Terreno Realty Sells Industrial Property In Fairfield, New Jersey, For ~$8.8M
The property consists of a 31,000 square foot industrial distribution building on 2.2 acres which is vacant. The property was purchased by Terreno Realty Corporation on July 23, 2013 for $2.8 million. The unleveraged
Terreno Realty sold a warehouse building in New Jersey for $8.8 million. They bought it ten years ago for $2.8 million, so the property grew in value over time.
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