Terreno Realty Corporation Announces Lease in Rancho Dominguez, CA
Terreno Realty Corporation (NYSE: TRNO) has announced a new lease agreement for 66,000 square feet in Rancho Dominguez, California. The lease, with a manufacturer and distributor of laboratory reagents, will commence on June 1, 2026, immediately following the current lease's expiration, and is set to run until September 2036. Terreno Realty specializes in industrial real estate across six major coastal U.S. markets.
Terreno Realty Corporation Announces Lease in Rancho Dominguez, CA
Terreno Realty Corporation announced it has secured a lease for 66,000 square feet in Rancho Dominguez, California, with a manufacturer and distributor of laboratory reagents, stains, and disinfectants. The lease is set to begin on June 1, 2026, and will continue until September 2036. Terreno Realty Corporation specializes in acquiring, owning, and operating industrial real estate across six major coastal U.S. markets.
US industrial investor Terreno Realty buys Queens asset for $92m
US industrial real estate investor Terreno Realty has acquired a property in College Point, Queens, New York, for $92 million. The asset, an 81,000 sqft cross-dock industrial distribution building with additional parking, is currently shell-complete. Terreno Realty plans to invest further to build out interior finishes, including office space, with total investment expected to reach $103.4 million and completion by early 2027.
Terreno Buys NYC Industrial Asset for $92M
Terreno Realty Corp. has acquired the College Point Logistics Center in Queens, N.Y., for $92 million, expanding its industrial portfolio. The three-story property, previously owned by Wildflower Ltd., will undergo further build-out by Terreno, bringing its total investment to $103.4 million. The facility, strategically located with access to major thoroughfares and airports, is expected to be completed in early 2027 and will serve the vast consumer market in the New York City area.
Terreno Realty launches USD 500 million at-the-market equity offering
Terreno Realty Corp has initiated an at-the-market equity offering to raise up to $500 million through the sale of common shares. This offering provides the company with capital flexibility for ongoing operations and potential industrial property acquisitions in the U.S. Analysts note this mechanism allows incremental fundraising at market prices without a fixed issuance schedule, supporting Terreno Realty's expansion strategy amid strong industrial property demand.
Terreno snags Queens logistics center for $92M less than a year after its last sale
Terreno Realty has acquired a logistics property in Queens for $92 million from Wildflower, less than a year after its previous sale. The site is currently under construction, with an expected completion date in early 2027. This acquisition continues Terreno's pattern of investing in industrial properties in the New York City area.
Terreno Realty Corporation Acquires Property in Queens, NY for $92.0 Million
Terreno Realty Corporation has acquired an industrial property in College Point, Queens, New York for approximately $92.0 million. The property includes an 81,000-square-foot cross-dock industrial distribution building with indoor parking on 4.0 acres. The total expected investment is $103.4 million, with an estimated stabilized cap rate of 5.4%, and interior finishes are expected to be completed in early 2027.
Terreno Realty Corp Commences 'At The Market' Equity Offering
Terreno Realty Corp (TRNO) has announced the commencement of an "At The Market" equity offering. The article notes that this is a brief update from Reuters regarding the company's strategy, business, and products.
Terreno Realty launches $500M ATM equity program with multiple sales agents
Terreno Realty (TRNO) has initiated an at-the-market (ATM) equity program to sell up to $500 million in common stock. The company filed a prospectus supplement and entered into agreements with 12 sales agents to facilitate these sales, which may occur through various market transactions. Proceeds from the program will fund general corporate purposes, including acquisitions, developments, and debt repayment.
Analysts Conflicted on These Real Estate Names: Terreno Realty (TRNO) and Eastgroup Properties (EGP)
Analysts from Wells Fargo have expressed differing opinions on two real estate companies: Terreno Realty (TRNO) and Eastgroup Properties (EGP). While Terreno Realty received a "Hold" rating from Wells Fargo and Citi, with an 8.2% upside potential, Eastgroup Properties was given a "Buy" rating from Wells Fargo and BMO Capital, with an 8.5% upside from current levels. Both companies have a Moderate Buy consensus rating from analysts.
Public Sector Pension Investment Board Grows Stock Holdings in Terreno Realty Corporation $TRNO
The Public Sector Pension Investment Board increased its stake in Terreno Realty Corporation (NYSE:TRNO) by 14.4% in the third quarter, acquiring an additional 50,750 shares to hold a total of 402,986 shares valued at approximately $22.87 million. Other institutional investors like State Street Corp and Norges Bank also show increased or new positions in the real estate investment trust. Terreno Realty recently surpassed earnings expectations, holds a "Moderate Buy" consensus rating with an average target price of $69.36, and declared a quarterly dividend of $0.52.
Baird raises Terreno Realty stock price target to $67 on improving rental trends
Baird has increased its price target for Terreno Realty Corp (NYSE:TRNO) to $67.00 from $64.00, maintaining an Outperform rating due to the company's strong performance as the best-performing industrial REIT year-to-date. The upgrade is driven by an improved outlook for rental trends in coastal markets and the company's ability to leverage its underlevered balance sheet for growth. The article also notes recent company activities, including a $200 million term loan and an industrial property acquisition, alongside another price target increase from KeyBanc.
Baird raises Terreno Realty stock price target to $67 on improving rental trends
Baird has increased its price target for Terreno Realty Corp (NYSE:TRNO) to $67.00 from $64.00, maintaining an Outperform rating due to improving rental trends in coastal markets. Terreno Realty has been the best-performing industrial REIT year-to-date, demonstrating an 11.41% total return and 12 consecutive years of dividend increases. The firm also acquired an industrial property in Tukwila, Washington, for $27.1 million and secured a $200 million unsecured term loan.
Terreno Realty (NYSE:TRNO) Given New $70.00 Price Target at Citigroup
Citigroup has increased its price target for Terreno Realty (NYSE:TRNO) to $70.00 from $64.00, maintaining a "neutral" rating, while other analysts have also raised their targets following strong Q4 earnings. The real estate investment trust beat analyst expectations with $1.53 EPS and $137.5M revenue. Terreno Realty, trading near its 52-week high, specializes in industrial properties in key coastal markets.
Investors brace for Terreno earnings as industrial picks up steam By Investing.com
Terreno Realty Corporation (TRNO) is set to report fourth-quarter earnings, with analysts anticipating $0.52 per share on $126.6 million in revenue, a 9% sequential increase. Investors will be keying in on leasing momentum and the company’s financial flexibility for acquisitions, especially in coastal markets where Terreno holds significant infill properties. The stock currently trades at a premium valuation with a mean price target of $68.59, implying a 3.95% upside.
Terreno Realty stock price target raised to $72 from $68 at KeyBanc
KeyBanc has increased its price target for Terreno Realty Corp (NYSE:TRNO) to $72 from $68, maintaining an Overweight rating due to favorable Q4 2025 results and positive outlook. The company's strong financial flexibility, improving leasing demand, and stabilizing rental rates, coupled with a low PEG ratio, contribute to this positive assessment. This update follows recent financial moves by Terreno Realty, including a new $200 million unsecured term loan and a property acquisition in Washington, further reinforcing its strategic position in the industrial real estate market.
Terreno Realty stock price target raised to $72 from $68 at KeyBanc
KeyBanc has increased its price target for Terreno Realty Corp (NYSE:TRNO) to $72 from $68, maintaining an Overweight rating due to favorable fourth-quarter 2025 performance. The industrial real estate investment trust shows improving leasing demand, stabilizing rental rates, and a strong balance sheet. This positive outlook is supported by recent strategic moves, including a new $200 million unsecured term loan and property acquisition, as well as upgrades from other analyst firms like Baird.
Terreno Realty stock price target raised to $72 from $68 at KeyBanc
KeyBanc has increased its price target for Terreno Realty Corp (NYSE:TRNO) to $72 from $68, maintaining an Overweight rating due to "favorable" fourth-quarter 2025 results. The firm cited improving leasing demand, stable rental rates, and an accelerating growth outlook for the second half of 2026. Terreno Realty's low-leverage balance sheet was highlighted as a significant advantage, providing financial flexibility for opportunistic investments.
Terreno Realty stock price target raised to $72 from $68 at KeyBanc at KeyBanc
KeyBanc has increased its price target for Terreno Realty Corp (NYSE:TRNO) to $72 from $68, maintaining an Overweight rating. This decision follows Terreno's "favorable" Q4 2025 performance, supported by improving leasing demand, stable rental rates, and a strong balance sheet enabling opportunistic investments. The new target aligns with InvestingPro’s Fair Value assessment, indicating the stock is currently undervalued despite trading near its 52-week high.
Terreno Realty stock price target raised to $72 from $68 at KeyBanc
KeyBanc has increased its price target for Terreno Realty Corp (NYSE:TRNO) to $72.00 from $68.00, maintaining an Overweight rating. This adjustment follows the company's "favorable" Q4 2025 results, strong leasing demand, stable rental rates, and a low-leverage balance sheet. The new target aligns with InvestingPro’s Fair Value assessment, indicating the stock is currently undervalued.
Terreno Realty Corporation (NYSE:TRNO) Receives Consensus Rating of "Moderate Buy" from Brokerages
Terreno Realty Corporation (NYSE:TRNO) has received a consensus "Moderate Buy" rating from fourteen brokerages, with an average 1-year target price of $67.40. The company recently surpassed Q4 earnings expectations, reporting EPS of $1.53 against an estimated $0.85, and revenue of $137.5 million versus $124.7 million. Terreno Realty also declared a quarterly dividend of $0.52 per share, indicating an annualized yield of approximately 3.1%.
Terreno Realty Corporation Declares Quarterly Dividend and Files Annual 2025 Financial Statements
Terreno Realty Corporation (NYSE: TRNO) has declared a regular cash dividend of $0.52 per common share for the quarter ending March 31, 2026, payable on April 10, 2026. The company also announced the filing of its annual report on Form 10-K for the year ended December 31, 2025, which is available on its website. Terreno Realty Corporation specializes in acquiring, owning, and operating industrial real estate in six major coastal U.S. markets.
Terreno Realty (NYSE:TRNO) Price Target Raised to $70.00 at Citizens Jmp
Citizens Jmp raised its price target for Terreno Realty (NYSE:TRNO) to $70.00 from $66.00, maintaining a "market outperform" rating. This new target suggests a potential upside of 7.74% from the stock's previous close. The adjustment follows Terreno Realty's strong quarterly earnings, where it reported $1.53 EPS against an expected $0.85 and revenues of $137.48 million, surpassing analyst estimates.
Bessemer Group Inc. Buys 79,964 Shares of Terreno Realty Corporation $TRNO
Bessemer Group Inc. increased its stake in Terreno Realty Corporation by 16.5%, purchasing an additional 79,964 shares to hold a total of 564,695 shares valued at $32.05 million. Terreno Realty exceeded earnings expectations with an EPS of $1.00 and revenue of $116.25 million, and announced a quarterly dividend of $0.52 per share. Analysts have an average rating of "Moderate Buy" for the stock, with an average target price of $66.00.
Terreno Realty Corporation Declares Quarterly Dividend of $0.52 (NYSE:TRNO)
Terreno Realty Corporation (NYSE:TRNO) announced a quarterly dividend of $0.52 per share, payable on April 10th to shareholders of record on March 27th, resulting in a 3.2% annualized yield. Despite a current payout ratio of 123.1%, the company's dividend is expected to be more sustainable next year with an anticipated EPS of $2.87, reducing the payout ratio to 72.5%. Terreno recently beat earnings and revenue estimates, reporting $1.53 EPS against $0.87 consensus and $137.48 million in revenue.
Terreno: Q4 Earnings Snapshot
Terreno Realty Corp. (TRNO) reported its fourth-quarter earnings, showing funds from operations (FFO) of $86.5 million, or 83 cents per share. The company, an industrial real estate investment trust, also posted a net income of $157.5 million and revenue of $137.5 million for the quarter. For the full year, Terreno recorded FFO of $284.7 million and revenue of $476.4 million.
Terreno: Overview of Q4 Financial Results
Terreno Realty Corp. announced its financial results for the fourth quarter, reporting funds from operations of $86.5 million, or 83 cents per share, and a net income of $157.5 million, or $1.53 per share. The company's revenue for the quarter reached $137.5 million, contributing to full-year funds from operations of $284.7 million and total revenue of $476.4 million.
Terreno Realty (NYSE:TRNO) Posts Quarterly Earnings Results, Beats Expectations By $0.66 EPS
Terreno Realty (NYSE:TRNO) announced strong quarterly earnings, reporting $1.53 EPS, significantly exceeding analysts' expectation of $0.87. The real estate investment trust also surpassed revenue estimates, bringing in $137.48 million against the forecasted $124.72 million, leading to a 3.0% increase in stock price. Analysts maintain a "Moderate Buy" consensus rating for TRNO with an average price target of $66.00.
Terreno Realty Corp SEC 10-K Report
Terreno Realty Corporation has released its 2025 10-K report, showcasing significant financial growth, strategic acquisitions totaling $683.5 million, and ongoing development projects. The company reported total revenues of $476.4 million and net income of $403.0 million, with a diluted FFO per common share of $2.77. The report also addresses challenges including market, operational, regulatory, emerging, and financial risks, while outlining management's strategies for continued growth and financial stability.
Terreno Realty to pay $0.52 dividend April 10 as 2025 10-K goes live
Terreno Realty Corporation (NYSE: TRNO) declared a regular cash dividend of $0.52 per common share for the quarter ending March 31, 2026, payable on April 10, 2026, to stockholders of record on March 27, 2026. The company also announced the filing of its annual report on Form 10-K for the year ended December 31, 2025, with the U.S. Securities and Exchange Commission. Terreno Realty Corporation specializes in acquiring, owning, and operating industrial real estate across major U.S. coastal markets.
Terreno Realty Corporation $TRNO Stock Position Lessened by Principal Financial Group Inc.
Principal Financial Group Inc. reduced its stake in Terreno Realty Corporation ($TRNO) by 3.8% in the third quarter, selling 44,211 shares, though still holding over a million shares valued at about $63.96 million. Despite this reduction and an insider selling shares, analyst sentiment for Terreno Realty remains positive, with a consensus "Moderate Buy" rating and an average price target of $66.00, with some analysts raising their targets to as high as $75.00. The company recently reported strong quarterly earnings, surpassing analyst estimates for both EPS and revenue.
Thrivent Financial for Lutherans Acquires 53,380 Shares of Terreno Realty Corporation $TRNO
Thrivent Financial for Lutherans increased its stake in Terreno Realty Corporation by 4.7% in the third quarter, acquiring 53,380 additional shares, bringing its total to 1,181,288 shares valued at approximately $67 million. This move aligns with a generally positive analyst outlook, with a "Moderate Buy" consensus and an average price target of $66 for TRNO. The company recently reported a strong EPS beat and offers a quarterly dividend of $0.52, yielding about 3.4%.
Terreno Realty Corporation Announces Tax Treatment of 2025 Dividends
Terreno Realty Corporation (NYSE: TRNO) has announced the income tax treatment for its 2025 dividend distributions to common stock holders. The total 2025 distribution of $1.91 per share includes portions from one 2024 distribution paid in 2025, three distributions declared and paid in 2025, and a portion from one 2025 distribution paid in 2026. The company provided a detailed breakdown of the ordinary taxable dividend, capital gain dividend, return of capital dividend, unrecaptured Section 1250 gain, and Section 199A dividend for each distribution date.
Terreno Realty (TRNO) to Release Earnings on Wednesday
Terreno Realty (NYSE:TRNO) is scheduled to release its Q4 2025 earnings before market open on Wednesday, February 4th, with analysts expecting $0.87 EPS and $124.72 million in revenue. The company previously beat estimates in Q3 2025, reporting $1.00 EPS against a consensus of $0.66. Terreno Realty also recently announced a quarterly dividend of $0.52 per share, representing an annualized dividend of $2.08 and a yield of 3.4%.
Strs Ohio Grows Stock Position in Terreno Realty Corporation $TRNO
STRS Ohio significantly increased its stake in Terreno Realty Corporation (NYSE:TRNO) by 131.6% to 286,300 shares, valued at approximately $16.25 million. This comes as other institutional investors like Norges Bank and Osterweis Capital Management also made substantial new investments in the company. Terreno Realty beat quarterly earnings expectations, posted revenue of $116.25 million, and maintains a "Moderate Buy" consensus rating from analysts.
Massachusetts Financial Services Co. MA Trims Stake in Terreno Realty Corporation $TRNO
Massachusetts Financial Services Co. has reduced its stake in Terreno Realty Corporation by 12.9%, selling over 93,000 shares but still owning 634,931 shares valued at $36.03 million. Analysts have a "Moderate Buy" rating for TRNO with an average price target of $66, and the company recently surpassed EPS estimates and offers a 3.3% dividend yield.
Terreno Realty (NYSE:TRNO) Stock Passes Above 200 Day Moving Average - Here's What Happened
Terreno Realty (NYSE:TRNO) stock has crossed above its 200-day moving average, trading as high as $62.85. The company has received multiple analyst price target increases, with a consensus "Moderate Buy" rating and an average target of $66.00. Terreno Realty recently beat quarterly earnings estimates, reported $116.25 million in revenue, and announced a quarterly dividend of $0.52 per share with a 3.3% yield.
Landfill to logistics hub: $43.4M Miami warehouse now full
Terreno Realty Corporation has completed and stabilized Countyline Corporate Park Phase IV Building 32 in Hialeah, Florida, a 164,000 square foot industrial distribution building that is now 100% leased to two tenants. The total investment for this LEED-certified building was $43.4 million, with an estimated stabilized cap rate of 6.0%. The larger Countyline Corporate Park Phase IV project, built on a redeveloped landfill, is expected to be completed in 2027 and will comprise ten industrial buildings totaling 2.2 million square feet with an anticipated total investment of $511.5 million.
Terreno Realty Corporation Announces Development Completion in Hialeah, FL
Terreno Realty Corporation (NYSE: TRNO) has announced the completion and stabilization of Countyline Corporate Park Phase IV Building 32 in Hialeah, Florida, which is 100% leased to two tenants. This 164,000 square foot industrial distribution building represents a $43.4 million investment with an estimated stabilized cap rate of 6.0%. The company is also developing the larger Countyline Corporate Park Phase IV, an anticipated 2.2 million square feet of LEED-certified industrial space expected by 2027.
Terreno Realty Corporation Announces Development Completion in Hialeah, FL
Terreno Realty Corporation announced the completion and stabilization of Countyline Corporate Park Phase IV Building 32 in Hialeah, Florida. The 164,000 square foot industrial distribution building is 100% leased to two tenants, involved a $43.4 million investment, and is expected to achieve LEED certification with an estimated stabilized cap rate of 6.0%. This development is part of a larger 121-acre project, which will ultimately contain ten LEED-certified industrial distribution buildings totaling approximately 2.2 million square feet.
Terreno Realty Corporation Announces Development Completion in Hialeah, FL
Terreno Realty Corporation has announced the completion and stabilization of Countyline Corporate Park Phase IV Building 32 in Hialeah, Florida. This 164,000 square foot industrial distribution building is 100% leased to two tenants and is expected to achieve LEED certification. The total investment for this building is $43.4 million, with an estimated stabilized cap rate of 6.0%.
Terreno Realty stock rating reiterated at Overweight by KeyBanc
KeyBanc has reiterated its "Overweight" rating and $68.00 price target for Terreno Realty Corp (NYSE:TRNO) after the company's Q4 2025 update, noting an approximate 13% upside. The firm slightly adjusted FFO estimates for 2025 and 2026 downward but maintained its 2027 estimate, based on Terreno's strong financials and steady leasing activity. InvestingPro highlights Terreno's 12 consecutive years of dividend raises and a 3.47% yield, while recent news includes a new $200 million loan, property acquisition, and an upgrade by Baird.
Terreno Realty stock rating reiterated at Overweight by KeyBanc
KeyBanc has reiterated its Overweight rating and $68.00 price target for Terreno Realty Corp (NYSE:TRNO) following the release of the company's fourth-quarter 2025 operating and investment update. Despite a slight adjustment in 2025 and 2026 FFO estimates, the firm maintains full confidence in Terreno due to its strong financial standing, consistent dividend raises, and robust revenue growth. The stock currently trades at $59.92, indicating a potential 13% upside to KeyBanc’s target, aligning with InvestingPro analyst consensus.
Terreno Realty stock rating reiterated at Overweight by KeyBanc
KeyBanc has reiterated its Overweight rating and $68.00 price target for Terreno Realty Corp (NYSE:TRNO) following the company's Q4 2025 update, indicating a 13% upside from its current trading price. Despite slight adjustments to 2025 and 2026 FFO estimates, the firm maintains confidence in Terreno's performance, citing steady leasing activity and expected growth acceleration in H2 2026. Terreno Realty has also recently secured a $200 million term loan and acquired an industrial property in Washington.
Terreno Realty price target raised to $60 from $57 at Barclays
Barclays has increased its price target for Terreno Realty (TRNO) to $60 from $57, maintaining an Equal Weight rating. This adjustment is part of its 2026 outlook for real estate investment trusts, with the firm seeing the most upside in apartments, storage, and single-family rentals. Barclays remains Neutral on REITs overall for 2026.
Terreno Realty Corporation (NYSE:TRNO) Given Average Recommendation of "Moderate Buy" by Brokerages
Fourteen brokerages have given Terreno Realty Corporation (NYSE:TRNO) an average rating of "Moderate Buy," with an average 12-month price target of $65.85. The company recently reported strong quarterly earnings, exceeding estimates, and pays a quarterly dividend of $0.52 per share. Insider activity shows an EVP selling shares, while several institutional investors have increased their stakes in the real estate investment trust.
Castellan Group Invests $3.58 Million in Terreno Realty Corporation $TRNO
Castellan Group has invested $3.58 million in Terreno Realty Corporation ($TRNO), acquiring 63,043 shares in Q3, making it 0.5% of their portfolio. Analysts have a "Hold" consensus with an average target of $65.31, while Terreno Realty recently surpassed earnings expectations and announced a quarterly dividend of $0.52 per share.
Baird upgrades Terreno Realty stock rating to Outperform on favorable 2026 outlook
Baird has upgraded Terreno Realty Corp (NYSE:TRNO) from Neutral to Outperform, raising its price target to $64.00, citing a favorable outlook for 2026. Despite anticipated earnings volatility in late 2025 and early 2026, Baird believes the industrial REIT's consumption-facing portfolio and underleveraged balance sheet position it well for accretive acquisitions and benefits from potential fiscal stimulus. Other firms like Citizens, KeyBanc, and Piper Sandler also hold positive ratings, with Piper Sandler raising its price target to $75.00 due to management optimism and increased tenant engagement.
Terreno Realty (NYSE:TRNO) Upgraded by Baird R W to "Strong-Buy" Rating
Baird R W upgraded Terreno Realty (NYSE:TRNO) from a "hold" to a "strong-buy" rating. This upgrade comes after Terreno Realty surpassed earnings expectations for the previous quarter, reporting $1.00 EPS against a $0.66 consensus and $116.25 million in revenue. The company also saw increased institutional investment, with State Street Corp and Norges Bank significantly boosting their stakes.
Terreno Realty secures $200 million five-year unsecured term loan
Terreno Realty Corporation has successfully closed a new $200 million five-year unsecured term loan, maturing in January 2031, which it used to reduce existing credit facility borrowings and for general corporate purposes. This financial maneuver aligns with the company's "GOOD" financial health rating from InvestingPro, characterized by a moderate debt level. The announcement comes amidst strategic growth, including recent property acquisitions and positive outlooks from various analysts.
