Terreno Realty Corporation has acquired an industrial property in South San Francisco, California, for approximately $5.6 million. The asset includes an 18,000-square-foot industrial distribution building and a 0.2-acre improved land parcel on a 1.0-acre site at 250 South Maple Avenue. The building is 73% leased to four tenants, while the land parcel is fully leased to one tenant, with all leases expiring by June 2028. The estimated stabilized cap rate for the property is 6.3%.
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: 20251001610886) on October 16, 2025, and is solely responsible for the information contained therein.