TRNO - Terreno Realty Q3 Developments: Attained 98.3% Occupancy No Debt Maturities In 2023 & More | Benzinga
Terreno Realty Corp (NYSE: TRNO) disclosed major operating and financial developments of Q3 FY23.
Leasing: As of September 30, 2023, the company's operating portfolio was 98.3% leased to 563 tenants, the same-store portfolio (around 13.2 million square feet) was 98.5% leased, and the improved land portfolio of 46 parcels (about 165.8 acres) was 96.3% leased.
Also, TRNO witnessed a 38.9% increase in cash rents on new and renewed leases, with a 48.6% rise in cash rents on new and renewed leases (excluding one fixed-rate lease renewal).
Acquisition ...