Press Releases

TruCore Investments Announces Second Successful Property Acquisition in Florida

TULSA, Okla., December 15, 2023 | Today, TruCore Investments’ announced the successful acquisition of a single-tenant Class B industrial facility in Clearwater, Florida, leased to FleetPride. TruCore Investments is a privately held real estate investment firm comprised of industry veterans who specialize in Class B Industrial assets. This is the group’s second Florida acquisition in the last two months.

“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.”

FleetPride is the nation’s largest distributor of truck and trailer parts and service in the independent heavy-duty aftermarket, and is headquartered in Irving, Tex. The company has expansive inventory of more than one million heavy duty truck and trailer parts, offering a wide selection and fast delivery to their sophisticated network of 300 locations across 46 states.

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, Pinellas County, Florida. The property has been occupied by FleetPride for 24 years.

Clearwater is centrally located in the growing Tampa Bay Region with easy access to top-rated universities and hospitals, two international airports within a 30-minute drive, and Port Tampa Bay, Florida’s largest and most cargo-diverse port. Clearwater is a growing business hub with established businesses in software, cybersecurity, emerging technologies, marine and life sciences, advanced manufacturing, and financial services, drawing talent from a well-educated and highly skilled labor force.