NEWS
SPOTLIGHT ON: 370,114 SQFT Nut Tree Retail Center in Vacaville Sells for $124.5MM
Vacaville, Calif. – April 21, 2022 – CBRE announced the sale of Nut Tree, a 370,114- square-foot Best Buy, T.J. Maxx, Nordstrom Rack-anchored regional center located in Vacaville, Calif., to Northern Calif.-based investor Tower Investments for $124.5 million ($336 per square foot).
TOWER INVESTMENTS BUYS CALIBER COLLISION BUILDING IN SAVAGE, MINNESOTA
Tower Investments is pleased to announce the purchase of the 8,404 sq.ft. Caliber Collision Building, a single-tenant commercial property located at 8533 Highway 101 West, Savage, MN. The property is just minutes from the interchange of Highways 13 and 169 and is 21 miles southwest of Downtown Minneapolis.
Adaptive reuse project on Vernon Street in downtown Roseville lands office tenant
The former Roseville Telephone Co. building at 200 Vernon St., seen here earlier this year from the balcony of another building, has landed a tenant to occupy more than three-fourths of its office space while it's still undergoing an adaptive reuse project. - Sacramento Business Journal
YAH Brew Expands to Former Tattered Flag Space in Middletown
Middletown, PA – YAH Brew, a bold and fast-growing female-owned brewery based in Hummelstown, has leased the ground-floor space of the former Tattered Flag Brewery & Distillery in Middletown. Known for its pop culture-inspired beer releases, bold styles, and inclusive community spirit, YAH Brew will use the space to expand production capabilities and support growing demand.
TOWER INVESTMENTS BUYS PHOENIX PRESS BLDG IN ANDERSON, INDIANA
Tower Investments is pleased to announce the purchase of the 28,777 sq.ft. Phoenix Press Building, a single-tenant industrial property located at 1047 Broadway Street, Anderson, Indiana. The property is just minutes form the area’s excellent transportation infrastructure of interstates 65, 74 and 465 and is 45 miles northeast of downtown Indianapolis.
TOWER INVESTMENTS BUYS BIDFTA BUILDING IN VANDALIA, OHIO
Tower Investments is pleased to announce the purchase of the 47,800 sq.ft. BidFTA Building, a single-tenant industrial flex property located at 1170 Industrial Park Drive, Vandalia, Ohio. The property is just minutes from Interstate 70 and 75 and 11 miles north of downtown Dayton.
TOWER INVESTMENTS BUYS BROWNS CORNER LAND NEAR WEST EDGE OF WOODLAND
There's a new owner for land on the edge of downtown Woodland rezoned in recent years for urban-style development — but no such plans for it yet.
Alive Commercial Real Estate announced the close of escrow Thursday for a 5.35-acre property known as Browns Corner at 392 W. Main St. in Woodland.
"Their plans relative to this specific site is to be good stewards and keep operating it as is," said Spencer Moyer, a managing director at Alive who brokered the sale. "They really like that corner."
Tower Investment Inc., based in Woodland, bought the property for $3.4 million, according to Moyer. A message left at Tower on Thursday wasn't returned.