Tower Investments Buys 15,075 SF ALDI Supermarket property in Chicago, IL

ALDI supermarket located at 10532 S Indianapolis Ave, Chicago, IL

Tower Investments is pleased to announce the purchase of the 1.40-acre site that is home to a 15,075 sq.ft. ALDI supermarket building located at 10532 South Indianapolis Avenue in Chicago, Illinois.  The property benefits from its strategic location, access and visibility on a hard corner at the signalized intersection of South Indianapolis Avenue and East 106^th Street, adjacent to Interstate 90 and 15 miles south of Downtown Chicago. 

The building is 100% leased to ALDI, a leader in the international grocery retailing industry, serving Europe, Australia and the U.S. with more than 9,200 stores worldwide.  ALDI is the 5^th largest private global company with an estimated revenue of $60 billion.

Please click here for more information about the property.

Tower Investments Buys Sierra Health Foundations 33,905 SF Nonprofit Innovation Center Bldg

1331 Garden Highway, Sacramento, CA, office bldg

Tower Investments is pleased to announce the purchase of Sierra Health Foundation’s Nonprofit Innovation Center, a 33,905 sq.ft., three-story, multi-tenant office building located near Interstate 5 at 1331 Garden Highway, in Sacramento, California.  The building is situated on the banks of the Sacramento River and offers tenants attractive views of the Downtown Sacramento skyline. 

Located in the Natomas submarket of Sacramento, the building is just minutes from Downtown and the Sacramento International Airport.  The building is currently 73% leased to such tenants as H.T. Harvey & Associates, Coalition for Compassionate Care, Pacific Crest Trails Association, Sacramento Steps Forward and Ontrack Program Resources. 

Please click here for more information about the property.

Tower Investments Buys 19,129 SF Premier Office Bldg in La Jolla, CA

800 Silverado St., La Jolla, CA office bldg

Tower Investments is pleased to announce the purchase of 800 Silverado Street in La Jolla, California, a 19,129 sq.ft., premier multi-tenant office building.  Located in the upscale La Jolla submarket of San Diego, the building is located in the heart of downtown La Jolla’s restaurant and shopping district and is just minutes from the coast to the west and Interstate 5 to the east.  The building is currently 100% leased to such tenants as City National Bank, Blanchard Krasner & French and Monterrey Financial Advisors, LLC.

 Please click here for more information about the property.

Tower Investments Buys 50,000 SF office building leased to State of Georgia agencies

Office Building located at 2910 Miller Road, Decatur, GA

Tower Investments is pleased to announce the purchase of a two-story 50,000 sq.ft., multi-tenant office building located near Interstate 20 at 2910 Miller Road in Decatur, Georgia. 

Located just minutes from I-20, the main east-west artery through the Decatur/DeKalb corridor, the property is just 13 miles east-southeast of the Atlanta Central Business District.  The building is currently 100% leased to several State of Georgia government agencies: State Properties Commission, Department of Human Services-Division of Family and Children Services and the Department of Community Supervision. 

Please click here for more information about the property.

Tower Investments Buys 87,730 SF El Dorado Stone Distribution Facility in Perris, CA

El Dorado Stone's Perris, CA, Distribution Facility

Tower Investments is pleased to announce the purchase of El Dorado Stone's 87,730 sq.ft. distribution facility located on 14.53 acres at 24100 Orange Avenue in Perris, California.  Conveniently located just north of the Harvill Avenue/Interstate 215 interchange.  I-215 serves as a major north-south thoroughfare through Southern California's Inland Empire.  The property is 100% leased to El Dorado Stone, the leading manufacturer of architectural stone veneer.  Much of the 14.53 acres is concrete pad that is used for outside stoarge of thousands of pallets of stone veneer prodcuts that are shipped to distributors all over the USA.  El Dorado Stone was just voted the Best Manufactured Stone & Brick Veneer brand among builders and contractors.  Please click here for more information about the property.

Tower Investments Sells 411 Broadway for $27 million

Broadway building sells for head-spinning price, in deal chock full of A-listers

A group involving legacy Nashville developer The Mathews Co. and a sports personality paid $27 million for a downtown building home to a honky-tonk run by a high-profile duo.

Tower Investments Acquires 6th Property in Central Indiana

Colliers International has secured the sale of Corporate Center North Buildings four and six, a 101,727-square-foot industrial building located in Indianapolis’ Northwest submarket. Head of Investment Sales Alex Cantu secured the sale of the property on behalf of Building 4 LLC and Building 6 LLC. California-based firm, Tower Investments acquired the asset.

Tower Investments Buys 101,727 SF Office Portfolio in Indianapolis, IN

Tower Investments is pleased to announce the purchase of Corporate Center North, Buildings 4 and 6, a 101,727 sq.ft, two 1-story office building portfolio located near Interstate 465 at 6026-6036 and 5915-5935 Lakeside Blvd. in Indianapolis, Indiana.  Located in Corporate Center North and adjacent to Park 100, the primary business park that serves the northwest submarket and much of the city.  The buildings are 100% leased to Stericycle, Inc., Central Indiana Educational Service Center, First Group Engineering, Inc. and Metals & Additives Corporation, Inc. 

Stericycle (NASDAQ: SRCL) is one of the strongest tenants in the market with a 2015 gross profit of $1.26B on $2.99B in revenue and a market cap of $6.6B.  The buildings have convenient and direct access to downtown Indianapolis via Interstate 465.  Pease click here for more information about the property.

Tower Investments Buys 97,459 SF Class-A Office Bldg in Phoenix, AZ

Black Canyon Center Office Building in Phoenix, AZ

Tower Investments is pleased to announce the purchase of Black Canyon Center, a Class-A, 97,459 sq.ft., three-story, multi-tenant office building located near Interstate 17 at 10835 North 25^th Avenue, in Phoenix, Arizona.  Located in the Black Canyon Corridor of Phoenix, the area is anchored by Metrocenter Super Regional Mall, which has been experiencing an influx of new national and local retailers.  The building is currently 89% leased to such tenants as Robert Half International, Stay Listed, Blue Cross/Blue Shield of Arizona, Medical Diagnostic Imaging Group and USA Digital Solutions, Inc.  Please click here for more information about the property.

Tower Investments Buys 9,026 SF Dollar General Retail Building in Pitkin, LA

Pitkin, LA, Dollar General retail building

Tower Investments is pleased to announce the purchase of the Pitkin Dollar General building, a 9,026 sq.ft., single-story, single-tenant retail building located along Louisiana Highway 10, a major thoroughfare through the area.  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 15 miles south of Fort Polk, a US Army installation of approximately 198,000 acres.  Please click here for more information about the property.