Terreno Realty Corp was incorporated in November 2009 in Maryland. The Company and together with its subsidiaries acquires, owns and operates industrial real estate in six coastal U.S. markets: Los Angeles; Northern New Jersey/New York City; San Francisco Bay Area; Seattle; Miami; and Washington, D.C./Baltimore. The Company invests in several types of industrial real estate, including warehouse/distribution. It targets functional buildings in infill locations that may be shared by multiple tenants and that cater to customer demand within the various submarkets in which it operates. The infill locations are geographic locations surrounded by high concentrations of already developed land and existing buildings. The industrial properties that company owns and will acquire are subject to various federal, state and local environmental laws.
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