Terreno Realty Corp. (TRNO: Quote) said it acquired an industrial property located in Elkridge, Maryland on August 17, 2012 for a purchase price of approximately $6.7 million. As part of the acquisition the Company assumed a mortgage loan with a total principal amount of approximately $3.6 million with a fixed annual interest rate of 5.87%. The mortgage loan has a maturity date of August 2014.
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by RTT Staff Writer
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