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Terreno Realty details $52M of Q3 property acquisitions

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Terreno Realty details $52M of Q3 property acquisitions

Terreno Realty Corp. detailed its third-quarter property transactions, including $51.6 million worth of acquisitions and $40.5 million of sales.

The company bought six industrial properties comprising eight buildings encompassing roughly 258,000 square feet and one improved land parcel totaling roughly 1.1 acres.

The purchased properties include Telegraph Springs in Santa Fe Springs, Calif.; Dawson near Seattle's Port and SoDo district; 1215 Walnut in Compton, Calif.; NW 70th IV in Miami; Kero Road in Carlstadt, N.J.; and Hotchkiss in Fremont, Calif.

Meanwhile, the company off-loaded two industrial properties in Maryland's Baltimore/Washington, D.C., corridor, namely 8730 Bollman Place, and 6675 Amberton Dr. and 6660 Santa Barbara Rd.

The properties span an aggregate 448,000 square feet and were fully leased at disposition.