TRNO Stock Recent News
TRNO LATEST HEADLINES
Terreno Realty Corporation's coastal strategy and focus on high-demand, supply-constrained markets supports long-term growth, but per-share growth remains modest due to continued dilution. Valuations have become more reasonable, with shares now trading at 21–22x FFO offering a nearly 4% dividend yield, providing some fundamental support. Recent acquisition and divestment activity appears fairly valued but not clearly accretive, while ongoing capital allocation raises concerns about profitable per-share growth.
TRNO's $232.6 million Woodinville deal adds nine industrial buildings, advancing its long-term growth and portfolio expansion strategy.
TRNO secures major lease renewals and expansions, driving rent growth despite tenant caution amid economic uncertainty.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Portfolio in Woodinville, WA for $232.6 Million.
Terreno Realty acquires a $35.5M Redondo Beach industrial site, expanding its portfolio in key U.S. coastal markets.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in Washington, D.C.
Terreno Realty sells a Santa Fe Springs property for $11M, advancing its non-core asset strategy and boosting portfolio strength.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Redondo Beach, CA for $35.5 Million.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in Santa Fe Springs, CA for $11.0 Million.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in Tukwila, WA for $9.5 Million.