1. TRNO sold a property in Santa Fe Springs for $11 million. 2. Property was acquired for $6.4 million in 2018. 3. The investment generated a 13.2% internal rate of return. 4. Terreno operates in six major coastal U.S. markets. 5. Forward-looking statements caution against relying solely on past performance.
The positive sale price and solid return indicate strong operational performance, boosting investor confidence.
The successful sale reflects TRNO's operational efficiency and potential for further investment.
The immediate sale positively affects TRNO's cash flow and can influence stock price quickly.
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Santa Fe Springs, California on August 7, 2025 for a sale price of approximately $11.0 million.
The property consists of a 2.3-acre improved land parcel which is 100% leased. The property was purchased by Terreno Realty Corporation on November 14, 2018 for $6.4 million. The unleveraged internal rate of return generated by the investment was 13.2%.
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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Terreno Realty Corporation
Jaime Cannon
415-655-4580