Terreno Realty Corporation (TRNO) acquired an industrial property in South San Francisco for approximately $10.2 million on September 5, 2025.
The 32,000-square-foot distribution building sits on 1.1 acres at 258 Littlefield Avenue, adjacent to another Terreno property. It includes four dock-high positions, parking for 24 cars, and is fully leased on a short-term basis until October 2025.
The company reported an estimated stabilized cap rate of 5.8%, based on annualized cash net operating income at market occupancy of about 95% and including acquisition-related costs.
Terreno Realty focuses on acquiring, owning, and operating industrial real estate across six major U.S. coastal markets: New York/New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C.
TRNO currently trades at $58.68 or 0.68% lower on the NYSE.
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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.