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Terreno Realty Corporation Announces Full Exercise Of Underwriters’ Option To Purchase Additional Shares

Terreno Realty Corporation (NYSE:TRNO) announced today that the underwriters of its public offering of 5,000,000 shares of common stock have exercised in full their option to purchase an additional 750,000 shares of common stock. All shares in the offering are being sold at a price of $16.60 per share. Settlement of the sale of all shares in the offering is expected to occur on February 25, 2013, subject to customary closing conditions.

Goldman, Sachs & Co. and KeyBanc Capital Markets Inc. served as joint book-running managers for the offering. Stifel, Nicolaus & Company, Incorporated and Robert W. Baird & Co. Incorporated served as lead managers and Mitsubishi UFJ Securities (USA), Inc., PNC Capital Markets LLC, JMP Securities LLC, Regions Securities LLC and Compass Point Research & Trading LLC served as co-managers for the offering.

A copy of the prospectus supplement and prospectus relating to these securities may be obtained, when available, by contacting Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1.866.471.2526, facsimile: 1.212.902.9316, email prospectus-ny@ny.email.gs.com, or KeyBanc Capital Markets Inc., Attention: Prospectus Delivery Department, 127 Public Square, 6th Floor, Cleveland, OH 44114, telephone: 1.800.859.1783.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Any offer or sale will be made only by means of the written prospectus forming part of the effective registration statement.

About the Company

Terreno Realty Corporation is an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets: Los Angeles; Northern New Jersey/New York City; San Francisco Bay Area; Seattle; Miami; and Washington, D.C./Baltimore.

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