Terreno (TRNO) was a big mover last session on higher-than-average trading volume. The latest trend in FFO estimate revisions might not help the stock continue moving higher in the near term.
TRNO's Q1 updates highlight higher rents and improved occupancy year over year amid healthy demand for industrial real estate assets.
TRNO's securing of a 100% lease of Countyline Corporate Park Phase IV Building 33 in Hialeah, FL, reflects solid demand for its properties.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Leases in Hialeah, FL.
Terreno Realty is a "wide moat" REIT with superior location advantages in six major U.S. coastal markets, driving strong market rent performance. TRNO boasts a conservative capital structure with low net debt/EBITDA and minimal refinancing headwinds, enhancing its financial stability and growth potential. TRNO's superior real estate and defensive balance sheet lead to attractive operating fundamentals, with analysts forecasting 10% growth in 2025, outperforming peers.
TRNO redevelops property in Santa Ana, CA, boosting its portfolio to cater to tenants' demand.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Completes Redevelopment in Santa Ana, CA.
Terreno Realty (TRNO) came out with quarterly funds from operations (FFO) of $0.62 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.58 per share a year ago.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Declares Quarterly Dividend and Files Annual 2024 Financial Statements.
SAN FRANCISCO--(BUSINESS WIRE)--Terreno Realty Corporation Announces Tax Treatment of 2024 Dividends.
TRNO disposes of an industrial building in South San Francisco, aiming to achieve financial flexibility and long-term growth.
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in South San Francisco, CA for $8.0 Million.