Terreno Realty Corporation Completes $426.9 Million Acquisition of Multi-Market Industrial Portfolio in Doral, FL and Kearny, NJ

Reuters

Sep 10

<a href="https://laohu8.com/S/TRNO">Terreno Realty</a> Corporation Completes $426.9 Million Acquisition of Multi-Market Industrial Portfolio in Doral, FL and Kearny, NJ

Terreno Realty Corporation, a prominent acquirer and operator of industrial real estate, has successfully completed a significant acquisition involving properties in Doral, Florida and Kearny, New Jersey. The transaction, finalized on September 9, 2025, was valued at approximately $194.3 million and includes three industrial distribution buildings covering around 509,000 square feet on 27.6 acres. This acquisition is part of a larger multi-market portfolio, totaling about 1.2 million square feet, for a combined purchase price of $426.9 million. The portfolio is currently 36% leased to five tenants. Terreno Realty's strategic expansion into these key coastal U.S. markets underscores its commitment to enhancing its industrial real estate footprint.

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: 20250908583013) on September 10, 2025, and is solely responsible for the information contained therein.

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.

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Terreno Realty Corporation published the original content used to generate this news brief via Business Wire (Ref. 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While PU","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4171":"工业房地产投资信托","BK4224":"工业房地产信托","TRNO":"Terreno Realty"},"translate_title":"Terreno Realty Corporation以4.269亿美元完成对佛罗里达州多拉尔和新泽西州卡尼多市场工业投资组合的收购","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TRNO":0.9},"content_text":"Terreno Realty Corporation Completes $426.9 Million Acquisition of Multi-Market Industrial Portfolio in Doral, FL and Kearny, NJ\n    \n\n        Terreno Realty Corporation, a prominent acquirer and operator of industrial real estate, has successfully completed a significant acquisition involving properties in Doral, Florida and Kearny, New Jersey. The transaction, finalized on September 9, 2025, was valued at approximately $194.3 million and includes three industrial distribution buildings covering around 509,000 square feet on 27.6 acres. 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