NYSE:TRNOIndustrial REITs
Why Terreno Realty (TRNO) Is Up 6.6% After Expanding Its Industrial Portfolio With Major Multi-Market Deal
Terreno Realty Corporation recently acquired nine industrial distribution buildings in Woodinville, Washington for approximately US$232.6 million, as part of a multi-market portfolio deal that will total an expected US$426.9 million across properties in Washington, Miami, and Northern New Jersey.
This latest expansion brings a substantial increase in industrial space under management and highlights Terreno Realty’s continued focus on high-occupancy properties in key logistics markets.
With...