Terreno Realty Corp. (TRNO) announced its quarterly investment and operating activity for the fourth quarter of 2012.
During the fourth quarter of 2012, Terreno Realty Corporation acquired four industrial properties consisting of six buildings containing approximately 427,000 square feet for an aggregate purchase price of approximately $31.8 million.
For the full year 2012 Terreno Realty acquired 22 buildings containing approximately 1.8 million square feet for approximately $180.9 million. This compares to 2011 acquisitions of approximately $118.7 million.
During the fourth quarter of 2012, Terreno Realty sold one trans-shipment property located in San Bernardino, California for a sale price of approximately $17.0 million. This property was acquired by Terreno Realty Corporation for approximately $12.1 million in September 2010.
For comments and feedback: editorial@rttnews.com