Terreno Realty Acquires DC Industrial Property for $13M – Robert Khodadadian
Terreno Realty Corporation, an industrial real estate company, recently acquired an industrial property in Washington, DC., for $13.4 million.
Located at 2266 25th Place NE, the property encompasses a newly constructed industrial distribution building spanning approximately 33,000 square feet on 1.3 acres. It offers two dock-high and five grade-level loading positions and parking for 23 cars. It is fully leased with an estimated stabilized cap rate of 5.3%.
The post Terreno Realty Acquires DC Industrial Property for $13M appeared first on Connect CRE.
Terreno Realty Corporation, an industrial real estate company, recently acquired an industrial property in Washington, DC., for $13.4 million. Located at 2266 25th Place NE, the property encompasses a newly constructed industrial distribution building spanning approximately 33,000 square feet on 1.3 acres. It offers two dock-high and five grade-level loading positions and parking for 23 …
The post Terreno Realty Acquires DC Industrial Property for $13M appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate