Terreno Realty reports Q3 2026 activity and occupancy

Terreno Realty Corporation, an industrial real estate investment trust, reported its operating and investment activity for the third quarter of 2026. As of September 30, 2026, the company owned 317 buildings totaling approximately 20.5 million square feet and 46 improved land parcels. The operating portfolio maintained a 97.8% occupancy rate, while the same-store portfolio was 97.9% leased.

Cash rents for new and renewed leases commencing in the third quarter increased by approximately 27.7%. The company also noted early lease renewals in Jamaica Queens, New York, and Torrance, California.

Regarding institutional holdings, Congress Asset Management Co. reduced its position in Terreno Realty by 21.8% during the third quarter, leaving the firm with 474,049 shares. Other recent institutional activity includes BlackRock Inc. acquiring a new position in the second quarter, and Principal Financial Group Inc. significantly increasing its stake during the first quarter.