Terreno Realty Sells 99,000 SQFT Torrance Industrial Building for $31.1MM

The Bellevue-based REIT generated an unleveraged internal rate of return of 10.3 percent over an eight-year hold in the port-adjacent South Bay submarket. Terreno Realty Corporation has sold a 99,000 square foot industrial cross-dock distribution center in Torrance, California, for approximately $31.1 million, the company announced on April 8, 2026. The publicly traded REIT, which […]