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Terreno Realty Corporation (TRNO) [hlAlert]

Rating:
Hold TRNO

Terreno Realty Corporation (TRNO) rated Hold by Jefferies

Posted on: Friday,  Jan 22, 2016  10:25 AM ET by Jefferies

Terreno Realty Corporation
(NYSE: TRNO) rated Hold by Jefferies.

Terreno Realty Corporation is a company focused on acquiring industrial real estate located in six coastal United States markets, such as Southern California, San Francisco Bay Area, Seattle, Northern New Jersey/New York City, Washington District of Columbia/Baltimore and South Florida. The Company focuses on investing in several types of industrial real estate, including warehouse/distribution, flex (including light manufacturing, and research and development) and trans-shipment. Terreno Realty Corporation will target functional buildings in infill locations that may be shared by multiple tenants and that cater to customer demand within the various submarkets, in which it operates. The Company will utilize local third-party property managers for day-to-day property management. The Company will make all operating and leasing decisions on its properties.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/22/2016 10:25 AM Hold
None
21.49
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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