# Terreno Realty Acquires South San Francisco Building for About $19 Million

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/54078
Published: 2026-11-11T14:26:11.000Z
Updated: 2026-11-11T14:26:11.000Z
Section: Business

> The fully leased, 60,000-square-foot building sits on 2.1 acres and has an estimated stabilized cap rate of 4.8%.

Terreno Realty Corporation added a fully leased industrial property in South San Francisco to its Bay Area holdings, acquiring the site for about $19 million on Nov. 6.

The property at 233 East Harris Avenue includes a 60,000-square-foot building on 2.1 acres. It is located in the corridor between San Francisco International Airport and San Francisco.

One tenant leases the entire property. Terreno estimates a stabilized capitalization rate of 4.8% for the site.

The building has four dock-high loading positions, one van-high position and two grade-level positions. Parking is available for 57 cars.