Terreno Realty Corp. reported director Peter Merlone will not be standing for re-election and will retire following the company's annual general meeting May 1, 2018. The company nominated Gabriela Parcella for election at the board during the meeting. Parcella, who has served as chairman, president and CEO of Mellon Capital, is expected to join Terreno's audit, compensation, and nominating and corporate governance committees, following the election.