Terreno Realty executes three full-building leases in Redondo Beach

Terreno Realty (TRNO) announced that it has executed three full-building leases totaling 145,000 square feet in Redondo Beach, California with a domestic energy company. The leases commence March 1 for 45,000 square feet, June 1 for 51,000 square feet and March 1, 2027 for 49,000 square feet, all immediately upon expiration or termination of existing leases. The three leases will expire December 2031. To facilitate the new leases, Terreno Realty Corporation terminated effective February 28 an in-place lease for 45,000 square feet that was to expire April 30.