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Terreno Realty Corporation Acquires Property in Washington, D.C. for $11.2 Million

  • Terreno Realty Corporation acquired an industrial property in Washington, D.C. on November 5, 2026 for approximately $11.2 million.
  • The 1.0-acre site at 2910 V Street NE contains a 43,000-square-foot distribution building with eight dock-high loading positions & parking for 17 cars.
  • The property is located adjacent to Terreno's existing V Street portfolio & is 100% leased to a single tenant with an expiration date of December 2028.
  • The estimated stabilized cap rate for the acquisition is 3.5% based on annualized cash basis net operating income divided by total acquisition cost.
  • Terreno Realty Corporation operates industrial real estate across six major coastal U.S. markets: New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, & Washington, D.C.