T
erreno Realty Corp, headquartered in Bellevue, Washington, has closed a $194.3 million deal for industrial assets in Kearny and Doral, Florida, completing a $426.9 million multi‑market acquisition. The package includes three distribution warehouses totalling roughly 509,000 sq ft on 27.6 acres, currently 36 % leased to five tenants. It marks the last addition to a 1.2 million‑sq‑ft portfolio that spans six U.S. coastal hubs—NYC/NJ, Los Angeles, Miami, San Francisco Bay, Seattle, and Washington, D.C. Separately, New Jersey is investing $5.7 million in state grants to revitalize public parks, a historic warehouse’s $30 million renovation earned a landmark preservation award, and a former Philips Electronics headquarters is slated for redevelopment. By using this site, you agree to our User Agreement and Privacy Policy, and we may receive compensation for purchases or registrations via our links.
