TruCore Investments, a real estate investment firm based in Tulsa, has recently acquired a single-tenant facility in Clearwater, Florida. The property is leased to FleetPride and marks the company’s second acquisition in Florida within the past two months. FleetPride is a leading distributor of truck and trailer parts and services with its headquarters located in Irving, Texas.
According to Zach Harris, Managing Director and Partner at TruCore Investments, this property holds great appeal for investors due to several factors. The company’s investment strategy aligns well with Florida’s current economic climate as there is high demand for Class B industrial assets that support the region’s diverse business landscape. TruCore Investments plans on expanding their portfolio by acquiring more properties based in Florida next year.
The recently acquired property consists of one metal building spanning 16,786 square feet on 1.35 acres situated along U.S Highway 19 within an industrial hub of Clearwater. This location has been occupied by FleetPride for over two decades now.
