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Terreno Realty Leases 100% of Industrial Building in Florida Development
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Terreno Realty Leases 100% of Industrial Building in Florida Development
Aug 25, 2025 7:24 AM

10:05 AM EDT, 08/25/2025 (MT Newswires) -- Terreno Realty ( TRNO ) said Monday it leased 100% of the Countyline Corporate Park Phase IV Building 32 in Hialeah, Florida.

Terreno said its ten-year lease with an undisclosed aircraft engine maintenance, repair, and overhaul provider was expanded to 92,000 square feet and started upon completion of tenant improvements this month.

The real estate firm said it also signed a lease for 72,000 square feet with an undisclosed distributor of Asian food products that will begin upon completion of tenant improvements, expected in February 2026, and expire in June 2036.

Building 32 is a 164,000-square-foot industrial distribution building on 8.3 acres with the total expected investment of $43.4 million, the company said.

Shell construction finished in January and stabilization is expected in the first quarter of 2026, Terreno said.

Countyline Corporate Park Phase IV, expected to be completed in 2027, is planned to contain ten LEED-certified industrial distribution buildings totaling about 2.2 million square feet for a total expected investment of approximately $511.5 million, the company said.

Price: 57.75, Change: -0.02, Percent Change: -0.03

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