Terreno Realty Corporation acquires, owns, and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company primarily generates revenue through leasing its properties to various tenants, which include logistics and distribution companies. As of September 30, 2020, Terreno owned 219 buildings totaling approximately 13.1 million square feet and 22 improved land parcels. Factors supporting the company's endurance include its focus on high-demand coastal markets and the growing need for industrial space due to e-commerce. However, economic downturns or shifts in market demand for industrial space could limit its growth potential.
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Terreno Realty Corporation acquires, owns, and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company primarily generates revenue through leasing its properties to various tenants, which include logistics and distribution companies. As of September 30, 2020, Terreno owned 219 buildings totaling approximately 13.1 million square feet and 22 improved land parcels. Factors supporting the company's endurance include its focus on high-demand coastal markets and the growing need for industrial space due to e-commerce. However, economic downturns or shifts in market demand for industrial space could limit its growth potential.
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Terreno Realty Corporation acquires, owns, and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company primarily generates revenue through leasing its properties to various tenants, which include logistics and distribution companies. As of September 30, 2020, Terreno owned 219 buildings totaling approximately 13.1 million square feet and 22 improved land parcels. Factors supporting the company's endurance include its focus on high-demand coastal markets and the growing need for industrial space due to e-commerce. However, economic downturns or shifts in market demand for industrial space could limit its growth potential.