Terreno Realty Corporation Sells Property in East Rutherford, NJ for $25.0 Million
Business Wire•15/10/2026•09:15 ET
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Key Highlights
- ➤Terreno sold East Rutherford property for approximately $25.0 million
- ➤86,000-square-foot industrial building was vacant at sale
- ➤Terreno purchased the property for $9.3 million in 2015
- ➤Investment generated an 11.0% unleveraged internal rate of return
Terreno Realty Corporation Sells Property in East Rutherford, NJ for $25.0 Million
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in East Rutherford, New Jersey on October 14, 2026 for a sale price of approximately $25.0 million.
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