{"id":1004582460,"date":"2022-05-27T11:14:00","date_gmt":"2022-05-27T19:14:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004582460"},"modified":"2022-12-08T22:41:39","modified_gmt":"2022-12-09T06:41:39","slug":"terreno-realty-buys-2-la-area-industrial-assets","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/terreno-realty-buys-2-la-area-industrial-assets\/","title":{"rendered":"Terreno Realty Buys 2 LA-Area Industrial Assets"},"content":{"rendered":"<div id=\"attachment_1004582461\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/8320-Isis-Ave.-e1653658629280.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004582461\" data-attachment-id=\"1004582461\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/terreno-realty-buys-2-la-area-industrial-assets\/8320-isis-ave\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/8320-Isis-Ave.-e1653658629280.jpg\" data-orig-size=\"800,600\" 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;\\u00a9 Yardi Systems, Inc.&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=\"8320 Isis Ave.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;8320 Isis Ave.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/8320-Isis-Ave.-e1653658629280.jpg?w=800\" class=\"wp-image-1004582461 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/8320-Isis-Ave.-e1653658629280.jpg?w=300\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/8320-Isis-Ave.-e1653658629280.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/8320-Isis-Ave.-e1653658629280.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/8320-Isis-Ave.-e1653658629280.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004582461\" class=\"wp-caption-text\">8320 Isis Ave.<\/p><\/div>\n<p><strong>Terreno Realty Corp.<\/strong>, has acquired two industrial assets in Los Angeles and Inglewood, Calif., for $27.2 million.<\/p>\n<p>Built in 1983, the warehouse building at 332 Hindry Ave., in Inglewood, Calif., features roughly 19,000 square feet on 0.9 acres, 12 dock-high and one grade-level loading positions as well as 26 parking spaces. The asset is 70 percent leased to a single tenant.<\/p>\n<p>The property at 8320 Isis Ave., in Los Angeles, was built in 1979 and has approximately 40,000 square feet of warehouse space on 2.1 acres, 10 dock-high and six grade-level loading positions as well as parking for 59 cars. The property is 100 percent leased to four tenants: On Time Truckers, RAK Logistics, Air Power International Express and Plan-It Interactive, according to CommercialEdge data.<\/p>\n<p>The properties are within less than half a mile from one another, roughly 2 miles northeast of the Los Angeles International Airport. Interstate 405 is also less than a mile east of the facilities.<\/p>\n<p>According to CommercialEdge data, Terreno Realty currently owns more than 250 properties across the U.S., totaling more than 15 million square feet. The company has recently bought <a href=\"https:\/\/www.commercialsearch.com\/news\/terreno-realty-pays-55m-for-bay-area-industrial-property\/\">3660 Thomas Road<\/a>, another industrial distribution facility in the San Francisco Bay Area, for $54.6 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The properties traded for a combined $27.2 million.<\/p>\n","protected":false},"author":3142,"featured_media":1004582461,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21748,21783,1594,21742,15],"tags":[33863],"class_list":["post-1004582460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","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 v23.4 (Yoast SEO v24.6) - 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