Terreno Realty

Terreno Realty is a real estate investment trust (REIT) focused on acquiring, owning and operating industrial properties in key coastal markets in the United States. The company was founded in 2010 and is headquartered in San Francisco, California.
The company's portfolio consists of approximately 18.1 million square feet of industrial real estate assets located in six major markets: Los Angeles/Long Beach, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami and Washington, D.C. These markets are known for their strong economies, high barriers to entry, and high demand for industrial space.
Terreno Realty's primary strategy is to acquire and operate industrial properties that are well-located within these key markets, with a focus on high-growth, high-barrier-to-entry locations that are in close proximity to major transportation hubs and population centers. The company targets smaller, functional properties with high occupancy and strong tenant demand, aiming to generate stable cash flow and long-term value for its shareholders.
Terreno Realty's management team has extensive experience in real estate and commercial property acquisitions, development and management, and is committed to growing the company's portfolio and delivering solid returns to investors. The company's focus on high-demand markets and smaller, functional properties has helped it to establish a strong track record of growth and profitability.
Overall, Terreno Realty is a well-respected and successful REIT that is well-positioned for continued growth in the attractive industrial real estate sector.

1. Focused on Industrial Real Estate: Terreno Realty specializes in acquiring, owning, and operating industrial real estate properties in high-demand markets across the United States. This specialization allows the company to have a deep understanding of the industrial real estate market and to make informed investment decisions.
2. High-Quality Portfolio: The company's portfolio consists of modern, functional, and well-located industrial properties that are essential to the operations of its tenants. This high-quality portfolio provides stability and predictability to its cash flow and ensures a strong return on investment.
3. Strategic Locations: Terreno Realty's properties are strategically located near major transportation hubs, business centers, and densely populated areas. This gives its tenants easy access to transportation and a large customer base, making its properties highly desirable.
4. Experienced Management Team: The company's management team has extensive experience in the real estate industry, including acquisitions, leasing, property management, and finance. This expertise enables Terreno Realty to identify and capitalize on attractive investment opportunities.
5. Strong Financial Performance: Terreno Realty has a track record of delivering strong financial performance. The company has consistently reported solid growth in rental revenue, net operating income, and funds from operations (FFO).
6. Sustainable and Responsible Operations: Terreno Realty is committed to sustainable and responsible operations. The company invests in energy-efficient buildings, uses green building practices, and promotes environmentally-friendly initiatives across its properties.
7. Tenant-Focused Approach: Terreno Realty has a tenant-focused approach, building long-term relationships with its tenants and providing exceptional customer service. This commitment to tenant satisfaction has resulted in high occupancy rates and tenant retention.
8. Strong Balance Sheet: The company maintains a strong balance sheet with low leverage and a conservative debt structure. This provides financial flexibility to pursue growth opportunities and withstand market cycles.
9. Strong Corporate Governance: Terreno Realty has a strong corporate governance framework with a majority of independent directors on its board. The company has implemented stringent policies and procedures to ensure transparency and accountability in its operations.
10. Socially Responsible: The company is committed to giving back to its communities through various charitable and social initiatives. Terreno Realty supports organizations that promote education, health, and environmental sustainability, demonstrating its commitment to being a responsible corporate citizen.

Terreno Realty is a real estate investment trust (REIT) that specializes in the acquisition, development, ownership, and operation of industrial and storage facilities in strategic and high-demand markets throughout the United States.
The company's main business model is to acquire and develop high-quality industrial and storage properties in key markets that have high barriers to entry and strong demand for commercial real estate. They focus on properties that are close to major transportation routes, including airports, seaports, and major highways.
Terreno Realty also seeks to maintain a diversified portfolio of properties in various industries, including e-commerce, logistics, retail, and manufacturing, to mitigate risks and capitalize on different market opportunities.
The company generates revenue primarily through rental income from its tenants, who typically sign long-term leases. Terreno Realty maintains a disciplined approach to leasing and aims to maintain high occupancy rates and competitive rental rates to maximize its cash flow.
Additionally, Terreno Realty follows a conservative and disciplined financial strategy, including a low leverage ratio and access to low-cost capital, to support its growth and provide stability during economic downturns.
Overall, Terreno Realty's business model focuses on strategic property acquisitions, steady rental income, and conservative financial practices to provide stable returns for its investors.

1. Terreno Realty Corporation is a real estate investment trust (REIT) that specializes in industrial real estate properties. They focus primarily on functional, flexible, and transloading warehouse facilities in six major growth markets: Northern California, Southern California, Seattle, New York/New Jersey, Washington, D.C./Baltimore, and Miami.
2. Terreno Realty was founded in 2009 by a group of veteran real estate professionals with significant experience in the industrial sector.
3. The company’s name, Terreno, comes from the Italian word for land. This reflects their mission to build a portfolio of high-quality, well-located industrial properties.
4. Terreno Realty has a strong commitment to sustainability and has implemented energy-efficient practices in many of its properties. This includes installing LED lighting, solar panels, and high-efficiency HVAC systems.
5. As of 2021, Terreno Realty owns and operates over 190 industrial properties, totaling more than 21 million square feet of real estate.
6. The company targets acquisitions of properties that are strategically located near major distribution hubs and infrastructure, such as ports, airports, and major highways.
7. Terreno Realty has a strong track record of delivering consistent and stable dividends to its stockholders. In 2020, the company paid out over $1.24 per share in dividends.
8. In addition to its focus on industrial real estate, Terreno Realty has made efforts to diversify its portfolio by entering into the office and medical sectors.
9. The company has received numerous awards and recognitions for its performance and sustainability efforts. In 2021, Terreno Realty was recognized as one of the Global 100 Most Sustainable Corporations in the World by Corporate Knights.
10. Terreno Realty is publicly traded on the New York Stock Exchange under the ticker symbol TRNO and is included in the S&P SmallCap 600 index.
See Company Due Diligence: