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 Torrance, California on April 7, 2026 for a sale price of approximately $31.1 million.
The property consists of a 99,000 square foot industrial distribution building on 4.7 acres which is 100% leased. The property was purchased by Terreno Realty Corporation on January 31, 2018 for $17.5 million. The unleveraged internal rate of return generated by the investment was 10.3%.
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.
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Terreno Realty Corporation
Jaime Cannon
415-655-4580