Terreno Realty Corporation has announced the renewal of a significant lease in Washington, D.C. The industrial real estate company, which operates in six major coastal U.S. markets, has successfully executed a lease renewal for 53,000 square feet with the United States Postal Service. This renewed lease is set to commence on June 1, 2025, and will continue through to June 2030. Terreno Realty Corporation continues to strengthen its portfolio with strategic acquisitions and leases in key markets, including New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C. Further details can be found on their website at www.terreno.com.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.