BELLEVUE, Wash.–(BUSINESS WIRE)–Terreno Realty Company (NYSE: TRNO), an acquirer, proprietor and operator of business actual property in six main coastal U.S. markets, introduced immediately a rise in borrowing capability below its revolving credit score facility (the “Facility”) by $150 million to $400 million. The present steadiness excellent on the Facility is $12 million.
KeyBanc Capital Markets, MUFG Union Financial institution, N.A., PNC Capital Markets LLC and Areas Capital Markets served as joint lead arrangers and KeyBank, N.A. is the executive agent. MUFG Union Financial institution, PNC Financial institution, N.A. and Areas Banks served as co-syndication brokers. Different key members have been Goldman Sachs Financial institution USA, U.S. Financial institution, N.A., Huntington Nationwide Financial institution and Residents.
Terreno Realty Company acquires, owns and operates industrial actual property in six main coastal U.S. markets: Los Angeles, Northern New Jersey/New York Metropolis, San Francisco Bay Space, Seattle, Miami, and Washington, D.C.
Extra details about Terreno Realty Company is accessible on the corporate’s web page at www.terreno.com.
This press launch incorporates forward-looking statements inside the which means of the federal securities legal guidelines. We warning buyers that forward-looking statements are based mostly on administration’s beliefs and on assumptions made by, and data presently obtainable to, administration. When used, the phrases “anticipate,” “consider,” “estimate,” “anticipate,” “intend,” “might,” “would possibly,” “plan,” “challenge,” “consequence,” “ought to,” “will,” “search,” “goal,” “see,” “seemingly,” “place,” “alternative,” “outlook,” “potential,” “enthusiastic,” “future” and comparable expressions which don’t relate solely to historic issues are supposed to determine forward-looking statements. These statements are topic to dangers, uncertainties, and assumptions and should not ensures of future efficiency, which can be affected by recognized and unknown dangers, tendencies, uncertainties, and elements which might be past our management, together with dangers associated to our potential to satisfy our estimated forecasts associated to stabilized cap charges, the impression of the COVID-19 pandemic on our enterprise, our tenants and the nationwide and native economies, and people danger elements contained in our Annual Report on Kind 10-Okay for the 12 months ended December 31, 2021 and our different public filings. Ought to a number of of those dangers or uncertainties materialize, or ought to underlying assumptions show incorrect, precise outcomes might fluctuate materially from these anticipated, estimated, or projected. We expressly disclaim any duty to replace our forward-looking statements, whether or not because of new data, future occasions, or in any other case, besides as required by legislation. Accordingly, buyers ought to use warning in counting on previous forward-looking statements, that are based mostly on outcomes and tendencies on the time they’re made, to anticipate future outcomes or tendencies.