Terreno Realty Corporation has begun construction on Building 35, the final facility in Countyline Corporate Park Phase IV in Hialeah, Florida. The new industrial distribution building will offer 220,000 square feet of space with 36-foot clear heights, 78 dock-high and two grade-level loading positions, and parking for 185 vehicles. Shell construction is expected to be completed in the fourth quarter of 2026, with the building targeting LEED certification. The investment for Building 35 is projected at $55.5 million, with an estimated stabilized cap rate of 6.0%. Upon completion in 2027, Countyline Corporate Park Phase IV will comprise ten LEED-certified buildings totaling approximately 2.2 million square feet.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Terreno Realty Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251202600068) on December 03, 2025, and is solely responsible for the information contained therein.
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