Terreno Realty Acquires Industrial Property in Maryland for $50 Million

MT Newswires Live

Dec 05

Terreno Realty (TRNO) said Friday it acquired an industrial property in Hyattsville, Maryland, for about $50 million.

The property consists of a shell-complete, rear-load industrial distribution building with about 180,000 square feet on 14.1 acres, and provides 45 dock-high and one grade-level loading positions and parking for 156 cars, the company said.

Terreno said it plans to construct interior finishes and target completion in early 2027. Total expected investment is $57.6 million with an estimated stabilized cap rate of 5.2%, the company added.

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Total expected investment is $57.6 million with an estimated stabilized cap rate of 5.2%, the company added.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4224","symbol_name":"工业房地产信托","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2589986813","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2589986813","pubTimestamp":1764945259,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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