Terreno Realty Acquires San Carlos Industrial Property for $29 Million
- Terreno Realty acquired an industrial property in San Carlos, California, for approximately $29 million on October 29, 2026.
- The property comprises five industrial flex buildings totaling approximately 80,000 square feet on 4.1 acres.
- Occupancy stands at 86% across three tenants.
- Leases covering 38% of the property expire in April 2027.
- The estimated stabilized capitalization rate is 5.7%.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Terreno Realty Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20261023797384) on October 30, 2026, and is solely responsible for the information contained therein.