Terreno Realty (TRNO) announced that it has purchased in bankruptcy two long-term leases encumbering Terreno Realty properties which will be terminated effective December 31 for $1.25M. The properties are land parcels of 12.7 acres in Carlstadt, New Jersey and 10.2 acres in Hayward, California improved currently with transshipment facilities that will be available for release or redevelopment.
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