Terreno Realty Corporation Acquires Portfolio in New York City, Northern New Jersey, San Francisco and Los Angeles for Approximately $365 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
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, acquired a portfolio of industrial properties located in New York City, Northern New Jersey, San Francisco Bay Area, and Los Angeles on May 2, 2024 for a purchase price of approximately $364.5 million.The portfolio of 28 buildings containing approximately 1.2 million square feet is 91.6% leased to 70 tenants. The in-place cap rate is 4.3%, the estimated stabilized cap rate is 5.0% and the estimated stabilized cap rate adjusting to today’s market rents is 5.8%.Goldman Sachs & Co. LLC acted as financial advisor to Terreno Realty Corporation on the acquisition.Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy (generally 95%) divided by total acquisition cost. Total acquisition cost includes the initial purchase price, the effects of marking assumed
Show less
Read more
Impact Snapshot
Event Time:
TRNO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TRNO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TRNO alerts
High impacting Terreno Realty Corporation news events
Weekly update
A roundup of the hottest topics
TRNO
News
- Terreno Realty Corporation Announces Lease in Newark, NJBusiness Wire
- Terreno Realty Co. (NYSE: TRNO) had its price target lowered by analysts at Scotiabank from $66.00 to $59.00. They now have a "sector perform" rating on the stock.MarketBeat
- Terreno Realty Co. (NYSE: TRNO) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Terreno Realty Co. (NYSE: TRNO) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $57.00 price target on the stock, down previously from $67.00.MarketBeat
- Terreno Realty Co. (NYSE: TRNO) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $68.00 to $60.00. They now have a "neutral" rating on the stock.MarketBeat
TRNO
Earnings
- 5/8/24 - Miss
TRNO
Sec Filings
- 5/13/24 - Form 8-K
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- TRNO's page on the SEC website