Terreno Realty Corp. has acquired an industrial property located in Woodinville, Wash., for a purchase price of approximately $23.6 million.
The property consists of one industrial distribution building containing approximately 84,000 square feet on 5.1 acres. The property is at 16224–16240 Woodinville Redmond Road, southeast of the intersection of Interstate 405 and State Route 522, provides 16 dock-high and three grade-level loading positions and parking for 139 cars. The property is 100 percent leased to one tenant.
