Chairman and CEO of Terreno Realty Corporation (NYSE:TRNO) W. Blake Baird bought 21,000 shares on July 17, 2013 at an average price of $18.25. The total transaction amount was $383,250.
Blake Baird co-founded Terreno Realty Corporation. Before, he was president and a director of AMB Property Corporation and a Chairman of its investor committee. Prior to joining AMB in 1999, Mr. Baird was managing director of Morgan Stanley & Co.
Also, Baird bought 60,000 shares of TRNO stock on Feb. 22, 2013. CFO Jaime Jackson Cannon bought 1,000 shares of TRNO stock on July 17, 2013. Other officers and directors also bought shares.
Third Avenue Management reduced its position in Terreno Realty Corporation. As of March 31, 2013, it owns 180,190 shares.
In the quarter that ended on March 30, 2013, Terreno Realty Corporation reported total revenues of $10.5 million and net income from continuing operations of $794,000.
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