Terreno Realty (TRNO) Acquires Washington Industrial Property in $15M Deal
Tweet
Share
E-mailGet Alerts TRNO Hot Sheet
Join SI Premium – FREE
Terreno Realty Corporation (NYSE: TRNO) acquired an industrial property located in Kent, Washington on December 30, 2011 for a purchase price of approximately $15.0 million.
The property consists of two multi tenant industrial buildings containing approximately 169,000 square feet. The property is currently 85% leased to six tenants and is located in the heart of the Kent Valley less than five miles from Seattle-Tacoma International Airport and accessible directly via both West Valley Highway and 64th Avenue South. The estimated stabilized cap rate of the property is 6.0%.
The property consists of two multi tenant industrial buildings containing approximately 169,000 square feet. The property is currently 85% leased to six tenants and is located in the heart of the Kent Valley less than five miles from Seattle-Tacoma International Airport and accessible directly via both West Valley Highway and 64th Avenue South. The estimated stabilized cap rate of the property is 6.0%.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Terreno Realty buys Redmond, WA industrial property for $8M
- Terreno Realty Corporation Acquires Property in Redmond, WA for $8.0 Million
- Trustar Bank to acquire Forbright Bank branches for $750M in deposits
Create E-mail Alert Related Categories
Mergers and AcquisitionsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
