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Overview
Terreno Realty is a real estate investment trust (REIT) focused on acquiring, owning and operating industrial properties in key coastal markets in the United States. The company was founded in 2010 and is headquartered in San Francisco, California. The company's portfolio consists of approximately 18.1 million square feet of industrial real estate assets located in six major markets: Los Angeles/Long Beach, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami and Washington, D.C. These markets are known for their strong economies, high barriers to entry, and high demand for industrial space. Terreno Realty's primary strategy is to acquire and operate industrial properties that are well-located within these key markets, with a focus on high-growth, high-barrier-to-entry locations that are in close proximity to major transportation hubs and population centers. The company targets smaller, functional properties with high occupancy and strong tenant demand, aiming to generate stable cash flow and long-term value for its shareholders. Terreno Realty's management team has extensive experience in real estate and commercial property acquisitions, development and management, and is committed to growing the company's portfolio and delivering solid returns to investors. The company's focus on high-demand markets and smaller, functional properties has helped it to establish a strong track record of growth and profitability. Overall, Terreno Realty is a well-respected and successful REIT that is well-positioned for continued growth in the attractive industrial real estate sector.
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