Latest news with #coastalmarkets
Globe and Mail
7 days ago
- Business
- Globe and Mail
Terreno Realty Corporation Announces Lease in Washington, D.C.
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed an early lease renewal for 52,000 square feet in Washington, D.C. with a wine and spirits distributor. The lease will commence April 1, 2026 and expire March 2031. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C. Additional information about Terreno Realty Corporation is available on the company's web site at Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management's beliefs and on assumptions made by, and information currently available to, management. When used, the words 'anticipate,' 'believe,' 'estimate,' 'expect,' 'intend,' 'may,' 'might,' 'plan,' 'project,' 'result,' 'should,' 'will,' 'seek,' 'target,' 'see,' 'likely,' 'position,' 'opportunity,' 'outlook,' 'potential,' 'enthusiastic,' 'future' and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2024 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
Globe and Mail
07-07-2025
- Business
- Globe and Mail
Terreno Realty Corporation Announces Leases in Santa Clara, CA
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed a renewal lease for 35,000 square feet and an expansion lease for 30,000 square feet in Santa Clara, California, with a designer and developer of eVTOL aircraft. The renewal lease will commence upon expiration of the existing lease in September 2025 and the expansion lease will commence in August 2025. Both leases will expire August 2028. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C. Additional information about Terreno Realty Corporation is available on the company's web site at Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management's beliefs and on assumptions made by, and information currently available to, management. When used, the words 'anticipate,' 'believe,' 'estimate,' 'expect,' 'intend,' 'may,' 'might,' 'plan,' 'project,' 'result,' 'should,' 'will,' 'seek,' 'target,' 'see,' 'likely,' 'position,' 'opportunity,' 'outlook,' 'potential,' 'enthusiastic,' 'future' and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2024 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
Yahoo
02-07-2025
- Business
- Yahoo
Barclays bullish on Kimco, Federal Realty as it launches coverage of retail REITs
-- Barclays starts coverage of retail REITs, rating Kimco Realty (NYSE:KIM) and Federal Realty Investment Trust (NYSE:FRT) Overweight while it was Equal weight on Regency Centers (NASDAQ:REG), Phillips Edison, Simon Property Group (NYSE:SPG) and Tanger. The brokerage said investors appear to be overpaying for the perceived defensiveness of certain grocery‑anchored portfolios, yet Kimco itself offers a cheaper way to own that theme. Barclays said New York‑based landlord is a large cap, high‑quality, diversified 'proxy' for grocery‑anchored shopping centers, trading at a modest discount to peers and set for about 5% funds‑from‑operations (FFO) growth next year. Federal Realty, whose high‑end shopping districts span U.S. coastal markets, has lagged rivals since the pandemic but is shifting capital toward lower‑risk acquisitions and more modest redevelopments, the note said. While Regency, Phillips Edison, Simon and Tanger all look fairly valued, the broker wrote. Regency carries a three‑turn premium to the sector on forward FFO, Phillips Edison still trades above peers despite shrinking returns on recent acquisitions, and both Simon and Tanger face apparel‑heavy tenant rosters that could be squeezed further if tariffs rise. Barclays' sector outlook favours companies with strong balance sheets and improving free‑cash‑flow profiles, and is wary of REITs chasing FFO growth through acquisitions after a sharp compression in shopping‑center cap rates. While consumer spending and tariff risks loom, Kimco and Federal Realty still screen as the best risk‑reward ideas in a retail landscape adjusting to slower economic growth. Investors, the bank cautioned, should remember that 'investors may be overpaying for the perceived defensiveness of certain grocery‑anchored portfolios.' Related articles Barclays bullish on Kimco, Federal Realty as it launches coverage of retail REITs Roblox: What's behind the meteoric rise of 'Grow a Garden' Quantum Computing started at Neutral on steep valuation, slow commercialization Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Arabian Business
11-06-2025
- Business
- Arabian Business
agrifood industry
North Africa and key coastal markets will be an area of focus for the company in the near term for the Dubai company that is now present in 65 markets
