Terreno Realty Corporation Announces Lease Renewal in Carson, CA
Terreno Realty (NYSE:TRNO), a major player in industrial real estate across six coastal U.S. markets, has announced an early lease renewal for a property in Carson, California. The renewal involves a 5.4-acre improved land parcel leased to a leading national ground delivery company. Originally set to expire in March 2025, the lease has been extended to March 2030, securing a long-term tenant for the property.
This strategic move reinforces Terreno's position in the Los Angeles market, one of its key operational areas. The company's focus on prime coastal locations, including Northern New Jersey/New York City, Miami, San Francisco Bay Area, Seattle, and Washington, D.C., underscores its targeted approach to industrial real estate investment and management.
Terreno Realty (NYSE:TRNO), un attore di primo piano nel settore immobiliare industriale in sei mercati costieri degli Stati Uniti, ha annunciato un rinnovo anticipato del contratto di locazione per una proprietà a Carson, California. Il rinnovo riguarda un terreno migliorato di 5,4 acri affittato a una importante azienda nazionale di consegna a terra. Originariamente previsto per scadere a marzo 2025, il contratto di locazione è stato esteso a marzo 2030, assicurando un inquilino a lungo termine per la proprietà.
Questa mossa strategica rinforza la posizione di Terreno nel mercato di Los Angeles, uno dei principali ambiti operativi dell'azienda. L'attenzione della società a località costiere di alto livello, tra cui North New Jersey/New York City, Miami, Area del Golfo di San Francisco, Seattle e Washington, D.C., sottolinea il suo approccio mirato agli investimenti e alla gestione immobiliare industriale.
Terreno Realty (NYSE:TRNO), un jugador importante en el sector inmobiliario industrial en seis mercados costeros de EE. UU., ha anunciado un renovación anticipada del contrato de arrendamiento para una propiedad en Carson, California. La renovación involucra un terreno mejorado de 5.4 acres arrendado a una empresa nacional líder en entregas terrestres. Originalmente programado para expirar en marzo de 2025, el contrato de arrendamiento ha sido extendido hasta marzo de 2030, asegurando así un inquilino a largo plazo para la propiedad.
Este movimiento estratégico refuerza la posición de Terreno en el mercado de Los Ángeles, una de sus principales áreas operativas. El enfoque de la empresa en ubicaciones costeras privilegiadas, incluidas del Norte de Nueva Jersey/Ciudad de Nueva York, Miami, el Área de la Bahía de San Francisco, Seattle y Washington, D.C., subraya su enfoque dirigido hacia la inversión y gestión de bienes raíces industriales.
Terreno Realty (NYSE:TRNO)는 미국의 여섯 개 해안 시장에서 산업 부동산의 주요 기업으로, 캘리포니아 카슨에 위치한 자산에 대한 조기 임대 갱신을 발표했습니다. 이 갱신에는 5.4에이커의 개선된 토지 parcel가 포함되어 있으며, 선도적인 국가 지상 배송 회사에 임대되었습니다. 원래 2025년 3월에 만료될 예정이었던 임대 계약은 2030년 3월까지 연장되어 장기 임차인을 확보하게 되었습니다.
이 전략적 결정은 로스앤젤레스 시장에서 Terreno의 입지를 강화하는 데 기여하며, 이는 주요 운영 지역 중 하나입니다. 회사는 노던 뉴저지/뉴욕시, 마이애미, 샌프란시스코 베이 지역, 시애틀 및 워싱턴 D.C.를 포함한 주요 해안 위치에 집중하고 있어 산업 부동산 투자 및 관리에 대한 목표 지향적인 접근 방식을 강조합니다.
Terreno Realty (NYSE:TRNO), un acteur majeur de l'immobilier industriel sur six marchés côtiers aux États-Unis, a annoncé un renouvellement anticipé du bail pour une propriété à Carson, Californie. Le renouvellement concerne un terrain amélioré de 5,4 acres loué à une entreprise nationale de livraison terrestre de premier plan. Initialement prévu pour expirer en mars 2025, le bail a été prolongé jusqu'à mars 2030, garantissant ainsi un locataire à long terme pour la propriété.
Ce mouvement stratégique renforce la position de Terreno sur le marché de Los Angeles, l'un de ses principaux domaines d'exploitation. L'entreprise met l'accent sur des emplacements côtiers privilégiés, notamment le nord du New Jersey/New York, Miami, la région de la baie de San Francisco, Seattle et Washington D.C., soulignant ainsi son approche ciblée en matière d'investissement et de gestion de l'immobilier industriel.
Terreno Realty (NYSE:TRNO), ein wichtiger Akteur im industriellen Immobilienmarkt in sechs Küstenmärkten der USA, hat eine vorzeitige Verlängerung des Mietvertrags für eine Immobilie in Carson, Kalifornien, angekündigt. Die Verlängerung betrifft ein 5,4 Acres großes, verbessertes Grundstück, das an ein vermietet ist. Ursprünglich sollte der Vertrag im März 2025 auslaufen, wurde jedoch bis März 2030 verlängert, wodurch ein langfristiger Mieter für die Immobilie gesichert wird.
Dieser strategische Schritt stärkt Terrenos Position im Los Angeles-Markt, einem der wichtigsten operativen Bereiche des Unternehmens. Der Fokus des Unternehmens auf erstklassige Küstenstandorte, einschließlich Nord-New Jersey/New York City, Miami, dem San Francisco Bay Area, Seattle und Washington, D.C., unterstreicht seinen zielgerichteten Ansatz zur Investition in und Verwaltung von industriellen Immobilien.
- Early lease renewal secures tenant for an additional 5 years
- Maintains occupancy in key Los Angeles market
- Demonstrates ability to retain major national clients
- None.
Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal
Additional information about Terreno Realty Corporation is available on the company’s web site at www.terreno.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management’s beliefs and on assumptions made by, and information currently available to, management. When used, the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “result,” “should,” “will,” “seek,” “target,” “see,” “likely,” “position,” “opportunity,” “outlook,” “potential,” “enthusiastic,” “future” and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors, that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2023 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240719821924/en/
Jaime Cannon
415-655-4580
Source: Terreno Realty Corporation
FAQ
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