SODO station

Terreno Realty Corporation Acquires Property in Seattle, WA for $5.6 Million

Retrieved on: 
Thursday, May 14, 2020
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, REIT, SoDo, Seattle, SODO station, Seattle, Real property, Puget Sound region, Seattle metropolitan area, Cities in the United States

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 Seattle, Washington on May 13, 2020 for a purchase price of approximately $5.6 million.

Key Points: 
  • 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 Seattle, Washington on May 13, 2020 for a purchase price of approximately $5.6 million.
  • The property consists of one industrial building containing approximately 13,000 square feet on 1.1 acres.
  • The property is at 36 South Hudson Street, within three blocks of Terreno Realty Corporations SoDo Row redevelopment property and three additional Terreno properties, provides three grade-level loading positions and excess yard and is 100% leased to one tenant through December 2021.
  • Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C.

Terreno Realty Corporation Acquires Property in Seattle, WA for $2.9 Million

Retrieved on: 
Monday, November 18, 2019
Commercial Building & Real Estate, Construction & Property, REIT, SoDo, Seattle, SODO station

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 in Seattle, Washington on November 15, 2019 for a purchase price of approximately $2.9 million.

Key Points: 
  • 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 in Seattle, Washington on November 15, 2019 for a purchase price of approximately $2.9 million.
  • The 0.9-acre improved land parcel at 5200 East Marginal Way South is immediately adjacent to Terreno Realty Corporations property at 53 South Dawson and is adjacent to Seattles Port and SoDo District.
  • The property is vacant and the estimated stabilized cap rate is 5.6%.
  • Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles; Northern New Jersey/New York City; San Francisco Bay Area; Seattle; Miami; and Washington, D.C.