Terreno Realty Corporation – an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets – has announced in a press release that it has executed a renewal lease for 35,000 square feet and an expansion lease for 30,000 square feet in Santa Clara, California, with an unnamed designer and developer of eVTOL aircraft.
“The renewal lease will commence upon expiration of the existing lease in September 2025 and the expansion lease will commence in August 2025. Both leases will expire August 2028,” said the company.
“Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: New York City/Northern New Jersey; Los Angeles; Miami; San Francisco Bay Area; Seattle; and Washington, D.C.
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(Image: Night views of the cities of Silicon Valley; the city lights of San Jose, Santa Clara and other cities in south San Francisco bay under a red sunset sky; golden hills in the foreground, California – Shutterstock)