Terreno Realty Sells East Rutherford Industrial Property for $25 Million

Bitget2026/10/15 13:15

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Terreno Realty sold an industrial property in East Rutherford, New Jersey, for approximately $25 million on October 14, 2026.
The vacant property comprises an 86,000-square-foot rear-load industrial distribution building on 4.3 acres.
The property was purchased on October 15, 2015, for $9.3 million.
The investment generated an unleveraged internal rate of return of 11%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Terreno Realty Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202610150915BIZWIRE_USPR_____20261011_BW644435) on October 15, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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