TRNO Stock Recent News
TRNO LATEST HEADLINES
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity.
On September 30, 2024, FMR LLC (Trades, Portfolio), a prominent investment firm, expanded its holdings in Terreno Realty Corp (TRNO, Financial) by acquiring an additional 1,460,862 shares. This transaction, executed at a price of $66.83 per share, increased FMR LLC (Trades, Portfolio)'s total stake in the company to 10,563,453 shares, reflecting a significant commitment to TRNO within its diverse portfolio.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in Elizabeth, NJ.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Development Completion in Hialeah, FL.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Closes $800 Million Unsecured Credit Facility.
Terreno Realty is an industrial REIT focused on Warehouse/distribution properties, with the company's largest market being Northern New Jersey/New York City. The shares have marginally outperformed the Vanguard Real Estate Index Fund so far in 2024, delivering a 12% total return. I expect the company to perform in line with real estate ETFs going forward, with positives such as strong NOI growth offset by an expensive valuation and low gearing.
Terreno's (TRNO) latest leasing activities highlight healthy demand for the company's properties.
Terreno Realty just increased its dividend by nearly 9%. The industrial REIT has delivered robust dividend growth over the years.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in San Leandro, CA.
Terreno's (TRNO) securing of renewal lease with a global supplier of automotive parts, components and technologies at Torrance, CA, highlights healthy demand for its properties.