Terreno Realty (TRNO) sold an industrial property located in South San Francisco, California on January 16, 2025 for a sale price of approximately $8.0 million. The property consists of one industrial building containing approximately 22,000 square feet on 0.7 acres which is 100% leased to one tenant. The property was purchased by Terreno Realty Corporation on July 10, 2020 for $6.3 million. The unleveraged internal rate of return generated by the investment was 7.5%.
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Read More on TRNO:
- Terreno Realty initiated with a Hold at Deutsche Bank
- Terreno Realty downgraded to Equal Weight from Overweight at Barclays
- Terreno Realty sells industrial property in California for $16.9M
- Terreno Realty reports Q4 occupancy 97.4% vs. 97.0% in Q3
- Terreno Realty price target lowered to $66 from $67 at Baird