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Terreno Realty Corporation Increases Quarterly Dividend and Files Second Quarter 2018 Financial Statements

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The Board of Directors of Terreno Realty Corporation (NYSE:TRNO), an
acquirer, owner and operator of industrial real estate in six major
coastal U.S. markets, declared a regular cash dividend for the quarter
ending September 30, 2018 of $0.24 per common share; an increase of 9%
over the prior dividend level. The dividend will be payable on October
19, 2018 to common stockholders of record at the close of business on
October 5, 2018.

Terreno Realty Corporation filed its quarterly report on Form 10-Q for
the quarter ended June 30, 2018 with the U.S. Securities and Exchange
Commission. The financial statements and supplemental
financial information
are available in the Investors & Media section
of Terreno Realty Corporation's website, www.terreno.com.

Terreno Realty Corporation acquires, owns and operates 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.

Additional information about Terreno Realty Corporation is available on
the company's website at www.terreno.com.

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"
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, 2017 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.

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