09:36 AM EDT, 08/13/2025 (MT Newswires) -- Terreno Realty ( TRNO ) said Wednesday it has bought a portfolio of industrial properties located in Woodinville, Washington, for about $232.6 million.

The portfolio comprises nine industrial distribution buildings with about 720,000 square feet on 42.8 acres, the company said, adding that the properties are 91% leased to 26 tenants.

The properties are part of a multi-market portfolio of about 1.2 million square feet that includes two buildings in Miami and one building in Northern New Jersey for a total estimated purchase price of $426.9 million, the company said.

The rest of the portfolio is expected to be bought by Terreno in September, it said.

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