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Terreno Realty Corporation Acquires 89,000 SF In Medley

Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Medley on February 27, 2015 for a purchase price of approximately $8.5 million.

The property consists of two industrial distribution buildings containing approximately 89,000 square feet on 4.7 acres approximately four miles northwest of Miami International Airport adjacent to the Palmetto Expressway and North Okeechobee Road.

The property is at 8105 NW 77th Street and 7999 NW 81st Place, provides 30 dock-high and two grade-level loading positions, parking for 82 cars and is 100% leased to one tenant.