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Terreno Realty Acquires Industrial Property In Redondo Beach, California For ~$35.5M
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Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Redondo Beach, California on August 8, 2025 for a purchase price of approximately $35.5 million.

The property consists of two industrial distribution buildings containing approximately 100,000 square feet on 5.1 acres. The property is at 3700 and 3730 Redondo Beach Avenue, west of I-405 and immediately adjacent to Terreno Realty Corporation's 6.7-acre property at 2411 Santa Fe Avenue, and provides 16 dock-high and three grade-level loading positions and parking for 88 cars. The property is 100% leased to two tenants and the estimated stabilized cap rate is 5.8%.

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