NYSE:TRNOIndustrial REITs
How Terreno Realty’s New South Florida Lease and California Sale At Terreno Realty (TRNO) Has Changed Its Investment Story
Terreno Realty recently executed a long-term lease for 88,000 square feet at Countyline Corporate Park in Hialeah, Florida with an export and reverse logistics provider, while also selling an industrial property in Gardena, California that generated an unleveraged internal rate of return of 6.3%.
Together, the lease reshuffle and property sale highlight Terreno Realty’s active portfolio reconfiguration across key coastal industrial markets, including South Florida and Southern...