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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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Tower Investments buys 90,528 sq.ft. 2-Bldg Office Center in Birmingham, AL


Grand Twin Towers Office Center, Birmingham, Alabama
By Press Release
June 9, 2016

Tower Investments is pleased to announce the purchase of Grand Twin Towers Office Center, a 90,528 sq.ft., two 5-story office building complex located near Interstate 65 at 234 & 236 Goodwin Crest Dr.  Birmingham, Alabama.  Located in the Oxmoor submarket of Birmingham, the  property has consistently been the top performing office asset in the submarket.  The two buildings of 45,773 sq.ft.  and 44,775 sq.ft. are currently 100% leased to the US Government DHS/ICE, the Alabama Department of Rehabilitation Services and Bryant Bank.  Please click here for more information about the property.


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Tower Investments buys 27,122 sq.ft. Office Bldg in Sacramento, CA

By Press Release
May 9, 2016

Tower Investments is pleased to announce the purchase of a 27,122 sq.ft. high-quality office building located at 2277 Watt Avenue in Sacramento, California.  The building has excellent frontage along Watt Avenue which provides direct access to Interstate 80 to the north and Highway 50 to the south.  Located in the Arden-Arcade area of the city, the bottom floor of the building is currently leased to BBVA Compass Bank.  Please click here for more information about the property.


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Tower investments buys 72,373 sq.ft. Cold Storage/Distribution Bldg in Jacksonville, FL


Caribbean Shipping and Cold Storage building located at 1505 Dennis St. in Jacksinville, FL
By Press Release
May 4, 2016

Tower Investments is pleased to announce the purchase of a 72,373 sq.ft. cold storage and distribution facility located at 1505 Dennis Street in Jacksonville, Florida.  The building is strategically located at the intersection of Interstates 10 and 95 and has easy access to JAXPORT, the city’s major shipping port.  Please click here for more information about the property.


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Tower Investments buys 57,600 SF, top-tier Office Bldg in South Atlanta


By Press Release
December 2, 2015

Tower Investments in pleased to announce the purchase of aljyad.com Southlake Corporate Center, a 57,600 sq.ft. three-story office building located along Interstate 75 at 3000 Corporate Center Drive in Morrow, Georgia.  Widely viewed as a best-in-class office building in South Atlanta, the property provides ease of access to many of the area’s amenities, including Southlake Mall and Hartsfield-Jackson International Airport.  Since its construction in 1989, Southlake continues to be the top choice for local tenants.  The building recently underwent a lobby renovation and has very attractive existing suites that are well suited for the local tenancy.  As a top-tier asset in South Atlanta, Southlake Corporate Center is home to many of the area’s most active tenants including Strayer University and the Atlanta Regional Commission, whom together occupy 47% of the building.  Please click here for more information about the property.


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Tower Investments buys 139,424 sq.ft. Retail Center


Peebles department store at the Granville Corners Shopping Center
By Press Release
August 14, 2015

On August 14, 2015, Tower Investments purchased the Granville Corners Shopping Center, a well-established 139,424 square foot grocery-anchored retail center located in Oxford, North Carolina.  The Center is anchored by variety wholesale store Roses, department store Peebles and a Just Save grocery store.  Additional tenants include both national and local companies.  Please click here for more information about the property.


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2015 Field of Dreams' Kid's Fishing Day


By Press Release
June 2, 2015

Colusa, California – The Field of Dreams’ (“FOD”) Kid’s Fishing Day is like a favorite song.  We all love to see and hear it play.  Forty two disadvantaged children fishing on a reservoir and enjoying a relaxing weekend of western outdoor fun is my favorite song.

This 10th-annual event started on Friday, May 15th with a dinner banquet at Granzella’s in Williams, CA.  A great feast was had and fishing gear was provided for all the children.  There was a special kids-only drawing for a beautiful standard poodle service dog.  Noah Donaghe won the drawing and was thrilled.  But a little girl, Angela Cortez was crying because she wanted to win and once the breeder Karen Marks heard that, a second dog was found!

Families spent Friday night at Granzella’s Inn.  The next morning after a delicious Granzella’s breakfast, with fishing rods ready, families travelled to fish on a reservoir at a family-owned cattle ranch in Stonyford, CA.  It was the perfect spot for this quick get-a-way event.


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Tower Investments buys 73,742 sq.ft. Office Complex in Indianapolis


Fortune Park Business Center
By Press Release
April 28, 2015

On April 28, 2015 Tower Investments purchased a three-building office complex in the Fortune Park Business Center located at 8755 and 8765 Guion Road and 3939 Vincennes Road in Indianapolis, Indiana.  The 73,742 square feet complex is comprised of one 35,000 sq.ft. two-story Office Building and two single-story Flex Buildings of 20,372 sq.ft. and 18,370 sq.ft.  The major tenant is the United States Postal Service.  Please click here for more information about the property.


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