SEC Form SC 13G filed by Terreno Realty Corporation

$TRNO
Real Estate
Finance
Get the next $TRNO alert in real time by email
SC 13G 1 trno13gdec23.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ) TERRENO REALTY CORP (Name of Issuer) REIT (Title of Class of Securities) 88146M101 (CUSIP NUMBER) December 31, 2023 (Date of Event which Requires Filing of Statement) Check the appropriate box to designate the Rule pursuant to which this Schedule is filed: [x] Rule 13d - 1(b) Rule 13d - 1(c) Rule 13d - 1(d) 1. Name of Reporting Person T. Rowe Price Investment Management, Inc. 85-4328500 2. Check the Appropriate Box if a Member of a Group NOT APPLICABLE 3. SEC Use Only 4. Citizenship or Place of Organization Maryland Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power* 1,776,204 6. Shared Voting Power* 0 7. Sole Dispositive Power* 4,312,111 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 4,312,111 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares NOT APPLICABLE 11. Percent of Class Represented by Amount in Row 9 5.1% 12. Type of Reporting Person IA *Any shares reported in Items 5 and 6 are also reported in Item 7. Item 1(a) Name of Issuer: TERRENO REALTY CORP Item 1(b) Address of Issuer's Principal Executive Offices: 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO, CALIFORNIA 94104 Item 2(a) Name of Person(s) Filing: (1) T. Rowe Price Investment Management, Inc. (Price Investment Management) Item 2(b) Address of Principal Business Office: 101 E. Pratt Street, Baltimore, MD 21201 Item 2(c) Citizenship or Place of Organization: (1) Maryland Item 2(d) Title of Class of Securities: REIT Item 2(e) Cusip Number: 88146M101 Item 3: The person filing this Schedule 13G is an: X Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 Item 4: Reference is made to Items 5-11 on the preceding pages of this Schedule 13G. Item 5: Ownership of Five Percent or Less of a Class Not Applicable Item 6: Ownership of More than Five Percent on Behalf of Another Person (1) Price Investment Management does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client's custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the individual and institutional clients which Price Investment Management serves as investment adviser. Any and all discretionary authority which has been delegated to Price Investment Management may be revoked in whole or in part at any time. Except as may be indicated if this is a joint filing with one of the registered investment companies sponsored by Price Investment Management which it also serves as investment adviser ("T. Rowe Price Funds"), not more than 5% of the class of such securities is owned by any one client subject to the investment advice of Price Investment Management. Item 7: Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8: Identification and Classification of Members of the Group Not Applicable Item 9: Notice of Dissolution of Group Not Applicable Item 10: Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. T. Rowe Price Investment Management, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Investment Management is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. T. Rowe Price Investment Management, Inc. Date: February 14, 2024 Signature: /s/ Armando Capasso Name & Title: Armando Capasso, Vice President 12/31/2023
Get the next $TRNO alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$TRNO

DatePrice TargetRatingAnalyst
2/21/2025$65.00 → $77.00Neutral → Buy
Goldman
2/4/2025$71.00Market Perform
BMO Capital Markets
1/14/2025$60.00Hold
Deutsche Bank
1/13/2025$68.00 → $60.00Overweight → Equal Weight
Barclays
9/5/2024$62.00Neutral → Underperform
Mizuho
8/28/2024$71.00 → $75.00Overweight → Equal Weight
Wells Fargo
6/4/2024$68.00Outperform
Exane BNP Paribas
3/27/2024$71.00Overweight
Barclays
More analyst ratings

$TRNO
Press Releases

Fastest customizable press release news feed in the world

See more
  • Terreno Realty Corporation Announces Leases in Hialeah, FL

    — Countyline Building 33 100% leased — Countyline Phase IV 56% complete and stabilized 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 leased 100% of Countyline Corporate Park Phase IV Building 33 in Hialeah, Florida. A seven-year lease for 105,000 square feet, with a third-party logistics provider, commenced upon completion of building construction and tenant improvements in March 2025. In addition, Terreno Realty Corporation has signed leases for 28,000 square feet with a business-to-business food purveyor and 24,000 square feet with a distributor of specialty elevator parts.

    $TRNO
    Real Estate
    Finance
  • Terreno Realty Corporation Completes Redevelopment in Santa Ana, CA

    Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, completed the redevelopment of a property in Santa Ana, California on February 13, 2025. The property at 1720 East Garry Avenue is immediately adjacent to the Costa Mesa Freeway (CA 55) and less than two miles from the intersection of CA 55 and I-405 and the John Wayne Airport in Orange County. The 4.9-acre property contained three multi-tenant office buildings that were demolished. The redeveloped property contains a 92,000 square foot rear-load industrial distribution building with ten dock-high and two grade-level loading positions and parking for 145 car

    $TRNO
    Real Estate
    Finance
  • Terreno Realty Corporation Declares Quarterly Dividend and Files Annual 2024 Financial Statements

    Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending March 31, 2025 of $0.49 per common share. The dividend will be payable on April 4, 2025 to common stockholders of record at the close of business on March 27, 2025. Terreno Realty Corporation filed its annual report on Form 10-K for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission. The financial statements and supplemental financial information are available in the Investors & Media section of Terreno Realty Corporation's website, www.terreno.com. Terreno Realty Corpor

    $TRNO
    Real Estate
    Finance

$TRNO
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$TRNO
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$TRNO
SEC Filings

See more

$TRNO
Leadership Updates

Live Leadership Updates

See more
  • Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

    NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t

    $AMTM
    $APO
    $CMA
    $CRI
    Investment Managers
    Finance
    Major Banks
    Apparel

$TRNO
Financials

Live finance-specific insights

See more
  • Terreno Realty Corporation Announces Leases in Hialeah, FL

    — Countyline Building 33 100% leased — Countyline Phase IV 56% complete and stabilized 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 leased 100% of Countyline Corporate Park Phase IV Building 33 in Hialeah, Florida. A seven-year lease for 105,000 square feet, with a third-party logistics provider, commenced upon completion of building construction and tenant improvements in March 2025. In addition, Terreno Realty Corporation has signed leases for 28,000 square feet with a business-to-business food purveyor and 24,000 square feet with a distributor of specialty elevator parts.

    $TRNO
    Real Estate
    Finance
  • Terreno Realty Corporation Completes Redevelopment in Santa Ana, CA

    Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, completed the redevelopment of a property in Santa Ana, California on February 13, 2025. The property at 1720 East Garry Avenue is immediately adjacent to the Costa Mesa Freeway (CA 55) and less than two miles from the intersection of CA 55 and I-405 and the John Wayne Airport in Orange County. The 4.9-acre property contained three multi-tenant office buildings that were demolished. The redeveloped property contains a 92,000 square foot rear-load industrial distribution building with ten dock-high and two grade-level loading positions and parking for 145 car

    $TRNO
    Real Estate
    Finance
  • Terreno Realty Corporation Declares Quarterly Dividend and Files Annual 2024 Financial Statements

    Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, declared a regular cash dividend for the quarter ending March 31, 2025 of $0.49 per common share. The dividend will be payable on April 4, 2025 to common stockholders of record at the close of business on March 27, 2025. Terreno Realty Corporation filed its annual report on Form 10-K for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission. The financial statements and supplemental financial information are available in the Investors & Media section of Terreno Realty Corporation's website, www.terreno.com. Terreno Realty Corpor

    $TRNO
    Real Estate
    Finance

$TRNO
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more