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Home Finance Terreno Realty Sells 231,000 SQFT Gardena Industrial Park to Cap $44MM Capital Recycling Play
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Terreno Realty Sells 231,000 SQFT Gardena Industrial Park to Cap $44MM Capital Recycling Play

March 23, 20263 Mins read813
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The Bellevue-based industrial REIT offloads a two-building campus originally purchased in 2017, generating a 6.3 percent unleveraged return as it accelerates dispositions across its coastal portfolio. Terreno Realty Corporation (NYSE: TRNO) has completed the sale of its 231,000 square foot industrial park in Gardena, California for approximately $44 million, the company disclosed on March 19, […]

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