TULSA, Okla. — June 16, 2025 — TruCore Industrial, formerly TruCore Investments, today announced the acquisition of a value-add industrial portfolio, comprising three Class B industrial properties. The properties are located within the Ellyson Industrial Park, the premier infill industrial park in Pensacola, and was sourced off-market through a broker relationship. The acquisition represents a key milestone in TruCore’s growth strategy, strengthening its presence in high-demand industrial markets across the Southeast.
The 118,353-square-foot portfolio spans 10 acres and is currently leased to three national tenants, including 1-800-Pack-Rat, DHL, and Hy-Lite.
“We are excited about the long-term potential of this portfolio and the strong fundamentals of the Pensacola industrial market,” said Zach Harris, Partner and Managing Director of TruCore Industrial. “With very low vacancy and virtually no new supply, this acquisition offers compelling value.”
The portfolio is strategically located in the Florida Panhandle’s economic hub, which is fully stabilized with very little remaining land available for new development. Pensacola delivers accessibility for tenants’ supply chain routes via Interstate 10 and is bolstered by a $7.8 billion military-driven economy. The region is home to more than 500 companies and supported by a growing, educated workforce.
The site includes extra acreage, providing flexibility for future expansion or use as industrial outdoor storage (IOS). The Pensacola industrial market is very strong, with a vacancy rate of just 1.6%, highlighting the high demand and limited supply in the region.
About TruCore Industrial
TruCore Industrial is the trusted leader in Class B industrial investment, specializing in identifying and acquiring value-add properties in the Class B industrial real estate sector, including distribution, manufacturing, and industrial outdoor storage assets in the top 150 U.S. metropolitan areas. Leveraging the extensive experience and networks of its founders, former Stan Johnson Co. executives, TruCore Industrial is uniquely positioned to create maximal value in the Class B Industrial market segment. For more information, visit www.TruCoreIndustrial.com.
Media Contact:
Lauren Snedden
Marketing Director, TruCore Investments
LSnedden@trucoreindustrial.com
312.316.1420