Washington DC + DC + Industrial | May 25, 2023

Terreno Realty Acquires DC Industrial Property for $13M

Terreno Realty Corporation, an industrial real estate company, recently acquired an industrial property in Washington, DC., for $13.4 million.

Located at 2266 25th Place NE, the property encompasses a newly constructed industrial distribution building spanning approximately 33,000 square feet on 1.3 acres. It offers two dock-high and five grade-level loading positions and parking for 23 cars. It is fully leased with an estimated stabilized cap rate of 5.3%.

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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