Terreno (TRNO) Announces Renewal & Expansion Lease at Fremont [Yahoo! Finance]
Terreno Realty Corporation (TRNO)
Last terreno realty corporation earnings: 2/6 04:04 pm
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Source: Yahoo! Finance
This reflects the healthy demand for its properties. The 30,000-square-foot lease, which was originally set to expire in February 2025, has been extended until August 2029. Additionally, the 41,000-square-foot expansion lease will begin in June 2024 and expire in August 2029. The company has also executed a lease for 5.5 acres of improved land in Newark, NJ. This lease with an automobile exporter commenced on May 16, 2024, and is slated for expiry in January 2028. The demand for industrial real estate space has been high amid an e-commerce boom, growth in industries and companies making efforts to improve supply-chain efficiencies. As of Mar 31, 2024, TRNO's operating portfolio was 96.2% leased to 572 tenants. For the company's improved land portfolio of 45 parcels spanning 152.4 acres, the leased rate was 94.6% as of Mar 31, 2024 compared to 94.6% and 98.9% recorded as of Dec 31, 2023, and Mar 31, 2023, respectively. TRNO was able to lock in higher rents on new and renewed
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TRNO
News
- Terreno Realty Co. (NYSE: TRNO) is now covered by analysts at BNP Paribas. They set an "outperform" rating and a $68.00 price target on the stock.MarketBeat
- Terreno Realty Corporation Adds Independent DirectorBusiness Wire
- Terreno Realty (TRNO) Concludes Development of Hialeah Property [Yahoo! Finance]Yahoo! Finance
- Terreno Realty Corporation Announces Development Completion in Hialeah, FLBusiness Wire
- Terreno Realty Co. (NYSE: TRNO) had its price target lowered by analysts at Barclays PLC from $71.00 to $68.00. They now have an "overweight" rating on the stock.MarketBeat
TRNO
Earnings
- 5/8/24 - Miss
TRNO
Sec Filings
- 6/4/24 - Form 8-K
- 6/4/24 - Form 3
- 5/13/24 - Form 8-K
- TRNO's page on the SEC website