10:34 AM EST, 11/21/2025 (MT Newswires) -- Terreno Realty ( TRNO ) said Friday it has fully pre-leased Building 36 at Countyline Corporate Park Phase IV in Hialeah, Florida, ahead of its expected completion in 2027.

The company said it pre-leased 76,000 square feet to a plantain products manufacturer and distributor and expanded a prior 108,000 square-foot logistics lease by 29,000 square feet, with both contracts running into mid-2037.

Building 36 is under construction with a total expected investment of $56.2 million and an estimated stabilized cap rate of 5.8%, Terreno said.

Shares of the company were up over 1% in recent Friday trading.

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