Latest news with #industrialrealestate
Globe and Mail
15 hours ago
- Business
- Globe and Mail
Terreno Realty Corporation Sells Property in Tukwila, WA for $9.5 Million
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Tukwila, Washington on July 28, 2025 for a sale price of approximately $9.5 million. The property consists of a 2.1-acre improved land parcel which is 100% leased. The property was purchased by Terreno Realty Corporation on December 30, 2020 for $6.6 million. The unleveraged internal rate of return generated by the investment was 10.3%. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C. Additional information about Terreno Realty Corporation is available on the company's web site at Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management's beliefs and on assumptions made by, and information currently available to, management. When used, the words 'anticipate,' 'believe,' 'estimate,' 'expect,' 'intend,' 'may,' 'might,' 'plan,' 'project,' 'result,' 'should,' 'will,' 'seek,' 'target,' 'see,' 'likely,' 'position,' 'opportunity,' 'outlook,' 'potential,' 'enthusiastic,' 'future' and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2024 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
Yahoo
3 days ago
- Business
- Yahoo
1 Reason to Buy W.P. Carey (WPC)
Key Points W.P. Carey pays a high-yielding dividend. The REIT routinely raises its payment. Its growth drivers should allow it to continue increasing its lucrative dividend. 10 stocks we like better than W.P. Carey › W.P. Carey (NYSE: WPC) stands out as one of the largest REITs specializing in net lease properties. It offers investors highly stable rental income from tenants who cover all property operating expenses. This approach enables the landlord to pay a lucrative dividend. The REIT's attractive dividend is a great reason to buy and hold its stock. Here's a closer look at W.P. Carey's payout. W.P. Carey pays a quarterly dividend of $0.90 per share, or $3.60 annually. With its stock recently under $65, this gives it a yield above 5.5%, much higher than the S&P 500's 1.2%. The diversified REIT has steadily increased its dividend since resetting the payment level in late 2023, following its strategic decision to exit the office sector and focus on property sectors with better long-term growth drivers, such as industrial real estate. Before that reduction, W.P. Carey had increased its payout every year for a quarter century. W.P. Carey expects to raise its dividend at around the same rate it increases its adjusted funds from operations (FFO). It has two growth drivers. Most of its long-term net leases include clauses that either increase rents at a fixed rate each year or adjust rents based on changes in inflation indexes, such as the Consumer Price Index. These mechanisms support low- to mid-single-digit annual base rent growth. In addition, W.P. Carey uses its remaining free cash flow after paying dividends, along with proceeds from non-core property sales and leveraging its investment-grade balance sheet, to acquire new properties. Its targeted investment range of $1 billion to $1.5 billion for this year should provide incremental sources of rising rental income. These two main growth drivers -- escalating rental rates and new investments -- should support mid-single-digit annual adjusted FFO-per-share growth and ongoing dividend increases. W.P. Carey's high-yielding and steadily growing dividend makes it a great REIT to buy and hold for passive income from real estate. Should you invest $1,000 in W.P. Carey right now? Before you buy stock in W.P. Carey, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and W.P. Carey wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Matt DiLallo has positions in W.P. Carey. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 1 Reason to Buy W.P. Carey (WPC) was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
16-07-2025
- Business
- Yahoo
Jim Cramer on Prologis: 'I Just Don't Feel I Need That Position'
Prologis, Inc. (NYSE:PLD) is one of the stocks in Jim Cramer's spotlight. A caller asked if it is safe to start a long-term position in the stock, or if they should wait for a pullback. Cramer replied: 'I love Moghadam. He's terrific. I am not as keen on the warehouse market right now. I think that there's, I think you have too much space in it, and I don't think they need that, they're going to put up as many as before. But if I got a price break, if I got it down to here, I would take action. But right now, I'm not. I've got other stocks I like more. I don't feel that I need to take a position in Prologis. Great company, I just don't feel I need that position.' A large logistic facility within the industrial real estate sector. Prologis (NYSE:PLD) is a logistics real estate company that owns and invests in large-scale industrial properties. The company leases modern facilities to customers involved in business-to-business operations and retail or online fulfillment. While we acknowledge the potential of PLD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Globe and Mail
07-07-2025
- Business
- Globe and Mail
Terreno Realty Corporation Announces Leases in Santa Clara, CA
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed a renewal lease for 35,000 square feet and an expansion lease for 30,000 square feet in Santa Clara, California, with a designer and developer of eVTOL aircraft. The renewal lease will commence upon expiration of the existing lease in September 2025 and the expansion lease will commence in August 2025. Both leases will expire August 2028. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C. Additional information about Terreno Realty Corporation is available on the company's web site at Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management's beliefs and on assumptions made by, and information currently available to, management. When used, the words 'anticipate,' 'believe,' 'estimate,' 'expect,' 'intend,' 'may,' 'might,' 'plan,' 'project,' 'result,' 'should,' 'will,' 'seek,' 'target,' 'see,' 'likely,' 'position,' 'opportunity,' 'outlook,' 'potential,' 'enthusiastic,' 'future' and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2024 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends.
Yahoo
07-07-2025
- Business
- Yahoo
Terreno Realty Corporation Announces Leases in Santa Clara, CA
BELLEVUE, Wash., July 07, 2025--(BUSINESS WIRE)--Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today that it has executed a renewal lease for 35,000 square feet and an expansion lease for 30,000 square feet in Santa Clara, California, with a designer and developer of eVTOL aircraft. The renewal lease will commence upon expiration of the existing lease in September 2025 and the expansion lease will commence in August 2025. Both leases will expire August 2028. Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C. Additional information about Terreno Realty Corporation is available on the company's web site at Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management's beliefs and on assumptions made by, and information currently available to, management. When used, the words "anticipate," "believe," "estimate," "expect," "intend," "may," "might," "plan," "project," "result," "should," "will," "seek," "target," "see," "likely," "position," "opportunity," "outlook," "potential," "enthusiastic," "future" and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including risks related to our ability to meet our estimated forecasts related to stabilized cap rates and those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2024 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Accordingly, investors should use caution in relying on past forward-looking statements, which are based on results and trends at the time they are made, to anticipate future results or trends. View source version on Contacts Jaime Cannon415-655-4580
