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Terreno Realty Sells Industrial Property in California for $8 Million
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Terreno Realty Sells Industrial Property in California for $8 Million
Jan 17, 2025 9:39 AM

12:16 PM EST, 01/17/2025 (MT Newswires) -- Terreno Realty ( TRNO ) said Friday it sold an industrial property located in south of San Francisco for about $8 million.

The property includes 22,000 square-foot industrial building on 30,492 square-foot of land and is leased to a single tenant, according to the company.

Terreno Realty ( TRNO ) said it acquired the property in July 2020 for $6.3 million and the sale generated an unleveraged internal rate of return of 7.5%.

Price: 61.47, Change: +0.16, Percent Change: +0.26

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