India, Oct. 15 -- On Thursday, Terreno Realty Corporation (TRNO), an industrial real estate owner and operator, sold a property in East Rutherford, New Jersey, on October 14, 2026, for approximately $25 million.
The vacant property includes an 86,000-square-foot industrial distribution building on 4.3 acres. Terreno bought it for $9.3 million in 2015, generating an unleveraged investment return of 11.0% annually.
On the NYSE, the shares were trading 0.32 percent down at $64.60.
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