Acquisition StrategyTRNO's acquisition pipeline sits at $1B and management is more constructive on its acquisition opportunity set as we move through the year.
Financial PerformanceEarnings grew 9% over the prior year, despite leverage resting considerably below customary levels, as the company continues to benefit from strong market trends and upside from its deployment strategy.
Market PositionThe company's assets are located in prime coastal transportation-oriented markets, which are expected to experience better pricing, lower vacancy rates, and higher rental growth rates.