Terreno Realty Acquires Queens Industrial Property for $13.9 Million
Terreno Realty acquired an industrial property in Maspeth, Queens, on October 20, 2026, for approximately $13.9 million.
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Terreno Realty Corporation acquired a 29,000 sf industrial property in Maspeth, Queens for approximately $13.9M, currently vacant, with an estimated stabilized cap rate of 6.3%. The deal includes early termination of a 121,000 sf lease in Tukwila, WA.Material DetailsContext by AI AnalystThis is a m…
Terreno Realty Corporation (NYSE:TRNO), which acquires, owns and operates industrial real estate in six major coastal U.S. markets, purchased an industrial property in Maspeth, Queens, New York on October 20, 2026. The purchase price was approximately $13.9 million. The property consists of…