04:28 PM EDT, 10/08/2024 (MT Newswires) -- Terreno Realty ( TRNO ) late Tuesday reported its operating portfolio was 97.0% leased on Sept. 30, improving on 96% occupancy at the end of its Q2 on June 30.

However, the leased operating portfolio was down from 98.3% at Sept. 30, 2023

Its same-store portfolio was 97.3% leased at the end of September, also up from 96% at the conclusion of Q2.

The real estate investment trust completed Q3 with eight properties under development or redevelopment and consisting of nine buildings with around 882,000 square feet of leasable space. Roughly 41% of the new or redeveloped properties are pre-leased, it said.

The company had no acquisitions under contract at the end of Q3.