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Terreno Realty Acquires New York Property for $31.1 Million
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Terreno Realty Acquires New York Property for $31.1 Million
Jul 1, 2025 7:42 AM

10:18 AM EDT, 07/01/2025 (MT Newswires) -- Terreno Realty ( TRNO ) said Tuesday it has acquired an industrial property in Long Island City, Queens, New York, for about $31.1 million.

The vacant property features an industrial distribution building of about 48,000 square feet on 2.2 acres, the company said. It plans to renovate the building, with completion expected in 2026.

Price: 56.19, Change: +0.12, Percent Change: +0.21

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