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Tower Investments Buys 71,367 SF Neighborhood Shopping Center in Westminster, CO


Westminster Neighborhood Shopping Center, Westminster, CO
By Press Release
July 23, 2021

Tower Investments is pleased to announce the purchase of the Westminster Neighborhood Shopping Center located at 8601 Sheridan Boulevard in Westminster, Colorado.  The 6.295-acre property includes one 71,367 sq.ft., multi-tenant building that is 100% leased to a mix of national tenants, including Chuze Fitness, Harbor Freight Tools and Guitar Center.  With 32 locations in 4 states, Chuze Fitness, founded in 2008, is a fast-growing, low-cost gym that offers numerous amenities and services while not sacrificing quality or customer service.  Harbor Freight Tools was founded in 1977, has 1,100 locations nationwide and employs 20,000 people.  Guitar Center was founded in 1959 and has 269 locations nationwide and employs 10,000 people.

The property is located just 20 minutes from Downtown Denver and is strategically located adjacent to the Denver Boulder Turnpike (Highway 36).

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Tower Investments Buys 37,799 SF Northgate Industrial Flex Bldg

By Press Release
July 9, 2021

Tower Investments is pleased to announce the purchase of the Northgate Industrial Flex Building located at 4125-4131 Northgate Boulevard in Sacramento, California.  The 2.77-acre property includes one 37,799 sq.ft. flex building that is 100% leased to Tak Communications, Inc.  Founded in 2004, and employing over 2,000 people, Tak Communications is a leading nationwide cable, broadband and telecommunications company that serves a population of 30 million across 24 states.

The property is located within the Northgate Industrial & Business Park industrial sub-market located just minutes from downtown Sacramento to the south and the Sacramento International Airport to the north.

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Tower Investments Buys 43,800 SF High Tech Flex Bldg in Dayton, OH

By Press Release
June 15, 2021

Tower Investments is pleased to announce the purchase of the 43,800 sq.ft., High Tech Flex Building located at 3500-3560 Park Center Drive, Dayton, Ohio near the intersection of Interstates 70 and 75 and just 13 minutes from Downtown Dayton.

The building is currently 100% leased to a mix of national and regional tenants who benefit from the property’s access to national and state highway systems and the Dayton Metro Area’s economic growth.  Tenants include Laird Plastics, Perry proTECH and Vinebrook Homes.  The City has worked to strategically reposition its economy to compete globally in the future with a diversified, knowledge-based economy.  The aerospace and aviation industries, healthcare and higher education have helped position Dayton to support the attraction and growth of high-tech business.  Aerospace and healthcare have an $11.1 billion annual economic impact on the Dayton area with growth in the Leisure/Hospitality and Education/Health Services area within the past year.

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Tower Investments Buys 29,918 SF Cordelia Commercial Condos in Fairfield, CA

By Press Release
May 25, 2021

Tower Investments is pleased to announce the purchase of the Cordelia Commercial Condominiums, a 29,918 sq.ft. commercial condominium complex comprised of 3 condo units located at 4731-4747 Central Way in Fairfield, California.  The property is well positioned with freeway visibility and frontage along the busy interchange of Interstates 80 and 680.  The property is 100% leased to a variety of local tenants serving Fairfield, Solano County and the San Francisco Bay Area.

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Baltimore firm pays $36 million for Lower Broadway building


The building at 111 Broadway, which houses Rock Bottom Brewery, sold for $36 million.
By Drew Hutchinson - Nashville Business Journal
May 13, 2021

A Baltimore firm just cashed in on a Lower Broadway property, and its executives are hungry for more.

Continental Realty Corp. paid $36 million for the mixed-use building at 111 Broadway, which houses Rock Bottom Brewery and three office tenants, according to a statement. Since the building holds 50,303 square feet, that sale price is equal to around $715 per square foot.

Continental Realty previously bought a 320-unit apartment complex in Murfreesboro, but 111 Broadway marks its first investment in Nashville’s urban core. Lower Broadway assets rarely go on the market — 111 Broadway last sold in 2006 to California-based Tower Investments Inc. for $4.25 million. And Josh Dinstein, a senior vice president at Continental, is one of many investors who want to grow roots in the city's booming real estate market. He says his firm is actively looking for more properties here, pointing to its entertainment brand, along with recent company expansions, population growth and no state income tax, as major incentives.


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Tower Investments Buys 5,733 SF Commercial Condo Unit in Fairfield, CA


The commercial condo unit located at 469 Lopes Road, Unit A, Fairfield, CA
By Press Release
April 2, 2021

Tower investments is pleased to announce the purchase of the Lopes Road Commercial Condominium Unit A, a 5,733 sq.ft. commercial condo unit located at 469 Lopes Road, Unit A, in Fairfield, California.  The unit is the endcap and largest unit in the 7-unit commercial condo building.  The unit is 100% leased to Interchange Athletics, Solano County’s premier fitness studio. The property is well positioned with freeway visibility and frontage along Interstate 680 and is just south of the busy interchange of Interstates 80 and 680. 

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Tower Investments Buys Fairfield Crossing Retail Center in Pensacola, FL

By Press Release
April 1, 2021

Tower Investments is pleased to announce the purchase of Fairfield Crossing, a 49,768 sq.ft. commercial center located at 4345 West Fairfield Ave., in Pensacola, Florida.  The property is well positioned at the southeast corner of Highway 90 (the legacy east-west corridor through Pensacola) and West Fairfield Ave within one of the densest trade areas in the Pensacola Market.  The property is located north of the Pensacola Naval Air Station.  Known as the Cradle of Naval Aviation, the Pensacola NAS has trained every naval aviator since the dawn of naval aviation.  The property is 100% leased to Office Depot, Ross Dress for Less and T-Mobile.

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Woodland-based investment company to buy Record's downtown Stockton facility


By Genette Brookshire - The Record
February 9, 2021

An agreement has been reached with a Woodland-based real estate development and investment company to purchase The Stockton Record’s East Market Street facility. 

The Record building itself, along with its highway access and visibility, makes it a good match for his company, said Matthew Marks, a senior vice president of Tower Investments. 

The 32-year-old company invests and manages a diverse, national real estate portfolio. It owns dozens of properties in California, including the Heartland Steel Manufacturing Facility in Lodi.


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Tower Investments buys 32,040 SF Caltronics flex building in Sacramento, CA

By Press Release
December 2, 2020

Tower Investments is pleased to announce the purchase of the Caltronics Building property located at 10491 Old Placerville Road in Sacramento, California.  The 2.93-acre property includes one 32,040 sq.ft. flex building that is 100% leased to Caltronics Business Systems.  Caltronics has been in business since 1975 and is the leading provider of advanced digital copiers, high-speed color printers and copiers, multifunctional devices and fax and scanning systems in the state.

The property is located within the Mather industrial sub-market located adjacent to the Mather Commerce Center and Mather Airport.  The former Mather Air Force Base, Mather Commerce Center and Mather Airport is one of the largest business parks in the Sacramento region and has been identified as one of the most successful base conversions in the country.

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Tower Investments buys 48,000 SF ABC Supply Co Bldg in Westfield, IN

By Press Release
November 5, 2020

Tower Investments is pleased to announce the purchase of the ABC Supply Co Building property located at 18090 Sun Park Drive in Westfield, Indiana.  The 2.28-acre property includes one 48,000 sq.ft. industrial building that is 100% leased to ABC Supply Company, Inc.  ABC is the leading wholesale provider of roofing, siding, windows and other select exterior building products in the United States with over 800 locations in 49 states and $11 billion in revenue in 2019.

The property is located directly adjacent to the U.S. 31 corridor, a 150-mile-long free-flow highway from Indianapolis to South Bend.  Westfield is 21 miles north of Indianapolis, the capital of the state of Indiana and is within a one-day drive of 50 percent of the U.S. population.

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