Terreno Realty Bolsters Portfolio With Property Buyout in Los Angeles

Key Takeaways TRNO acquired a $10M Los Angeles flex property with a 6.4% cap rate and full tenant occupancy. The deal supports TRNO's strategy of shedding non-core assets for value-accretive investments. TRNO has$ 49M in deals under contract and $75.8M under letters of intent as of May 6, 2025.Terreno Realty (TRNO) recently announced the acquisition of an industrial property in Los Angeles, CA, in June 2025 for around$ 10 million. The transaction marks an estimated stabilized cap rate of 6.4%.Located at 1 ...