Terreno Realty Corporation Closes $100M Five-Year Unsecured Term Loan

Terreno Realty Corporation

, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today the closing of a new $100 million five-year unsecured term loan. The new five-year unsecured term loan will mature on March 1, 2020, and the interest rate generally will be LIBOR plus 1.50% to 2.05% depending on leverage. The new $100 million term loan was led by KeyBank National Association, as Administrative Agent and as a lender, and PNC Bank National Association, MUFG Union Bank, N.A., Regions Bank and Goldman Sachs Bank USA, as lenders. Terreno Realty Corporation is an acquirer, owner and operator of 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. Additional information about Terreno Realty Corporation is available on the company's web site at www.terreno.com.