Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Terreno Realty Corporation    TRNO

News SummaryMost relevantAll newsSector news 

Terreno Realty Corporation : Announces Public Follow-on Offering of 5,000,000 Shares of Common Stock

share with twitter share with LinkedIn share with facebook
share via e-mail
02/19/2013 | 10:05pm CET

Terreno Realty Corporation (NYSE:TRNO) announced today that it plans to sell 5,000,000 shares of its common stock in an underwritten public offering pursuant to its effective shelf registration statement previously filed with the Securities and Exchange Commission. The underwriters will be granted a 30-day option to purchase up to an additional 750,000 shares of common stock. The Company intends to use the net proceeds from the offering for the repayment of debt, future acquisitions, general corporate purposes or a combination of the foregoing.

Goldman, Sachs & Co. and KeyBanc Capital Markets Inc. are serving as joint book-running managers for the offering. A copy of the prospectus supplement and prospectus relating to these securities may be obtained, when available, by contacting Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1.866.471.2526, facsimile: 1.212.902.9316, email prospectus-ny@ny.email.gs.com, or KeyBanc Capital Markets Inc., Attention: Prospectus Delivery Department, 127 Public Square, 6th Floor, Cleveland, OH 44114, telephone: 1.800.859.1783.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Any offer or sale will be made only by means of the written prospectus forming part of the effective registration statement.

About the Company

Terreno Realty Corporation is an acquirer, owner and operator of 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./Baltimore.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management's beliefs and on assumptions made by, and information currently available to, management. When used, the words "anticipate", "believe", "estimate", "expect", "intend", "may", "might", "plan", "project", "result", "should", "will", and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2012 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise.

Terreno Realty Corporation
W. Blake Baird or Michael A. Coke, 415-655-4580

© Business Wire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
11/28 TERRENO REALTY CORPORATION : Announces Lease in East Rutherford, NJ
11/17 TERRENO REALTY CORPORATION : Acquires Building in Carlstadt, NJ for $5.0 Million
11/14 TERRENO REALTY CORPORATION : Announces Leasing Update in Washington, D.C.
11/03 TERRENO REALTY CORPORATION : Acquires Building in Miami, FL for $6.1 Million
11/02 TERRENO REALTY : reports 3Q results
11/02 TERRENO REALTY : Management's Discussion and Analysis of Financial Condition and..
11/02 TERRENO REALTY CORPORATION : Declares Quarterly Dividend, Announces New Stock Re..
11/02 TERRENO REALTY CORPORATION : Acquires Building in North Bergen, NJ for $4.8 Mill..
10/21 TERRENO REALTY CORPORATION : Acquires Buildings in San Leandro, CA for $15.9 Mil..
10/11 TERRENO REALTY CORPORATION : Announces Quarterly Operating, Investment and Capit..
More news
Sector news : Industrial REITs
11/16 BRITISH LAND : turns cautious on office property development
11/15 Land Securities sees resilient performance despite Brexit pressure
11/15 BRITISH LAND : UK commercial property values halt post Brexit declines - MSCI IP..
11/15 EQUITY ONE : Regency Centers to buy Equity One for about $4.6 billion
11/09 Workspace strikes positive note on outlook despite Brexit concerns
More sector news : Industrial REITs
News from SeekingAlpha
11/29 TERRENO REALTY : Unjustified Premium
11/28 A Ground Up Perspective Of Lexington Realty Trust
11/23 TERRENO : High Quality For The Down Times
11/10 Rising Rates Have The Opposite Effect From What Some Might Think
11/02 Terreno Realty declares $0.20 dividend
Financials ($)
Sales 2016 84,5 M
EBIT 2016 23,5 M
Net income 2016 13,7 M
Debt 2016 370 M
Yield 2016 2,83%
P/E ratio 2016 98,36
P/E ratio 2017 88,65
EV / Sales 2016 19,2x
EV / Sales 2017 18,0x
Capitalization 1 251 M
More Financials
Duration : Period :
Terreno Realty Corporation Technical Analysis Chart | TRNO | US88146M1018 | 4-Traders
Full-screen chart
Technical analysis trends TERRENO REALTY CO...
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 28,5 $
Spread / Average Target 5,8%
Consensus details
EPS Revisions
More Estimates Revisions
W. Blake Baird Chairman, Chief Executive Officer & Secretary
Michael A. Coke President & Director
Jaime J. Cannon Chief Financial Officer & Executive Vice President
LeRoy E. Carlson Independent Director
Dennis Polk Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
PROLOGIS INC17.89%26 404
GLP J-REIT8.93%3 176
More Results