Opportunity, Investment, Development

News Room

Tower Investments buys 42,884 SF Harbor Club Retail Condominium In San Diego

Harbor Club Tower, home to the Harbor Club Retail Condominium which takes up the base of the iconic downtown San Diego building
By Press Release
March 21, 2019

Tower Investments is pleased to announce the purchase of the Harbor Club Retail Condominium, a  42,884 leasable sq.ft., three-story, multi-tenant retail condominium located at 285 J Street, 330 Third Avenue and 200 Harbor Drive in San Diego, California.  Strategically located at the base of the iconic Harbor Club Tower, San Diego’s first luxury high-rise, directly across from the San Diego Convention Center, one block from the Gaslamp Quarter and in the heart of the vibrant Marina Neighborhood.  Current tenants include Striders, ARCS (A Robert Cromeans Salon), San Diego Wine & Culinary Center, Morton’s Steakhouse and Luxe Lounge.

Please click here for more information about the property.

Read More

Tower Investments buys 41,575 SF Ashley Furniture HomeStore Bldg in Knoxville, TN

Ashley Furniture HomeStore building in The Shops at Turkey Creek, Knoxville, TN
By Press Release
March 21, 2019

Tower Investments is pleased to announce the purchase of the Ashely Furniture HomeStore building located at 11051 Turkey Drive in Knoxville, Tennessee.  Built in 2006 the building is located in The Shops at Turkey Creek, a dynamic development that functions as a “town center” for the region.  The building is 100% leased to Knoville Wholesale Furniture Company, Inc.  The building is easily accessible from I-40/I-75 and State Route 11 which runs parallel to the interstate via Parkside Drive.  The building enjoys excellent visibility from the interstate with 106,252 to 121,655 vehicles passing the building daily.

Please click here for more information about the property.

Read More

Tower Investments buys 26,774 SF Events Center Complex in Elk Grove, CA

Elk Grove Events Center located at 8280 & 8290 Elk Grove Blvd., Elk Grove, CA
By Press Release
February 27, 2019

Tower Investments is pleased to announce the purchase of The Elk Grove Events Center, a 4.55-acre campus style complex featuring twin 13,387 sq.ft. even center buildings.  Surrounded by beautiful landscaping with numerous outdoor courtyards with water features the property is located at 8280 & 8290 Elk Grove Boulevard in Elk Grove, California.  The property is just minutes from State Hwy 99 to the east and 4.75 miles east of Interstate 5, both main north-south arteries for California.  Please click here for more information about the property.

Read More

Wyndham Hotels becomes new tenant in Tower Investment's 111 Broadway building in Nashville

By Nashville Post-Staff Reports
January 25, 2019

The effort to bring timeshare units to the future Margaritaville Nashville Hotel under construction in SoBro has taken a step forward.

Specifically, space will be prepped in a Lower Broadway building for a Margaritaville Vacation Club by Wyndham sales center. Located at 111 Broadway, the building is home to Rock Bottom Restaurant and Brewery.

Read More

Tower Investments sells the historic Merchants Restaurant on Broadway in Nashville-for $12.6 million

A New York real estate investor paid $12.6 million for the building at 401 Broadway, home to Merchants restaurant.
By Adam Sichko-Nashville Business Journal
January 18, 2019

“Tower Investments sells the historic Merchants Restaurant on Broadway in Nashville - for $12.6 million”

 New Yorker buys building home to Goldberg restaurant

A real estate investor from New York now owns an historic building in downtown's Lower Broadway tourist district, home to a restaurant owned by influential brothers Benjamin and Max Goldberg.

An entity linked to Morris Weintraub Associates paid more than $12.6 million for the building at 401 Broadway, according to newly filed public records. The roughly 120-year-old building is home to Merchants, a restaurant from the Goldbergs and their Strategic Hospitality company that also is responsible for Pinewood Social, The Catbird Seat and other trendy establishments. The Goldbergs recently extended their lease through 2028, according to multiple real estate listings.

Read More

Tower Investments Sells 588,000 SF Industrial Warehouse in Jacksonville

By Alex Tostado-REBusiness Online
December 12, 2018

JACKSONVILLE, FLA. — Tower Investments has sold a 588,000-square-foot industrial warehouse in west Jacksonville for $15 million to IP Capital Partners. The warehouse is leased to Fanatics Inc. and Conlan Tire Co. The property is situated at 5245 Commonwealth Ave. on 28 acres. IP Capital Partners plans to reposition the property. Bryan Bartlett and John Richardson of Newmark Phoenix Realty Group represented the seller in the transaction.

Read More

Pine Island annexes land for residential development

By Brian Todd - Post Bulletin
October 17, 2018

PINE ISLAND — The Pine Island City Council approved the orderly annexation of 74.2 acres of land from the western portion of the Elk Run development Tuesday night.

City Administrator David Todd said Tower Investments, the owners of Elk Run, paid $27,000 to New Haven Township for lost taxes on the parcels, and the city added the land to its borders.

“Once the development plan is submitted, it will have to go through planning and zoning,” Todd said. Tower has 24 months to submit a development plan for the land, but the company is “moving rather quickly so they can start platting.”

Read More

Sale marks more progress at 'Stonehenge' in North Natomas

The California State Employees Association has bought the building at 2971 Benefit Way to serve as its new headquarters, in another sign of a rebirth for the unfinished office park mockingly called
By Ben van der Meer - Staff Writer, Sacramento Business Journal
October 8, 2018

North Natomas’ infamous unfinished office park won’t remain that way much longer.

After a recent sale of one completed building, the Woodland-based owners plan to finish another, even without a tenant in place.

Scott Bennett, a senior vice president with Colliers International Sacramento who’s representing those owners, said he’s confident a tenant will emerge.

“We’re just plowing ahead,” he said. “It’s easier to show a building when it’s shiny and new.”

Natomas Pointe Plaza, south of Del Paso Road and west of East Commerce Way, still has three 20,000-square-foot buildings and a single 30,000-square-foot building to complete.

Read More

Tower Investments buys 161,408 SF office/warehouse bldg in Indianapolis, IN

6402 Corporate Drive, a premiere office/warehouse distribution building in Indianapolis, IN
By Press Release
September 14, 2018

Tower Investments is pleased to announce the purchase of a 161,408 sq.ft, two-story office/warehouse distribution building located near Interstate 465 at 6402 Corporate Drive in Indianapolis, Indiana.  Located adjacent to Corporate Center North and Park 100, the primary business park that serves the northwest submarket and much of the city. 

The building is 96% leased to EnterMarket Corp., James H. Drew Corporation and Superior Construction.  Please click here for more information about the property.

Read More

Tower Investments Sells 2971 Benefit Way in Sacramento

2971 Benefit Way, Sacramento, as delivered to the Buyer
By Press Release
August 31, 2018

Tower Investments is pleased to announce the sale of 2971 Benefit Way in Sacramento, California.  Tower acquired the 6 partially constructed, concrete tilt-up building shells of the Natomas Pointe Plaza Office Park in January 2013.  In 2015 the building moratorium that had been implemented by the City of Sacramento in the Natomas area, pending completion of levee improvements, had been lifted. 

With the lifting of the moratorium active marketing of the property began.  Construction on 2971 Benefit Way began in February of 2018.  Construction was completed by SSW Construction Corp of Folsom, California, and the building was delivered in a cold shell configuration to the buyer on 8/31/18.

Read More

Pages »  1  2  3  4  5  6  7  8  9  | View Archives

Back To Top
Any property information listed is subject to change without notice.©2008 Tower Investments LLC All Rights Reserved.