Terreno Realty sells Miami industrial property for $21.3 million - TRNO News | RalliesTerreno Realty sells Miami industrial property for $21.3 million
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TRNO• Miami industrial sale
- Terreno Realty sold an industrial property in Miami, Florida on Aug. 26, 2026 for about USD 21.3 million.
- Asset includes a 113,000-square-foot distribution building on 3.4 acres, fully leased to a single tenant.
- Terreno bought the property on Sept. 25, 2012 for USD 8.9 million.
- Investment generated an unleveraged internal rate of return of 11.1%.