Terreno Realty Announces Quarterly Activity

Got story updates? Submit your updates here. ›

Terreno Realty Corporation, an industrial real estate investment trust, has announced its operating, investment, and capital markets activity for the first quarter of 2026. The company reported 96.3% quarter-end occupancy, 97.6% same-store occupancy, and several new and renewed leases across its portfolio. Terreno also acquired two properties, sold three properties, and completed the redevelopment of a building in its Countyline Corporate Park development.

Why it matters

As a major player in coastal U.S. industrial real estate, Terreno Realty's quarterly updates provide insights into the health and trends of this important commercial property sector. The company's leasing activity, acquisitions, and capital markets moves reflect broader dynamics in e-commerce, logistics, and the commercial real estate investment landscape.

The details

Terreno Realty's operating portfolio was 96.3% leased at the end of Q1 2026, up from 96.1% the prior quarter. The company executed several new and renewal leases, including with a manufacturer, a domestic energy company, and a tire distributor. On the investment side, Terreno acquired two properties in New York for $101.8 million and sold three properties for $86.2 million year-to-date. The company also completed the redevelopment of a 164,000 square foot building in its Countyline Corporate Park in Hialeah, Florida.

• Terreno Realty acquired two properties in Q1 2026.
• The company sold three properties year-to-date through Q1 2026.
• Terreno completed the redevelopment of a building in Countyline Corporate Park in Q1 2026.