Terreno Realty Corp
Close on Oct 19, 2026
- Market cap
- $6.83B
- P/E (TTM)
- 17.2
- Dividend yield
- 3.15%
About Terreno Realty
Real Estate, SIC 6500
Terreno Realty Corporation acquires, owns, and operates industrial real estate, primarily targeting infill locations surrounded by dense existing development and near key transportation infrastructure. The company focuses on several property categories: warehouse and distribution facilities, improved land for outdoor storage, transshipment hubs including truck terminals, and flex spaces accommodating light industrial or research and development uses. Its functional properties are designed to support single or multiple commercial tenants across logistics, distribution, and manufacturing sectors.
As of late 2025, the company's portfolio encompasses 309 buildings totaling approximately 19.8 million square feet, 46 improved land parcels spanning about 147 acres, and six development or redevelopment projects. These holdings are distributed across six coastal United States markets: New York City/Northern New Jersey, Los Angeles, Miami, the San Francisco Bay Area, Seattle, and Washington, D.C. The company is organized as an internally managed Maryland corporation, though the provided text does not specify the city of its corporate headquarters.
Summary of the business section of Terreno Realty's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Terreno Realty Corp
- Founded
- 2009
- Headquarters
- San Francisco, CA
- Address
- 101 Montgomery Street, Suite 200 94104
- Phone
- (415) 655-4580
- Website
- terreno.com
- Employees
- 47, Dec 31, 2025
- Industry
- Real Estate
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Seattle, Washington
Stock & identifiers
- Ticker
- TRNO
- Exchange
- NYSE
- Shares outstanding
- 109M, Aug 3, 2026
- Public float
- $5.69B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1476150
- CUSIP
- 88146M101
- ISIN
- US88146M1018
- EIN
- 27-1262675
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael A. Coke | President, Director | 630,211 |
| W. Blake Baird | CHAIRMAN AND CEO, Director | 900,827 |
| John Tull Meyer | EVP | 199,139 |
| Jaime Jackson Cannon | CFO | 187,989 |
| Muehlen Constance E. Von | Director | 5,301 |
| Paul Joseph Donahue | Director | 2,462 |
| Gary N. Boston | Director | 10,703 |
| Douglas M. Pasquale | Director | 115,176 |
| Irene H. Oh | Director | 9,658 |
| Leroy E. Carlson | Director | 42,449 |
| Dennis Polk | Director | 46,634 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Baird | $5.41M | $2.78M | $2.86M | $106 | $104 |
| FY2024 Mr. Baird | $5.31M | $5.48M | $2.81M | $97 | $108 |
| FY2023 Mr. Baird | $5.05M | $4.28M | $2.53M | $114 | $114 |
| FY2023 Mr.Baird | $5.05M | $4.28M | $2.53M | $114 | $114 |
| FY2023 Mr.Coke | $5.05M | $4.28M | $2.53M | $114 | $114 |
| FY2022 Mr. Baird | $4.43M | -$1.63M | $2.32M | $69 | $76 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of February 3, 2026, we had 47 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 21, 2017 | Delisting | Notice of delisting from exchange (Form 25) |
| Feb 4, 2015 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 31, 2013 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jul 13, 2012 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jul 6, 2012 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 31, 2012 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 12, 2012 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| May 23, 2011 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 1, 2010 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 27, 2010 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 14, 2010 | Listing | Registration of securities on an exchange (Form 8-A) |