Is It Too Late To Buy Terreno Realty?
Investors in Terreno Realty (NYSE: TRNO) could consider themselves in an interesting situation right now. The specialist in small industrial properties saw a major run-up in its stock price through 2021 before a sharp sell-off in the early days of the new year. That makes now a good time to consider whether it's too late to get in or there are reasonable expectations for more wealth-making ahead.
First, let's look at where this real estate investment trust (REIT) is now. After multiple acquisitions during the year, Terreno now has a portfolio of 253 buildings containing 15.1 million square feet and another 36 improved land parcels serving 554 customers in and around Los Angeles, northern New Jersey and New York City, San Francisco, Seattle, Miami, and Washington, D.C.
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Source Fool.com
