{"id":1004166134,"date":"2017-02-07T06:39:37","date_gmt":"2017-02-07T14:39:37","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004166134"},"modified":"2022-12-07T07:36:26","modified_gmt":"2022-12-07T15:36:26","slug":"terreno-reatly-co-acquires-8m-industrial-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/terreno-reatly-co-acquires-8m-industrial-asset\/","title":{"rendered":"Terreno Realty Co. Acquires $8M Industrial Asset"},"content":{"rendered":"<p>By Adina Marcut<\/p>\n<div id=\"attachment_1004166135\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/637-S.-Lucile-St..png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004166135\" data-attachment-id=\"1004166135\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/terreno-reatly-co-acquires-8m-industrial-asset\/637-s-lucile-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/637-S.-Lucile-St..png\" data-orig-size=\"800,499\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"637 S. Lucile St.\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/637-S.-Lucile-St..png?w=800\" loading=\"lazy\" class=\"wp-image-1004166135 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/637-S.-Lucile-St..png\" alt=\"637 S. Lucile St., Seattle\" width=\"300\" height=\"187\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/637-S.-Lucile-St..png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/637-S.-Lucile-St..png?resize=300,187 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/637-S.-Lucile-St..png?resize=768,479 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004166135\" class=\"wp-caption-text\">637 S. Lucile St., Seattle<\/p><\/div>\n<p><strong>Seattle<\/strong>\u2014\u00a0Terreno Realty Co. recently acquired an industrial property, located in Seattle, for approximately $7.8 million.<\/p>\n<p>The property consists of one industrial distribution building that sits on 1.5 acres\u00a0and features approximately 45,000 square feet, located at 637 S. Lucile St., adjacent to the Port of Seattle\u00a0and SoDo districts. The property provides 14 dock-high and two grade-level loading positions and 19 parking spaces. It is 100 percent leased to one tenant on a short-term basis. The estimated stabilized cap rate of the property is six percent.<\/p>\n<p>Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey\/New York City, San Francisco Bay Area, Seattle, Miami and Washington, D.C.\/Baltimore.<\/p>\n<p><em>Image via Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The industrial asset features approximately 42,000 square feet and is 100 percent leased. <\/p>\n","protected":false},"author":436,"featured_media":1004166135,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21742,1610,15],"tags":[33863],"class_list":["post-1004166134","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-latest","category-seattle","category-west","tag-terreno-realty-corporation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Terreno Realty Co. 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