Terreno Hyattsville Industrial Property Acquisition and Development
Sector: Manufacturing (Industrial) • Location: Hyattsville, Maryland, United States
Source: TradingView
Terreno Realty acquired a 180,000-square-foot industrial property in Hyattsville, MD, near major highways, for $50 million. The building is currently shell complete, and Terreno plans to invest further to finish the interiors by early 2027, with a total expected investment of $57.6 million. The project aims for a stabilized cap rate of 5.2%, designed to be a reliable income generator once fully le
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | under construction |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Terreno Realty acquired a 180,000-square-foot industrial property in Hyattsville, MD, near major highways, for $50 million. The building is currently shell complete, and Terreno plans to invest further to finish the interiors by early 2027, with a total expected investment of $57.6 million. The project aims for a stabilized cap rate of 5.2%, designed to be a reliable income generator once fully leased. This acquisition is part of Terreno's broader strategy of targeted expansion, including smaller acquisitions and new developments such as Building 35 at Countyline Corporate Park in Hialeah, FL. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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