Terreno Realty Corporation (NYSE:TRNO) announced today the income tax treatment of its 2011 distributions to holders of its common stock.

For holders of Terreno Realty Corporation common stock, the 2011 dividend of $0.30 per share includes three quarterly distributions declared and paid in 2011. The dividend characteristics are as follows:

Terreno Realty Corporation Common Stock
CUSIP Number: 88146M101
Ticker Symbol: TRNO

Declaration Date

    

Record Date

    

Payable Date

    

Dividend
Per Share

    

2011 Ordinary
Taxable Income
Per Share

    

2011 Return of
Capital Per
Share

February 17, 2011

 

April 5, 2011

 

April 19, 2011

 

$

0.10

 

$

0.07

 

$

0.03

May 18, 2011

July 6, 2011

July 20, 2011

$

0.10

$

0.07

$

0.03

August 11, 2011

October 6, 2100

October 20, 2011

$

0.10

$

0.07

$

0.03

The $0.10 dividend that was declared on November 8, 2011 and paid on January 20, 2012 will be considered a distribution made in 2012 for U.S. federal income tax purposes.

About the Company

Terreno Realty Corporation is an acquirer, owner and operator of industrial real estate located in six major coastal U.S. markets: Los Angeles; Northern New Jersey/New York City; San Francisco Bay Area; Seattle; Miami; and Washington, D.C./Baltimore.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. We caution investors that forward-looking statements are based on management's beliefs and on assumptions made by, and information currently available to, management. When used, the words "anticipate", "believe", "estimate", "expect", "intend", "may", "might", "plan", "project", "result", "should", "will", and similar expressions which do not relate solely to historical matters are intended to identify forward-looking statements. These statements are subject to risks, uncertainties, and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control, including those risk factors contained in our Annual Report on Form 10-K for the year ended December 31, 2010 and our other public filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated, or projected. We expressly disclaim any responsibility to update our forward-looking statements, whether as a result of new information, future events, or otherwise.

For Terreno Realty Corporation
Blake Baird or Michael Coke, 415-655-4580