Terreno sale signals pricing
Social REIT reporting highlighted Terreno Realty's sale of a 56k SF light‑industrial building in Maryland for $11.1M — a transaction the roundup used as a pricing benchmark for well‑leased small industrial assets reported. The post framed that deal as evidence of continued investor demand and tight pricing for compact logistics properties.
Closed on March 6, 2026 (investors.terreno.com). The asset sits on 4.5 acres and was 100% leased at the time of disposition (investors.terreno.com). Terreno originally acquired the site on December 11, 2013 for $5.6 million and reported an unleveraged internal rate of return of 10.8% on the investment (investors.terreno.com). The purchaser was not disclosed in S&P Capital IQ / MarketScreener reporting of the transaction (marketscreener.com). Terreno lists New York/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C. as its six coastal operating markets (investors.terreno.com). The company recorded $386.4 million in total dispositions for 2025 and had $19.9 million of dispositions under contract as of December 31, 2025 (zacks.com). Recent company activity in Southern California includes a lease renewal and a new lease in Gardena (reported Mar. 5, 2026) and a lease announcement in Rancho Dominguez (reported Feb. 20, 2026) (marketscreener.com).
