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 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.