<a href="https://laohu8.com/S/TRNO">Terreno Realty</a> Corporation Sells Doral, FL Industrial Portfolio for $82.3 Million, Achieving 14.7% IRR
Terreno Realty Corporation, a prominent player in the industrial real estate sector, recently completed a significant transaction by selling a portfolio of industrial properties in Doral, Florida, for approximately $82.3 million. The transaction, finalized on July 28, 2025, involved six buildings encompassing around 302,000 square feet on 14.6 acres, with a high occupancy rate of 91% leased to 21 tenants. Originally acquired on May 22, 2013, for $23.7 million, the investment yielded an impressive unleveraged internal rate of return of 14.7%. This move aligns with Terreno's strategic focus on major coastal U.S. markets including New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Terreno Realty Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250724286314) on July 29, 2025, and is solely responsible for the information contained therein.
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