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Terreno Realty achieved $95.2 million in revenue and net income of $29.2 million for Q2 2025. Rental income was the primary contributor, with strong performance across all major geographic segments. Real estate occupancy remained high at 97.4%, and average base rent (ABR) continued to rise. The company maintained solid financial health and portfolio growth.
Terreno Realty Corporation experienced substantial growth in the first quarter of 2025, with total revenues increasing by 29.9% and net income rising by 33.5% compared to the same period last year. This performance was primarily fueled by property acquisitions in 2024 and higher rental rates on new and renewed leases.