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Terreno Realty posts strong Q2 with 11.1% revenue growth and 97.6% occupancy, keeps Buy rating.

Analyst Insights
15 Sep 2026
Seeking Alpha
View Source
Bullish
Terreno Realty posts strong Q2 with 11.1% revenue growth and 97.6% occupancy, keeps Buy rating.

Terreno Realty Corporation reported solid Q2 results with 11.1% revenue growth and 9.4% growth in funds from operations per share. The company maintained a high occupancy rate of 97.6% and achieved 27.7% cash rent increases on new leases. It continues disciplined capital recycling with acquisitions at a 5.3% cap rate and a conservative net debt to EBITDA ratio of 2.5x, supported by Moody's Baa1 credit rating. Dividend growth of 9.6% was noted, though the payout now exceeds adjusted funds from operations, which investors should watch closely going forward.

Terreno Realty Corporation's strong Q2 results provide context for readers. For those following the Real Estate sector, here is Pluang's market snapshot as of Sep 15, 2026 20:33 WIB: out of 22 priced US Real Estate stocks, 2 rose and 20 fell. Notable movers include Prologis Inc (PLD) at USD 134.43 with a -0.54% change, VICI Properties Inc (VICI) at USD 24.91 with a -0.54% change, and Simon Property Group Inc (SPG) at USD 204.05 with a -0.45% change.

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