Terreno Realty (TRNO) Corporation sold a portfolio of industrial properties located in Doral, Florida, on July 28 for approximately $82.3M. The portfolio consists of six buildings containing approximately 302K square feet on 14.6 acres, 91% leased to 21 tenants. The portfolio was purchased by the company on May 22, 2013, for $23.7M, generating an unleveraged internal rate of return of 14.7%.
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