Terreno Realty Extends 172,000-Square-Foot Sunnyvale Industrial Leases Through 2035
Terreno Realty completed early renewals for three Sunnyvale, California industrial buildings totaling 172,000 square feet, extending a molecular diagnostic testing tenant’s occupancy through March 2035. Securing the extensions more than three years ahead reduces near-term leasing risk and pushes the next scheduled expiration to 2035, avoiding a planned 2030 marketing need. Terreno did not specify any additional lab or manufacturing infrastructure.