Terreno Realty Acquires Building in California

Terreno Realty, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Compton, California, on July 21, for $9.4 million. The property consists of one rear-load industrial distribution building containing 58,000 square feet on 3.0 acres.

The property is at 1215 W Walnut Street, adjacent to CA Route 91 between Los Angeles International Airport and the Ports of LA and Long Beach, provides eight dock-high and one grade-level loading positions, parking for 68 cars and is 100% leased to one tenant.

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