Terreno Realty (TRNO) Stock

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation has purchased a property in Queens, NY for $50.1 million.

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation has purchased a property in Doral, FL for $195.6 million.

TRNO has finished redeveloping its upgraded land in Rancho Dominguez, CA, positioning itself to take advantage of positive trends in the industrial real estate market.

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation has announced that it has finished redeveloping a property in Rancho Dominguez, CA.

Terreno has successfully secured 50% pre-leasing for Building 32 of Countyline Corporate Park Phase IV, showing a strong interest in the company's properties. This indicates a high demand for what they offer.

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation has announced a new lease in Hialeah, Florida.

TRNO has purchased another industrial property in New York to support its efforts to grow its portfolio, as there is strong demand for its assets.

BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation has purchased a property in Brooklyn, NY, for $156.3 million.

Terreno Realty has changed its strategy from aiming for small growth to reducing debt, which raises concerns about how it values its assets. The company has a strong and successful approach to long-term investments. However, even with high asset values, Terreno has issued more shares than it has bought in assets, indicating that management thinks the current valuations are too high.