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Terreno purchases Santa Fe Springs, Calif., industrial property

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Terreno purchases Santa Fe Springs, Calif., industrial property

Industrial real estate investment trust Terreno Realty Corp. paid approximately $5.3 million to buy the vacant property at 11770-11780 Slauson Ave. in Santa Fe Springs, Calif.

The two-building industrial property covers roughly 30,000 square feet on 1.8 acres. It offers four grade-level loading positions and parking for 43 cars.