Terreno Realty Corporation (TRNO) Announces Building Project of the 214,000-Square-Foot Industrial Distribution Center, Countyline Corporate Park Phase IV Building 36 in Hialeah, Florida

Terreno Realty Corporation (NYSE:TRNO) is one of the 20 Best Stocks to Buy and Hold for a Lifetime, selected for its consistent revenue and dividend growth.

The building project of the 214,000-square-foot industrial distribution center, Countyline Corporate Park Phase IV Building 36 in Hialeah, Florida, which is anticipated to be 51% pre-leased and finished in early 2027, was announced by Terreno Realty Corporation (NYSE:TRNO) on September 29, 2025.

With an expected investment of $511.5 million and a stable cap rate of 5.8%, the Phase IV project will encompass 121 acres and feature ten LEED-certified industrial buildings totaling 2.2 million square feet. At a 5.0% cap rate, Terreno Realty Corporation (NYSE:TRNO)’s multi-market portfolio now stands at 1.2 million square feet after spending about $194 million earlier in September to purchase industrial properties in Doral, Florida, and Kearny, New Jersey.

With a focus on industrial real estate growth with robust tenant pre-leasing and sustainability measures, these initiatives support Terreno Realty Corporation (NYSE:TRNO)’s strategic expansion throughout six major coastal regions in the United States.

Targeting premium distribution properties with long-term leases, Terreno Realty Corporation (NYSE:TRNO) focuses on purchasing, holding, and managing industrial real estate in six significant coastal cities in the United States. It is one of the best stocks to buy.

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