Terreno Realty Corporation Sells Property in Doral, FL, for $20.6 Million
Terreno Realty (NYSE:TRNO) has sold an industrial property in Doral, Florida for $20.6 million. The property, which consists of one industrial distribution building spanning 75,000 square feet on 2.8 acres, is fully leased to a single tenant. The company had originally purchased the property in July 2012 for $4.2 million and achieved an unleveraged internal rate of return of 13.4% on the investment.
Terreno Realty (NYSE:TRNO) ha venduto una proprietà industriale a Doral, Florida per 20,6 milioni di dollari. La proprietà, composta da un edificio di distribuzione industriale di 75.000 piedi quadrati su 2,8 acri, è completamente affittata a un unico inquilino. L'azienda aveva inizialmente acquistato la proprietà nel luglio 2012 per 4,2 milioni di dollari e ha conseguito un tasso di rendimento interno non levereggiato del 13,4% sull'investimento.
Terreno Realty (NYSE:TRNO) ha vendido una propiedad industrial en Doral, Florida por 20,6 millones de dólares. La propiedad, que consiste en un edificio de distribución industrial de 75.000 pies cuadrados en 2,8 acres, está completamente alquilada a un único inquilino. La empresa había comprado originalmente la propiedad en julio de 2012 por 4,2 millones de dólares y obtuvo una tasa interna de retorno no apalancada del 13,4% sobre la inversión.
Terreno Realty (NYSE:TRNO)는 플로리다주 도랄에 있는 산업 부동산을 2060만 달러에 판매했습니다. 이 부동산은 2.8에이커에 걸쳐 75,000 평방피트의 산업 물류 건물로 구성되어 있으며, 단일 세입자에게 완전히 임대되어 있습니다. 회사는 원래 2012년 7월에 이 부동산을 420만 달러에 구입했으며, 해당 투자에 대한 비레버리지 내부 수익률은 13.4%에 달했습니다.
Terreno Realty (NYSE:TRNO) a vendu une propriété industrielle à Doral, Floride pour 20,6 millions de dollars. La propriété, qui comprend un bâtiment de distribution industrielle de 75 000 pieds carrés sur 2,8 acres, est entièrement louée à un seul locataire. L'entreprise avait initialement acheté la propriété en juillet 2012 pour 4,2 millions de dollars et a réalisé un taux de rendement interne non pris en compte de 13,4% sur l'investissement.
Terreno Realty (NYSE:TRNO) hat eine Industrieimmobilie in Doral, Florida für 20,6 Millionen Dollar verkauft. Die Immobilie besteht aus einem Industrie-Distributionsgebäude mit einer Fläche von 75.000 Quadratfuß auf 2,8 Acres und ist vollständig an einen einzigen Mieter vermietet. Das Unternehmen hatte die Immobilie ursprünglich im Juli 2012 für 4,2 Millionen Dollar erworben und erzielte einen unbelasteten internen Zinsfuß von 13,4% auf die Investition.
- Significant return on investment: Property sold for $20.6M vs. $4.2M purchase price
- Strong unleveraged internal rate of return of 13.4%
- Property was 100% leased at time of sale
- None.
Insights
The sale of this Doral property demonstrates exceptional value creation, with the
The full occupancy at sale and location in the high-demand Miami market likely contributed to the strong exit valuation. At approximately
The property consists of one industrial distribution building containing 75,000 square feet on 2.8 acres which is
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.
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Terreno Realty Corporation
Jaime Cannon
415-655-4580
Source: Terreno Realty Corporation
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