Terreno Realty acquires South San Francisco industrial property for $19 million
TRNO•Terreno Realty acquired a 60,000-square-foot industrial distribution building on 2.1 acres in South San Francisco for approximately $19 million on November 6, 2026. The property is fully leased to one tenant, with an estimated stabilized capitalization rate of 4.8%.
1. Property acquisition
Terreno Realty acquired the industrial property in South San Francisco, California, for approximately $19 million on November 6, 2026. The industrial distribution building contains approximately 60,000 square feet on 2.1 acres and is fully leased to one tenant, with an estimated stabilized capitalization rate of 4.8%.
