Terreno Realty

Terreno Realty Corporation and together with its subsidiaries, the ?Company?) 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. All square feet, acres, occupancy and number of properties disclosed in these condensed notes to the consolidated financial statements are unaudited. As of September 30, 2020, the Company owned 219 buildings aggregating approximately 13.1 million square feet, 22 improved land parcels consisting of approximately 85.0 acres and one property under redevelopment expected to contain approximately 0.2 million square feet upon completion. The Company is an internally managed Maryland corporation and elected to be taxed as a real estate investment trust (?REIT?) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the ?Code?), commencing with its taxable year ended December 31, 2010.

Terreno Realty’s mission is to create value for our stockholders through the acquisition, ownership and management of industrial real estate and related assets. We strive to identify industrial assets that can generate attractive risk-adjusted returns for our stockholders.

Terreno Realty’s vision is to be the preeminent owner and operator of industrial real estate in the United States, and seek to accomplish this by creating and delivering long-term, value-enhancing investments.

Terreno Realty has won numerous awards, including the prestigious 2019 Financial Times US Investment Grade REIT award and the 2018 Real Estate Forum’s Industrial Real Estate Leadership Award.