Tower Investments is pleased to announce the purchase of the Westminster Neighborhood Shopping Center located at 8601 Sheridan Boulevard in Westminster, Colorado.  The 6.295-acre property includes one 71,367 sq.ft., multi-tenant building that is 100% leased to a mix of national tenants, including Chuze Fitness, Harbor Freight Tools and Guitar Center.  With 32 locations in 4 states, Chuze Fitness, founded in 2008, is a fast-growing, low-cost gym that offers numerous amenities and services while not sacrificing quality or customer service.  Harbor Freight Tools was founded in 1977, has 1,100 locations nationwide and employs 20,000 people.  Guitar Center was founded in 1959 and has 269 locations nationwide and employs 10,000 people.

The property is located just 20 minutes from Downtown Denver and is strategically located adjacent to the Denver Boulder Turnpike (Highway 36).

A Baltimore firm just cashed in on a Lower Broadway property, and its executives are hungry for more.

Continental Realty Corp. paid $36 million for the mixed-use building at 111 Broadway, which houses Rock Bottom Brewery and three office tenants, according to a statement. Since the building holds 50,303 square feet, that sale price is equal to around $715 per square foot.

Continental Realty previously bought a 320-unit apartment complex in Murfreesboro, but 111 Broadway marks its first investment in Nashville’s urban core. Lower Broadway assets rarely go on the market — 111 Broadway last sold in 2006 to California-based Tower Investments Inc. for $4.25 million. And Josh Dinstein, a senior vice president at Continental, is one of many investors who want to grow roots in the city's booming real estate market. He says his firm is actively looking for more properties here, pointing to its entertainment brand, along with recent company expansions, population growth and no state income tax, as major incentives.

Tower investments is pleased to announce the purchase of the Lopes Road Commercial Condominium Unit A, a 5,733 sq.ft. commercial condo unit located at 469 Lopes Road, Unit A, in Fairfield, California.  The unit is the endcap and largest unit in the 7-unit commercial condo building.  The unit is 100% leased to Interchange Athletics, Solano County’s premier fitness studio. The property is well positioned with freeway visibility and frontage along Interstate 680 and is just south of the busy interchange of Interstates 80 and 680. 

An agreement has been reached with a Woodland-based real estate development and investment company to purchase The Stockton Record’s East Market Street facility. 

The Record building itself, along with its highway access and visibility, makes it a good match for his company, said Matthew Marks, a senior vice president of Tower Investments. 

The 32-year-old company invests and manages a diverse, national real estate portfolio. It owns dozens of properties in California, including the Heartland Steel Manufacturing Facility in Lodi.