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The industrial real estate company said it sold the vacant 31,000 square foot building on 2.2 acres on Sept. 25, 2026. It said the property was bought in 2013 for $2.8 million and generated an 11.9% unleveraged internal rate of return.
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Fairfield, New Jersey on September 25, 2026 for a sale price of approximately $8.8 million.The property consists of a 31,000 sq…