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Schedule III Real Estate Investments and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2020
SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III Real Estate Investments and Accumulated Depreciation
Schedule III
Real Estate Investments and Accumulated Depreciation
As of December 31, 2020
(in thousands)

    
Initial Cost
to Company
Costs
Capitalized
Subsequent
to
Acquisition
Gross Amount Carried
at December 31, 2020
   
Property Name
No. of
Bldgs.
LocationEncumbrancesLand
Buildings &
Improvements
Land
Buildings &
Improvements
TotalAccumulated
Depreciation
Year
Acquired
Year
Constructed
Los Angeles
104th Street1Los Angeles, CA$— $3,701 $976 $— $3,701 $976 $4,677 $84 2017 1951
139th Street2Carson, CA— 21,236 15,783 2 21,236 15,785 37,021 1,262 2017 1965/2003
630 Glasgow1Inglewood, CA— 2,245 1,855 400 2,245 2,255 4,500 734 2011 1988
747 Glasgow1Inglewood, CA— 1,759 1,555 295 1,759 1,850 3,609 439 2014 1981
14611 Broadway1Gardena, CA— 4,757 1,243 1,020 4,757 2,263 7,020 965 2013 1962
19601 Hamilton1Torrance, CA— 7,409 4,072 895 7,409 4,967 12,376 1,348 2011 1985
709 Hindry1Inglewood, CA— 2,105 2,972 214 2,105 3,186 5,291 412 2016 1984
Acacia1Compton, CA— 5,143 1,985 139 5,143 2,124 7,267 228 2017 1972
Anderson5Los Angeles, CA— 17,095 1,271 1,268 17,095 2,539 19,634 76 2019 1912-1987
Aviation—Inglewood, CA— 9,544 498 — 9,544 498 10,042 5 2020 
Dominguez—Los Angeles, CA— 11,370 1,535 3,082 11,370 4,617 15,987 339 2017 
Garfield5Commerce, CA— 27,539 22,694 4,427 27,539 27,121 54,660 8,369 2012 2002
Gladwick1Rancho Dominguez, CA— 11,636 5,998 — 11,636 5,998 17,634 123 2020 2009
Hawthorne8Hawthorne, CA— 17,226 10,069 1,742 17,226 11,811 29,037 1,287 2017 1952/1986
Las Hermanas1Compton, CA— 3,330 751 806 3,330 1,557 4,887 325 2014 1970
Lynwood3Lynwood, CA— 43,885 — — 43,885 — 43,885 — 2017 1988
McLaren1Irvine, CA— 7,459 668 — 7,459 668 8,127 1 2020 1982
Manhattan Beach1Redondo Beach, CA— 7,874 5,641 787 7,874 6,428 14,302 1,576 2012 1963/1970
Maple—Rancho Dominguez, CA— 9,371 607 285 9,371 892 10,263 1 2020 1965
Porter1Los Angeles, CA— 3,791 399 — 3,791 399 4,190 1 2020 1911/1968
Shoemaker—Santa Fe Springs, CA— 4,759 1,099 25 4,759 1,124 5,883 81 2018 1986/1997
Slauson—Santa Fe Springs, CA— 4,679 697 694 4,679 1,391 6,070 51 2019 1967/1973
South Main2Carson, CA— 16,371 7,045 17,096 16,371 24,141 40,512 6,783 2012/20142016
South Main III1Gardena, CA— 11,521 12,467 — 11,521 12,467 23,988 1,183 2017 2016
Telegraph Springs2Santa Fe Springs, CA— 7,063 7,236 309 7,063 7,545 14,608 777 2017 2007
Vermont1Torrance, CA— 10,173 7,105 221 10,173 7,326 17,499 591 2018 1978
1215 Walnut1Compton, CA—6,1302,522106,1302,5328,6622442017 1969/1990
Walnut II1Compton, CA—6,0975,0699556,0976,02412,1214022018 1969
Northern New Jersey/
New York City
    
Initial Cost
to Company
Costs
Capitalized
Subsequent
to
Acquisition
Gross Amount Carried
at December 31, 2020
   
Property Name
No. of
Bldgs.
LocationEncumbrancesLand
Buildings &
Improvements
Land
Buildings &
Improvements
TotalAccumulated
Depreciation
Year
Acquired
Year
Constructed
1 Dodge Drive1West Caldwell, NJ—3,8192,9822,0293,8195,0118,8301,6722013 1985
17 Madison1Fairfield, NJ—9741,6475439742,1903,1646852013 1979
20 Pulaski1Bayonne, NJ—4,0034,9461,6414,0036,58710,5901,4782014 1965
22 Madison1Fairfield, NJ—1,3651,6071,0391,3652,6464,0112962015 1979
48th 3rd and 286 Central1Kearny, NJ—12,0611,664612,0611,67013,731932019 1978/1983
49th Street1Queens, NY—21,6742,9991,16921,6744,16825,8423492019 1966
50 Kero2Carlstadt, NJ—10,3433,8763,08210,3436,95817,3017442017 1970
51 Kero—Carlstadt, NJ—3,23658913,2365903,826272019 1956-1966
74th North Bergen1North Bergen, NJ—2,9331,8179592,9332,7765,7093612016 1973
81 N. Hackensack—Kearny, NJ—25,901——25,901—25,901—2019 
85 Doremus—Newark, NJ—5,918513—5,9185136,431452018 
341 Michele1Carlstadt, NJ—2,3724,7989602,3725,7588,1301,2022013 1973
422 Frelinghuysen—Newark, NJ—16,728—6,78116,7286,78123,5096762017 
465 Meadow1Carlstadt, NJ—7131,6182637131,8812,5944552013 1972
550 Delancy1Newark, NJ—9,2304,8552,0109,2306,86516,0951,5472013 1987
620 Division1Elizabeth, NJ—6,4913,5683,5316,4917,09913,5903,0012011 1980
7777 West Side1North Bergen, NJ—4,5258,856—4,5258,85613,3818442017 1967
900 Hart1Piscataway, NJ—3,2023,8661,3013,2025,1678,3691,1212014 1983
901 North—Elizabeth, NJ—8,0359138298,0351,7429,7774552016 2016
Avenue A4Carlstadt, NJ—7,5164,6607237,5165,38312,8997422017 1951/1957
Belleville1Kearny, NJ11,27112,84518,0411,80812,84519,84932,6944,4762011 2006
Commerce1Carlstadt, NJ—1,6561,5441281,6561,6723,3281052018 1969
Dell1Carlstadt, NJ—6,6417715486,6411,3197,9603142011 1972
Ethel2Piscataway, NJ—2,7483,8011,6412,7485,4428,1901,3942013 1981/1984
Interstate2South Brunswick, NJ—13,68612,13514,62513,68626,76040,4466,5232010/20131999/2014
JFK Airgate4Queens, NY—18,28232,9335,25218,28238,18556,4679,2102013 1986/1991
Manor1East Rutherford, NJ—4,0765,2621,7094,0766,97111,0471,1122015 1968
Melanie Lane3East Hanover, NJ—5,93113,1783,0985,93116,27622,2073,9442013 1980/1998
Middlebrook18Bound Brook, NJ—16,44210,24113,03816,44223,27939,7218,9272010 1958/1976
Morgan2Brooklyn, NY—71,05110,88895671,05111,84482,8954422019 1960/1980 & 1967
New Dutch1Fairfield, NJ—4,7732,004—4,7732,0046,7772382017 1976
Paterson Plank1Carlstadt, NJ—4,1274555194,1279745,1011182016 1998
Schoolhouse1Somerset, NJ—2,3755,7054252,3756,1308,5058002016 2009
Stockton—Newark, NJ—12,3271,28222212,3271,50413,8313592017 
Terminal Way2Avenel, NJ—3,5373,5989263,5374,5248,0616232014 1950/1968
Whelan1East Rutherford, NJ—6,3665,7044736,3666,17712,543 164 2019 2005
Wilson1Newark, NJ—2,0164848132,0161,2973,313 311 2016 1970
    
Initial Cost
to Company
Costs
Capitalized
Subsequent
to
Acquisition
Gross Amount Carried
at December 31, 2020
   
Property Name
No. of
Bldgs.
LocationEncumbrancesLand
Buildings &
Improvements
Land
Buildings &
Improvements
TotalAccumulated
Depreciation
Year
Acquired
Year
Constructed
Woodside1Queens, NY—23,9873,7963,97223,9877,76831,755 652 2018 2018
San Francisco Bay Area
20th Street1Oakland, CA—18,0926,7301,42018,0928,15026,2423472019 1970 & 2003
238/242 Lawrence2South San Francisco, CA—6,6742,6551,6166,6744,27110,9451,6262010 1986
240 Littlefield1South San Francisco, CA—5,1073,2932,8065,1076,09911,2061,2252013 2013
299 Lawrence1South San Francisco, CA—1,3521,1985481,3521,7463,0986002010 1968
631 Brennan1San Jose, CA—1,9322,2455591,9322,8044,7368042012 1975
Ahern2Union City, CA—3,2462,7491,0493,2463,7987,0441,3292010 1986
Ahern II1Union City, CA—2,4674,5272012,4674,7287,1958702015 1997
Burroughs3San Leandro, CA—5,4007,0921,4085,4008,50013,9001,6262014 1966
Caribbean3Sunnyvale, CA—17,48314,4932,87417,48317,36734,8504,3032012 1980/1981
Carlton Court1South San Francisco, CA—2,0361,4751622,0361,6373,6734832012 1981
Clawiter1Hayward, CA—5,9641,1591675,9641,3267,2902832011 1967
Hotchkiss1Fremont, CA—4,1633,1521,0714,1634,2238,3864582017 1997
Hotchkiss II1Fremont, CA—3,0423,0813553,0423,4366,4782032018 1997
Merced4San Leandro, CA—25,6219,3182,67825,62111,99637,6178252018 1958
Michele1South San Francisco, CA—2,7102,5406592,7103,1995,9094192016 1979
Minnesota and Tennessee2San Francisco, CA—34,73813,14173934,73813,88048,6185612019 1963
Old Bayshore—San Jose, CA—10,2441,609—10,2441,60911,853442020 1987
San Clemente1Hayward, CA—5,1263,9381525,1264,0909,2162842018 1982
Starlite1South San Francisco, CA—3,7361444183,7365624,29822020 1967
West 140th2San Leandro, CA—9,5786,2973,7459,57810,04219,6201,3632016 1959
Whitney3San Leandro, CA—13,8219,0162,08713,82111,10324,9249422018 1974
Wicks1San Leandro, CA—2,224298—2,2242982,522242018 1976
Central Pacific Business Park I3Union City, CA—8,46814,1651,0818,46815,24623,7142,9302014 1989
Central Pacific Business Park II4Union City, CA—13,64223,6584,93713,64228,59542,2376,1002015 2015
Seattle
6th Ave South1Seattle, WA—7,2158,67007,2158,67015,885 142 2020 1960
79 Ave South1Kent, WA—1,2671,5037671,2672,2703,5375312014 2000
84th Kent—Kent, WA—4,5521362564,5523924,944122020 1963/2000
917 Valley1Puyallup, WA—2,2034,551—2,2034,5516,7541282019 2006
3401 Lind1Renton, WA—2,9996,7071,4172,9998,12411,1231,1482014 1984/2012
4225 2nd Avenue1Seattle, WA—4,2364,0492,0124,2366,06110,2971,0062015 1957
4930 3rd Avenue South1Seattle, WA—3,9842,4248173,9843,2417,2255072016 1964
12119 East Marginal—Tukwila, WA—4,9501,740—4,9501,7406,69022020 1996
    
Initial Cost
to Company
Costs
Capitalized
Subsequent
to
Acquisition
Gross Amount Carried
at December 31, 2020
   
Property Name
No. of
Bldgs.
LocationEncumbrancesLand
Buildings &
Improvements
Land
Buildings &
Improvements
TotalAccumulated
Depreciation
Year
Acquired
Year
Constructed
17600 West Valley Highway1Tukwila, WA—3,3615,2601,4253,3616,68510,0461,7912012 1986
Auburn 4001Auburn, WA—4,4155,2342024,4155,4369,8512082019 2000
Auburn 13071Auburn, WA—4,2535,0343374,2535,3719,6241,0002014 2002
Dawson1Seattle, WA—3,9022783313,9026094,5111032017 1964
Denver1Seattle, WA—3,2031,3454893,2031,8345,0373832016 1953
East Valley1Renton, WA—2,6932,959532,6933,0125,7052052018 1991
East Marginal—Renton, WA—2,6183801142,6184943,112222019 1991
Hanford1Seattle, WA—3,8212,2505423,8212,7926,6133002017 1952
Hudson1Seattle, WA—4,471912—4,4719125,383162020 2006
Kent 1881Kent, WA—3,2514,7191,2483,2515,9679,2181,9372010 1979
Kent 1901Kent, WA—4,5605,5613954,5605,95610,5161,0672015 1992/1999
Kent 1921Kent, WA—12,75220,642—12,75220,64233,3942472020 2017
Kent 2021Kent, WA—5,7619,1142,8105,76111,92417,6852,2412015 1981
Kent 2161Kent, WA—3,6725,4089673,6726,37510,0471,3172014 1996
Kent Corporate Park4Kent, WA—5,0326,9162,1255,0329,04114,0731,6952015 1980/1981
Lucile1Seattle, WA—4,4983,5041,3424,4984,8469,3448162017 1976
Lund1Auburn, WA—2,5734,3991732,5734,5727,1455962016 1999
Olympic1Tukwila, WA—1,4991,4315361,4991,9673,4665542015 1978
SeaTac 8th Avenue1Burien, WA—2,5014,0201,9152,5015,9358,4361,3552013 1988
SE 32nd Street1Bellevue, WA—9,0592,081—9,0592,08111,14072020 1982
SW 34th1Renton, WA—2,9123,2894982,9123,7876,6997752014 1996/2010
Valley Corporate2Kent, WA—5,2649,0961,9165,26411,01216,2763,0642011 1987
Miami
26th Street1Miami, FL—3,4444,5581,1783,4445,7369,1801,1782012 1973
48th Avenue2Miami Gardens, FL—4,3222,1875864,3222,7737,0956342011 1987
70th Avenue1Miami, FL—1,4342,3331981,4342,5313,9656742011 1999
70th Avenue II1Miami, FL—2,1523,4185532,1523,9716,1235572016 1969
70th Avenue III1Miami, FL—2,5433,1676902,5433,8576,4004542016 1974
70th Avenue IV1Miami, FL—1,1191,4563291,1191,7852,9041862017 1969
70th Avenue V1Miami, FL—5,0363,4191,5265,0364,9459,9813202017 1974
74th Avenue 1Miami, FL—2,3273,5386462,3274,1846,5115312016 1986
78th Avenue1Doral, FL—2,4451,7552,8402,4454,5957,0401,3052012 1977
81st Street2Medley, FL—2,9385,2421,3152,9386,5579,4951,3012015 1996/2003
94th Avenue1Doral, FL—3,0003,5803523,0003,9326,9323652017 1989
107th Avenue1Medley, FL—2,7872,0365062,7872,5425,3297152013 2001
101st Road1Medley, FL—2,6473,2584682,6473,7266,3739592013 2012
131st Street1Medley, FL—2,9035,7295992,9036,3289,2311,2572014 1999
    
Initial Cost
to Company
Costs
Capitalized
Subsequent
to
Acquisition
Gross Amount Carried
at December 31, 2020
   
Property Name
No. of
Bldgs.
LocationEncumbrancesLand
Buildings &
Improvements
Land
Buildings &
Improvements
TotalAccumulated
Depreciation
Year
Acquired
Year
Constructed
12950 SW South River1Medley, FL—1,9714,0297391,9714,7686,7395812016 2000
Americas Gateway6Doral, FL—11,15211,7213,73411,15215,45526,6074,1312013 1978/1982
Miami International Trade Center4Medley, FL—5,06310,9581,6945,06312,65217,7152,0592015 1996
Washington, D.C.
75th Ave5Landover, MD—10,65818,6154,75710,65823,37234,0304,26420141987/1990
2920 V Street1Washington, D.C.—2,2481,6701,4992,2483,1695,41733620171958
3601 Pennsy1Landover, MD—2,3314,3751,2192,3315,5947,9251,19220131996
4230 Forbes1Lanham, MD—1,7362,3951,1301,7363,5255,26164320132003
Business Parkway1Lanham, MD—3,0383,00713,0383,0086,04634720162002
Hampton Overlook3Capitol Heights, MD—4,6027,5219934,6028,51413,1161,08120161989/1990
New Ridge—Hanover, MD—5,6891,5674435,6892,0107,6992472016
V Street6Washington, D.C.—67,13241,29913,75667,13255,055122,18710,37020151955/1963
Subtotal22211,2711,138,235735,826206,8591,138,233942,6882,080,921169,708
Unamortized net deferred financing costs(7)
Intangible assets88,859 68,365 
Total222$11,264 $1,138,235 $735,826 $206,859 $1,138,233 $942,688 $2,169,780 $238,073 
Terreno Realty Corporation
Schedule III
Real Estate Investments and Accumulated Depreciation – (Continued)
As of December 31, 2020
(in thousands)
A summary of activity for real estate and accumulated depreciation for the years ended December 31, 2020 and 2019 is as follows:
 
20202019
Investment in Properties
Balance at beginning of year$2,154,194 $1,845,776 
Acquisition of properties100,391 289,591 
Disposition of properties(53,978)(41,560)
Construction in progress7,029 28,154 
Improvements, net of write-offs23,592 32,233 
Balance at end of year$2,231,228 $2,154,194 

 20202019
Accumulated Depreciation
Balance at beginning of year$208,279 $169,772 
Amortization of lease intangible assets6,702 10,123 
Depreciation expense37,020 33,630 
Disposition of properties and write-offs(13,928)(5,246)
Balance at end of year$238,073 $208,279