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Tower Investments buys 7,489 sq.ft. Dollar General Retail Building in Simpson, LA


Dollar General retail building in Simpson, Louisiana
By Pres Release
April 14, 2017

Tower Investments is pleased to announce the purchase of the Dollar General building, a 7,489 sq.ft., single-story, single-tenant retail building located near the intersection of Louisiana Highway 465 and Louisiana Highway 8, both major thoroughfares.  The building is 100% occupied by Dollar General.  The building is of new construction having been built in 2016.  It is located in the Fort Polk MSA and is approximately 20 miles north of Fort Polk, a US Army installation of approximately 198,000 acres.  Please click here for more information on the property.


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Tower Investments buys 18,539 sq.ft. Professional Office Bldg in Riverside, CA


Gateway Professional Center located at 2720 Gateway Drive in Riverside, CA
By Press Release
March 15, 2017

Tower Investments in pleased to announce the purchase of Gateway Professional Center, an 18,539 sq.ft. two-story office building located near the intersection of Interstate 215 and Highway 60 at 2720 Gateway Drive in Riverside, California.  The professional office building sits in a highly visible location within the Canyon Crossings Shopping Center and is located within walking distance to numerous amenities. Currently built-out as professional office space, the building is ideally suited for medical service uses.  Please click here for more information about the property.


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Tower Hosts Womens Veterans Photo Shoot at Natomas Pointe Plaza

By Press Release
March 2, 2017

Tower Investments was pleased to host James R. Morrison Photography at its Natomas Pointe Plaza property in Sacramento for a photo shoot related to the She Also Served Project that recognizes women veterans, their service to our country and the contributions they make to our communities.  The photo shoot today was for Danielle Marshall, a US Air Force veteran...


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Tower Investments buys 14,370 sq.ft. Retail/Office Bldg in Apache Junction (Mesa), AZ


Fresenius Medical Center, Apache Junction Dialysis at Meridian Plaza
By Press Release
February 13, 2017

Tower Investments is pleased to announce the purchase of Meridian Plaza, a 14,370 sq.ft., single-story retail/office building located at 11540 East University Drive, at the northeast corner of the intersection of East University Drive and North Meridian Road in Apache Junction (Mesa), Arizona.  Located at a busy intersection that experiences an average of 20,208 vehicles per day, the property is currently 81% leased to Fresenius Medical center, Apache Junction Dialysis.  Please click here for more information about the property.


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Tower Investments buys 63,458 sq.ft. Oceaneering Bldg near Johnson Space Center in Houston, TX


Oceaneering International, Inc., 16665 Space Center Blvd., Houston, TX
By Press Release
December 22, 2016

PLEASE CLICK HERE FOR MORE INFORMATION ABOUT THE PROPERTY.  Tower Investments is pleased to announce the purchase of the Oceaneering Building, a 63,458 sq.ft., two-story Class B office building located near Interstate 45 at 16665 Space Center Boulevard in Houston, Texas.  Located in the heart of the NASA/Clear Lake submarket with close proximity to both Galveston and Downtown Houston, the property’s unique location offers accessibility to Johnson Space Center, University of Houston-Clear Lake, Clear Lake Regional Medical Center and the country’s highest concentration of energy-related companies’ expertise, resources and technologies.  The building is currently 100% leased to Oceaneering International, Inc.  This location serves their specialty Oceaneering Space Systems, which concentrates on developing, integrating and applying both new and established technologies to the challenges of operations in space and other harsh environments.  


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New Hospital Construction Benefits Tower's Tehachapi Capital Hills Lots


Sharlet Briggs, interim president and CEO of San Joaquin Community Hospital, does the honors at the ribbon-cutting ceremony marking the day Adventist Health took over daily operations of the TVHD fac
By Jill Barnes Nelson - Tehachapi News
November 3, 2016

"Ribbon-cutting represents new beginnings for hospital district"

The Tehachapi Hospital is now Adventist Health Tehachapi Valley.

As of Nov. 1, Adventist Health officially took over the operations of the Tehachapi Valley Healthcare District facilities with a big ribbon-cutting ceremony in front of the old hospital. Adventist Health also will be in charge of the day-to-day operations of the new hospital once it's complete, along with clinics in Mojave and California City.

“This is an amazing, wonderful day for Tehachapi,” Mayor Susan Wiggins said. “Our town will have a state-of-the-art hospital with the partnership of Adventist Health.”


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Tower Sells It's Restaurant Building in Sacramento


Casa Ramos Restaurant Building at 3511 N. Freeway Blvd., Sacramento
By Press Release
October 28, 2016

Tower Investments is pleased to announce the sale of its restaurant building located at 3511 North Freeway Blvd., Sacramento, CA.  Tower purchased the building December 4, 2014, from LeDuff America, Inc, the parent company of Mimi’s Café which had been occupying the building.  Tower’s team negotiated the lease of the building to Casa Ramos, a family-owned chain of Mexican Restaurants.  Casa Ramos occupies 100% of the building.  Tower sale of the building closed on October 28, 2016.


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Tower buys 15 acres to add to its former GM plant

By Dan McGowan - Inside Indiana Business
July 27, 2016

Industrial Park Owner Adds Former GM Lot

ANDERSON - The owners of Raceway Industrial Park in Anderson have acquired a nearby property from the RACER Trust. The nearly 15-acre tract previously served as parking for the old General Motors facilities. Tower Anderson LLC says the property will be used to expand the park's parking and storage capacity.

The affiliate of California-based Tower Investments LLC acquired the former GM Plant #9 around 10 years ago and transformed it into the Raceway Industrial Park, which currently houses tenants such as outdoor furnishings supplier US Leisure, as well as EMT Logistics and Tractor Supply Co. The new property will be used for more tractor trailer and outdoor storage purposes.


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Tower's tenant, retail-giant Fanatics, makes news with new Bay Area HQ

By Aaron Kinney - The Mercury News
July 27, 2016

"Fanatics, online sports retail giant, sets up shop at Bay Meadows"

SAN MATEO -- As Bay Area sports fans enjoy a glorious renaissance fueled by the Giants and Warriors, a company that converts that passion into e-commerce gold has planted its corporate flag in the heart of the Peninsula.

Fanatics, a global leader in online sports merchandise, opened a new West Coast headquarters this month in San Mateo, reflecting the importance of Silicon Valley's talent pool to the company's growth in the realm of mobile technology. The move tucks another feather in the cap of the city's Bay Meadows development, a sprawling two-stage project on the site of a former horse-racing track.


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Tower Investments buys 588,267 sq.ft. Warehouse/Distribution Bldg in Jacksonville, FL

By John Nelson - RE Business Online
July 11, 2016

JACKSONVILLE, FLA. - Newmark Grubb Phoenix Realty Group has brokered the $10.5 million sale of a 588,000-square-foot manufacturing and warehouse facility located at 5245 Commonwelath Ave. in Jacksonville.


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