Terreno Realty Corporation TRNO is on an acquisition spree and recently announced shelling out $17.9 million for the buyout of an industrial property in Carlstadt, NJ. The latest buyout in Carlstadt comes after the company’s recent purchase of an industrial property in Hayward, CA for $8.3 million.The Carlstadt property comprises a 4.9-acre improved land parcel at 245 Paterson Plank Road. It is next to the company’s Michele Place property and American Dream, the MetLife Sports Complex and Exit 16W of the New Jersey Turnpike, indicating an advantageous location and positioning it well to lure tenants. Currently, the property is vacant and its estimated stabilized cap rate is 4.5%.The property in Hayward that the company recently purchased comprises two industrial distribution buildings containing roughly 41,000 square feet on 2.0 acres. With an advantageous location at 23482-23520 Foley Street, northwest of the intersection of I-880 and CA 92, the distribution buildings are anticipated to see solid demand and hence, the buyout seems a strategic fit. The estimated stabilized cap rate of the property is 4.9%.The industrial real estate market is witnessing solid fundamentals as demand for the logistics infrastructure and efficient distribution networks has been shooting up amid an e-commerce boom, growth in industries and companies making efforts to improve supply-chain efficiencies. In addition to the fast adoption of e-commerce, the logistics real estate is anticipated to benefit from a likely increase in inventory levels post the global health crisis, offering scope to industrial landlords, including Terreno Realty, Duke Realty DRE, Prologis PLD and Rexford Industrial Realty, Inc. REXR, among others, to enjoy a favorable market environment.Amid this favorable environment, Terreno Realty is focused on expanding its portfolio on opportunistic acquisitions. It targets functional assets at in-fill locations, which enjoy high-population densities and are located near high-volume distribution points.In addition to the above-mentioned acquisitions, the company has also acquired an industrial property recently in Orange, CA, for $9.3 million. Backed by such efforts, the company is well poised to enhance its portfolio in the six major coastal U.S. markets — Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami and Washington, DC — which display solid demographic trends and witness healthy demand for industrial real estates.In the past three months, shares of the company have gained 4.5% compared with its industry's rally of 4.6%.Image Source: Zacks Investment ResearchHowever, with the asset category being attractive in these challenging times, there is a development boom in a number of markets. This high supply is likely to intensify competition and curb pricing power.Terreno Realty currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Prologis, Inc. (PLD): Free Stock Analysis Report Duke Realty Corporation (DRE): Free Stock Analysis Report Terreno Realty Corporation (TRNO): Free Stock Analysis Report Rexford Industrial Realty, Inc. (REXR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research