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Terreno announces a 75,000-square-foot lease

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    San Francisco-based Terreno Realty announced today it has executed a lease for 75,000 square feet at its recently renovated industrial property in Elizabeth to a third-party logistics company. The lease commences October 1, 2013 and expires December 31, 2018.

    Financial terms of the lease were not disclosed. Terreno leased 52,000 square feet of space in Newark for $15 million in July, and acquired the $2.8 million Fairfield distribution building in the same month.

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