Institutional investors are gravitating toward small-bay assets ahead of a broader industrial recovery, drawn by stronger income visibility, resilient demand, and more straightforward underwriting.
Terreno Realty’s shares have performed well but still appear modestly undervalued—by roughly 7%—suggesting that while the landfill-to-logistics strategy adds credibility to the story, its long-term value will depend on consistent execution rather than any single completed building.
The program provides up to a 50 percent reimbursement for exterior improvements, with a maximum award of $10,000 per project. Businesses and commercial property owners located within the Doral Décor District, as well as Homeowner Associations (HOAs), are eligible to apply.