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Terreno Realty Corporation Acquires Property in South San Francisco, CA for $19.0 Million

TRNO
  • Terreno Realty Corporation acquired an industrial property in South San Francisco, California on November 6, 2026.
  • The purchase price for the property was approximately $19.0 million.
  • The site comprises a 60,000-square-foot distribution building on 2.1 acres at 233 East Harris Avenue.
  • The location is situated between San Francisco International Airport & the City of San Francisco.
  • The building features four dock-high, one van-high, & two grade-level loading positions with parking for 57 cars.
  • The property is 100% leased to a single tenant.
  • The estimated stabilized cap rate for the acquisition is 4.8%.
  • Terreno Realty operates industrial real estate in six major coastal U.S. markets including the San Francisco Bay Area.