Terreno Realty buys Brooklyn industrial property for $26.3 million

Reuters2026/08/17 13:15

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Terreno Realty acquired an industrial property in Red Hook, Brooklyn, New York for USD 26.3 million on Aug. 13, 2026.
Asset includes a 28,000-square-foot distribution building on 1.5 acres at 659 Court Street.
Property is 100% leased to a maritime goods and services provider; stabilized cap rate estimated at 5.2%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Terreno Realty Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260813087393) on August 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Terreno Realty buys Brooklyn industrial property for $26.3 million

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