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Terreno Realty acquires building in Renton, WA for $6.6M

Terreno Realty acquired an industrial building containing approximately 62,000 square feet on 4.8 acres in Renton, Washington on February 11 for a purchase price of approximately $6.6M. As part of the acquisition Terreno Realty Corporation assumed a mortgage loan with a total principal amount of approximately $2.8M with a fixed annual interest rate of 5.09%. The mortgage loan has a maturity date of August 2015.