homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


print  email to a friend  reprints add to mydjc  

September 18, 2025

Terreno completes big industrial buy

Terreno Realty lists both San Francisco and Bellevue as its headquarters. The large national REIT invests in the industrial sector all over the U.S. Last month, as the DJC and others reported, it paid about $232 million for the Woodinville Corporate Park, with Link Logistics being the seller of those nine buildings spanning 720,000 square feet. (Link is a Blackstone company.) Last week, Terreno announced another component to the portfolio sale: three logistics properties in Florida and New Jersey, for which it paid $194.3 million. Those have 509,000 square feet. Link wasn't named as the seller, but it was the same two parties doing the September deal. So in aggregate, Terreno has paid about $426 million for about 1.2 million square feet. The former Link buildings have a cap rate of about 5%, says Terreno.




Email or user name:
Password:
 
Forgot password? Click here.