Terreno Realty (NYSE:TRNO) focuses on acquiring, owning, and operating industrial real estate in major coastal U.S. markets. Specializing in several types of industrial properties, the company's portfolio includes warehousing, distribution, and light manufacturing spaces primarily located in six major coastal markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C./Baltimore. Terreno Realty's main objective is to generate value and attractive returns for its shareholders by targeting investments in locations that have high population densities, thereby benefiting from the growth of e-commerce and the demand for last-mile distribution centers. Their projects often involve repositioning and improving existing industrial spaces to meet the current market demands and attract high-quality tenants.