Terreno Realty Corporation Acquires 18 Buildings in Bound Brook for $27.0 Million

SAN FRANCISCO–(BUSINESS WIRE)–Terreno Realty Corporation (NYSE:TRNO) acquired an industrial property located in Bound Brook, New Jersey on September 24, 2010 for a purchase price of approximately $27.0 million. As part of the acquisition the Company assumed a mortgage loan with a total principal amount of approximately $15.5 million with a fixed annual interest rate of 4.9%. The mortgage loan has a maturity date of December 15, 2015. The Company utilized cash on hand to fund the acquisition ne

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