10:20 AM EST, 12/12/2024 (MT Newswires) -- Terreno Realty ( TRNO ) said Thursday it acquired an industrial property in Red Hook, Brooklyn, with about 312,000 leasable square feet on 16 acres for about $156.3 million on Wednesday.

The price includes a $72.9 million 3.85% interest-only loan due March 2028, according to the company.

Terreno said that the property is fully leased to an e-commerce company.

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