Terreno Realty Corporation, a prominent player in the industrial real estate sector, has announced the acquisition of a significant portfolio in Woodinville, Washington for approximately $232.6 million. The transaction, completed on August 12, 2025, includes nine industrial distribution buildings spanning approximately 720,000 square feet on 42.8 acres. Located on Woodinville-Redmond Road, the facilities are currently 91% leased to 26 tenants. This acquisition is part of a larger multi-market portfolio deal totaling approximately 1.2 million square feet, with additional properties in Miami and Northern New Jersey. The overall transaction is expected to close in September 2025, with a total estimated purchase price of $426.9 million and an anticipated stabilized cap rate of 5.0%. Terreno Realty continues to strengthen its footprint across major coastal U.S. markets through strategic acquisitions.