Terreno Realty Executes Lease in CA, Sees Healthy Demand
Key Takeaways TRNO signed a 103K sq ft lease in Redondo Beach, set to begin in stages from July to October 2025. The lessee is a provider of in-space mobility; the lease runs through October 2035. In Q1 2025, TRNO's cash rents on new and renewed leases surged 34.2% with a 71.7% retention ratio.Terreno Realty (TRNO) recently announced the execution of a 103,000 square feet lease in Redondo Beach, CA. The new lease is scheduled to commence in stages between July and October 2025, and slated for expiry in Oc ...