San Francisco-based Terreno Realty Corp., an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property in Kent on April 17 for a purchase price of approximately $4.5 million.
The 2.8-acre improved land parcel at 20045 84th Ave. S., is in the northern Kent Valley adjacent to Terreno Realty’s Kent 202nd property. The property is 100% leased to one tenant on a month-to-month basis. Terreno has bought several Kent properties over a number of years.
Terreno Realty operates in Los Angeles; Northern New Jersey/New York City; San Francisco Bay Area; Seattle; Miami; and Washington, D.C.
Additional information is available on the company’s website at www.terreno.com.