Terreno Lands New Tenant for 94,000 SQFT Union City Building After Tenaya’s $2MM Early Lease Exit

Terreno Realty Corporation backfilled a 94,000-square-foot Union City industrial building almost immediately after its biopharmaceutical tenant agreed to pay roughly $2 million to walk away nearly five years before its lease expired, a quick turnaround in an East Bay market where vacancy is climbing and tenant demand has thinned. Terreno Realty Corporation said it has […]