Tulsa, OK – May 11, 2026 TruCore Industrial, a leading owner and operator of Class B industrial real estate, announced today the acquisition of a 71,552-square-foot, single-tenant net-leased industrial property occupied by HD Supply, a wholly owned subsidiary of The Home Depot, located in Peoria, Illinois.
The property is located just off North Allen Road and State Route 6, which carry approximately 20,600 and 24,900 vehicles per day, respectively. The site sits within a dense and established industrial corridor anchored by tenants such as Roto-Rooter, Advanced Technology Services, Trigo-SCSI, Brewers Distributing Co., Peoria Production Solutions, U-Haul, Ryder Truck Rental, Community Wholesale Tire, Keling Roofing Company, and others. Industrial vacancy in the Peoria MSA is below 5%, further underscoring the strength of local market fundamentals.
“HD Supply’s long operating history at this location, combined with the strength of its credit as a subsidiary of The Home Depot, made this a highly compelling acquisition,” said Zach Harris, Managing Partner of TruCore Industrial. “The property offers exceptional functionality in a strategic industrial corridor location, and we were able to acquire the asset at an attractive basis relative to replacement cost and comparable market pricing. This investment aligns with our strategy of acquiring well-located industrial assets leased to high-quality tenants, while maintaining long-term flexibility and value creation potential.”
HD Supply is a leading wholesale distributor of maintenance, repair, and operations (MRO) products in North America, serving multifamily, hospitality, healthcare, institutional, commercial, government, and education facilities. Founded in 1974 and acquired by The Home Depot in 1997, HD Supply operates more than 100 distribution centers across the U.S. and Canada and serves over 250,000 professional customers. The company was reacquired by The Home Depot in December 2020 for approximately $8 billion, following its prior public listing and the spin-off of its White Cap construction unit.
About TruCore Industrial
TruCore Industrial is a specialized real estate investment firm focused exclusively on Class B industrial properties across the top 150 U.S. metropolitan markets. With deep industry expertise and decades of collective experience, the firm identifies, acquires, and manages value-add industrial assets – including warehouse, distribution, manufacturing, and industrial outdoor storage properties – leveraging data-driven insight and strong broker and investor relationships to maximize risk-adjusted returns. TruCore’s disciplined investment approach and commitment to long-term value creation have established it as a trusted leader in the industrial real estate sector. For more information, visit www.trucoreindustrial.com.