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BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today its operating, investment and capital markets activity for the fourth quarter of 2024. Operating As of December 31, 2024, Terreno Realty Corporation owned 299 buildings aggregating approximately 19.3 million square feet and 47 improved land parcels consisting of approximately 150.6 acres leased to 670 customers: Th.
U.S. equity markets sputtered in a choppy final week of 2024 as investors returned from the holidays with trepidation following the best two-year run for the S&P 500 since 1997-1998. The S&P 500 finished lower by 0.5% on the week, requiring a late-week rebound to pare steep declines following a historically ugly stretch of losses in the Christmas-to-New-Year period. Treasury yields posted a weekly decline for the first time in a month, pressured by a relatively weak slate of economic data, including soft PMI employment metrics and mortgage demand.
Terreno's recent spate of acquisitions of industrial properties is likely to aid it in banking on solid industrial real estate market tailwinds.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Queens, NY for $50.1 Million.
Over 15 years, I've seen the REIT sector evolve, allowing small investors to own diverse properties like cell towers, data centers, and casinos. Inspired by Warren Buffett, I analyze REITs by their competitive advantages and financials, focusing on those with wide moats and trading at a margin of safety. My Top 10 REITs for 2025 include EastGroup, Terreno Realty, Rexford Industrial, VICI Properties, American Tower, Realty Income, Ryman Hospitality, Alexandria Real Estate, Americold, and NNN REIT.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Doral, FL for $195.6 Million.
TRNO completes the redevelopment of its improved land parcel in Rancho Dominguez, CA, poising it well to capitalize on favorable industrial real estate market fundamentals.
Terreno's securing of 50% pre-leasing of Countyline Corporate Park Phase IV Building 32 reflects the solid demand for the company's properties.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Completion of Redevelopment in Rancho Dominguez, CA.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in Hialeah, FL.