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Terreno Realty Corporation Announces Lease in Rancho Dominguez, CA

1. TRNO executed a lease for a 3.0-acre land parcel in California. 2. The lease begins May 20, 2025, and ends May 2028. 3. TRNO operates in six major U.S. coastal markets. 4. The lease is with an environmental waste management provider. 5. Forward-looking statements indicate uncertainty in future performance.

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Why Bullish?

Securing long-term leases indicates stable cash flow and demand for TRNO’s properties, which historically leads to increased investor confidence and stock appreciation. For instance, similar leasing activities previously resulted in positive stock movements for commercial real estate firms.

How important is it?

New leases are essential for real estate firms; this announcement reflects TRNO’s growth strategy in expanding its real estate portfolio. The long-term nature of the lease indicates confidence in market stability, which is a strong positive signal for investors.

Why Long Term?

The lease extends for three years, suggesting ongoing revenue, thus positively impacting long-term valuation. Historical precedent shows that long-term leases can stabilize income in commercial real estate.

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CBREPLDDRE
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 that it has executed a lease for a 3.0-acre improved land parcel in Rancho Dominguez, California with a provider of environmental and regulated waste management services. The lease commenced on May 20, 2025 and will expire May 2028. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C. Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2024 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.

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