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Tower Investments Buys 63,458 SF 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 Its 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 Investments Buys 588,267 SF 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 SF 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 SF 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 SF 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 SF Granville Corners Shopping Center in Oxford, NC

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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