Terreno Realty Corporation Acquires Buildings in Commerce, CA for $52.4M

by Benzinga Staff
May 31, 2012 4:05 PM | 25 seconds read | Make a Comment

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

Terreno Realty Corporation (NYSE: TRNO) acquired an industrial property located in Commerce, California on May 30, 2012 for a purchase price of approximately $52.4 million. The property consists of five multi-tenant industrial buildings containing approximately 545,000 square feet. The rail served property is currently 79% leased to 14 tenants. Garfield Business Center is at 3300-3430 Garfield Avenue in the Mid-Counties submarket with direct access to the I-5, I-710 and I-605 expressways via Bandini Boulevard. The estimated stabilized cap rate of the property is 6.0%.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

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