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Terreno Realty Clinches Early 107,000 SQFT Renewal With Flooring Provider in Kent’s Softening Industrial Market
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Terreno Realty Clinches Early 107,000 SQFT Renewal With Flooring Provider in Kent’s Softening Industrial Market
Terreno Realty Corporation has secured an early lease renewal for 107,000 square feet at its Kent Valley distribution building, extending a flooring tenant through mid-2032 even as the broader Puget Sound industrial market posts record vacancy and the deepest tenant leverage in years. The San Francisco-based industrial landlord (NYSE:TRNO) announced on June 9 that it executed the early renewal in Kent, Washington, with a provider of flooring pro…
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