Terreno Realty sells East Rutherford industrial property for $25 million
TRNO•Terreno Realty sold a vacant 86,000-square-foot industrial property in East Rutherford, New Jersey, for approximately $25 million on October 14, 2026. The investment generated an unleveraged internal rate of return of 11%.
1. Property sale
Terreno Realty sold the property, which comprises an 86,000-square-foot rear-load industrial distribution building on 4.3 acres. The company purchased it on October 15, 2015, for $9.3 million.
