Terreno Realty Sells Industrial Property In East Rutherford, NJ, For ~$25M
The property consists of a 86,000 square foot rear-load industrial distribution building on 4.3 acres which is vacant. The property was purchased by Terreno Realty Corporation on October 15, 2015 for $9.3 million. The
Terreno Realty sold a warehouse building in New Jersey for about $25 million. The company bought it years ago for $9.3 million, so it made money on the sale.
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