{"id":1004399930,"date":"2020-03-13T10:45:18","date_gmt":"2020-03-13T18:45:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004399930"},"modified":"2021-05-10T02:06:11","modified_gmt":"2021-05-10T10:06:11","slug":"terreno-realty-expands-california-presence","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/terreno-realty-expands-california-presence\/","title":{"rendered":"Terreno Realty Expands California Presence"},"content":{"rendered":"<div id=\"attachment_1004399939\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/1-e1584114731832.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004399939\" data-attachment-id=\"1004399939\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/terreno-realty-expands-california-presence\/1-33\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/1-e1584114731832.jpg\" data-orig-size=\"999,749\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Lucia Morosanu&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1584116182&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=\"2310 E. Gladwick St\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;2310 E. Gladwick St. Image via Google Street View&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/1-e1584114731832.jpg?w=999\" class=\"wp-image-1004399939 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/1-e1584114731832.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/1-e1584114731832.jpg 999w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/1-e1584114731832.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/1-e1584114731832.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004399939\" class=\"wp-caption-text\">2310 E. Gladwick St. <em>Image via Google Street View<\/em><\/p><\/div>\n<p>Terreno Realty Corp. has spent $18 million for a 66,000-square-foot industrial asset in Rancho Dominquez, Calif. The seller was a local private investor, Los Angeles County public records show. The estimated stabilized cap rate of the property was 3.6 percent.<\/p>\n<p>Located at 2310 E. Gladwick St., the asset is roughly 7 miles from the intersection of interstates 710 and 405, with access to Los Angeles International Airport as well as the ports of the metro and Long Beach, Calif. The surrounding area includes several other industrial properties. Completed in 2009 on a 3.7-acre site, the facility comprises 13 dock-high and two grade-level loading positions, as well as 81 car parking spots. At the time of sale, the building was fully leased to a single tenant.<\/p>\n<p>Last September, Terreno increased its West Coast presence with the acquisition of a 93,000-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/terreno-realty-grows-west-coast-portfolio\/\">industrial distribution center in Oakland, Calif<\/a>. The asset\u2019s estimated stabilized cap rate is 4.8 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company paid $18 million for a 66,000-square-foot industrial property south of Los Angeles.  <\/p>\n","protected":false},"author":748,"featured_media":1004399939,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,21783,1594,21742,15],"tags":[33863],"class_list":["post-1004399930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-investment","category-los-angeles","category-latest","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 Expands California Presence - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/terreno-realty-expands-california-presence\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terreno Realty Expands California Presence\" \/>\n<meta property=\"og:description\" content=\"The company paid $18 million for a 66,000-square-foot industrial property south of Los Angeles.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/terreno-realty-expands-california-presence\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-13T18:45:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-10T10:06:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/03\/1-e1584114731832.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"999\" \/>\n\t<meta property=\"og:image:height\" content=\"749\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lucia Morosanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terreno-realty-expands-california-presence\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terreno-realty-expands-california-presence\\\/\"},\"author\":{\"name\":\"Lucia Morosanu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1077c2cf363c47bc75d1ab4c42b53bb5\"},\"headline\":\"Terreno Realty Expands California Presence\",\"datePublished\":\"2020-03-13T18:45:18+00:00\",\"dateModified\":\"2021-05-10T10:06:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terreno-realty-expands-california-presence\\\/\"},\"wordCount\":165,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terreno-realty-expands-california-presence\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/03\\\/1-e1584114731832.jpg\",\"keywords\":[\"Terreno Realty Corporation\"],\"articleSection\":[\"Deals\",\"Industrial\",\"Investment\",\"Los Angeles\",\"News\",\"West\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terreno-realty-expands-california-presence\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/terreno-realty-expands-california-presence\\\/\",\"name\":\"Terreno Realty Expands California Presence - 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