Terreno Realty Corp — Investor Relations & Filings

Terreno Realty Corporation acquires, owns, and operates industrial real estate exclusively in six major coastal U.S. markets: Los Angeles, Miami, New York City/Northern New Jersey, the San Francisco Bay Area, Seattle, and Washington, D.C. The company focuses on functional, flexible, and infill properties in supply-constrained locations where demand is growing. Its portfolio includes warehouse/distribution centers, flex spaces for light industrial and R&D, transshipment facilities, and improved land parcels. Terreno's investment strategy centers on acquiring properties at a discount to replacement cost, seeking to enhance returns through operational improvements, renovations, and re-tenanting. The company does not engage in ground-up development or raw land investments, instead focusing on existing assets.