Terreno Realty (TRNO) said Friday it sold the flex industrial portion of a seven-building property in Union City, California, for approximately $13 million on Nov. 14.
The real estate company said it acquired the property on Dec. 10, 2014 for about $5.1 million. The investment generated an unleveraged internal rate of return of 18.8%, Terreno said.
Price: 60.55, Change: -0.31, Percent Change: -0.50
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