Terreno Realty (TRNO) Corporatio announced that construction has begun on Countyline Corporate Park Phase IV Building 34 in Hialeah, Florida. Terreno Realty Corporation’s Countyline Corporate Park Building 34 is a 220,000-square-foot, 36-foot clear height rear-loading industrial distribution building on 13.0 acres with 76 tall docks and two level loading bays and parking for 188 cars. Building 34 is 70% pre-leased to a supplier of perishable food products and foodservice supplies to the cruise ship industry, beginning with building completion and tenant build-out, which is expected to be in the third quarter of 2025 .and expires in February 2033. Building 34 is expected to receive LEED certification, the total expected investment is $55.9 million, and the estimated stabilized limit is 5.7%.
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