BIG NEWS! 📰 The JH Berry, CRE industrial team (Jake Bottcher, Edwin Moss, Sonny Potter) had the pleasure of representing TruCore Investments in the off-market acquisition of one of Birmingham’s most iconic multi-tenant light-industrial warehouses! The 96,000 SF Bermco building has been a staple of Birmingham’s industrial real estate market since 1979, and for the first time since its completion is in new ownership. TruCore bought this property from the original ownership family, and has exciting plans for full interior and exterior upgrades, which are set to begin immediately. Our team enjoyed working with TruCore on the acquisition, and now look forward to assisting in the leasing of +/- 60,000 SF of light industrial space in the coming months! hashtag#TruCore hashtag#RealEstate hashtag#Investments
TruCore Investments is a real estate investment company based out Tulsa, OK, focusing on Class B industrial assets in the top 150 US metros. TruCore has done 60+ real estate investments in the last 5+ years, and over the past 36 months alone, acquired in excess of $140mm in transaction volume. They are in a league of their own and were a pleasure to work with. We congratulate them on a great addition to their growing portfolio!
Chip Watts, CPM, CCIM of Watts Realty Company, Inc. did a excellent job representing the Seller in this transaction. He has been involved with this property since its construction and was instrumental in helping get this across the finish line. As a bonus, he was a pleasure to work with. Well done and thank you Chip.