10:24 AM EDT, 09/08/2025 (MT Newswires) -- Terreno Realty ( TRNO ) said Monday that it has purchased an industrial facility in South San Francisco, California, for about $10.2 million.

The property at 258 Littlefield Avenue includes a 32,000-square-foot distribution facility on 1.1 acres, equipped with four dock-high doors and parking for 24 vehicles, according to the company.

The property is fully leased on a short-term basis through October, with the company projecting a stabilized cap rate of 5.8%, it added.

The company's shares were down more than 1% in recent trading Monday.

Price: 58.43, Change: -0.65, Percent Change: -1.10