Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
TruCore Investments Acquires Second Industrial Property in Florida
TruCore Investments, a Tulsa-based real estate investment firm specializing in Class B Industrial assets, has acquired a single-tenant facility in Clearwater, Florida, leased to FleetPride. This is the group’s second Florida acquisition in the last two months. FleetPride is a large distributor of truck and trailer parts and services headquartered in Irving, Texas.
“This property is very attractive to our investors for many reasons,” said Zach Harris, TruCore Investments Managing Director and Partner. “Our investment strategy is harmonious with Florida’s economic environment right now. Class B industrial demand is high and supports much of the region’s diversified business climate. We look forward to adding more Florida-based properties to our portfolio next year.”
The property consists of one metal building totaling 16,786 square feet on 1.35 acres in a dense industrial corridor off U.S. Highway 19 in Clearwater, Florida. The property has been occupied by FleetPride for 24 years.
