<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.
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