{"id":1004208726,"date":"2018-03-01T08:05:38","date_gmt":"2018-03-01T16:05:38","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004208726"},"modified":"2025-02-18T05:40:38","modified_gmt":"2025-02-18T13:40:38","slug":"terreno-disposes-of-md-industrial-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/terreno-disposes-of-md-industrial-building\/","title":{"rendered":"Terreno Disposes of MD Industrial Building"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004208727\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1000-Hampton-Park-Blvd.-Capitol-Heights-Md..jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004208727\" data-attachment-id=\"1004208727\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/terreno-disposes-of-md-industrial-building\/1000-hampton-park-blvd-capitol-heights-md\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1000-Hampton-Park-Blvd.-Capitol-Heights-Md..jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;IvyLee Rosario&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1519825413&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;1&quot;}\" data-image-title=\"1000 Hampton Park Blvd., Capitol Heights, Md.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;1000 Hampton Park Blvd., Capitol Heights, Md.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1000-Hampton-Park-Blvd.-Capitol-Heights-Md..jpg?w=800\" class=\"wp-image-1004208727 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1000-Hampton-Park-Blvd.-Capitol-Heights-Md..jpg\" alt=\"1000 Hampton Park Blvd., Capitol Heights, Md.\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1000-Hampton-Park-Blvd.-Capitol-Heights-Md..jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1000-Hampton-Park-Blvd.-Capitol-Heights-Md..jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1000-Hampton-Park-Blvd.-Capitol-Heights-Md..jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004208727\" class=\"wp-caption-text\">1000 Hampton Park Blvd., Capitol Heights, Md.<\/p><\/div>\n<p>After selling a 135,000-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/terreno-sells-11-5m-industrial-asset-in-baltimore-area\/\">industrial property in Jessup<\/a>, Md., for $11.5 million, Terreno Realty Corp. has disposed of another industrial property, this time in Capitol Heights, Md. for $20.3 million.<\/p>\n<p>The building features 139,000 square feet of space situated on 7.7 acres at 1000 Hampton Park Blvd. The property is currently 44 percent leased to one tenant. The firm purchased the asset back in May of 2014 for $18.1 million. The estimated unleveraged internal rate of return generated from the investment was 6.9 percent.\u00a0<\/p>\n<p>Terreno acquires, owns and operates industrial real estate in the major markets of Los Angeles, Northern New Jersey\/New York City, San Francisco Bay Area, Seattle, Miami and Washington, D.C.<\/p>\n<p><em>Image courtesy of Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The firm sold its 139,000-square-foot asset in Capitol Heights for $20.3 million, which it originally acquired in 2014. <\/p>\n","protected":false},"author":746,"featured_media":1004208727,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,11,21742,1615],"tags":[33863],"class_list":["post-1004208726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-midatlantic","category-latest","category-washington-dc","tag-terreno-realty-corporation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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She has a background in Journalism and joined the team in 2016. She produces the MHN Daily newsletter, manages byline content, oversees the Research Center for both brands and hosts the Multifamily's Top Marketers podcast. 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