Terreno Realty Corporation is an internally managed REIT that acquires, owns, and operates industrial real estate, including warehouses, distribution facilities, flex space, transshipment terminals, and improved land parcels, concentrated 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. The company targets infill properties in supply-constrained submarkets with proximity to transportation infrastructure, leasing its portfolio to a diversified customer base. Terreno generates revenue primarily through base rent from its industrial properties, pursues value creation through development, redevelopment, renovation, and opportunistic acquisitions, and maintains a conservative capital structure while distributing substantially all net taxable income as required of a REIT.