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Terreno Realty raises $73.3M in Q3 ATM offerings

Industrial real estate investment trust Terreno Realty Corp. said it issued 1,458,630 common shares under its at-the-market equity offering program during the third quarter, raising $73.3 million in gross proceeds.

Additionally, the REIT is under contract to sell an 88,000-square-foot property for approximately $7.5 million and has about $14.9 million of acquisitions under contract totaling roughly 62,000 square feet.