XML 39 R24.htm IDEA: XBRL DOCUMENT v3.22.0.1
Schedule III Real Estate Investments and Accumulated Depreciation
 12 Months Ended
Dec. 31, 2021
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, 2021
(in thousands)

    
Initial Cost
to Company
Costs
Capitalized
Subsequent
to
Acquisition
Gross Amount Carried
at December 31, 2021
   
Property Name
No. of
Bldgs.
LocationEncumbrancesLand
Buildings &
Improvements
Land
Buildings &
Improvements
TotalAccumulated
Depreciation
Year
Acquired
Year
Constructed
Los Angeles
104th Street1 Los Angeles, CA$— $3,701 $976 $206 $3,701 $$1,182 $$4,883 $129 20171951
139th Street2 Carson, CA— 21,236 15,783 2 21,236 15,785 37,021 1,677 20171965/2003
630 Glasgow1 Inglewood, CA— 2,245 1,855 474 2,245 2,329 4,574 810 20111988
747 Glasgow1 Inglewood, CA— 1,759 1,555 297 1,759 1,852 3,611 526 20141981
1150 & 1250 W. Trenton Ave2 Orange, CA— 7,491 2,488 — 7,491 2,488 9,979 31 20211980 & 1971
13020 & 13030 Cerise2 Hawthorne, CA— 6,986 1,371 — 6,986 1,371 8,357 17 20211956 & 1958
13025 Cerise1 Hawthorne, CA— 6,864 1,330 — 6,864 1,330 8,194 10 20211955
14611 Broadway1 Gardena, CA— 4,757 1,243 1,551 4,757 2,794 7,551 1,087 20131962
19601 Hamilton1 Torrance, CA— 7,409 4,072 1,338 7,409 5,410 12,819 1,562 20111985
709 Hindry1 Inglewood, CA— 2,105 2,972 214 2,105 3,186 5,291 531 20161984
Acacia1 Compton, CA— 5,143 1,985 203 5,143 2,188 7,331 325 20171972
Anderson5 Los Angeles, CA— 17,095 1,271 3,037 17,095 4,308 21,403 193 20191912-1987
Aviation— Inglewood, CA— 9,544 498 580 9,544 1,078 10,622 32 20202013
Ceres Ave2 Los Angeles, CA— 4,825 2,833 — 4,825 2,833 7,657 9 20212015
Dominguez— Los Angeles, CA— 11,370 1,535 3,235 11,370 4,770 16,140 572 2017
Garfield5 Commerce, CA— 27,539 22,694 4,924 27,539 27,618 55,157 9,293 20122002
Gladwick1 Rancho Dominguez, CA— 11,636 5,998 — 11,636 5,998 17,634 279 20202009
Gramercy Place1 Torrance, CA— 4,846 1,503 160 4,846 1,664 6,510 31 20212015
Hawthorne8 Hawthorne, CA— 17,226 10,069 2,253 17,226 12,322 29,548 1,824 20171952/1986
Las Hermanas1 Compton, CA— 3,330 751 805 3,330 1,556 4,886 455 20141970
Lynwood3 Lynwood, CA— 43,885 — — 43,885 — 43,885 — 20171988
McLaren1 Irvine, CA— 7,459 668 — 7,459 668 8,127 25 20201982
Manhattan Beach1 Redondo Beach, CA— 7,874 5,641 1,182 7,874 6,823 14,697 1,799 20121963/1970
Maple— Rancho Dominguez, CA— 9,371 607 592 9,371 1,199 10,570 82 20201978
Maple II— Rancho Dominguez, CA— 14,102 183 — 14,102 183 14,285 1 2021
Porter1 Los Angeles, CA— 3,791 399 — 3,791 399 4,190 12 20201911 & 1968
San Pedro— Gardena, CA— 7,598 1,523 268 7,598 1,791 9,389 17 2021
Shoemaker— Santa Fe Springs, CA— 4,759 1,099 25 4,759 1,124 5,883 119 20181986/1997
Slauson— Santa Fe Springs, CA— 4,679 697 957 4,679 1,654 6,333 112 20191967/1973
    
Initial Cost
to Company
Costs
Capitalized
Subsequent
to
Acquisition
Gross Amount Carried
at December 31, 2021
   
Property Name
No. of
Bldgs.
LocationEncumbrancesLand
Buildings &
Improvements
Land
Buildings &
Improvements
TotalAccumulated
Depreciation
Year
Acquired
Year
Constructed
South Main2 Carson, CA— 16,371 7,045 17,421 16,371 24,466 40,837 7,448 2012/20142016
South Main III1 Gardena, CA— 11,521 12,467 787 11,521 13,254 24,775 1,517 20172016
Telegraph Springs2 Santa Fe Springs, CA— 7,063 7,236 571 7,063 7,807 14,870 1,051 20172007
Vermont1 Torrance, CA— 10,173 7,105 238 10,173 7,343 17,516 822 20181978
1215 Walnut1 Compton, CA— 6,130 2,522 10 6,130 2,532 8,662 315 20171969/1990
Walnut II1 Compton, CA— 6,097 5,069 955 6,097 6,024 12,121 648 20181969
Northern New Jersey/
New York City
1 Dodge Drive1 West Caldwell, NJ— 3,819 2,982 2,307 3,819 5,289 9,108 1,903 20131985
17 Madison1 Fairfield, NJ— 974 1,647 543 974 2,190 3,164 758 20131979
20 Pulaski1 Bayonne, NJ— 4,003 4,946 1,864 4,003 6,810 10,813 1,726 20141965
22 Madison1 Fairfield, NJ— 1,365 1,607 1,140 1,365 2,747 4,112 419 20151979
48th 3rd and 286 Central1 Kearny, NJ— 12,061 1,664 452 12,061 2,116 14,177 169 20191978/1983
49th Street1 Queens, NY— 21,674 2,999 1,435 21,674 4,434 26,108 604 20191966
50 Kero2 Carlstadt, NJ— 10,343 3,876 3,515 10,343 7,391 17,734 1,068 20171970
51 Kero— Carlstadt, NJ— 3,236 589 301 3,236 890 4,126 46 20191956-1966
74th North Bergen1 North Bergen, NJ— 2,933 1,817 1,204 2,933 3,021 5,954 520 20161973
81 N. Hackensack— Kearny, NJ— 25,901 — 1,263 25,901 1,263 27,164 66 2019
85 Doremus— Newark, NJ— 5,918 513 26 5,918 539 6,457 63 2018
97 Third Street— Kearny, NJ— 25,580 1,566 535 25,580 2,101 27,681 22 20211970
190 Morgan1 Brooklyn, NY— 4,363 249 115 4,363 364 4,727 1 20211969
341 Michele1 Carlstadt, NJ— 2,372 4,798 1,175 2,372 5,973 8,345 1,419 20131973
422 Frelinghuysen— Newark, NJ— 16,728 — 6,781 16,728 6,781 23,509 1,036 2017
465 Meadow1 Carlstadt, NJ— 713 1,618 256 713 1,874 2,587 371 20131972
550 Delancy1 Newark, NJ— 9,230 4,855 1,993 9,230 6,848 16,078 1,859 20131987
620 Division1 Elizabeth, NJ— 6,491 3,568 5,478 6,491 9,046 15,537 3,338 20111980
7777 West Side1 North Bergen, NJ— 4,525 8,856 — 4,525 8,856 13,381 1,071 20171967
900 Hart1 Piscataway, NJ— 3,202 3,866 1,356 3,202 5,222 8,424 1,345 20141983
901 North1 Elizabeth, NJ— 8,035 913 829 8,035 1,742 9,777 558 20162016
228 North Ave1 Elizabeth, NJ— 40,671 5,218 — 40,671 5,218 45,889 29 20211975
256 Patterson Plank1 Carlstadt, NJ— 9,478 1,284 1,585 9,478 2,870 12,348 73 20211960
Avenue A4 Carlstadt, NJ— 7,516 4,660 1,363 7,516 6,023 13,539 953 20171951/1957
Belleville1 Kearny, NJ— 12,845 18,041 1,808 12,845 19,849 32,694 5,103 20112006
Commerce1 Carlstadt, NJ— 1,656 1,544 128 1,656 1,672 3,328 155 20181969
Dell1 Carlstadt, NJ— 6,641 771 548 6,641 1,319 7,960 383 20111972
Ethel2 Piscataway, NJ— 2,748 3,801 1,684 2,748 5,485 8,233 1,582 20131981/1984
Interstate2 South Brunswick, NJ— 13,686 12,135 14,721 13,686 26,856 40,542 7,720 2010/20131999/2014
JFK Airgate4 Queens, NY— 18,282 32,933 5,536 18,282 38,469 56,751 10,807 20131986/1991
    
Initial Cost
to Company
Costs
Capitalized
Subsequent
to
Acquisition
Gross Amount Carried
at December 31, 2021
   
Property Name
No. of
Bldgs.
LocationEncumbrancesLand
Buildings &
Improvements
Land
Buildings &
Improvements
TotalAccumulated
Depreciation
Year
Acquired
Year
Constructed
Manor1 East Rutherford, NJ— 4,076 5,262 2,329 4,076 7,591 11,667 1,361 20151968
Middlebrook18 Bound Brook, NJ— 16,442 10,241 14,058 16,442 24,299 40,741 9,999 20101958/1976
Morgan2 Brooklyn, NY— 71,051 10,888 3,490 71,051 14,378 85,429 897 20191960/1980 & 1967
New Dutch1 Fairfield, NJ— 4,773 2,004 — 4,773 2,004 6,777 316 20171976
Paterson Plank1 Carlstadt, NJ— 4,127 455 761 4,127 1,216 5,343 172 20161998
Schoolhouse1 Somerset, NJ— 2,375 5,705 425 2,375 6,130 8,505 1,021 20162009
Stockton— Newark, NJ— 12,327 1,282 222 12,327 1,504 13,831 464 2017
Terminal Way2 Avenel, NJ— 3,537 3,598 1,329 3,537 4,927 8,464 843 20141950/1968
Whelan1 East Rutherford, NJ— 6,366 5,704 598 6,366 6,302 12,668 397 20192005
Wilson1 Newark, NJ— 2,016 484 813 2,016 1,297 3,313 387 20161970
Woodside1 Queens, NY— 23,987 3,796 3,972 23,987 7,768 31,755 1,000 20182018
San Francisco Bay Area
20th Street1 Oakland, CA— 18,092 6,730 1,467 18,092 8,197 26,289 651 20191970 & 2003
238/242 Lawrence2 South San Francisco, CA— 6,674 2,655 1,616 6,674 4,271 10,945 1,842 20101986
240 Littlefield1 South San Francisco, CA— 5,107 3,293 2,806 5,107 6,099 11,206 1,412 20132013
299 Lawrence1 South San Francisco, CA— 1,352 1,198 471 1,352 1,669 3,021 673 20101968
631 Brennan1 San Jose, CA— 1,932 2,245 948 1,932 3,193 5,125 926 20121975
Ahern2 Union City, CA— 3,246 2,749 1,366 3,246 4,115 7,361 1,514 20101986
Ahern II1 Union City, CA— 2,467 4,527 753 2,467 5,280 7,747 1,048 20151997
Burroughs3 San Leandro, CA— 5,400 7,092 1,408 5,400 8,500 13,900 1,954 20141966
Caribbean3 Sunnyvale, CA— 17,483 14,493 2,874 17,483 17,367 34,850 4,902 20121980/1981
Carlton Court1 South San Francisco, CA— 2,036 1,475 492 2,036 1,967 4,003 540 20121981
Clawiter1 Hayward, CA— 5,964 1,159 167 5,964 1,326 7,290 318 20111967
East Gish— San Jose, CA— 6,759 726 — 6,759 726 7,485 17 20211959
Edison3 San Leandro, CA— 14,797 2,806 603 14,797 3,409 18,205 80 20211975
Foley Street2 Hayward, CA— 5,023 3,281 475 5,023 3,756 8,778 38 20211976 & 1972
Hotchkiss1 Fremont, CA— 4,163 3,152 1,060 4,163 4,212 8,375 629 20171997
Hotchkiss II1 Fremont, CA— 3,042 3,081 355 3,042 3,436 6,478 325 20181997
Merced4 San Leandro, CA— 25,621 9,318 3,132 25,621 12,450 38,071 1,346 20181958
Michele1 South San Francisco, CA— 2,710 2,540 616 2,710 3,156 5,866 488 20161979
Minnesota and Tennessee2 San Francisco, CA— 34,738 13,141 1,403 34,738 14,544 49,282 935 20191963
Old Bayshore— San Jose, CA— 10,244 1,609 57 10,244 1,666 11,910 100 20201955
San Clemente1 Hayward, CA— 5,126 3,938 152 5,126 4,090 9,216 425 20181982
Starlite1 South San Francisco, CA— 3,738 144 1,691 3,738 1,835 5,573 30 20201966 & 1972
West 140th2 San Leandro, CA— 9,578 6,297 3,745 9,578 10,042 19,620 1,729 20161959
Whitney3 San Leandro, CA— 13,821 9,016 2,091 13,821 11,107 24,928 1,387 20181974
    
Initial Cost
to Company
Costs
Capitalized
Subsequent
to
Acquisition
Gross Amount Carried
at December 31, 2021
   
Property Name
No. of
Bldgs.
LocationEncumbrancesLand
Buildings &
Improvements
Land
Buildings &
Improvements
TotalAccumulated
Depreciation
Year
Acquired
Year
Constructed
Wicks1 San Leandro, CA— 2,224 298 32 2,224 330 2,554 38 20181976
Central Pacific Business Park I3 Union City, CA— 8,468 14,165 1,542 8,468 15,707 24,175 3,490 20141989
Central Pacific Business Park II4 Union City, CA13,642 23,658 5,718 13,642 29,376 43,018 7,354 20152015
Seattle
1st Ave1 Seattle, WA— 29,441 30,537 3,887 29,441 34,424 63,865 313 20181937 & 1967
6th Ave South1 Seattle, WA— 7,215 8,670 91 7,215 8,761 15,976 443 20201960
79 Ave South1 Kent, WA— 1,267 1,503 796 1,267 2,299 3,566 625 20142000
68th Kent2 Kent, WA— 7,465 2,263 19 7,465 2,282 9,746 44 20211976
84th Kent— Kent, WA— 4,552 136 313 4,552 449 5,001 49 20201963 & 2000
117th Place NE1 Kirkland, WA— 23,846 9,842 598 23,846 10,440 34,286 237 20211978
917 Valley1 Puyallup, WA— 2,203 4,551 351 2,203 4,902 7,105 268 20192006
3401 Lind1 Renton, WA— 2,999 6,707 1,451 2,999 8,158 11,157 1,453 20141984/2012
4225 2nd Avenue1 Seattle, WA— 4,236 4,049 2,258 4,236 6,307 10,543 1,218 20151957
4930 3rd Avenue South1 Seattle, WA— 3,984 2,424 831 3,984 3,255 7,239 654 20161964
12119 East Marginal— Tukwila, WA— 4,950 1,740 — 4,950 1,740 6,690 51 20201996
17600 West Valley Highway1 Tukwila, WA— 3,361 5,260 1,832 3,361 7,092 10,453 2,087 20121986
Auburn 4001 Auburn, WA— 4,415 5,234 316 4,415 5,550 9,965 397 20192000
Auburn 13071 Auburn, WA— 4,253 5,034 496 4,253 5,530 9,783 1,191 20142002
Dawson1 Seattle, WA— 3,902 278 331 3,902 609 4,511 166 20171964
Denver1 Seattle, WA— 3,203 1,345 489 3,203 1,834 5,037 487 20161953
East Valley1 Renton, WA— 2,693 2,959 123 2,693 3,082 5,775 285 20181991
East Marginal— Renton, WA— 2,618 380 114 2,618 494 3,112 59 20191991
Hudson1 Seattle, WA— 4,471 912 245 4,471 1,157 5,628 41 20202006
Kent 1881 Kent, WA— 3,251 4,719 1,299 3,251 6,018 9,269 2,140 20101979
Kent 1901 Kent, WA— 4,560 5,561 452 4,560 6,013 10,573 1,299 20151992/1999
Kent 1921 Kent, WA— 12,752 20,642 530 12,752 21,172 33,924 953 2020
Kent 2021 Kent, WA— 5,761 9,114 2,810 5,761 11,924 17,685 2,765 20151981
Kent 2161 Kent, WA— 3,672 5,408 967 3,672 6,375 10,047 1,531 20141996
Kent Corporate Park4 Kent, WA— 5,032 6,916 2,257 5,032 9,173 14,205 2,139 20151980/1981
Lucile1 Seattle, WA— 4,498 3,504 1,342 4,498 4,846 9,344 1,046 20171976
Lund1 Auburn, WA— 2,573 4,399 350 2,573 4,749 7,322 738 20161999
Occidental Avenue3 Seattle, WA— 12,550 3,300 592 12,550 3,892 16,442 61 20211988
Olympic1 Tukwila, WA— 1,499 1,431 555 1,499 1,986 3,485 677 20151978
MLK 9801— Seattle, WA— 14,388 1,360 — 14,208 1,360 15,568 20 2021
MLK 9845— Seattle, WA— 14,436 531 — 15,389 531 15,920 (2)2021
MLK 9600— Seattle, WA— 20,849 1,395 666 20,077 2,061 22,138 44 20211957
    
Initial Cost
to Company
Costs
Capitalized
Subsequent
to
Acquisition
Gross Amount Carried
at December 31, 2021
   
Property Name
No. of
Bldgs.
LocationEncumbrancesLand
Buildings &
Improvements
Land
Buildings &
Improvements
TotalAccumulated
Depreciation
Year
Acquired
Year
Constructed
SeaTac 8th Avenue1 Burien, WA— 2,501 4,020 1,912 2,501 5,932 8,433 1,596 20131988
SE 32nd Street1 Bellevue, WA— 9,059 2,081 364 9,059 2,445 11,504 77 20201982
SW 16th Street— Renton, WA— 6,251 2,001 — 6,251 2,001 8,252 30 20211962
SW 34th1 Renton, WA— 2,912 3,289 540 2,912 3,829 6,741 918 20141996/2010
Valley Corporate2 Kent, WA— 5,264 9,096 2,232 5,264 11,328 16,592 3,563 20111987
Woodinville1 Woodinville, WA— 12,490 12,244 — 12,490 12,244 24,734 66 20211996
Woodinville II2 Woodinville, WA— 20,941 12,949 — 20,941 12,949 33,890 14 20211999
Willows— Redmond, WA— 3,067 581 — 3,067 581 3,647 1 20211970
Miami
26th Street1 Miami, FL— 3,444 4,558 1,187 3,444 5,745 9,189 1,398 20121973
48th Avenue2 Miami Gardens, FL— 4,322 2,187 586 4,322 2,773 7,095 726 20111987
70th Avenue1 Miami, FL— 1,434 2,333 402 1,434 2,735 4,169 755 20111999
70th Avenue II1 Miami, FL— 2,152 3,418 858 2,152 4,276 6,428 717 20161969
70th Avenue III1 Miami, FL— 2,543 3,167 690 2,543 3,857 6,400 590 20161974
70th Avenue IV1 Miami, FL— 1,119 1,456 329 1,119 1,785 2,904 257 20171969
70th Avenue V1 Miami, FL— 5,036 3,419 2,230 5,036 5,649 10,685 501 20171974
74th Avenue1 Miami, FL— 2,327 3,538 646 2,327 4,184 6,511 701 20161986
78th Avenue1 Doral, FL— 2,445 1,755 2,911 2,445 4,666 7,111 1,473 20121977
81st Street2 Medley, FL— 2,938 5,242 1,315 2,938 6,557 9,495 1,560 20151996/2003
94th Avenue1 Doral, FL— 3,000 3,580 352 3,000 3,932 6,932 483 20171989
107th Avenue1 Medley, FL— 2,787 2,036 884 2,787 2,920 5,707 826 20132001
101st Road1 Medley, FL— 2,647 3,258 553 2,647 3,811 6,458 1,128 20132012
131st Street1 Medley, FL— 2,903 5,729 599 2,903 6,328 9,231 1,483 20141999
12950 SW South River1 Medley, FL— 1,971 4,029 804 1,971 4,833 6,804 750 20162000
Americas Gateway5 Doral, FL— 9,088 9,552 4,039 9,088 13,591 22,679 4,140 20131978/1982
Countyline #24 & #252 Hialeah, FL— 15,552 27,898 6,636 15,552 34,534 50,086 851 20212021 & 2021
Countyline #261 Hialeah, FL— 11,826 24,407 4,963 11,826 29,370 41,196 410 20212021
Countyline #27 & #282 Hialeah, FL— 18,595 49,052 1,050 18,595 50,102 68,697 53 20212021 & 2021
Miami International Trade Center4 Medley, FL— 5,063 10,958 2,468 5,063 13,426 18,489 2,491 20151996
Washington, D.C.
75th Ave5 Landover, MD— 10,658 18,615 5,280 10,658 23,895 34,553 5,119 20141987/1990
2920 V Street1 Washington, D.C.— 2,248 1,670 1,499 2,248 3,169 5,417 449 20171958
3601 Pennsy1 Landover, MD— 2,331 4,375 1,272 2,331 5,647 7,978 1,419 20131996
4230 Forbes1 Lanham, MD— 1,736 2,395 1,160 1,736 3,555 5,291 786 20132003
4501 46th Street— Bladensburg, MD— 9,576 1,984 — 9,576 1,984 11,560 2 20211955
Business Parkway1 Lanham, MD— 3,038 3,007 210 3,038 3,217 6,255 436 20162002
Eisenhower3 Alexandria, VA— 36,755 23,768 — 36,755 23,768 60,523 25 20211974
    
Initial Cost
to Company
Costs
Capitalized
Subsequent
to
Acquisition
Gross Amount Carried
at December 31, 2021
   
Property Name
No. of
Bldgs.
LocationEncumbrancesLand
Buildings &
Improvements
Land
Buildings &
Improvements
TotalAccumulated
Depreciation
Year
Acquired
Year
Constructed
Hampton Overlook3 Capitol Heights, MD— 4,602 7,521 1,139 4,602 8,660 13,262 1,332 20161989/1990
New Ridge— Hanover, MD— 5,689 1,567 443 5,689 2,010 7,699 320 2016
Pickett1 Alexandria, VA— 6,256 2,850 — 6,256 2,850 9,106 15 20211963
Tuxedo— Hyattsville, MD— 6,867 1,266 — 6,867 1,266 8,133 4 20211962
V Street6 Washington, D.C.— 67,132 41,299 14,594 67,132 55,893 123,025 12,563 20151955/1963
Subtotal253 — 1,556,952 952,818 257,773 1,556,952 1,210,591 2,767,543 203,090 
Unamortized net deferred financing costs
Intangible assets114,126 75,972 
Total253 $— $1,556,952 $952,818 $257,773 $1,556,952 $1,210,591 $2,881,669 $279,062 
Terreno Realty Corporation
Schedule III
Real Estate Investments and Accumulated Depreciation – (Continued)
As of December 31, 2021
(in thousands)
A summary of activity for real estate and accumulated depreciation for the years ended December 31, 2021 and 2020 is as follows:
 
2021
2020
Investment in Properties
Balance at beginning of year$2,231,228 $2,154,194 
Acquisition of properties681,970100,391 
Disposition of properties(30,934)(53,978)
Construction in progress14,7117,029 
Improvements, net of write-offs49,851 23,592 
Balance at end of year$2,946,826 $2,231,228 

 
2021
2020
Accumulated Depreciation
Balance at beginning of year$238,073 208,279
Amortization of lease intangible assets9,581 6,702
Depreciation expense39,498 37,020
Disposition of properties and write-offs(8,090)(13,928)
Balance at end of year$279,062 $238,073