Terreno Realty Corporation Acquires Property in Carlstadt, NJ for $5.4 Million
Business Wire•03/11/2026•09:15 ET
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Key Highlights
- ➤Terreno Realty acquired Carlstadt, NJ industrial property for approximately $5.4 million
- ➤18,000-square-foot distribution building sits on 2.5 acres in The Meadowlands
- ➤Property is 100% leased to one tenant
- ➤Estimated stabilized cap rate is 5.5%
Terreno Realty Corporation Acquires Property in Carlstadt, NJ for $5.4 Million
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Carlstadt, New Jersey on November 2, 2026 for a purchase price of approximately $5.4 million.
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