trending Market Intelligence /marketintelligence/en/news-insights/trending/1hh-IpYrnUUvYd-pOJe9XA2 content esgSubNav
In This List

Terreno Realty buys Calif. industrial property for $38M

Video

According to Market Intelligence, December 2022

Blog

Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes

Blog

Insight Weekly: Energy crisis cripples Europe; i-bank incomes rise; US holiday sales outlook

Blog

Japan M&A By the Numbers: Q3 2022


Terreno Realty buys Calif. industrial property for $38M

Terreno Realty Corp. purchased an 11.1-acre industrial property at 1855 W. 139th St. in Gardena, Calif., for around $37.6 million.

The property consists of two buildings, encompassing roughly 231,000 square feet. With an estimated stabilized cap rate of 4.2%, the asset is fully leased to one tenant, according to a release.