{"id":1019522,"date":"2026-11-10T11:34:37","date_gmt":"2026-11-10T16:34:37","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/terreno-realty-corporation-acquires-property-in-south-san-francisco-ca-for-19-0-million\/"},"modified":"2026-11-10T11:34:37","modified_gmt":"2026-11-10T16:34:37","slug":"terreno-realty-corporation-acquires-property-in-south-san-francisco-ca-for-19-0-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/terreno-realty-corporation-acquires-property-in-south-san-francisco-ca-for-19-0-million\/","title":{"rendered":"Terreno Realty Corporation Acquires Property in South San Francisco, CA for $19.0 Million"},"content":{"rendered":"

<\/p>\n

Terreno Realty Corporation Acquires Property in South San Francisco, CA for $19.0 Million<\/p>\n

BELLEVUE, Wash.–(BUSINESS WIRE<\/a>)–Terreno Realty Corporation<\/b> (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in South San Francisco, California on November 6, 2026 for a purchase price of approximately $19.0 million.<\/p>\n

The property consists of one industrial distribution building containing approximately 60,000 square feet on 2.1 acres. The property is at 233 East Harris Avenue, between San Francisco International Airport and the City of San Francisco, and provides four dock-high, one van-high and two grade-level loading positions and parking for 57 cars. The building is 100% leased to one tenant and the estimated stabilized cap rate is 4.8%.<\/p>\n

Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy (generally 95%) divided by total acquisition cost. Total acquisition cost includes the initial purchase price, the effects of marking assumed debt to market, buyer\u2019s due diligence and closing costs, estimated near-term capital expenditures and leasing costs necessary to achieve stabilization.<\/p>\n

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.<\/p>\n

Additional information about Terreno Realty Corporation is available on the company\u2019s web site at www.terreno.com<\/a>.<\/p>\n

Forward-Looking Statements<\/p>\n

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\u2019s beliefs and on assumptions made by, and information currently available to, management. When used, the words \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cplan,\u201d \u201cproject,\u201d \u201cresult,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cseek,\u201d \u201ctarget,\u201d \u201csee,\u201d \u201clikely,\u201d \u201cposition,\u201d \u201copportunity,\u201d \u201coutlook,\u201d \u201cpotential,\u201d \u201centhusiastic,\u201d \u201cfuture\u201d 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, 2025 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.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20261106963612\/en\/<\/a><\/span><\/p>\n

Jaime Cannon
415-655-4580<\/p>\n

KEYWORDS:<\/b> California Washington United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Construction & Property Commercial Building & Real Estate Construction & Property REIT<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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Terreno Realty Corporation Acquires Property in South San Francisco, CA for $19.0 Million 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, acquired an industrial property located in South San Francisco, California on November 6, 2026 for a purchase price of approximately $19.0 million. The property consists of one industrial distribution building containing approximately 60,000 square feet on 2.1 acres. The property is at 233 East Harris Avenue, between San Francisco International Airport and the City of San Francisco, and provides four dock-high, one van-high and two grade-level loading positions and parking for 57 cars. The building is 100% leased to one tenant and the estimated stabilized cap … <\/p>\n

Continue reading “Terreno Realty Corporation Acquires Property in South San Francisco, CA for $19.0 Million”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1019522","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTerreno Realty Corporation Acquires Property in South San Francisco, CA for $19.0 Million - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/terreno-realty-corporation-acquires-property-in-south-san-francisco-ca-for-19-0-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terreno Realty Corporation Acquires Property in South San Francisco, CA for $19.0 Million - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Terreno Realty Corporation Acquires Property in South San Francisco, CA for $19.0 Million 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, acquired an industrial property located in South San Francisco, California on November 6, 2026 for a purchase price of approximately $19.0 million. The property consists of one industrial distribution building containing approximately 60,000 square feet on 2.1 acres. The property is at 233 East Harris Avenue, between San Francisco International Airport and the City of San Francisco, and provides four dock-high, one van-high and two grade-level loading positions and parking for 57 cars. 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