TRNO - Terreno Realty: Too Much Focus On Growth Vs. Growth Per Share
2024-04-21 18:00:00 ET
Summary
- Terreno Realty's shares have fallen due to concerns about slower rental growth and declining occupancy levels.
- The company focuses on owning and operating warehouse and industrial real estate in major coastal areas of the US, focusing on densely populated areas.
- Despite strong rental growth and high occupancy rates, the company's valuation and dilution of shares remain concerning.
Shares of Terreno Realty ( TRNO ) have fallen out of favor recently again, certainly after peers warn about slower rental growth, declining occupancy levels, all while the Fed seems to hold rates steady for a longer than anticipated time period....
Terreno Realty: Too Much Focus On Growth Vs. Growth Per Share