SAN FRANCISCO--(BUSINESS WIRE)--
The Board of Directors of Terreno Realty Corporation (NYSE:TRNO), an
acquirer, owner and operator of industrial real estate in six major
coastal U.S. markets, declared a regular cash dividend for the quarter
ending March 31, 2013 of $0.12 per common share. The dividend will be
payable on April 19, 2013 to common stockholders of record at the close
of business on April 5, 2013.
The Board of Directors declared a dividend of $0.484375 per preferred
share on Terreno Realty Corporation’s 7.75% Series A Cumulative
Redeemable preferred stock. The preferred dividend will be payable April
1, 2013 to preferred stockholders of record at the close of business on
March 11, 2013.
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.
Additional information about Terreno Realty Corporation is available on
the company’s web site at www.terreno.com.
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 risks related to our ability to meet our estimated
forecasts related to stabilized cap rates and 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
Michael A. Coke
415-655-4580
Source: Terreno Realty Corporation