Terreno Realty (TRNO) Prices 5M Share Offering at $62.50/sh
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Terreno Realty Corporation Prices Equity Offering
February 9, 2023 11:45 PM ESTBELLEVUE, Wash.--(BUSINESS WIRE)-- Terreno Realty Corporation (NYSE: TRNO) (the Company), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today the pricing of its public offering of 5,000,000 shares of its common stock at a price to the public of $62.50 per share. The underwriters have been granted a 30-day option to purchase up to an additional 750,000 shares of common stock. The offering is expected to close on February 13, 2023.
The Company intends to use the net proceeds from the offering for future acquisitions, including... More
