Terreno Realty buys Torrance, Calif. industrial property for $14.7 million - TRNO News | RalliesTerreno Realty buys Torrance, Calif. industrial property for $14.7 million
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TRNO• Terreno Realty acquires Torrance industrial property
- Terreno Realty bought a 36,000-square-foot industrial property in Torrance, California, for about $14.7 million.
- The asset is fully leased through Nov. 30, 2026; a new 100% lease starts Dec. 1, 2026, running to Feb. 2030.
- The estimated stabilized cap rate is 6%.
