Terreno Realty Corporation Acquires Property in Hyattsville, MD for $50.0 Million
Terreno Realty Corporation (TRNO)
Last terreno realty corporation earnings: 2/6 04:04 pm
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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 an industrial property located in Hyattsville, Maryland on December 4, 2025 for a purchase price of approximately $50.0 million.The property consists of a rear-load industrial distribution building containing approximately 180,000 square feet on 14.1 acres. The property is at 2300 Craftsman Circle, adjacent to the intersection of the Baltimore-Washington Parkway and U.S. Route 50 approximately 1 mile outside Washington, D.C. and provides 45 dock-high and one grade-level loading positions and parking for 156 cars. The building is shell complete only. Terreno Realty Corporation will permit and construct interior finishes expected to be completed in early 2027. The total expected investment is $57.6 million and the estimated stabilized cap rate is 5.2%.Estimated stabilized cap rates are calculated as annualized
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TRNO
News
- Terreno Realty (NYSE:TRNO) had its price target raised by analysts at Mizuho from $53.00 to $56.00. They now have an "underperform" rating on the stock.MarketBeat
- Terreno Realty (NYSE:TRNO) had its "overweight" rating reaffirmed by analysts at KeyCorp.MarketBeat
- Terreno Realty (NYSE:TRNO) was given a new $56.00 price target on by analysts at UBS Group AG.MarketBeat
- Terreno Realty (NYSE:TRNO) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Terreno Realty Corporation Announces Development Start in Hialeah, FLBusiness Wire
TRNO
Earnings
- 11/5/25 - Beat
TRNO
Sec Filings
- 11/7/25 - Form 4
- 11/7/25 - Form 144
- 11/6/25 - Form 3
- TRNO's page on the SEC website