Terreno Realty Corp. (TRNO) said it acquired an industrial property located in Doral, Florida on July 23, 2012 for a purchase price of approximately $4.2 million.
The property consists of one industrial building containing approximately 75,000 square feet. The property is currently vacant and is at 1401 NW 78th Avenue in Doral, adjacent to the Palmetto Expressway and the west cargo area of Miami International Airport. The estimated stabilized cap rate of the property is 7.2%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.