Terreno Realty prices common stock offering

Terreno Realty Corp. priced its public offering of 3.5 million common shares at $74.50 apiece.

The offering comes with a 30-day overallotment option for underwriters to buy up to additional 525,000 shares.

The industrial real estate investment trust plans to use the net proceeds for general corporate purposes.

Goldman Sachs & Co. LLC and KeyBanc Capital Markets Inc. are underwriters for the offering, which is set to close Nov. 8.