STRATEGY
We invest in industrial real estate. It’s what we know best, and what has historically outperformed national real estate for total return with lower volatility.
Our investment focus is on six U.S. coastal markets that have generally surpassed other U.S. industrial markets for lower vacancy and higher rent growth over time — the metropolitan areas of Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington D.C./Baltimore.
Terreno’s acquisition strategy includes what we believe are the keys to successful long-term industrial property investment performance:
Functional and flexible building layouts that can be modified to accommodate single and multiple tenants
Pricing at a discount to the replacement cost of the property
Potential for enhanced return through re-tenanting or operational improvements