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.