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Home Finance Terreno Realty Cashes In on Commerce Industrial Park for $97MM After Decade-Long Hold
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Terreno Realty Cashes In on Commerce Industrial Park for $97MM After Decade-Long Hold

May 27, 20251 Mins read790
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Terreno Realty Corporation (NYSE:TRNO), an acquirer and operator of industrial real estate, today announced the successful sale of an industrial property located in Commerce, California. The asset, marketed earlier this year as the Garfield Business Center, was sold on May 22, 2025, for a substantial sum of approximately $97 million (roughly $178 per square foot). The […]

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