Ellyson Industrial Park is the redevelopment of a U.S. Navy set up. Picture courtesy of CommercialEdge
TruCore Investments has acquired Ellyson Industrial Park, a two-building, 77,845-square-foot campus in Pensacola, Fla. CommercialEdge knowledge exhibits the earlier proprietor was Werner Co., which had acquired the property in 1997 for $1.2 million.
Accomplished in 1990, the 8.1-acre Class B asset is a mix of heavy industrial and out of doors storage yard. The campus options 28-foot clear heights, 16 dock-high loading doorways and three drive-in doorways. Jupiter Bach, a producer of wind turbine elements, has been the property’s sole tenant for greater than 15 years.
Situated at 3301 and 3329 Invoice Metzger Lane, Ellyson Industrial Park is roughly 6 miles from Pensacola Worldwide Airport and 15 miles from Port of Pensacola. The placement supplies direct entry to U.S. Route 90, whereas interstates 10 and 110 are roughly 6 miles away.
Within the final 24 months, TruCore has acquired greater than $130 million in Class B industrial amenities, specializing in value-add properties. One of many purchases concerned a Damaged Arrow, Okla., asset that modified palms for $8.8 million, in line with CommercialEdge knowledge.
