Terreno Realty Acquires Queens Industrial Property for $4.7 Million

Reuters
2025.11.18 14:15
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Terreno Realty Corporation has acquired an industrial property in Long Island City, Queens, New York, for $4.7 million. The 0.5-acre site is 35% leased and has an estimated stabilized cap rate of 6.4%. The property is adjacent to another Terreno asset and is near Queens Boulevard and the Queensboro Bridge.

Terreno Realty Corporation has acquired an industrial property located at 4-28 33rd Street in Long Island City, Queens, New York, for approximately $4.7 million. The 0.5-acre site is 35% leased and has an estimated stabilized cap rate of 6.4%. The property is adjacent to another Terreno asset and is situated near Queens Boulevard and the Queensboro Bridge. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Terreno Realty Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251105307986) on November 18, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)