Terreno Realty Corp. paid about $12.0 million to acquire a roughly 50,000-square-foot industrial distribution building in East Rutherford, N.J.
The property, which sits on a 3.5-acre land parcel, is fully leased to one tenant on a short-term basis.
Terreno Realty buys East Rutherford, NJ, industrial property
Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally
Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage
Insight Weekly: Inflation eases; bank M&A slows; top companies boost market share
Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet
Terreno Realty Corp. paid about $12.0 million to acquire a roughly 50,000-square-foot industrial distribution building in East Rutherford, N.J.
The property, which sits on a 3.5-acre land parcel, is fully leased to one tenant on a short-term basis.