Terreno Realty Breaks Ground on $54.1 Million Industrial Distribution Facility in Hialeah, FL, 51% Pre-Leased

Reuters
09/29
<a href="https://laohu8.com/S/TRNO">Terreno Realty</a> Breaks Ground on $54.1 Million Industrial Distribution Facility in Hialeah, FL, 51% Pre-Leased

**Terreno Realty Corporation Begins Construction on Major Industrial Project in Hialeah, Florida** BELLEVUE, WA-Terreno Realty Corporation (NYSE:TRNO) has started construction on Building 36 at Countyline Corporate Park Phase IV in Hialeah, Florida. The 214,000-square-foot industrial distribution facility is already 51% pre-leased to an international logistics management company, with occupancy expected in early 2027. The building, featuring 36-foot clear heights, 75 dock-high and two grade-level loading positions, will seek LEED certification. The total investment for Building 36 is projected at $54.1 million, with an estimated stabilized cap rate of 5.8%. Upon completion in 2027, Phase IV will include ten LEED-certified buildings totaling 2.2 million square feet, with a total project investment of approximately $511.5 million. Countyline Corporate Park is located adjacent to Florida's Turnpike and the southern end of I-75.

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: 20250926765722) on September 29, 2025, and is solely responsible for the information contained therein.

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