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Terreno Realty adds distribution center in shell condition to growing DC-area portfolio

Firm pays $50 million for Hyattsville, Maryland, property
Terreno expects to complete interior finishes on 2300 Craftsman Circle in Hyattsville in early 2027. (CoStar)
Terreno expects to complete interior finishes on 2300 Craftsman Circle in Hyattsville in early 2027. (CoStar)
By Corey Edwards
CoStar Research
December 10, 2025 | 5:41 P.M.

A Seattle-area real estate firm that exclusively targets industrial properties in six coastal markets has snapped up its latest investment in the Washington, D.C., area.

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News | Terreno Realty adds distribution center in shell condition to growing DC-area portfolio