Tower Investments Buys 5,000 SF Applebee's Bldg in Indianapolis, IN

Applebee's building located at 10655 Pendleton Pike, Indianapolis, IN

Tower Investments is pleased to announce the purchase of the 5,000 sq.ft. Applebee’s commercial restaurant building located at 10655 Pendleton Pike in Indianapolis, Indiana.  The property lies within the busy Pendleton Pike retail corridor and is just minutes from the areas excellent transportation infrastructure of interstates 65, 74 and 465 and is 20 minutes from downtown Indianapolis.

The building is currently 100% leased to Applebee’s, one of the largest casual-dining restaurant chains in the U.S.

Please click here for more information about the property.

Tower Investments Buys 29,648 SF Bel Air Market Bldg in Sacramento

The Bel Air Market located at 6231 & 6291 Fruitridge Rd., Sacramento

Tower Investments is pleased to announce the purchase of the Bel Air Market property located at 6231 & 6291 Fruitridge Road in Sacramento, California.  The 1.59-acre, flagship Bel Air Market property includes one 29,648 sq.ft. commercial building 100% leased to Bel Air Market. Founded in 1955, this was the first Bel Air Market to open. Bel Air Market was purchased by Raley’s in 1992. Raley’s operates 126 grocery stores in California and Nevada under the banners of Raley’s, Bel Air Markets, Nob Hill Foods, Food Source and Sak N’ Save.

The property is located within the Fruitridge Manor sub-market located just minutes from downtown Sacramento to the north and the Sacramento International Airport to the northwest.

Please click here for more information about the property.

Tower Investments Buys 47,160 SF Best Buy Bldg in Overland Park, KS

Overland Park Best Buy Bldg at 11525 Metcalf Ave.

Tower Investments is pleased to announce the purchase of the Overland Park Best Buy Building, a 47,160 sq.ft. commercial building within a Walmart and Khols-anchored shopping center located at 11525 Metcalf Avenue, Overland Park, KS, near the very dense retail corridor of the intersection of Metcalf Avenue and 119^th Street. Located 30 minutes south of Kansas City, the building is 100% leased to Best Buy (NYSE: BBY, Fortune #68), which employs 105,000 people at its 1,144 locations in the U.S. Canada and Mexico.

Please click here for more information about the property.

Tower Investments Recent Purchases

Tower Investments Buys 39,052 SF Lakefront 77 Commercial Bldg in Indianapolis, IN

The 39,052 SF, multi-tenant, Lakefront 77 Commercial Building

Tower Investments is pleased to announce the purchase of the 39,052 sq.ft. Lakefront 77 Commercial Building, a multi-tenant commercial property located at 3915 East 96^th Street in Indianapolis, Indiana.  The property fronts on the busy thoroughfare of East 96^th Street and is just minutes form the areas excellent transportation infrastructure of interstates 65, 74 and 465.

The building is currently 76% leased to a variety of local tenants, including Big Bear Biscuits, Prodigy Burger Bar, Gallagher Family Chiropractic, Pinnacle Partners, Inc., Sprig & Plate and Strandz Hair Design.

Please click here for more information about the property.

Tower Investments Buys 12,288 SF Diverzify Industrial Bldg in Indianapolis, IN

The Diverzify Industrial Building, Indianapolis, IN

Tower Investments is pleased to announce the purchase of the 12,288 sq.ft. Diverzify Industrial Building, a single-tenant industrial property located at 5150 W. 84^th Street in Indianapolis, Indiana.  The property is just minutes form the areas excellent transportation infrastructure of interstates 65, 74 and 465 and is 20 minutes from downtown Indianapolis.

The buildings are currently 100% leased to Diverzify, the largest privately-owned commercial flooring business in the United States.  Headquartered in Itasca, IL, and with over 48 stand-alone and affiliated locations around the nation, Diverzify employs approximately 1,500 people.

Please click here for more information about the property.

Tower Investments Buys 30,156 SF Great Lakes Windows Bldg in Walbridge, OH

Great Lakes Windows Bldg located at 7171 Reuthinger Rd., Walbridge, OH

Tower Investments is pleased to announce the purchase of the 30,156 sq.ft. Great Lakes Windows Building located at 7171 Reuthinger Road, Walbridge, Ohio, near Interstate 75 and 10 minutes from downtown Toledo.

The building is currently 100% leased to Great Lakes Windows a provider of vinyl replacement windows and patio doors.  The property is adjacent to a Great Lakes Windows manufacturing facility.  This property is used to warehouse and distribute product.  Toledo boasts the 5^th busiest port in the Great Lakes region and 54^th busiest in the United States and is known as manufacturing center for auto parts.

Please click here for more information about the property.

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).  

Jimmy Slusher, Philip D. Voorhees and James Tyrrell of CBRE’s National Retail Partners – West represented the seller, a partnership managed by Dallas-based Dunhill Partners, in the transaction. Tower Investments has retained Dunhill Partners to manage Nut Tree moving forward. 

Tower Investments Buys 7,760 SF NAPA Auto Parts Bldg in Toledo, OH

NAPA Auto Parts bldg located at 5240 Heathersdowns Blvd., Toledo, OH

Tower Investments is pleased to announce the purchase of the 7,760 sq.ft. NAPA Auto Parts Building located at 5240 Heatherdowns Blvd., Toledo, OH, minutes north of Interstate 80, a major east-west artery of the United States, and within a dense retail corridor that includes many national retailers.

The building is 100% leased to NAPA Auto Parts.  Founded in 1925, the company provides auto replacement parts and automobile service through 6,000 stores, 16,000 NAPA AutoCare and AutoCare Collision Centers and 57 distribution centers throughout the United States.  NAPA’s parent company, Genuine Parts Company, reported 2021 sales of $18.9 billion.

Please click here for more information about the property.

Two Local Families Partner to Purchase Iconic Retail Landmark

FOR IMMEDIATE RELEASE

Two Local Families Partner to Purchase Iconic Retail Landmark

Tower Investments and Nella Holdings acquire Nut Tree Plaza in Vacaville

Roseville, CA – Two local, family-owned companies, Nella Holdings and Tower Investments, have partnered on the purchase of Nut Tree Plaza, located in Vacaville, California.

Tower Investments is a family-owned real estate investment and development company headquartered here in the Sacramento region, with investments all across the country.

Nella Holdings is owned by the Dwelle family, previous owners of Flyers Energy in Auburn, who are in the process of building out a significant real estate investment portfolio of their own.