Terreno Realty Corporation Acquires 7.2 Acres Industrial Property In San Jose For $23M

Terreno Realty Corporation has acquired a 7.2-acre industrial property located at 1300 Berryessa Road in San Jose. The transaction took place on October 29, 2021, with a sale price of $23,000,000. The property is situated in a prime location in the San Jose market.

Summary of Transaction Details

• Property Type: Industrial
• Transaction Amount: $23,000,000
• Address: 1300 Berryessa Road, San Jose
• Market: San Jose
• Acreage: 7.2 acres

The acquisition was made by Terreno Realty Corporation, an experienced player in the real estate market. Their successful bid secured them ownership of this industrial property, further expanding their portfolio in the San Jose market. The deal was facilitated by Blake Baird, who represented Terreno Realty Corporation as the buyer's representative.