Terreno Realty Corp. has completed the redevelopment of its property at 8615 South 192nd Street in Kent, Wash., and leased 100 percent of the property.
The redeveloped property consists of a newly developed 220,000-square-foot rear-load industrial distribution building on approximately 12.7 acres adjacent to State Route 167 (Valley Freeway) in the northern Kent Valley. The total cost of the redeveloped property is approximately $33.9 million.
Terreno Realty Corp. has executed a lease for 100 percent of the property, which commenced August 25, 2020, and expires Nov. 30, 2027, with a provider of retail supply chain, warehousing and final-mile delivery.
Terreno Realty Corp. acquires, owns and operates 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.
