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Stock impact report

Terreno Realty Corporation Acquires Property in San Leandro, CA for $36.0 Million

Terreno Realty Corporation (TRNO) 
Last terreno realty corporation earnings: 2/6 04:04 pm Check Earnings Report
US:NYSE Investor Relations: terreno.com
Company Research Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in San Leandro, California on August 2, 2018 for a purchase price of approximately $36.0 million. The 14.8-acre property consists of three industrial distribution buildings containing approximately 209,000 square feet, one office building containing approximately 16,000 square feet and one improved land parcel. The property is at 2700 Merced Street, west of Interstate 880 and approximately three miles south of Oakland International Airport, provides 12 dock-high and four grade-level loading positions, parking for 374 cars and is 81.6% leased to seven tenants. Four of the seven tenants have no renewal options and leases which expire on or before December 31, 2020. Depending on leasing outcomes over the next Show less Read more
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