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Thursday, November 5, 2026Commercial real estate news

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RATE WATCHDaily benchmarks 10-year Treasury4.84%-6 bpAs of Nov 5 5-year Treasury4.59%-10 bpAs of Nov 5 SOFR3.92%-2 bpAs of Nov 5 Effective Fed funds3.88%UnchangedAs of Nov 5

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Industrial property acquisition / NEWS

Terreno buys Hyattsville industrial property for $23.1 million

The fully leased property sits next to another Terreno holding on Tuxedo Road.

Adrian ColeInvestment SalesNovember 7, 2026 · 2 min read

Commercial buildings line a curving street in Hyattsville, Maryland. — An archival view of a commercial street in Hyattsville, Maryland. The image is illustrative and does not depict the property identified in the article. Archival illustrative photograph; not presented as the specific property in this report. Photo: Bohemian Baltimore / Wikimedia Commons · CC BY-SA 4.0. Commons resize where applicable; CSS display crop. Adapted display remains under CC BY-SA 4.0.

Acquisition adds to Tuxedo Road holdings

Terreno Realty Corporation acquired a fully leased industrial property in Hyattsville, Maryland, for approximately $23.1 million, according to a Nov. 6 company announcement. The purchase of 5000 Tuxedo Road closed Nov. 5. Stockwatch

The property has a 36,000-square-foot building on 6.1 acres, with 17 grade-level loading positions. It is leased in full to one tenant, Terreno said. The company did not identify the tenant or seller in its announcement. Stockwatch

The acquisition is adjacent to Terreno’s property at 5380 Tuxedo Road and near the intersection of U.S. Route 50 and the Baltimore-Washington Parkway, less than a mile outside Washington, D.C., according to the company. The deal adds a neighboring parcel to Terreno’s holdings in the area. Stockwatch

Estimated return

Terreno put the estimated stabilized capitalization rate at 5.4%. The company said that measure uses annualized cash-basis net operating income stabilized to market occupancy, divided by total acquisition cost. That cost includes the purchase price and other expenses, such as due diligence, closing costs and estimated near-term capital and leasing expenditures. Stockwatch

The estimate gives investors a measure of the return Terreno expects at stabilization, rather than a reported current yield. The company cautioned that its forecasts are subject to risks and actual results may differ. Stockwatch

industrial acquisition sale