Terreno Realty Corporation Announces Pricing Of Public Follow-on Offering Of 7,000,000 Shares Of Common Stock

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today the pricing of its public offering of 7,000,000 shares of common stock at a price per share of $17.75. The underwriters have been granted a 30-day option to purchase up to an additional 1,050,000 shares of common stock. The Company intends to use the net proceeds from the offering for the repayment of debt, future acquisitions, general corporate purposes or a combination of the foregoing.

Goldman, Sachs & Co. and KeyBanc Capital Markets Inc. served as joint book-running managers for the offering. Stifel, Mitsubishi UFJ Securities (USA), Inc., Robert W. Baird & Co. Incorporated and PNC Capital Markets LLC served as lead managers for the offering and JMP Securities LLC, Compass Point Research & Trading, LLC and MLV & Co. 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., Attn: Prospectus Delivery Department, 127 Public Square, 4th 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.

If you liked this article you might like

6 Stocks Trading Up With Unusual Volume

Trade-Ideas: Terreno Realty (TRNO) Is Today's Strong And Under The Radar Stock

Strong And Under The Radar: Terreno Realty (TRNO)

Today's Strong And Under The Radar Stock Is Terreno Realty (TRNO)

Strong And Under The Radar: Terreno Realty (TRNO)