Terreno Acquires Three Building Investment Portfolio
Seller: Service West, Inc.
Buyer: Terreno Realty Corp.
RBA SF: 129,000 SF (Total 3 buildings)
Lot size: 5.98 AC (260,488 SF)
Selling price: $13,300,000 ($103.10/SF)
Type: Industrial-Warehouse
The properties were 100% leased at the time of sale and had an estimated cap rate of 5.3%.
The Peninsula Industrial Pros 