Press Releases

TruCore Investments Announces Successful Property Acquisition in Leading Industrial Park

TULSA, Okla., November 21, 2023 | In a strategic move that underscores TruCore Investments’ mission to redefine investment opportunities in commercial real estate with lucrative Class B Industrial ventures, the group announced the successful acquisition of a Class B industrial manufacturing and outdoor storage property in one of Florida’s top industrial parks, Ellyson Industrial Park, earlier this month. This addition marks another significant step in the team’s aggressive expansion of their portfolio, having acquired more than $130 Million in Class B industrial real estate during the last 24 months.

Jupiter Bach facility in Ellyson Industrial Park, Pensacola

“This acquisition in Pensacola is aligned with our bespoke investment strategy in the Class B Industrial sector,” said Zach Harris, TruCore Investments Managing Director and Partner. “Our niche approach to investing in only Class B industrial properties allows us to identify assets with substantial return potential for our investors. We look forward to continuing to grow our portfolio in 2024.”
Zach Harris

The sole tenant of the property is Jupiter Bach, a global leader in component production for the wind turbine industry, the world’s number one manufacturer of nacelle and spinner covers for both off- and on-shore turbines, and the leading supplier of nacelle covers to General Electric’s Onshore Wind Division.

Spanning two buildings located at 3301 & 3329 Bill Metzger Lane in Pensacola, the buildings comprise 77,845 sq. ft. on 8.1 acres and feature a rare combination of heavy power and an outside storage yard. The property has been occupied by Jupiter Bach for more than 15 years and serves as their North American headquarters.

Pensacola is Florida’s largest region along the Gulf Coast and was recently ranked amongst Forbes Top
100 Cities for Job Growth.