Terreno Realty (TRNO) said Friday that it has sold an industrial property in Bellevue, Washington, for $17.5 million, giving an unleveraged internal rate of return of 11.1%.
The property consists of one industrial flex building containing 39,000 square feet on a vacant area of 2.1 acres, the company said.
Price: 55.26, Change: -0.31, Percent Change: -0.55