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.

Tower Investments Buys 7,489 SF Dollar General Retail Building in Simpson, LA

Dollar General retail building in Simpson, Louisiana

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.

Tower Investments Buys 18,539 SF Professional Office Bldg in Riverside, CA

Gateway Professional Center located at 2720 Gateway Drive in Riverside, CA

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.

Tower Investments Buys 14,370 SF Fresenius Medical Office Bldg in Mesa, AZ

Fresenius Medical Center Dialysis at Meridian Plaza, Mesa, AZ

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 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 Dialysis.  Please click here for more information about the property.

Tower Investments Buys 63,458 SF Oceaneering Bldg near Johnson Space Center in Houston, TX

Oceaneering International, Inc., 16665 Space Center Blvd., Houston, TX

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.  

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

Tower Sells Its Restaurant Building in Sacramento

Casa Ramos Restaurant Building at 3511 N. Freeway Blvd., Sacramento