Terreno Realty Acquires 65,000 SQFT India Basin Distribution Building for $25.9MM in San Francisco

At roughly $398 per square foot for a fully leased, four-tenant distribution building on 3.8 acres, the Bellevue-based REIT's June 4 acquisition of 201-395 Mendell Street underscores how sharply coastal infill industrial commands a premium over a national market posting 7.5 percent vacancy and 0.8 percent rent growth. Terreno Realty Corporation has acquired a fully […]