Terreno Realty (NYSE: TRNO) — Company Overview, News & Financial Data
Terreno Realty focuses on industrial real estate in coastal U.S. markets, targeting warehousing and distribution properties.
Terreno Realty
Terreno Realty is a real estate investment trust that acquires, owns, and operates industrial properties in six major coastal markets in the United States. The company focuses on functional infill real estate located in Northern New Jersey and New York City, Los Angeles, Miami, the San Francisco Bay Area, Seattle, and Washington, D.C. Its operating portfolio includes warehouse and distribution facilities, flexible light industrial spaces, transshipment truck terminals, and improved land parcels. The firm's strategy emphasizes acquiring properties at discounts to replacement cost and generating recurring rental income from a diversified commercial tenant base.
Snapshot
Operations
Products and/or services of Terreno Realty
- Warehouse and Distribution Facilities: Acquisition, ownership, and operation of functional industrial warehouse assets in high-density infill submarkets designed to handle last-mile delivery, bulk storage, and regional e-commerce distribution across major U.S. coastal logistics hubs.
- Flex and Light Industrial Properties: Provision of adaptable flexible-use buildings that accommodate light manufacturing, research and development, and hybrid office-warehouse tenants, featuring customizable layouts, drive-in doors, and multi-tenant capabilities near urban centers.
- Transshipment and Truck Terminals: Ownership and management of dedicated logistics transfer nodes, cross-dock facilities, and truck distribution hubs optimized for high-throughput freight transfer, regional cargo handling, and port-adjacent supply chain operations.
- Improved Land Parcels: Leasing and operation of secure, paved, and fenced industrial land sites used for outdoor storage, vehicle parking, container staging, and equipment storage situated near major shipping corridors and metropolitan ports.
- Northern New Jersey and New York Port Operations: Focus on acquiring and leasing high-demand infill industrial properties and logistics assets surrounding the Port of New York and New Jersey, serving dense consumer populations across the metropolitan area.
- California Coastal Port Markets: Investment and property management across key West Coast logistics corridors, including the Los Angeles, Long Beach, and San Francisco Bay Area markets adjacent to major container ports and airports.
Terreno Realty executive team
- Mr. W. Blake BairdCo-Founder, Chairman & CEO
- Mr. Michael A. Coke CPACo-Founder, President & Director
- Mr. Jaime Jackson Cannon CPAExecutive VP, CFO, Head of Investor Relations, Secretary & Principal Accounting Officer
- Mr. John Tull MeyerExecutive VP & COO