Terreno Realty Corporation Acquires Property in San Carlos, CA for $29.0 Million
Business Wire•30/10/2026•09:15 ET
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Key Highlights
- ➤Terreno Realty acquired a San Carlos industrial property for approximately $29.0 million
- ➤Five industrial flex buildings total approximately 80,000 square feet on 4.1 acres
- ➤Property is 86% leased to three tenants, with 38% expiring in April 2027
- ➤Estimated stabilized cap rate is 5.7%
Terreno Realty Corporation Acquires Property in San Carlos, CA for $29.0 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 San Carlos, California on October 29, 2026 for a purchase price of approximately $29.0 million.
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