents on new and renewed leases and tenant retention ratio of 72.6% $101.8 million of acquisitions $24.4 million of acquisitions under contract or letter of intent $55.1 million of dispositions; $86.2 million year-to-date $12.8 million of dispositions under contract Completed the development and stabilization of one property with a total expected investment of $43.4 million Issued 2,081,288 shares of common stock at $64.85 per share under ATM for gross proceeds

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 Torrance, California on April 7, 2026 for a sale price of approximately $31.1 million. The property consists of a 99,000 square foot industrial distribution building on 4.7 acres which is 100% leased. The property was purchased by Terreno Realty Corporation on January 31, 2018 for $17.5 million. The unleveraged internal rate of return generated by the investment was 10.3%. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey;

-Countyline Building 35 100% pre-leased 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 220,000 square feet in Countyline Corporate Park Phase IV Building 35 in Hialeah, Florida to a national tire distributor commencing with building completion and tenant build-out, expected to be in the fourth quarter of 2026, and expiring July 2032. Building 35, the final of ten buildings developed by Terreno Realty Corporation in Countyline Corporate Park, is under construction and is expected to achieve LEED certification with a total expected investment of $51.3 million. The est

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 executed an early lease renewal for a 3.5-acre improved land parcel in Newark, New Jersey with a leading national full-service equipment rental firm. The lease, which was to expire August 2027, will expire February 2036. 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. Additional information about Terreno Realty Corporation is available on the company's web s

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 Gardena, California on March 18, 2026 for a sale price of approximately $44.0 million. The property consists of two industrial distribution buildings containing 231,000 square foot on 11.1 acres which is currently under redevelopment. The property was purchased by Terreno Realty Corporation on December 15, 2017 for $37.6 million. The unleveraged internal rate of return generated by the investment was 6.3%. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets:

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 executed a lease for 88,000 square feet in Countyline Corporate Park Building 25 in Hialeah, Florida with a provider of export and reverse logistics. The lease commences July 1, 2026 and will expire December 2031. In order to facilitate the new lease Terreno Realty Corporation negotiated an early termination with the existing tenant whose lease was to expire August 31, 2026. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angele

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 Lanham, Maryland on March 6, 2026 for a sale price of approximately $11.1 million. The property consists of a 56,000 square foot light industrial building on 4.5 acres which is 100% leased. The property was purchased by Terreno Realty Corporation on December 11, 2013 for $5.6 million. The unleveraged internal rate of return generated by the investment was 10.8%. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angele

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 executed an early lease renewal for a 2.8-acre improved land parcel in Gardena, California with a provider of container drayage services. The lease, which was to expire in May 2026, will now expire August 2029. In addition, the tenant has leased an immediately adjacent 2.3-acre improved land parcel which will commence April 1, 2026 upon termination of an existing tenant lease and will expire August 2029. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/N

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 executed three full-building leases totaling 145,000 square feet in Redondo Beach, California with a domestic energy company. The leases commence March 1, 2026 for 45,000 square feet, June 1, 2026 for 51,000 square feet and March 1, 2027 for 49,000 square feet, all immediately upon expiration or termination of existing leases. The three leases will expire December 2031. To facilitate the new leases, Terreno Realty Corporation terminated effective February 28, 2026 an in-place lease for 45,000 square feet that was to expire April 30,

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in the Bronx, New York on February 20, 2026 for a purchase price of approximately $9.8 million. The property consists of an industrial distribution building containing approximately 38,000 square feet on 0.9 acres. The property is at 175 Canal Street West, immediately adjacent to the Major Deegan Expressway (I-87) and between the Third Avenue and Madison Avenue bridges. The property is 100% leased for one year. At lease expiration Terreno Realty Corporation will demolish a portion of the building and construct improvem

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 executed a lease for 66,000 square feet in Rancho Dominguez, California with a manufacturer and distributor of laboratory reagents, stains and disinfectants. The lease will commence June 1, 2026, immediately after the current lease expires, and will expire September 2036. 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. Additional information about Terreno Re

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in College Point, Queens, New York on February 18, 2026 for a purchase price of approximately $92.0 million. The property consists of a cross-dock industrial distribution building containing approximately 81,000 square feet with an additional two floors of indoor parking on 4.0 acres. The property is at 28-10 Whitestone Expressway, immediately adjacent to the Whitestone Expressway, approximately 1 mile from the Van Wyck Expressway and Grand Central Parkway and approximately 3 miles east of LaGuardia airport. The proper

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending March 31, 2026 of $0.52 per common share. The dividend will be payable on April 10, 2026 to common stockholders of record at the close of business on March 27, 2026. Terreno Realty Corporation filed its annual report on Form 10-K for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission. The financial statements and supplemental financial information are available in the Investors & Media section of Terreno Realty Corporation's website, www.terreno.com. Terreno Realty Corpo

Terreno Realty Corporation (NYSE:TRNO) , an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today the income tax treatment of its 2025 dividend distributions to holders of its common stock. For holders of Terreno Realty Corporation common stock, the 2025 distribution of $1.91 per share includes a portion of one quarterly distribution declared in 2024 and paid in 2025, three quarterly distributions declared and paid in 2025, and a portion of one quarterly distribution declared in 2025 and paid in 2026. The distribution characteristics are as follows: Security Record Date Date Paid Dividend per Share 2025 Ordinary Taxable Dividend

-Countyline Corporate Park Phase IV Building 32 100% leased 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 completed the development and stabilization of Countyline Corporate Park Phase IV Building 32 in Hialeah, Florida. Building 32 is 100% leased to two tenants. Building 32 of Terreno Realty Corporation's Countyline Corporate Park is a 164,000 square foot 36-foot clear height rear-load industrial distribution building on 8.3 acres with 53 dock-high and two grade-level loading positions and parking for 148 cars. The building is expected to achieve LEED certification, the tota

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 facil

96.1% quarter-end occupancy compared to prior quarter of 96.2% and prior year of 97.4% 97.2% quarter-end same-store occupancy compared to prior quarter of 98.6% and prior year of 98.2% 29.8% increase in cash rents on new and renewed leases; 25.4% increase for the full year $87.4 million of acquisitions; full year acquisitions of $683.5 million $21.2 million of acquisitions under contract or letter of intent $144.2 million of dispositions; full year dispositions of $386.4 million $62.7 million of dispositions under contract Commenced the development of one property with a total expected investment of $55.5 million; during 2025 commenced development of two properties wit

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today a full-property lease for a redevelopment property in Long Island City, Queens, New York. The property consists of one industrial distribution building containing approximately 48,000 square feet on 2.2 acres. The property is at 49-10 27th Street, adjacent to the entrance to the Queens-Midtown Tunnel, and provides ten dock-high and 14 grade-level loading positions with a total investment of $35.8 million. The redeveloped property is 100% leased to a contractor and rigging provider commencing December 2025 and expiring August 2036. The estimat

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 purchased in bankruptcy two long-term leases encumbering Terreno Realty Corporation properties which will be terminated effective December 31, 2025 for $1.25 million. The properties are land parcels of 12.7 acres in Carlstadt, New Jersey and 10.2 acres in Hayward, California improved currently with transshipment facilities that will be available for release or redevelopment. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angele

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 executed a lease for 117,000 square feet in Doral, Florida with an international freight forwarder and provider of customs brokerage, warehousing and inland transportation. The lease will commence December 31, 2025 and expire December 2036. 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. Additional information about Terreno Realty Corporation is available on t

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Tukwila, Washington on December 12, 2025 for a purchase price of approximately $27.1 million. The property consists of one industrial distribution building containing approximately 121,000 square feet on 7.1 acres. The property is at 510 Andover Park West in the northern Kent Valley, less than one mile from the intersection of I-5 and I-405, and provides 19 dock-high, two ramped and three grade-level loading positions and parking for 122 cars. The property is 100% leased to one tenant expiring February 2027. After te

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 executed an early lease renewal for 84,000 square feet in Woodinville, Washington with a premium-grade salt provider. The lease will commence November 1, 2026 and expire December 2033. 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. Additional information about Terreno Realty Corporation is available on the company's web site at www.terreno.com. Forward-Looki

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 executed an early lease renewal for 107,000 square feet in Washington, D.C. with the United States Secret Service. The lease will commence February 13, 2026 and expire February 2029. 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. Additional information about Terreno Realty Corporation is available on the company's web site at www.terreno.com. Forward-Looking

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Hyattsville, Maryland on December 4, 2025 for a purchase price of approximately $50.0 million. The property consists of a rear-load industrial distribution building containing approximately 180,000 square feet on 14.1 acres. The property is at 2300 Craftsman Circle, adjacent to the intersection of the Baltimore-Washington Parkway and U.S. Route 50 approximately 1 mile outside Washington, D.C. and provides 45 dock-high and one grade-level loading positions and parking for 156 cars. The building is shell complete only.

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 commenced construction of Countyline Corporate Park Phase IV Building 35 in Hialeah, Florida; the tenth and final building to be developed in Countyline Corporate Park Phase IV. Building 35 of Terreno Realty Corporation's Countyline Corporate Park is a 220,000 square foot 36-foot clear height rear-load industrial distribution building on 10.7 acres with 78 dock-high and two grade-level loading positions and parking for 185 cars. Building 35 is expected to complete shell construction in the fourth quarter of 2026 and achieve LEED cer

– Countyline Building 36 100% pre-leased 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

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Long Island City Queens, New York on November 17, 2025 for a purchase price of approximately $4.7 million. The property consists of a 0.5-acre improved land parcel at 4-28 33rd Street. The property is immediately adjacent to Terreno Realty Corporation's property at 43-27 33rd Street, adjacent to New York State Route 25 (Queens Boulevard) and approximately one mile from the Queensboro (59th Street) bridge. The property is 35% leased to one tenant and the estimated stabilized cap rate is 6.4%. Estimated stabilized c

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 executed a lease for 112,000 square feet in Countyline Corporate Park Building 30 in Hialeah, Florida with a designer and manufacturer of air-to-water technology that produces water from humidity in the air. The lease is expected to commence May 1, 2026 upon completion of tenant improvements and will expire October 2036. Further, Terreno Realty Corporation has executed a lease for 61,000 square feet in Countyline Corporate Park Building 30 with an international freight forwarder and logistics provider. The lease is expected to comme

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced the addition of Paul J. Donahue, Jr. as an independent director effective November 4, 2025, expanding its Board of Directors to eight. Mr. Donahue is Managing Partner and Co-Founder of Black Squirrel Partners, a growth equity and content platform. Mr. Donahue retired from Morgan Stanley in 2020 after a 32-year career serving most recently as Head of Americas Equity Capital Markets and Chairman of the Equity Underwriting Committee. Mr. Donahue earned degrees in Business Economics and Organizational Behavior & Management from Brown University. Mr. Dona

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 executed a lease for 226,000 square feet in Newark, California with an Original Design Manufacturer of cloud computing hardware. The lease commenced November 1, 2025 and will expire May 2036. To facilitate the new lease, Terreno Realty Corporation terminated effective October 31, 2025 the in-place lease that was to expire June 2030 and received a negotiated early termination payment from the prior tenant of approximately $13.5 million. In addition, Terreno Realty Corporation will record a net increase in revenue of approximately $4.

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in South San Francisco, California on October 15, 2025 for a purchase price of approximately $5.6 million. The property consists of one industrial distribution building containing approximately 18,000 square feet and one 0.2-acre improved land parcel on 1.0 acres. The property is at 250 South Maple Avenue, between San Francisco International Airport and the City of San Francisco, and provides seven grade-level loading positions and parking for 19 cars. The building is 73% leased to four tenants and the improved land pa

96.2% quarter-end occupancy compared to prior quarter of 97.7% and prior year of 97.0% 98.6% quarter-end same-store occupancy compared to prior quarter of 98.5% and prior year of 97.1% 17.2% increase in cash rents on new and renewed leases; 23.8% increase year-to-date $472.6 million of acquisitions; $596.1 million year-to-date $59.8 million of acquisitions under contract or letter of intent $102.8 million of dispositions; $386.4 million year-to-date $8.8 million of dispositions under contract Commenced the development of one property with a total expected investment of $54.1 million Completed the development and stabilization of one property with a total expected in

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 South Brunswick, New Jersey on October 6, 2025 for a sale price of approximately $144.2 million. The property consists of a 603,000 square foot industrial distribution building on 35.5 acres which is 100% leased. The original property consisting of 413,000 square feet was purchased by Terreno Realty Corporation on September 29, 2010 for $22.5 million. In 2013 Terreno Realty Corporation acquired the adjacent land and expanded the building by 190,000 square feet for an additional investment of $13.6 million. The unleverag

-Building 51% pre-leased 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 commenced construction of Countyline Corporate Park Phase IV Building 36 in Hialeah, Florida. Building 36 of Terreno Realty Corporation's Countyline Corporate Park is a 214,000 square foot 36-foot clear height rear-load industrial distribution building on 11.7 acres with 75 dock-high and two grade-level loading positions and parking for 185 cars. Building 36 has been 51% pre-leased to an international logistics management company specializing in freight forwarding and consolidating services commencing wit

- Countyline Building 34 100% leased - All eight buildings constructed to date in Phase IV fully leased 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 leased 100% of Countyline Corporate Park Phase IV Building 34 in Hialeah, Florida. Terreno Realty Corporation previously announced a pre-lease for 153,000 square feet with a cruise ship industry provider of non-perishable food items and food service supplies. That lease commenced on September 10, 2025, upon building shell completion and tenant build-out and expires March 2033. Terreno Realty Corporation has executed a lease fo

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 executed a lease renewal for a 4.9-acre land parcel improved with a rail transshipment facility in Lynwood, California with a distributor of liquid food product. The lease will commence January 1, 2026 and expire December 2037. 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. Additional information about Terreno Realty Corporation is available on the company'

- Completes $426.9 Million Multi-Market Portfolio Acquisition Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired industrial properties located in Doral, Florida and Kearny, New Jersey on September 9, 2025 for a purchase price of approximately $194.3 million. The portfolio consists of three industrial distribution buildings containing approximately 509,000 square feet on 27.6 acres. The portfolio is approximately 36% leased to five tenants. The acquisition completes a multi-market portfolio of approximately 1.2 million square feet for a total purchase price of $426.9 million. Terreno Realty Corpo

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in South San Francisco, California on September 5, 2025 for a purchase price of approximately $10.2 million. The property consists of one industrial distribution building containing approximately 32,000 square feet on 1.1 acres. The property is at 258 Littlefield Avenue, between San Francisco International Airport and the City of San Francisco and immediately adjacent to Terreno Realty Corporation's property at 240 Littlefield Avenue, and provides four dock-high positions and parking for 24 cars. The property is 100% l

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 executed an early lease renewal for 63,000 square feet in Seattle, Washington with a co-warehousing services provider. The lease will commence July 1, 2026 and expire June 2033. 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. Additional information about Terreno Realty Corporation is available on the company's web site at www.terreno.com. Forward-Looking S

-Countyline Corporate Park Phase IV Building 33 100% leased 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 completed the development and stabilization of Countyline Corporate Park Phase IV Building 33 in Hialeah, Florida effective September 30, 2025. Building 33 is 100% leased to three tenants. Building 33 of Terreno Realty Corporation's Countyline Corporate Park is a 158,000 square foot 36-foot clear height rear-load industrial distribution building on 9.0 acres with 53 dock-high and two grade-level loading positions and parking for 136 cars. The building is expected to achie

— Countyline Building 32 100% leased 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 leased 100% of Countyline Corporate Park Phase IV Building 32 in Hialeah, Florida. A previously announced ten-year lease for 82,000 square feet, with an aircraft engine maintenance, repair and overhaul provider has been expanded to 92,000 square feet, and commenced upon completion of tenant improvements in August 2025. In addition, Terreno Realty Corporation has signed a lease for 72,000 square feet with a distributor of Asian food products that will commence upon completion of tenant improveme

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired a portfolio of industrial properties located in Woodinville, Washington on August 12, 2025 for a purchase price of approximately $232.6 million. The portfolio consists of nine industrial distribution buildings containing approximately 720,000 square feet on 42.8 acres. The properties are on Woodinville-Redmond Road and are approximately 91% leased to 26 tenants. The portfolio is part of a multi-market portfolio of approximately 1.2 million square feet that includes two buildings in Miami and one building in Northern New Jersey for a total expected

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 executed an early lease renewal for 52,000 square feet in Washington, D.C. with a wine and spirits distributor. The lease will commence April 1, 2026 and expire March 2031. 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. Additional information about Terreno Realty Corporation is available on the company's web site at www.terreno.com. Forward-Looking Statem

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Redondo Beach, California on August 8, 2025 for a purchase price of approximately $35.5 million. The property consists of two industrial distribution buildings containing approximately 100,000 square feet on 5.1 acres. The property is at 3700 and 3730 Redondo Beach Avenue, west of I-405 and immediately adjacent to Terreno Realty Corporation's 6.7-acre property at 2411 Santa Fe Avenue, and provides 16 dock-high and three grade-level loading positions and parking for 88 cars. The property is 100% leased to two tenants

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. 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%. 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 F

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending September 30, 2025 of $0.52 per common share, an increase of 6.1% over the prior dividend level. The dividend will be payable on October 10, 2025 to common stockholders of record at the close of business on September 29, 2025. Terreno Realty Corporation filed its quarterly report on Form 10-Q for the quarter ended June 30, 2025 with the U.S. Securities and Exchange Commission. The financial statements and supplemental financial information are available in the Investors & Media section of Terreno Realty

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 Tukwila, Washington on July 28, 2025 for a sale price of approximately $9.5 million. The property consists of a 2.1-acre improved land parcel which is 100% leased. The property was purchased by Terreno Realty Corporation on December 30, 2020 for $6.6 million. The unleveraged internal rate of return generated by the investment was 10.3%. 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 Ba

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold a portfolio of industrial properties located in Doral, Florida on July 28, 2025 for a sale price of approximately $82.3 million. The portfolio consists of six buildings containing approximately 302,000 square feet on 14.6 acres which are 91% leased to 21 tenants. The portfolio was purchased by Terreno Realty Corporation on May 22, 2013 for $23.7 million. The unleveraged internal rate of return generated by the investment was 14.7%. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York

97.7% quarter-end occupancy compared to prior quarter of 96.6% and prior year of 96.0% 98.5% quarter-end same-store occupancy compared to prior quarter of 97.4% and prior year of 96.1% 22.6% increase in cash rents on new and renewed leases; 26.8% increase year-to-date $123.5 million of acquisitions; $123.5 million year-to-date $445.3 million of acquisitions under contract or letter of intent $114.5 million of dispositions; $139.4 million year-to-date $240.8 million of dispositions under contract or access agreement No shares of common stock issued under the ATM during the second quarter Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator o

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 executed a renewal lease for 35,000 square feet and an expansion lease for 30,000 square feet in Santa Clara, California, with a designer and developer of eVTOL aircraft. The renewal lease will commence upon expiration of the existing lease in September 2025 and the expansion lease will commence in August 2025. Both leases will expire August 2028. 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

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Long Island City, Queens, New York on June 30, 2025 for a purchase price of approximately $31.1 million. The property consists of one industrial distribution building containing approximately 48,000 square feet on 2.2 acres. The property is at 49-10 27th Street, adjacent to the entrance to the Queens-Midtown Tunnel, and provides ten dock-high and 14 grade-level loading positions. The property is vacant. Upon acquisition Terreno Realty Corporation will substantially renovate the building including new truck loading c

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 executed a lease for 81,000 square feet in Avenel, New Jersey with a third-party logistics provider. The lease commences on June 30, 2025 and will expire November 2030. 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. Additional information about Terreno Realty Corporation is available on the company's web site at www.terreno.com. Forward-Looking Statements