Terreno Realty Corporation Acquires Woodinville, WA Industrial Portfolio for $232.6 Million
Reuters
Aug 13
<a href="https://laohu8.com/S/TRNO">Terreno Realty</a> Corporation Acquires Woodinville, WA Industrial Portfolio for $232.6 Million
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.
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: 20250811645610) on August 13, 2025, and is solely responsible for the information contained therein.
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